Turkey stepped up Ukrainian barley imports by 26%

Ukrainian exporters supplied 4.01 MMT of barley to foreign markets in the first eight months of the current marketing year that is 14% less than at the same time last season (4.67 MMT in July-February 2016/17). February barley exports were 53% less than in the previous month and down 67% on the year (201.9 KMT was shipped abroad in February 2017). The top importers of Ukrainian barley included Saudi Arabia, China, the European Union and Libya. The share of Turkey continues growing. Ukraine supplied over 167 KMT of barley to this market at the time, i.e. 26% more than for the entire last season.

Chana up in Delhi on demand from dal millers

Prices of chana were up in Delhi because of demand from dal millers and procurement of the pulse by the government in Madhya Pradesh. Bulk buying by the stockists at lower rates is seen supporting prices. The most active April futures of chana on the NCDEX were up 1%.

NCDEX soybean at 1-mo high tracking CBOT

Futures contracts of soybean on NCDEX rose around 3% and hit a one-month high of 3,880 rupees per 100 kg, tracking gains in parent contracts on CBOT. Soybean contracts on CBOT rose over 1% on expectation of lower acreage under the crop in coming season. Prices of the oilseed were also up in the benchmark market of Indore, Madhya Pradesh.

Fall in arrival lifts mustard seed prices in Jaipur

Prices of mustard seed rose in Jaipur due to a fall in arrivals coupled with improved demand from domestic stockists and oil millers. Supply of the commodity fell as farmers withheld their produce on expectations of a further rise in prices in the coming days.