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 […]
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 […]
Slow wheat procurement gains attention, raises eyebrows about domestic availability
Relatively cool temperatures in March month and untimely April rains have delayed the wheat harvest in parts of North India. Rains and storms in Haryana Punjab, Northern Rajasthan and Western UP slowed down the harvest, resulted […]
Weekly roundup of Agri Commodities
Grains Maize: Prices of maize continued to remain range-bound in the past week; domestic arrivals in past week increased slightly week-over-week; however supply shortage and high demand from South Indian bulk buyers is keeping the prices up. Rice: Basmati rice prices […]
Weekly roundup of Agri Commodities
Grains Maize: Prices of maize maintained their price levels in the past week because of supply shortage and high demand from South Indian bulk buyers. Rice: Export price of Indian origin rice dipped slightly from the past week, mainly due to […]
IMD’s forecast of Normal monsoon is good news, in short term at least
India Met Department’s first forecast of the season indicated Normal monsoon in 2019 with well-distributed monsoon rainfall during June-September period; emphasizing on the very little impact that El Nino might have on monsoon. We are noticing […]
April 2019 MPOB data limit the recent gains in palm oil prices
Malaysian palm oil futures extended the loss due to lesser than forecasted fall in stocks and lesser than anticipated export pace in the month of March. MPOB data pegged March end-stocks and output higher than forecast. […]
Increasing concern of El-Nino this year may cause lower rainfall to India
News & forecast for the Indian Monsoon this year The model projections call for 80 per cent chance of El Nino during March-May, dropping to 60 per cent for June to August. This means, it is […]
Weekly Agri-Commodities Highlights
Maize: Slight rise in maize arrivals in local markets and subdued demand from feed and bulk buyers resulted in lower prices compared to last week. In the past couple of days, high maize prices have resulted […]
Soybean prices on NCDEX are seen rising in April owing to firm oilmeal demand.
Soybean prices on National Commodity and Derivatives Exchange are seen rising in April owing to firm oilmeal demand from poultry feed sector and exporters. April soybean contract on the NCDEX was at 3,769 rupees per 100 […]
Last Week’s Agri-Commodities Highlights
Grains Maize: Prices of maize across key spot market rose marginally due to a decline in arrivals. Maize trade in local market was thin in last week on slow activity as trading holiday on Thursday on […]
MPOB palm report with bearish outlook on lean production season
Malaysia palm oil future prices closed again with the lower side in last week while in today was MPOB of data, day and as expected its there in the market with bearish outlook as inventory level […]
Last Week Snapshot Of Agri Commodities 11 Mar 2019
Grains Wheat: As at the end of February, Govt had sold a record 7.7 mln tn wheat under the open market scheme. Bulk purchases of wheat picked up this year, partly because consumers started sourcing the food […]
Rapeseed Crop influenced by Soybean this year and crop expected to be 20% higher from the last year
As per Govt Acreage and SEA of India’s latest crop survey, Govt is projecting total crop this year will set at around 8.5 MMT. The mustard final acreage can be in between 6700 to 6800 thousand […]
India oilmeal export prospects increasing while Veg oils port stocks declining
Total oilmeal export increased by 5.5% from the previous month and soybean export increased by 23%. However, Rapeseed meal export declined in Jan’19 but for the year (Apr-Jan) increased by 85%. this year crop also expected to […]
Indian malt companies will import around 70,000 ton of barley from Argentina
Indian malt companies to import 70,000-ton barley in Feb. Indian malt companies will import around 70,000 ton of barley in February from Argentina, of which 50,000 ton will be bought by United Breweries Ltd and the […]
All state of Brazil expecting lower soybean yields
Dry weather in Brazil is a continue crop concern of the market. However, some improvement witnessed over the weekend. weather in central Brazil was finally the type of weather you generally expect for this time of the year. […]
Iran appeared as the third top destination for Indian oilmeals as the country to sell crude oil to India in exchange for rupees
We can see the positive support in Indian soy-seed & meal prices. Iran appeared as the third top destination for Indian oilmeals, after South Korea at 571K tonnes and Vietnam at 422K tonnes. Overall soymeal exports raised […]