NCDEX coriander up over 1% as inventories fall.
Brazil 2017-18 corn output seen 93 MMT, down 5% vs 97.7 in LY.
Brazil 2017-18 corn output seen 93 MMT, down 5% vs 97.7 in LY.
CBOT corn down on better crop; harvesting gains pace.
CBOT corn down on better crop; harvesting gains pace.
Rains pose threat to maize crop in Nizamabad.
Rains pose threat to maize crop in Nizamabad.
US wheat prices tick up on ample world supplies.
US wheat prices tick up on ample world supplies.
Philippine feed millers urged to cut wheat import.
Philippine feed millers urged to cut wheat import.
State Bank of Pakistan extends subsidy on wheat export up to Oct 30.
State Bank of Pakistan extends subsidy on wheat export up to Oct 30.
1st time in India Punjab will grow black wheat.
1st time in India Punjab will grow black wheat.
FCI will sell 1.02 MMT wheat through e-auction on Oct 12.
FCI will sell 1.02 MMT wheat through e-auction on Oct 12.
Thailand rice export prices down on low demand.
Thailand rice export prices down on low demand.
Central & South India Paddy farmers concerned over crop damage post rains.
Central & South India Paddy farmers concerned over crop damage post rains.
Chhattisgarh CM distributes Rs. 73.49 crores paddy bonus.
Chhattisgarh CM distributes Rs. 73.49 crores paddy bonus.
Bangladesh’s strong appetite for rice fuels price rise in east India.
Bangladesh’s strong appetite for rice fuels price rise in east India.
India rice procurement as on Oct 06 for 2016-17 is 38.1 MMT vs 34.2 MMT in LY.
India rice procurement as on Oct 06 for 2016-17 is 38.1 MMT vs 34.2 MMT in LY.
Philippine rice inventory declined by nearly 20% in September.
Philippine rice inventory declined by nearly 20% in September.
NAFED procures 3,392 metric tonne of kharif moong in 3 states.
The National Agricultural Cooperative Marketing Federation of India has procured 3,392 metric tonne of moong grown in the kharif season under the price support scheme in Telangana, Karnataka and Rajasthan. Over 3,000 farmers have been benefitted from the procurement drive that started mid September in Telangana, and later extended to Karnataka and Rajasthan.
Pulses import at Mumbai port up 6% on year to 125,603 metric tonne in September.
The import of pulses at Mumbai’s Nhava Sheva port in September increased 6.3% on year to 125,603 metric tonne. The imports of chana and urad surged this year to 79,667 metric tonne and 14,784 metric tonne, respectively. The chana imports in September were largely from Australia, one of the leading exporters of the pulse to India. Tur imports declined and that of urad and moong increased last month despite restrictions imposed by the government.
Food ministry may seek Cabinet OK to push ministries to buy buffer pulses.
Food and Consumers Affairs ministry is likely to seek Cabinet approval for the disposal of pulses from buffer stock to other ministries at prices higher than the market rate. A direct communication with other ministries has so far not yielded any result because even at subsidized rates, pulses from the buffer stock are expensive than the market price. If the Cabinet approves the proposal, the ministries and their public sector undertakings would have to buy pulses from the food ministry. The food ministry has written to different ministries asking them to purchase pulses from the buffer stock at subsidised rates but they have shown no interest.
Maharashtra mulls delisting pulses, oilseeds from APMC Act.
Enthused by the positive outcome of delisting fruits and vegetables from the ambit of Agricultural Produce Market Committee Act, 1963, Maharashtra has proposed allowing direct marketing of pulses and oilseeds as well. The state government has appointed a committee to study the pros and cons of delisting pulses and oilseeds and asked it to submit a report in three months. Delisting pulses and oilseeds from the APMC Act likely ensure remunerative prices for farmers. However, with the delisting, farmers are free to sell their produce to anyone in the country who offers competitive prices. Keeping pulses and oilseeds out of the ambit of APMC Act may help shore up domestic prices of these commodities that have slipped below the minimum support price in many places.
Tur down in Akola on low demand.
Prices of tur at Akola in Maharashtra fell as demand from dal millers was subdued. Weakness in chana prices also dampened the sentiment.
