Soybean prices in Indore fell due to subdued demand from oilseed crushers.Farmers are offloading stocks because they are in need of money ahead of the wedding season. The most active May soybean contracts on the NCDEX were down 0.8%.
Jaipur mustard seed dn on low demand from crushers
Prices of mustard seed fell in Jaipur due to weak demand from crushers and oil millers. A fall in supply, however, cushioned the decline in prices.
India likely to pay cane growers to help sugar mills- sources.
India likely to pay cane growers to help sugar mills- sources.
Brazil ethanol prices plunge in the first week of new cane crop.
Brazil ethanol prices plunge in the first week of new cane crop.
Spot sugar prices fall further on selling pressure.
Spot sugar prices fall further on selling pressure.
Maize unchanged in Purnea; demand firm but quality poor.
Maize unchanged in Purnea; demand firm but quality poor.
Markfed to purchase maize at MSP from Telangana.
Markfed to purchase maize at MSP from Telangana.
India maize futures climb 2.88% on upbeat spot cues.
India maize futures climb 2.88% on upbeat spot cues.
Rains likely to delay wheat harvest in Punjab, Haryana.
Rains likely to delay wheat harvest in Punjab, Haryana.
Rain in North affect wheat harvest; quality may take a hit, too.
Rain in North affect wheat harvest; quality may take a hit, too.
Wheat down 1% as demand weak amid high supply on 09 Apr.
Wheat down 1% as demand weak amid high supply on 09 Apr.
Centre kicks off wheat procurement; buys 19.31 lakh tonnes fresh grain so far.
Centre kicks off wheat procurement; buys 19.31 lakh tonnes fresh grain so far.
Rains lash many parts of Punjab, Haryana; wheat farmers worried.
Rains lash many parts of Punjab, Haryana; wheat farmers worried.
Govt procures 1.9 MMT of wheat in FY19 so far, down 7% on year .
Govt procures 1.9 MMT of wheat in FY19 so far, down 7% on year .
USDA arm sees Bangladesh 2018-19 rice imports 0.8 mln tn, dn 78% YoY.
USDA arm sees Bangladesh 2018-19 rice imports 0.8 mln tn, dn 78% YoY.
Bangladesh govt ups 2018-19 boro rice purchase price.
Bangladesh govt ups 2018-19 boro rice purchase price.
All India rice procurement updates.
All India rice procurement updates.
Coriander down in Kota, Rajkot on supply pressure
Prices of coriander fell in key markets of Gujarat and Rajasthan due to a rise in arrivals. The fall in prices, however, is likely to be limited as arrivals are still lower than normal this year due to a decline in acreage of the crop. The most active May contract of coriander on NCDEX traded 0.9% lower.
Chana down on subdued buys from dal millers
Chana prices were down in most markets because of subdued demand from the stockists and dal millers. The arrivals of chana in Delhi was at 300 tn and in Bikaner it was at 100 tn, both unchanged. Traders are waiting for the government procurement in Madhya Pradesh which may support prices slightly but sharp gains are unlikely because of bumper output of the pulse this season. The most active May chana futures on the NCDEX was down 1%.
Australia says nil chana export to India after it levied import duty
India did not import any chana in February from Australia as compared to 675 tn in January and 20,999 tn in December after the former levied a customs duty. India is traditionally, Australia’s biggest chana importer. India had imposed a 60% customs duty on chana in March to curb cheaper imports and support prices. Overall, exports of chana from Australia in February were at 50,832 tn as compared to 58,190 tn in January. However, exports from Australia to other destinations particularly Bangladesh have increased in the above months.