According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 3 percent to 8,333 thousand hectares as against 8,097 thousand hectares sowed during the same period last year. Madhya Pradesh […]
India’s Sugar Dilemma: Rising Prices, Export Concerns, and Festive Season Demand
The country’s annual consumption of the sweetener is about 27 million tonne. Sugar prices rose to a six-year high, amid concerns over a deficient monsoon, but the government has maintained that there are sufficient stocks to […]
CBOT Soybean Price rises high as compared to Corn Preceding the 2024 season
The historical highs in Chicago soybean prices relative to corn ahead of the 2024 season are a reflection of evolving market dynamics, including strong global demand for soybeans and changing trade relationships. This shift suggests that […]
Weak Supply Side of Indian Tur, Mozambique likely to impose Minimum Export Price
Mozambique, a major producer of tur in East Africa is trying to impose a minimum export price (MEP) on tur exports. The African nation is likely to witness, new crops in the coming days. According to […]
Russia halts landmark deal that allowed Ukraine to export grain at time of growing hunger
On July 17, Russia declared a halt to a ground-breaking wartime agreement that permitted grain to travel from Ukraine to regions in Africa, the Middle East, and Asia where hunger is a growing danger and high […]
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 […]
India Spot maize up on better buys.
In Davangere, Karnataka, prices of the coarse grain rose by 50 rupees to 1,700 rupees per 100 kg. Strong demand from poultry and feed industry for good-quality crop, while arrivals declined, supported prices. Arrivals of maize […]
India Spot wheat down on high arrivals.
Prices of wheat fell in key spot markets due to higher arrivals and subdued demand. In Kota, Rajasthan, the mill-quality wheat was sold at 1,950-2,000 rupees per 100 kg, down 20-25 rupees. Arrivals in Kota doubled […]
Brazil Soy Planting 82% Complete – which is up 11% for the week and continues to be a record fast planting pace.
The weather in Brazil remains favorable for planting and crop development. The forecast is calling for heavier rainfall in eastern and northeastern Brazil, which may delay the last soybean planting in the region, but barring some […]
2018-19 Argentina Soybeans 22% Planted
The weather thus far in Argentina during the spring planting has been erratic. It started off dryer than normal with late season frosts and then earlier last week, some areas of central Argentina received 8-12 inches […]
India Spot wheat prices rise on limited supply, acreage fall.
Price of wheat in key wholesale markets of Delhi and Indore rose slightly due to limited supply in spot markets and lower sowing. In Delhi, price of mill quality wheat was 2,050-2,060 rupees per 100 kg, […]
Jaipur barley up as demand from feed sector rises.
Price of barley rose in Jaipur owing to improved demand from poultry feed sector and domestic stockists. In Jaipur, the benchmark market, the coarse grain was sold for 1,850 rupees per 100 kg, up 10 rupees. […]
Prices of soybean in Indore edged higher due to a steep fall in arrivals.
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 = […]