Futures contracts of soybean on NCDEX were marginally up tracking the key soybean contract on CBOT. The most-active December delivery soybean contract on the NCDEX was trading at 3,950 rupees per 100 kg, 6 rupees higher […]
Prices of maize fell
Prices of maize fell across key spot markets due to weak demand from poultry feed manufacturers and rising arrivals in major producing parts of Telangana, Andhra Pradesh, and Karnataka. In a month, prices in Nizamabad may […]
NCDEX soybean falls on profit booking
Futures contracts of soybean on NCDEX fell because of mild profit booking. The most-active December contract was 0.2% lower at 3,983 rupees per 100 kg. Prices of the oilseed also fell as arrivals of the fresh […]
Maize prices fell sharply in Nizamabad due to weak demand
Maize prices fell sharply in Nizamabad due to weak demand for the new crop on quality concerns. The new crop was sold at 1,580 rupees per 100 kg, down 350 rupees from the previous close, as […]
Government procures 3,832 tn 2019-20 kharif soybean in Telangana
The government had procured 3,832 tn of soybean harvested in the 2019-20 (Jul-Jun) kharif season from farmers in Telangana at the minimum support price. Soybean procurement is being carried out in four districts in Telangana under […]
Decline in arrivals of fresh crop supports prices of maize
A decline in arrivals of fresh crop supported prices of maize across key spot markets. However, weak demand from flour millers capped the rise in prices. Demand for fresh kharif maize crop is likely to remain […]
Soybean prices up in Indore on demand from stockists
Prices of soybean in the benchmark market of Indore rose due to firm demand from stockists. Stockists are building inventory because of a likely fall in output this season due to concerns of crop damage in […]
Prices of maize at key spot markets fell
A rise in arrivals across key spot markets weighed on prices of maize. Subdued demand from bulk buyers also led to a decline in prices. Demand for fresh kharif maize crop is likely to remain weak […]
Soybean prices up in Indore on demand from stockists
Prices of soybean in the benchmark market of Indore rose due to firm demand from stockists. Stockists are building inventory because of a likely fall in output this season due to concerns of crop damage in […]
Prices of maize at key spot markets fell
A rise in arrivals across key spot markets weighed on prices of maize. Subdued demand from bulk buyers also led to a decline in prices. Demand for fresh kharif maize crop is likely to remain weak […]
Soybean up in Indore on firm demand from crushers
Prices of soybean in Indore, the benchmark market, rose due to firm demand from crushers. In Indore, good quality soybean was quoted at 3,800 rupees per 100 kg, up nearly 100 rupees from Friday despite a […]
Maize prices across major markets fell
Maize prices across major markets fell due to a decline in demand and a rise in supply. Demand remained weak as bulk buyers are not purchasing the crop with higher moisture content. Arrivals were pegged at […]
NCDEX Nov soybean hits 2-week high on fresh buying
The November contract of soybean hit a two-week high of 3,769 rupees per 100 kg on the NCDEX due to fresh buying by millers on the back of a rise in meal demand. A rise in […]
Maize down on low demand
Maize prices across major markets continued to fall due to a decline in demand from the poultry feed makers and starch manufacturers. Bulk buyers are not picking up stocks in large quantities due to sharply higher […]
Refined soya oil prices fell
Soybean prices rose by Rs 10 to Rs 3,700 per quintal in futures trade on Tuesday as traders created fresh positions supported by a strong spot demand. On the National Commodity and Derivatives Exchange, soybean for […]
Prices of maize unchanged in most markets
The price of maize in Nizamabad, a major market in Telangana, remained unchanged due to low demand from the feed industry at higher prices. In Davangere, a key market in Karnataka, maize prices were unchanged as […]
Refined soya oil prices fell
Refined soya oil prices fell by 85 paise to Rs 754 per 10 kg in futures trade on Monday as speculators reduced holdings amid subdued demand at the spot market. On the National Commodity and Derivatives […]
Prices of maize unchanged in most markets
The price of maize in Nizamabad, a major market in Telangana, was unchanged due to sluggish demand from the feed industry at higher prices. Producers and stockists are rapidly trying to clear old stock as the […]
Prices of maize in Davanagere, were steady
The price of maize in Davanagere, a key market in Karnataka, was largely stable as bullish sentiment due to lower stocks was offset by subdued demand from the feed industry. In Purnea, Bihar, prices of maize […]
SOPA pegs India 2019-20 soybean output at 8.99 mln tn, down 18%
Soybean production in the country is estimated at 8.99 mln tn in 2019-20 (Jul-Jun), down 18% from last year owing to yield loss in key growing regions following heavy rains, Soybean Processors Association of India said […]