Surge in sugar causes price crash; govt calls meeting.
South Africa is expected to harvest 3% more maize in 2018.
South Africa is expected to harvest 3% more maize in 2018.
Indonesian mill buys 30,000 tonne of black sea wheat, importers eye lower prices.
Indonesian mill buys 30,000 tonne of black sea wheat, importers eye lower prices.
Over 65.08 lakh tonnes wheat procured in Haryana at MSP by govt agencies.
Over 65.08 lakh tonnes wheat procured in Haryana at MSP by govt agencies.
UP, Rajasthan farmers sell wheat in Haryana mandis.
UP, Rajasthan farmers sell wheat in Haryana mandis.
Barley prices fall in Jaipur on concern over quality
Prices of barley fell in Jaipur, Rajasthan, because concern over quality of domestic stocks restricted demand from malt industries. A surge in arrivals of the grain amid subdued demand from domestic stockists also weighed on prices. Despite concern over quality, good demand from poultry feed industries cushioned fall in prices.
Tur prices up in Akola on bargain buying
Tur prices rose in the benchmark market of Akola due to bargain buying.Prices have been below the minimum support price of 5,450 rupees per kg due to weak demand from millers and stockists as there were sufficient supplies.
Chana down in Delhi as supply in Madhya Pradesh up
Chana prices in Delhi were down as arrivals in markets of Madhya Pradesh increased sharply, despite government procurement. Farmers are currently not interested in selling their produce to the government because of a delay in payment and as farmers are being asked to bring fair average quality stocks.
Brazil soybean harvest is 91% complete, compared to the average of 90%.
China’s soybean productionn est. to rise 1.9% in 2018 to 15.2 MMT on larger acreage
Marketing Federation purchase over 1.20 lakh MT of mustard in Haryana
The Haryana State Cooperative Supply and Marketing Federation has so far purchased over 1.20 lakh metric tonnes of mustard during the current purchase season. 24,960.64 metric tonnes of mustard has purchased in district Bhiwani.As many as 62,966 farmers have so far benefited with this purchase.
Akola soybean dn on lower meal buys; unch in Indore.
Soybean prices were down in Akola, a key market for the oilseed, because of lower demand from crushers for meal. The most active soybean futures were down 1% at 3,721 rupees per 100 kg tracking sharp fall in the soybean contracts on CBOT.
Soybean prices seen up; rift with US may steer China demand to India
Prices of soybean are expected to top 4,000 rupees per 100 kg, a level last seen two years ago, in a month due to high probability of China buying Indian soymeal, coupled with shrinking arrivals in physical markets. Currently, soybean prices at the key market of Indore are around 3,700 rupees per 100 kg. With US-China trade relations uncertain, in all probability, China may have to look to other markets to fulfil its demand for soybean.
Kota coriander up on bargain buying, low arrivals
Prices of coriander rose marginally in Kota, Rajasthan, today due to a sharp fall in arrivals and increase in buying at lower price levels. Prices have been on the decline for the past two weeks. The most active May contract of coriander on the NCDEX traded up 0.6%.
Australian sugar industry warned to look beyond biofuel future.
Australian sugar industry warned to look beyond biofuel future.
India sugar prices down due to selling pressure, record production.
India sugar prices down due to selling pressure, record production.
Research body suggests shifting cane, rice cultivation to east India.
Research body suggests shifting cane, rice cultivation to east India.
Japan buys 101,902 tonnes of food wheat via tender.
Japan buys 101,902 tonnes of food wheat via tender.
Wheat procurement in Haryana crosses 50 lakh tonnes.
Wheat procurement in Haryana crosses 50 lakh tonnes.
Space shortage hits FCI wheat procurement in Bathinda, Mansa.
Space shortage hits FCI wheat procurement in Bathinda, Mansa.
