Arrivals in Madhya Pradesh, the largest grower, were pegged at 100,000 bags (1 bag = 100 kg), down 300,000 bags. Arrivals were lower in the state due to inadequate transport facility on account of the ongoing […]
CBOT Corn hits 5-day low on advance harvest pressure
U.S. corn futures edged lower as friendly weather was expected to see farmers advance harvesting, pushing prices to a five-day low. The most active corn futures on the Chicago Board Of Trade were down 0.1 percent […]
CBOT Wheat at 6-week low on dollar strength.
Chicago wheat futures lost more ground with prices dropping to a six-week low as a stronger dollar raised concerns over U.S. exports, which have been facing competition from the Black Sea region. The most-active wheat contract […]
Chana up on NCDEX on short covering on 4-week low.
Futures contracts of chana were up on NCDEX due to as traders covered their short positions after prices hit a four-week low of 3,988 rupees per 100 kg in early trade. The most active November contract […]
India Maize market steady on subdued demand.
Price of maize in key wholesale markets of Purnea and Davangere were steady. In Purnea, the key market for maize in Bihar, the coarse grain was sold at around 1,400 rupees per 100 kg, steady from […]
India Wheat a tad up in Delhi on pick-up in demand.
Prices of wheat rose marginally in the domestic markets while those of maize were largely unchanged. Price of wheat in key wholesale market of Delhi edged higher due to a pick-up in demand from millers.
Paris wheat hits six-week high, then falls back.
Paris wheat futures fell in the face of technical resistance after earlier hitting a six-week high, with weak near-term export demand for EU wheat capping prices. December milling wheat on the Paris-based Euronext exchange was down […]
India Soybean ends over 1% higher on weak supply.
The November contract of soybean settled 1.4% higher on National Commodity and Derivatives Exchange due to subdued arrivals in the wholesale markets. Arrivals of soybean in the country were estimated at 500,000 bags (1 bag = […]
India NCDEX maize up on good demand.
Futures contracts of maize on the NCDEX ended higher due to improved buying from poultry sector and less availability of good quality stock in wholesale markets. November delivery industrial maize contract on the NCDEX ended at […]