The May contract of maize on NCDEX hit a two-week high of 1,920 rupees per 100 kg, up 1.6% from the previous close, due to robust purchases by feed manufacturers. Prices in spot markets too rose […]
USDA WASDE: May 2019 Soybean Update
The 2019/20 outlook for U.S. soybeans is for higher supplies, crush, exports and slightly lower ending stocks compared to 2018/19. The soybean crop is projected at 4,150 million bushels, down 394 million from last year’s record […]
Spot maize up on firm demand.
Maize, prices remained firm across key spot markets as bulk purchases by feed manufacturers were robust. Feed manufacturers have started buying the coarse grain aggressively, anticipating tight supply in coming days after arrivals in Bihar start […]
US soybean Supply weighty since the United States entered a trade war with China- More Supply than Demand
U.S. soybean supplies have been particularly weighty since the United States entered a trade war with top buyer China last year, and a record-large crop only added to the glut. U.S. corn stocks have also been […]
Soybean up in Indore on firm demand, low arrivals
Prices of soybean in Indore rose due to improved demand from crushing plants and a decline in arrivals. In Indore, the oilseed was sold at 3,840-3,850 rupees per 100 kg, up 15-20 rupees from Wednesday. Arrivals […]
Maize gain as bulk buyers step up purchases
Maize prices remained firm across key spot markets as demand from bulk buyers are purchasing the coarse grain aggressively. Feed manufacturers have stepped up their purchases anticipating tight supply in coming days after arrivals in Bihar […]
Soybean contracts on the NCDEX rose.
Futures contracts of all components in the edible oil basket extended gains on the domestic exchanges. Soybean contracts on the National Commodity & Derivatives Exchange rose tracking strength in key contracts on Chicago Board of Trade. […]
Maize gain on firm buys
Maize prices rose across key spot markets after declining for two days due to an improvement in demand. Demand rose as bulk buyers have started to purchase the coarse grain aggressively, anticipating a sharp rise in […]
Futures contracts of all components of edible oil basket edged higher
Futures contracts of all components of edible oil basket edged higher on the domestic exchanges. Soybean contracts on the National Commodity & Derivatives Exchange rose due to pick up in demand from crushing plants amid lower […]
Maize down on high arrival
Maize prices declined for the second straight day as arrivals rose sharply in key spot markets. Arrivals of the fresh crop are in full swing in Bihar-the largest producer in the rabi season. In other states, […]
Spot maize down on high arrivals.
Maize prices across key spot markets fell as arrivals rose in Bihar. However, firm demand from bulk consumers, including poultry industry, restricted a sharp fall, traders said. Bihar is the largest producer of maize in the […]
NCDEX May soybean hits 1-month low on spot mkt cues
The May soybean contract on NCDEX hit a one-month low of 3,648 rupees per 100 kg today, taking cues from spot markets where prices fell due to subdued demand from crushing plants. At 1300 IST, the […]
Argentina’s corn hits 48m mt
An increase in area and “excellent yields” are likely to push Argentina’s corn production to 48 million mt, according to the weekly report from the Buenos Aires Grain Exchange, as the country’s growing conditions boost the […]
China Soybean: APM-6 falls on weak futures despite higher trades
The price of soybeans for June shipment into North China fell on the day as CBOT soybean futures dropped to a new low despite CFR premiums trading higher overnight on good crush margins in China. The […]
Mizoram: 1,409 Hectares of Maize Cultivation Affected by Insect Attack
At least 1,409 hectares of maize cultivation in Mizoram has been affected by an insect attack. The outbreak of Fall Army Worm (FAW) Spodoptera frugiperda an insect has spread to all the eight districts of the […]
Its too early to predict about India’s next season soybean crop
The government expecting India’s soybean output for the next season will be at 13.7 MMT, higher by 25% from previous year’s level, according to the farm ministry’s second advance estimates. However, according to IMD prediction over […]
Wheat procurement picks up in this week; although slower than Normal in UP, MP and Rajasthan
Following up on our past week’s article on slow wheat procurement in India, we are noticing a sharp rise in wheat procurement in some states. Punjab has procured 7.55m tonnes of wheat till end April, as […]
Palm oil bearish fundamentals are more dominating then market opportunity
Malaysian palm oil futures prices continuously in a falling streak, fell more than 2% to their lowest in nearly a month, mostly weighed down by weaker related edible oils. Also, the expectation of higher than expected […]
Maize prices eased further as demand from bulk buyers remained weak at high prices.
Maize prices eased further as demand from bulk buyers remained weak at high prices. Prices also fell due to a sharp rise in arrivals. “Prices will remain weak in the near term as arrivals of the […]
Soyabean prices moved down in Nagpur on poor demand from local crushing plants
Soyabean prices moved down in Nagpur on poor demand from local crushing plants. No takers to soyabean oil & soymeal, weak trend on NCDEX in last trading session and fresh fall in Madhya Pradesh soyabean prices […]