Tamil Nadu, Puducherry, Kerala, and South Interior Karnataka are expected to receive heavy rain from Wednesday at isolated places for three days, ahead of the arrival of the North-East monsoon. The India Met Department (IMD) has […]
FCI to sell 11,201 tn tur via NCDEX e-Markets.
Food Corp of India has offered to sell 11,201.32 tn tur through NCDEX e-Markets. The pulse is stocked at various central and state godowns in Telangana, Maharashtra, and Uttar Pradesh.
Karnataka: State government declares 100 talukas of 24 districts as drought-affected
After severe drought hit districts of Maharashtra, 100 talukas of 24 districts of Karnataka have also been declared drought affected. A study conducted by the Karnataka state government revealed that a loss of Rs 16,500 Crore […]
Rice October IGC Outlook
The forecast for rice output in 2018-19 has been reduced slightly to 490.4 mln tn from 490.8 mln tn earlier. Consumption is now seen at 492.3 mln tn, against an earlier estimate of 492.1 mln tn. […]
Maize October IGC Outlook
For maize, the grains body cut the global output projection in 2018-19 to 1.0737 bln tn from 1.0743 bln tn seen earlier. However, the projection is still higher than 1.0476 bln tn maize produced in the […]
IGC ups 2018-19 global wheat output view by 12 mln tn to 728.8 mln.
International Grains Council has hiked its estimate for global wheat production for 2018-19 to 728.8 mln tn from 716.7 mln tn seen earlier. A record 767.1 mln tn wheat was produced globally in 2017-18. The forecast […]
EU wheat falls back as export activity remains thin.
European wheat futures ended lower as a pre-weekend rally faded in the face of still tepid export activity. Benchmark December milling wheat on Paris-based Euronext settled 2.00 euros lower at 200.50 euros a tonne, retreating from […]
Ukrainian corn sinks to 12 month low of $162.75/mt on low buying, high global stocks.
Ukrainian corn was assessed at $162.75/mt by S&P Global Platts, 50 cents lower on the day, taking it to a twelve month low as buyers remain on the sidelines and global stocks mount. Prices have now […]
US Corn was up 0.7 percent at $3.70-1/4.
Corn gained ground as investors covered positions after recent losses, though momentum was capped by a bumper U.S. harvest and a trade dispute between the United States and top soybean importer China. Corn was up 0.7 […]
Akola tur up on limited supply, strong demand.
Prices of tur rose in Akola, the benchmark market, due to limited supply of the pulse amid strong demand from stockists and dal millers. In Akola, tur was sold at 3,750 rupees per 100 kg, up […]
Bajra Procurement may touch 0.3 MMT mark : Haryana
Haryana government purchase around 1,600,000 thousand tonnes of bajra in current seasons as compared to 34,449 tonnes of procurement last year. Authorities are expecting that this year procurement would be around 0.3 MMT. This year MSP […]
Farmer’s interest increased towards Barley
Rajasthan farmers are likely to sow higher barley crop on better price realization duw to higher prices and good industrial demand. Currently barley prices are hovering around Rs.1910 per 100 kgs.
China’s 2018 soy and corn reserve auctions to conclude: NGTC.
China will end the auctions of its state soy and corn reserves next week as the new crops begin to reach market, with the latest auction announcement from the National Grain Trade Centre (NGTC) not listing […]
Pulses & Maize Area lags; Wheat & Barley Area up
According to the Preliminary rabi crop report released by Ministry of Agriculture, the planted area under pulses and maize are lower as compared to same period last year, while, wheat and barley area are higher during the same […]
STC invites tenders to buy 20,000 tn tur or masur by Nov 9
State Trading Corp has floated a tender to buy 20,000 metric tonne tur (split-husked and fatka) or yellow masur imported from Canada (split-husked and laired no.2) to sell under public distribution scheme.
Govt approves procurement of pulses, oilseeds at MSP in nine states.
The government has approved procurement of pulses and oilseeds at minimum support prices during the kharif marketing year that started October, in nine states, including Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Karnataka and Andhra Pradesh, Farm Minister […]
DowDuPont withdrew GM Corn trials as requisite states didn’t give permission
DowDuPont Inc had to defer field trials of genetically modified (GM) variety of corn in August this year in India as the required minimum number of states did not give the necessary permissions. Currently, Bt cotton […]
NAFED to sell 26,765 tn mustard via NCDEX e-Mkts
The National Agricultural Cooperative Marketing Federation of India has offered to sell 26,765.32 tn of mustard seed through NCDEX e-Markets. The stocks to be auctioned are stored at various state and central godowns in Haryana’s Sirsa, […]
Water level in key reservoirs up 1% YoY, down 0.4% 10 Yr Avg.
According to data released by the Central Water Commission, the water level in the 91 key reservoirs across India stands at 112.67 BCM, which is 70% of the total capacity. The current water level is 1% higher on […]
Basmati production down by 1.4% to 5.56 mln tn
According to All India Rice Exporters Association, Indian production of basmati rice is likely to fell by 1.4% to 5.56 Million tonne in 2018-19 as compared from 5.64 mln tn in last year. The lower production […]