Soybean opened weak in India in the future exchange taking cues from MDEX. Yesterday in CBOT, the soybean traded strongly after a three-day weekend in the US. USDA announced two large new crop bean export sales to […]
Today soybean opened positive taking cues from MDEX but later traded weak in India in the future exchange
Today soybean opened positive taking cues from MDEX but later traded weak in India in the future exchange. Though in MDEX oil traded and closed +ve. Yesterday CBOT remained close due to US labour day holiday. […]
Maize sowing more or less similar in numbers last year versus current year
Maize sowing more or less similar in numbers last year versus current year. We have higher sowing percentage in Karnataka, Punjab, Jharkhand, Assam and chattisgarh, while there is a drop of 77% in acreage in Telangana […]
soybean opened weak in India on Monday in the future exchange due to weak oil in future exchange & weak MDEX due to profit booking
soybean opened weak in India on Monday in the future exchange due to weak oil in future exchange & weak MDEX due to profit booking. China buyers have been actively covering soybeans purchases from US. Last […]
Today soybean opened weak in India in the future exchange due to weak oil.
Today soybean opened weak today in India in the future exchange due to weak oil. In MDEX also oil prices traded weak. In yesterday CBOT, soybean market moved up as China buying picked up. The soybean prices rose […]
Today soybean recovered in India in the future exchange taking support from oils & rapeseed.
Today soybean recovered in India in the future exchange taking support from oils & rapeseed. In MDEX , oil prices are also trading up. In yesterday CBOT, some profit booking was observed initially in soybean, later […]
Today soybean opened weak in India
Today soybean opened weak in India. Yesterday the DGFT issued circulars capping the benefits earned by exporters under the MEIS scheme at 2 crores per exporters on exports made in the four month period from Sept.1 […]
Today soybean opened weak in future exchange despite positive cues from CBOT and MDEX
Today soybean opened weak in future exchange despite positive cues from CBOT and MDEX, some profit booking observed. In yesterday CBOT soybean and soybean meal traded up whereas soybean oil traded low on fear of US […]
Most of the processors have increased the soybean meal prices by INR 500 -600 PMT.
Normally the soybean remains weak during this time of the year, but the weather has changed the plan, strong support from International markets, continues increase in the domestic soybean oil & soybean meal prices due to […]
Maize sowing acreage numbers were received at 8.003 Myn Hectares versus 7.88 Myn hectare of last year.
Maize sowing acreage numbers were received at 8.003 Myn Hectares versus 7.88 Myn hectare of last year. One interesting fact would like to mention here is that Argentina acreage is 6.8-7.0 Myn hectares and they receive […]
The soybean prices opened flat to positive in India in the future exchange
The soybean prices opened flat to positive in India in the future exchange after yesterday closed at 3% circuit after one of the associations confirm the crop damage report in MP. The Indian markets also taking […]
he summary of Tender bids for AP maize tender, the prices are higher by approx. 300/- pmt
Enclosed is the summary of Tender bids for AP maize tender, the prices are higher by approx. 300/- pmt over the previous tender. The 46000 Mt question is will the government still give the cargo to […]
Chana futures on NCDEX hit 15 month high of 4627 rupees tracking upside trend in the spot.
Chana futures on NCDEX hit 15 month high of 4627 rupees tracking upside trend in the spot. Spot market gained due to ongoing festival demand and limited availability. NAFED is releasing lower stocks in the market […]
The soybean prices again opened positive in India in the future exchange.
The soybean prices again opened positive in India in the future exchange. Yesterday soybean in CBOT recover with the expectations of worsening crop conditions reported last week due to dry weather conditions. But later on the […]
Sowing Report :- We have seen better sowing in regions of Karnataka, Punjab this season with Telangana lower by almost 77% as compared to last year. Maharashtra/Orissa/Jharkhand are marginally better in terms of sowing, the main […]
As on 21stAugust 2020 the total summer crops has been sown on 106.293 million hectare area against 97.915 million hectare
Soybean The summer (Kharif) crop sowing has improved as compared to last season due to timely widespread rainfalls across the India. As on 21stAugust 2020 the total summer crops has been sown on 106.293 million hectare […]
Today the soybean prices again opened -ve in India
Today the soybean prices again opened -ve in India, but rapeseed & soy oil recovered in future exchange despite weakness in CBOT & MDEX. Indonesia remains close today. The soybean was under pressure in CBOT yesterday as […]
The Maize tender guessing games continues and we do not know how the Telangana govt is planning to get rid of the crop that it has bought.
The tender guessing games continues and we do not know how the Telangana govt is planning to get rid of the crop that it has bought. There is hardly any activity in the market and prices […]
Maize Andhra Pradesh tender has been called off, speculations are that there will be a retender on the 27 and 28th.
Andhra Pradesh tender has been called off, speculations are that there will be a retender on the 27 and 28th. The quantity is 1 Lac Mt as in previous tender, so no tender for full quantity […]
The soybean prices again opened +ve in India taking the support from International markets.
Today the soybean prices again opened +ve in India taking the support from International markets. MDEX also remains supportive . In yesterday Cbot, in the soybean & soybean meal the profit taking was observed as crop progress […]