The much awaited Kharif 2021 sowing data is out and the numbers are quite a surprise. The rainfall in June was normal and with progress in some states being ahead of schedule, have resulted in early […]
Government cuts basic import duty on CPO to 10% from 15% earlier
Government has cut the import duty on crude palm oil to 10% from 15% for a period of June 30 to September 30 2021. Effective duty on the CPO was however at 35.75 percent (15% duty […]
Government has signed deal to import 250,000 ton urad & 100,000 ton tur from Myanmar
Government has signed a pact with the government of Myanmar to import 100,000 ton of tur or pigeon peas and 250,000 ton of urad or Black Mapte annually for a period of 5 years. It has […]
Soybean remain volatile amid questions over sowing intentions
Soybean prices in the local market still remain high with market participants focusing on the sowing intentions in Madhya Pradesh and Maharashtra. There is a probable shortage of seed in the market amid a slow-down in […]
Competitive India maize rates continue to be attractive for global buyers
India maize rates in the global market continue to remain competitive. Therefore, India remains the preferred market for most south-Asian countries. According to market sources, nearly 400,000 -450,000 ton of maize have been contracted for shipment […]
NCDEX Chana futures increased more than 2%
NCDEX chana futures after hitting a low of 4,941 have bounced back owing to bargain buying. In the local market, sentiments were positive on account of higher than expected procurement by the government along with hopes […]
Tur downward trend continues
Most pulses are observing a downward trend over the last few days. This is largely on account of seasonal dull period coupled with rise in arrivals. Tur or pigeon peas has also not been left behind. […]
Wheat Procurement at record 42.64 mln ton vs 37.89 mln
Wheat procurement by the government agencies in the country have hit record high of 42.64 mln ton as on Jun 14 as compared to 37.89 mln ton in the corresponding period a year ago. Punjab, Madhya […]
Minimum Support Price- Pulses in line with expectations
The Central government has announced the Minimum Support Price (MSP) of the Kharif crops for 2021-22 marketing season on June 9,2021. Rise in the MSP in pulses was in line with the market expectations. However, MSP […]
NCDEX Chana- the trend going ahead
The most volatile commodities on the National Commodity & Derivative Exchange Ltd are oilseeds, edible oil, chana, and spices. Let’s understand the movement in chana, the factors which could derive the trend going ahead. On Futures, […]
Refined soyoil futures on NCDEX have slipped nearly 10 %
Refined soyoil futures on NCDEX have slipped nearly 10 % since the beginning of the month. The fall in the Futures could be attributed to hopes of increase in the imports in June and probable cut […]
Latest Report on Rice | Daily Report | 27.05.21
Latest Report on Rice | Daily Report | 27.05.21 [su_qrcode data=”http://app.agalabs.com/api/v1/commodity-archive/document/60af65e80af83140eceeb547″ margin=”5″ align=”center” link=”http://app.agalabs.com/api/v1/commodity-archive/document/60af65e80af83140eceeb547″ color=”#312b39″][su_note note_color=”#fce2cc” radius=”5″]Please Click Here to View the Report | [/su_note]
Weather continues to be dry across maize growing regions
Poultry players (Broiler Integrators) are fetching the bird rated @ 90-100 across different regions in the country, with the Day Old Chik prices ranging from 40-47. The soya meal rates are a spoiler for Poultry people […]
In India soybean prices recovered & opened firm
In India soybean prices recovered & opened firm to positive and the arrivals also reducing in the domestic markets. Yesterday in CBOT, soybean also traded firm to positive initially and later on reversed the early gains. […]
In India soybean prices recovered today in the future exchanges
In India soybean prices recovered today in the future exchanges. Yesterday in CBOT, soybean back from their high as profit booking is observed. Argentina URGARA (cargo controllers union) union strike lifted yesterday which was declared on 9th December […]
In India soybean prices opened weak yesterday
In India, soybean prices opened weak yesterday and profit booking was observed in the future exchanges. Yesterday in CBOT soy complex initially surge to new high and later market came down due to profit booking by […]
In India soybean prices trading firm to positive taking cues from the International markets
In India soybean prices trading firm to positive taking cues from the International markets . Yesterday in CBOT soy complex hit one day historical rally. The soybean prices traded closed to US$13 & treaded high of […]
In India yesterday soybean prices opened firm to positive taking cues from the CBOT
In India, Yesterday soybean prices opened firm to positive taking cues from the CBOT and also getting the support from MDEX. Yesterday in CBOT soy complex rallied and soybean prices taking double digits gains due to […]
Maize market is a replica of the report as Wednesday.
Maize market is a replica of the report as of Wednesday, no major changes in prices and arrivals in the market. Product Margins for Wet corn millers and poultry processors continue to remain positive which is […]
In India soybean prices opened firm taking cues from the International markets.
In India soybean prices opened firm taking cues from the International markets. Yesterday in CBOT soybean opens sideways, but after the release of NOPA crush reports the soy complex started improving as they released a better […]