The Pacific Ocean and overlying atmosphere remain close to El Niño thresholds, so the ENSO Outlook remains at El Niño WATCH. Models indicate the tropical Pacific Ocean will ease away from El Niño levels, becoming neutral during winter. The Indian Ocean […]
Soybean futures expected to trade sideways: Angel Commodities
Soybean futures expected to trade sideways in coming days due to lower physical demand by the oil mills. However, higher production and increase edible oil imports will put extra pressure on Oilseeds at higher levels. NCDEX […]
Spot maize prices dn on low demand, high arrivals
Maize prices fell across the key spot markets due to a decline in purchases by bulk buyers at high prices. On the NCDEX, too, maize futures ended lower tracking spot cues. The June maize contract closed […]
NCDEX Krishi Index up on gains in soybean
The NCDEX Krishi Index, or NKrishi, rose 21.45 points to 3642.77 points due to gains in soybean, guar seed, mustard seed, castor seed, cottonseed oilcake and jeera contracts. NKrishi is a value-weighted index computed real-time using […]
Spot maize rise on weak arrivals, firm demand
Maize prices firmed up across key spot markets due to a decline in arrivals amid firm demand from bulk buyers. Anticipation of a fall in supplies in the coming few days and prevailing uncertainties over imports […]
Soybean prices rise in Indore on firm bulk demand
Prices of soybean in Indore rose due to firm demand from crushing units and stockists. Low arrivals in the key spot markets also supported prices. In Indore, the oilseed was sold at 3,870-3,890 rupees per 100 […]
Maize up on firm buys, likely fall in supply
Maize prices also firmed up across key spot markets as due to aggressive purchases by bulk consumers and stockists. Anticipation of a fall in supplies in the coming few days and prevailing uncertainties over imports also […]
Soybean up in Indore on higher demand, low arrivals
Prices of soybean in Indore rose due to higher demand from crushing units and stockists. In Indore, the oilseed was sold at 3,850-3,870 rupees per 100 kg, up 10-20 rupees. Arrivals in Madhya Pradesh were pegged […]
Firm buys push up spot maize prices
Maize price remained firm across key spot markets due to aggressive buying by bulk consumers and stockists. Anticipation of a fall in supplies in the coming few days also supported the prices. Feed makers are aggressively […]
NCDEX Jun soybean hits 3-week low on spot cues
The June soybean contract hit a three-week low of 3,655 rupees per 100 kg on NCDEX tracking weak cues from key spot markets. In Indore, a key market, the oilseed was sold at 3,840-3,850 rupees per […]
Maize up on firm demand
Maize prices rose across key spot markets due to aggressive buying by feed makers and stockists. Anticipation of a fall in supplies in coming few days also supported prices. Feed makers are buying the crop aggressively […]
NCDEX soybean down over 1% on weak spot demand
Soybean futures on NCDEX fell over 1% tracking weak spot cues due to subdued demand from crushing plants. The most-active June soybean contract was at 3,724 rupees per 100 kg, down 1.2% from the previous close. […]
NCDEX Jun maize up 3% on supply worries, firm demand
The June maize futures contract on NCDEX rose over 3% to hit a fresh record high of 1,995 rupees per 100 kg, due to concerns over supply of the coarse grain in domestic market coupled with […]
Soybean prices in Indore rose
Soybean prices in Indore rose due to firm demand from crushing units and stockists. A marginal decline in arrivals also aided the upside. In Indore, the oilseed was sold for 3,850-3,860 rupees per 100 kg, up […]
The June maize contract on NCDEX hit a record high
The June maize contract on NCDEX hit a record high of 1,955 rupees per 100 kg, due to uncertainty over imports of the coarse grain. Prices on the exchange also gained tracking firm spot demand from […]
Argentina forward sales up on anticipated China bean demand
Argentine farmers sold more soybeans last week than the week previous – despite a slight drop in crush margins as demand from China is expected to rise amid a breakdown in China-US talks. New crop soybean […]
Maize up on firm demand
Prices of maize rose across key spot markets due to firm purchases by bulk buyers. Prevailing uncertainties over import of maize also supported prices. Although the government allowed import of 100,000 tn maize at a concessional […]
Soybean flat in Indore on low arrivals, weak demand
Prices of soybean remained flat in Indore due to subdued demand from crushing units amid declining arrivals. Spot prices are unlikely to move sharply in coming days before the new sowing season starts in June. In […]
Spot maize prices rise on robust bulk purchases
Maize prices rose across key spot markets as bulk purchases remained robust. Bulk buyers are purchasing the coarse grain aggressively as they anticipate a sharp rise in prices once the supplies from Bihar start shrinking. Bihar […]
Soybean flat in Indore on weak demand, low arrivals
Soybean prices in Indore remained largely flat due to subdued demand from crushing units amid declining arrivals. In Indore, the oilseed was sold at 3,840-3,850 rupees per 100 kg, largely unchanged. Arrivals in Madhya Pradesh, the […]