Soybean prices were up in Indore, the benchmark market due to lower supplies and higher demand from crushers. Soybean prices were up in Indore, the benchmark market due to lower supplies and higher demand from crushers. The most-active February contract of soybean was at 3,145 rupees per 100 kg, up 21 rupees from the previous close.
Chhattisgarh mustard farmers told to check aphids
IMD’s Agrimet has advised farmers in Chhattisgarh to control the spread of aphids in mustard crop. Due to previous cloudy weather condition in the state, the incidence of aphids in mustard crop is likely to increase. Farmers have been advised to keep a watch and spray pesticides if the infestation is above economic threshold level. The state has sown mustard across 138,000 ha as of Thursday, up 14% from a year ago.
Mustard seed tad up in Jaipur on recovery in demand
Prices of mustard seed rose slightly in Jaipur due to recovery in demand from domestic oil millers and crushers. Concerns of an 8-10% decline in the output of the oilseed in 2017-18 (Jul-Jun) is seen creating positive sentiments. The most active January futures were up 24 rupees at 3,962 rupees per 100 kg on the NCDEX.
Bajra trades higher on scattered demand.
Bajra trades higher on scattered demand.
Kenya govt asked to pay promptly for maize deliveries.
Kenya govt asked to pay promptly for maize deliveries.
Ukraine increased corn starch production by 38%.
Ukraine increased corn starch production by 38%.
Chicago wheat futures rise on cold weather in early trading.
Chicago wheat futures rise on cold weather in early trading.
Sudan to end wheat subsidies, private sector to handle imports
Sudan to end wheat subsidies, private sector to handle imports
Cold wave to make up for loss of wheat yield due to delay in sowing in Punjab, Haryana.
Cold wave to make up for loss of wheat yield due to delay in sowing in Punjab, Haryana.
India wheat up as import duty hike rumours fuel demand.
India wheat up as import duty hike rumours fuel demand.
Coriander, jeera falls on subdued demand
Coriander and jeera prices fell by Rs 100 per quintal at the wholesale kirana market in the national capital today on easing demand from retailers and stockists amid adequate stocks. Besides, fresh arrivals from producing regions and weakening trend in futures market put pressure on the select spice prices. Coriander prices declined by Rs 100. Coriander futures fall 1.88% on weak demand.
Meat demand grows, U.S. soybean sales suffer
U.S. exports of feed crops already were expected to drop this year as producers in South America and Europe expand sales. But after some lousy weather in the Midwest this year, the harvest yielded soybeans with less protein. While U.S. exporters often have to contend with Brazilian soy that is higher in protein at around 37%.
Pakistan Soybean oil imports increase 71.93pc in 5 months
Edible oil imports including soybean and palm oil during five months of current financial year grew by 71.93 percent and 29.24 percent respectively as compared the corresponding period of last year. During the period from July-December 2017-18 109,366 metric tons of soybean oil worth of US$ 98.519 million imported to fulfill the domestic requirements as against the import of 37,845 metric tons valuing US$ 57.303 million of same period last year.
Kazakhstan almaty region expanding oilseed plantings
Oilseed plantings and yields in Almaty region, the Republic of Kazakhstan, gained almost 10%. Total oilseed output exceeded 300 KMT. Roughly 4 KMT was shipped abroad.
Rains to help corn planting in Argentina grains belt.
Rains to help corn planting in Argentina grains belt.
CBOT corn up on technical buying.
CBOT corn up on technical buying.
Rice output in Philippines projected to rise in 2017-18.
Rice output in Philippines projected to rise in 2017-18.
Japan considering imports of U.S. corn-based ethanol.
Japan considering imports of U.S. corn-based ethanol.
Vietnam rice exports beat low expectations in 2017.
Vietnam rice exports beat low expectations in 2017.
About 10,000 hectare of paddy crop affected due to unseasonal rains in Odisha.
About 10,000 hectare of paddy crop affected due to unseasonal rains in Odisha.
