Wheat imports by the Philippines will resume growth next season, hitting their highest on record, offering an early fillip to exporters from the US.USDA in their first forecasts for Philippines grain supply and demand in 2018-19, pegged wheat imports at 5.75m tonnes.
Odisha imports wheat, cereals to meet needs
Odisha has been importing wheat, cereals, edible oils and potato from other States for long to meet people’s day-to-day needs. Odisha imported 5.12 lakh MT of wheat against annual need of 5.19 lakh MT and 64.48 lakh metric tonne of cereals against annual need of 73.46 lakh MT in 2017-18. Similarly, it imported 0.17 lakh metric tonne of edible oil and 9.51 lakh metric tonne of potato against annual needs of 2.45 lakh MT and 12.53 lakh metric tonne respectively. The Minister informed that Odisha imports wheat mostly from Uttar Pradesh, Madhya Pradesh and Bihar and pulses from Maharashtra and Chhattisgarh. Similarly, edible oil is procured from Rajasthan, Gujarat, Andhra Pradesh and Uttar Pradesh.
Romania winter wheat condition is good and excellent in the south.
Romania winter wheat condition is good and excellent in the south.
India govt scraps export duty on sugar to trim surplus, lift prices.
India govt scraps export duty on sugar to trim surplus, lift prices.
Jaipur mustard seed up on bargain buys post 2-mo low
Prices of mustard seed were up in the benchmark Jaipur market due to bargain buying after price hit a two-month low. A fall in the arrivals of oilseed coupled with renewed demand from oil millers and crushers supported mustard seed prices.
Uttar Pradesh sugar industry seeks cane price rationalisation.
Uttar Pradesh sugar industry seeks cane price rationalisation.
India Edible Oil: Mixed; soybean gains on CBOT cues, CPO down
Futures contracts of components of the edible oil complex traded on a mixed note on domestic exchanges. While, soybean and mustard ticked higher, crude palm oil and refined soyoil drifted lower.The most-active April soybean contract on the NCDEX traded nearly 1% higher, tracking key contracts on the Cbot.
Uttar Pradesh raises 2017-18 sugar output estimate to 10.8 MMT.
Uttar Pradesh raises 2017-18 sugar output estimate to 10.8 MMT.
Tur prices flat in Akola as supply, demand steady
Prices of tur were steady in the benchmark market of Akola, as supplies were sufficient to meet demand. In Akola, Maharashtra, prices of tur were unchanged.
India maize futures gain on spot sentiment on 20 March.
India maize futures gain on spot sentiment on 20 March.
Chana down in Bikaner as arrivals of new crop begin
Prices of chana in the key market of Bikaner, Rajasthan, fell as arrivals of the new crop commenced in the region. In Delhi, the benchmark market, prices of chana were unchanged.
NCDEX coriander down as new crop supply seen rising
Coriander futures on NCDEX were down as supply of the new crop from major producing centres such as Rajasthan, Madhya Pradesh and Gujarat is expected to rise further in coming days. The most active April contract of coriander on NCDEX traded Harvesting will continue for 15 more days which may lead to higher supply, Whatever is coming to the market is bought by cold storagesdown 0.3% from the previous close.
US soybean acreage reported at 90.5 million acres. U.S. to Export Less as Brazil Fills The Gap
China expects the country to import 100 MMT of soybeans during 18/19.
India basmati rice exports to grow strong in FY2018.
India basmati rice exports to grow strong in FY2018.
Indonesia’s Bulog extends timeframe for importing 500,000 tonne of rice.
Indonesia’s Bulog extends timeframe for importing 500,000 tonne of rice.
Pakistan to export 100 tons hybrid rice seeds for first time in April.
Pakistan to export 100 tons hybrid rice seeds for first time in April.
Wheat imports rising in the Philippines.
Wheat imports rising in the Philippines.
Madhya Pradesh official says govt to deliver on wheat bonus promise.
Madhya Pradesh official says govt to deliver on wheat bonus promise.
Wheat production likely to hit 100 million tonnes target this year, says govt sources.
Wheat production likely to hit 100 million tonnes target this year, says govt sources.