NCDEX maize ends down on weak demand.
Maize prices in Kenya fall as supplies improve.
Maize prices in Kenya fall as supplies improve.
India sells 0.1 MMT rice to Bangladesh via government tenders.
India sells 0.1 MMT rice to Bangladesh via government tenders.
Monsoon in India hits West Bengal paddy crop hard as seeds get washed away.
Monsoon in India hits West Bengal paddy crop hard as seeds get washed away.
Deficient rainfall hits paddy farming in Shivamogga (Karnataka).
Deficient rainfall hits paddy farming in Shivamogga (Karnataka).
India govt sells 2 MMT wheat to states in June under food security law.
India govt sells 2 MMT wheat to states in June under food security law.
Romania expected wheat exports slowdown.
Romania expected wheat exports slowdown.
Rabobank sees global wheat prices bearish in long term in 2017-18.
Rabobank sees global wheat prices bearish in long term in 2017-18.
Maharashtra govt to use NCDEX spot platform to buy, sell paddy.
Maharashtra govt to use NCDEX spot platform to buy, sell paddy.
GASC buys wheat through tender.
GASC buys wheat through tender.
India Chana extends gains, up 0.35 pc on rising demand.
Chana prices rose by 0.35 per cent in futures trading as traders enlarged positions on the back of rising demand in the spot market. At the National Commodity and Derivatives Exchange, chana for delivery in October rose 0.35 per cent.
Canada masoor exports down 18% on-month in June.
Masoor exports from Canada in June were down 18% on month at 68,600 tonne. Exports were up 128.7% on year-on-year basis. In June last year, the country had exported 30,000 tonne of masoor. However, so far in the marketing year ending in July, the exports were up at 853,100 tonne as compared to 631,400 tonne in the year-ago period. Canada is a major supplier of pulses in the global market, while India is the largest consumer.
Food Corp to auction 4,192 tonne tur via NCDEX e-markets.
The Food Corp of India will offer 4,192.09 tonne tur for auction Thursday through NCDEX e-Markets. The pulse is stocked at warehouses in Maharashtra, Madhya Pradesh, and Telangana.
Tur down in spot mkt on slow demand.
Tur prices declined in spot markets due to weak demand.
Govt seeks Parliament OK to spend 5 billion rupees on pulses procurement.
The government sought Parliament approval to provide 5 billion rupees for procurement of pulses under the Price Stabilisation Fund. The approval for the additional amount was sought in the First Batch of Supplementary Demands for Grants tabled in Lok Sabha. The government started procurement of legume crops through state and centre-run government agencies to buoy falling prices and help farmers. Last year, the government procured pulses to create a buffer stock of 2 million tonne and to bring down soaring prices. However, a bumper crop subsequently led to a steep fall in prices, prompting the government to intervene and initiate procurement to support the prices.
Fall in supply lifts mustard seed prices in Jaipur.
Prices of mustard seed in Jaipur extended gains due to a fall in arrivals coupled with improved demand from stockists and oil millers. Subdued demand for mustard meal, however, capped gains in prices.
Rajkot Oilseeds complex.
Edible oil prices were mixed in the early trades. Groundnut oil prices were steady due to restricted buying and selling. Cottonseed oil firmed up due to short supply. Mustard oil eased due to low retail demand. Worries that extreme weather conditions in the US had taken a huge toll on crops also kept prices up.
CBOT soy up on short covering, crop damage worry.
Soybean futures on CBOT were higher as investors covered short positions after prices fell for three straight trading days. The most active November contract on CBOT was at $9.9675 per bushel, up 0.4% from the previous close.
Adani Wilmar took delivery of 15,000 tonne of soybean on NCDEX in Jun.
Adani Wilmar Ltd took delivery of 15,000 tonne soybean on the National Commodity and Derivatives Exchange under the June contract. At 4,140 tonne, Sunrise Broking Pvt Ltd made the highest delivery of soybean to the exchange. Olam Agro India Pvt Ltd took delivery of 4,690 tonne of the same-month contract of mustard seed, while the largest delivery of the oilseed was made by ITC Ltd at 6,330 tonne. Inditrade Business Consultants Ltd took delivery of 4,500 tonne castor seed, while Kashmeen Commodities Pvt Ltd delivered 2,980 tonne of the commodity.
Soybean down in Indore tracking overnight CBOT cues.
Soybean was down in Indore tracking overnight fall in prices on the CBOT. However, sharp fall in the prices was restricted due to lower arrivals of the oilseed amid heavy rains in Madhya Pradesh. Soybean August contract on the CBOT ended 16 cents down at $9.8150 per bushel because of favourable weather in the US Midwest. Futures contracts of soybean on the NCDEX were down 0.3%.