The Telangana tender update is that the quantity confirmation is yet to receive from Markfed. The market is awaiting the updates to plan their buying plan. The AP government cargo tender is in discussion mode only. […]
Today soybean again opened -ve initially at today low in the future exchange
Today soybean again opened -ve initially at today low in the future exchange and soon the future exchange made recovery with strong oil prices and also taking the direction from MDEX. South American soybean oil have […]
The area under oilseeds increased by 24.56% to 16.636 million hectare vs 13.356 million hectare during the same period previous season
The Indian agriculture ministry on 24th July released the sowing progress report for this kharif season and according to them the area under oilseeds increased by 24.56% to 16.636 million hectare vs 13.356million hectare during the same […]
Rest of the maize growing regions will receive good rains per IMD sources
MP/Rajasthan are the two states which will face scanty to light rainfall in the coming five days, rest of the maize growing regions will receive good rains per IMD sources. We are very close to achieving […]
Today soybean opened positive in the future exchange taking cue from MDEX
Today soybean opened positive in the future exchange taking cue from MDEX . In yesterday CBOT, soybean remains firm despite reports of Chinese crushers were making fewer enquiries amid escalating tensions. But in India the soybean […]
Maize sowing has risen up to 7.1 Myn hectares versus same time last year numbers of 6.6 Myn hectares.
Maize sowing has risen up to 7.1 Myn hectares versus same time last year numbers of 6.6 Myn hectares. The overall last year sowing number was 7.4 Myn hectares. Telangana is witnessing a major drop in […]
Today soybean opened flat to negative in the future exchange
Today soybean opened flat to negative in the future exchange as profit booking observed in MDEX. In CBOT soybean remain firms on account of fresh sales to China and it was not a bad performance for the […]
Today soybean opened positive in the future exchange taking cues MDEX.
Today soybean opened positive in the future exchange taking cues MDEX. The first half MDEX opened strong and later some profit booking was observed in the start of second session. The soybean is trading at INR 37,640 […]
Telangana maize tender for 70k Mt has been quoted the highest at 1188.50
Telangana tender for 70k Mt has been quoted the highest at 1188.50 by Kisan Bhandar, a private consortium of four to five people. The main question now is wether the government awards the tender at this […]
Today soybean again opened flat to positive in the future exchange taking cues MDEX
Today soybean again opened flat to positive in the future exchange taking cues MDEX. The soybean prices are still supported by the oils prices which recovered by INR 500-700 PMT. The soybean is trading at INR 37,840 […]
Soybean sowing reports increased by 40.75% to 15.495 million hectare vs 11.009 million hectare during the same period previous season
The Indian agriculture ministry on 17th July released the sowing progress report for this kharif season and according to them the area under oilseeds increased by 40.75% to 15.495 million hectare vs 11.009 million hectare during the […]
Maize sowing reports indicates the 10% increase in sowing numbers
This week sowing reports indicates the 10% increase in sowing numbers versus last year same time. MP/Karnatka/Maharashtra are reporting higher acreages and the crop in Maharashtra especially is being told as in the best condition. The […]
Today soybean again opened +ve in the future exchange
Today soybean again opened +ve in the future exchange taking cues MDEX & Cbot. The soybean prices are range bound & appear flat to positive due to good support from oil. The soybean is trading at INR […]
Today soybean again opened +ve in the future exchange
Today soybean again opened +ve in the future exchange taking cues MDEX & Cbot. But soybean prices in second half become weak and traded low as INR 37, 360. Good sowing reports of oil seeds crop […]
The AP maize tender for full quantity of 0.45 Myn Mt.
There are rumours about the AP maize tender for full quantity of 0.45 Myn Mt. This along with the Telangana tender combined we will have more than 0.5 Myn Mt cargo coming into the market. The […]
Maize Bihar market- positive sentiment in the market and prices can move up in the short term.
There are market rumours that the Telangana tender terms could be altered and date is likely to be extended. This news along with the Bihar lockdown will have a positive sentiment in the market and prices […]
Pulses witnessed downside movement
Most pulses witnessed downside movement because of subdued demand from the dal millers. Chana however finished slightly higher because of gains in NCDEX futures. Fear of sale of cargoes of chana from NAFED is likely to […]
Maize local demand is very subdued
Cargo quality has become paramount in Bihar while trading the cargo, the premium/discount is as high as 70-100/- qtl for an average grade/superior grade cargo. The local demand is very subdued and buyers are very spot […]
Maize demand from Bangladesh continues to be the trigger
On Monday, Bangladesh’s demand continues to be the trigger for market looking at better realisation than domestic markets. Quality concerns have started coming up and with rains every day situation is not going to get any better. […]
Maize prices looks to have stabilized at current levels in Bihar
Maize prices looks to have stabilised at current levels in Bihar largely due to Bangladesh demand and subsequent resultant demand thereof. Telangana tender has been announced and will be opened on 22 July 2020. Approx. 70000 […]