Crude Palm Oil (CPO) prices have been on a free fall over the last few weeks. The CPO futures contract on the Bursa Malaysia Derivatives Exchange has declined below the psychological level of MYR 2,000 per […]
India’s soymeal conundrum
Stepped-up demand from the poultry industry has led to higher soymeal consumption in India, a trend that is expected to continue over the next several years, according to a new report from Rabobank entitled, “Outlook of […]
Why soyabean is key to Madhya Pradesh
The crop has often helped shape poll outcomes in Malwa, which accounts for more than half the state’s production. Once thriving, soybean has suffered falling prices in the last few years. “Malwa is India’s US Midwest […]
Heavy Rains impact Crops in Central Argentina
Areas of central Argentina received very heavy rainfall over the last several days. The areas most impacted were central Santa Fe, eastern Cordoba and Entre Rios. There were also significant rains in northern Buenos Aires province […]
Brazil could increase Soybean Meal Production by 45%
With the trade dispute between the United States and China unresolved, Brazilian officials feel there is an opening that could be filled by Brazilian soybean processors. That was the take away message form a meeting last […]
CBOT Soybean price recovered last week on trade negotiations between the U.S. and China
CBOT Soybean price recovered last week on trade negotiations between the U.S. and China, which are expected to resume later this month. Soy oil prices were weaker and meal contracts were stronger in Friday close. The […]
US tiff clears China plate for soybean
China The US has imposed three rounds of tariffs on Chinese products this year, totalling goods worth $250 billion. hina, the largest importer of soybean, is likely to open its door for the oilseeds from India following […]
Drought seen impacting kharif pulses
After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of […]
India’s sugar output may fall 7.4% due to drought in key growing areas
India is likely to produce 7.4 per cent less sugar than forecast earlier as mills are reporting a sharp drop in sugarcane yields due to a drought and white grub infestations in key growing areas, a senior industry official told […]
Soybean output may go up to 110 lakh tonne on high acreage
The country’s soybean output is likely to touch 105 lakh tonne-110 lakh tonne due to an increase in acreage in addition to conducive weather conditions, industry associations said. “If we take the average production of the […]
Palm pares some losses on lower-than-expected Oct inventory levels
Malaysian palm oil futures pared some losses on Monday during the second half of trade, as official data showed lower-than- forecast inventory levels, but still ended lower after falling as much as 1 percent. The benchmark […]
Brazil soy exports to surpass 80 mln tonnes in 2018 on Chinese demand
Brazilian exporters are forecast to sell a record volume of soybeans this year as China’s appetite for the oilseed remains strong amid a trade war with the United States, according to traders and shipping data on […]
India’s sugar exports hit by falling prices; govt offers transport subsidy
India’s sugar exports have come to a standstill after a sharp fall in prices in the last two weeks. Raw sugar prices in the benchmark Chicago Mercantile Exchange (CME) for near-month delivery declined by 4 per cent on Monday, trading […]
Soya complex rules firm
Amid subdued demand and buying, both soy oil and soybean prices firmed up at the mandis in Indore. Soybean went for ₹3,250-75 a quintal, while plant deliveries fetched ₹3,325 amid weak availability of stock with the crushers. Soya […]
Expectation of improving meal exports to drive mustard prices
The mustard futures are expected to get a boost from the news that China allowed meal imports from India. However, strict quality parameters, export guidelines and registration formalities have dampened exports in the near term. Moreover, […]
Indian soybeans association urges government not to reduce palm oil duties
The Soybeans Processors Association of India sent a letter to the Indian ministry of Commerce and Industry on Wednesday, which was released late Thursday, urging the government not to reduce the duty on crude palm oil […]
USDA slashes 2018-19 global oilseeds output view to 599.6 mln ton
The US Department of Agriculture has slashed its estimate for global oilseeds production in 2018-19 to 599.6 mln tn, lower by 4.4 mln tn from its previous forecast, the agency said in its November report. The world oilseed crop is […]
India Edible Oil:MCX CPO at year’s low on global cues; soy, mustard down
NEW DELHI – Futures contracts of all edible oils and oilseeds on domestic exchanges fell today tracking weakness in overseas markets, and due to a stronger rupee against the dollar, analysts said. The front-month November crude palm […]
Soybean inventories pile up amid US-China trade battle
Soybean shipments to China dropped sharply in mid-October from a year earlier and are expected to continue falling. China placed a 25% tariff on US soybeans to retaliate against the Trump administration. Watch soybeans trade live. As […]
Oil meals export decline in October
Solvent Association estimate Oct all oilmeals export only Half vs Sep 172K MT at 84143 Ton/Mustard Meal export crashes to 25234 Ton vs Sep 89975 Ton-GN Meal No export. The export of oil meals during October […]