Prices of coriander fell in Ramganj, Rajasthan, today, as cheaper imports continued to weigh on domestic demand for the spice. In Ramganj, the badami variety was sold at 5,200 rupees per 100 kg and the eagle variety at 5,400 rupees per 100 kg, both down 50 rupees.
Russian wheat shipments to Indonesia increased threefold.
Russian wheat shipments to Indonesia increased threefold.
Ethiopian retenders for third time to buy imported wheat.
Ethiopian retenders for third time to buy imported wheat.
CBOT wheat up on crop damage worry in major growers.
CBOT wheat up on crop damage worry in major growers.
U.S corn planting progress.
U.S corn planting progress.
US corn secures 140,000 mt of private export to Saudi Arabia.
US corn secures 140,000 mt of private export to Saudi Arabia.
EU corn-buying spree is boosting rare trade with South Africa.
EU corn-buying spree is boosting rare trade with South Africa.
Maize prices up in Gulabbagh on export demand.
Maize prices up in Gulabbagh on export demand.
India maize futures rise further on spot demand on 23 May.
India maize futures rise further on spot demand on 23 May.
Chinese soybean stocks hit four-year high as crush margin slumps
Soybean stocks in China climbed to 7.73 million mt at the end of May, the highest level seen in over four years.
Argentina soybean crush rate reaches 3.36 million mt in April
Argentina crushed 3.36 million mt of soybeans in April, down 16% from the 4 million mt crushed in April 2017.
Warm spell adds to strain on EU rapeseed crops
A warm, dry spell in Europe may reduce harvest yields for rapeseed, the continent’s most important oilseed crop, by adding pressure on plants that have endured adverse weather since sowing. Hot, dry spell affected flowering, caused too fast growth. Dims hopes of yields offsetting German, Polish area fall. France’s farm ministry estimates the rapeseed area at 1.50 million hectares, up 6.3 percent on last year. But 2017 also saw a record national yield of 3.8 tonnes per hectare.
Israel urges farmers near Gaza border to harvest wheat early due to threat of burning kite.
Israel urges farmers near Gaza border to harvest wheat early due to threat of burning kite.
Impact of overnight heat stress on Texas winter wheat.
Impact of overnight heat stress on Texas winter wheat.
Mozambique maize producers complain of Malawian prices.
Mozambique maize producers complain of Malawian prices.
Maize prices in Kenya hit six-month low as imports rise.
Maize prices in Kenya hit six-month low as imports rise.
Vietnam agriculture minister reluctant to comment on new rice import permit.
Vietnam agriculture minister reluctant to comment on new rice import permit.
Source says India govt may up 2018-19 paddy MSP by over 100 rupees/100 kg.
Source says India govt may up 2018-19 paddy MSP by over 100 rupees/100 kg.
Soybean futures saw 8 to 9 1/2 cent gains in most contracts
Soybean futures saw 8 to 9 1/2 cent gains in most contracts. Soymeal were up $3.20/ton, with front month soy oil 19 points higher. A report late on Wednesday showed that a Chinese importer purchased a cargo of US soybeans for shipment in August. The average trade guess for old crop soybean export sales is for net reductions of 200,000 to sales of 400,000 MT. That comes after the USDA earlier reported private exporters canceling a large chunk of old crop sales in the daily reporting system. New crop sales are seen at 200,000-400,000 MT. Soy meal sales are expected at 100,000-500,000 MT, with soy oil at 8,000-30,000 MT. Ports in Argentina will be shut down on Thursday due to a strike by workers demanding better conditions and wages.
Mustard prices up in Jaipur on oil millers’ demand
Prices of mustard seed rose in the benchmark market of Jaipur due to demand from oil millers and government procurement. In Jaipur, the oilseed was sold at 4,045-4,050 rupees per 100 kg, up 20-30 rupees from the previous day. Arrivals of mustard seed in Rajasthan were unchanged at 135,000 bags (1 bag = 85 kg). Reports that government may increase the import duty on soyoil, sunflower oil and crude canola oil is also seen supporting mustard seed prices. The most active June contract on the NCDEX was up.