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 […]
Soybean opened flat to firm taking cues from CBOT
Soybean opened flat to firm taking cues from CBOT, though soybean meal demand is weak due to ongoing shravan month. The soybean is trading at INR 37,280 against yesterday’s closed of INR 37,220. Arrivals of soybean again […]
Maize processors are just buying for spot demand
The current demand scenario for poultry and starch with on and off opening up of processing plants is not helping demand one bit. The processors are just buying for spot demand. The broiler placements according to […]
Maize poultry demand was subdued
The shravan month has begun from today and the poultry demand which was already subdued will be having even lower production for a month and a half from today. Market expects only 50% Broiler placement is […]
Maize arrival Increase in UP
Increase in UP arrivals are causing markets to trade lower, warehouse delivered levels are traded between 1200-1220 today. Bihar warehouses are also trading at similar levels. Truck Freights have moved lower to Punjab/Haryana regions from Bihar […]
Soybean opened in +ve node in the future exchange
Today soybean again opened in +ve node in the future exchange due to recovery in MDEX and strong rally in the Cbot for second straight session. Lower than expected sowing & emerging weather concerns raising yield worries in […]
Maize buying is subdued
Buying is subdued at the moment looking at lower price realization in the food and feed sectors. Just Need-based buying being done, stocking demand largely has been catered to in Bihar, and now challenges with empty […]
Soybean meal prices opened flat on Tuesday.
Soybean meal prices opened flat on Tuesday. Soybean meal prices range INR 28,800-32,700+ GST across India. For some plants material, the reseller are quoting as low as INR 28,000 PMT+ GST in MP and INR 29,400 […]
Chana prices fall on Monday
Chana prices after a sharp fall on Monday have bounced back today owing to hopes that government disbursement may reduce the inventories. Government’s nodal agencies have nearly 3.0-3.2 mln ton of chana which includes this years’ […]
Maize prices were trade slightly weaker on lower demand from south and east markets
The Update from Mr. Prime Minister is that 80 crore Indians will get free ration of 5kg Wheat or 5kg Rice along per person along with 1kg chana per family till November 2020, in his latest […]
Soybean kharif season area under oilseeds increased to 8.331 million hectare
The Indian agriculture ministry on 26th June released the sowing progress report for this kharif season and according to them the area under oilseeds increased to 8.331 million hectare which is more than five times than […]