Ukrainian soybean meal exports increased by almost 30%
Ram Gopal Yadav (8 years ago)

A total 137.4 KMT of soybean meal was shipped abroad in September-January 2017/18 that is up 28.5% on the year. January exports were higher than last year – 32.8 KMT compared to 22.3 KMT. In September-January 2017/18, the bulk of Ukrainian soybean meal exports went to Belarus and the European Union: 33% and 31%, respectively.

Australia body sees India chana import tax temporary
Ram Gopal Yadav (8 years ago)

Farmers in Australia have been asked to continue with the sowing of chana, despite fears that India, the largest market for the commodity, may increase its import duty to 100%, as experts think the import hike might be temporary. India recently increased its import duty on chana to 60% from 40%. The tariffs were first imposed in December and raised further last month. Expects the tariffs to be revoked after general election in India in April next year.

Australia’s Jan chana export seen down 22% on month.
Ram Gopal Yadav (8 years ago)

Australia’s chana exports in January are estimated at 62,781 tn, down 22% on month. The fall in exports is attributed to lower imports by India, the biggest market for Australian chana. In January, India imported a total of 675 tn of the commodity, down from 21,000 tn in December.

NCDEX coriander hits 2-month low as arrivals seen up
Ram Gopal Yadav (8 years ago)

Futures contracts of coriander on NCDEX hit an over two-month low of 5,222 rupees per 100 kg because arrivals of the spice are seen rising from major producing states such as Rajasthan, Madhya Pradesh and Gujarat in coming days. The most-active April contract of coriander on NCDEX traded down 2.2%.

NCDEX barley up on improved demand from feed sector
Ram Gopal Yadav (8 years ago)

Futures contracts of barley on the NCDEX rose due to improved demand from the poultry feed industry. On NCDEX, the most active April contract was up 0.57%. A rise in prices of barley at the spot market in Jaipur, the benchmark market, also supported prices on the bourse.

Trade body survey sees 2017-18 mustard crop up at 7.2 mln tn
Ram Gopal Yadav (8 years ago)

Production of mustard in India in 2017-18 (Jul-Jun) is estimated at 7.2 mln tn, up from 6.9 mln tn the previous year. The expected growth in production is because the yield in key growing areas across the country is seen higher on year due to favourable weather conditions. the average yield in 2017-18 is pegged at 1,100 kg per ha, up from 1,025 kg a ha the previous year. The expected rise in is despite lower acreage. The area under the oilseed across the country is at 6.4 mln ha against 7.1 mln ha a year ago.

Canadian Pulse exports down, grain and oilseeds up
Ram Gopal Yadav (8 years ago)

Exports of Canadian peas were down by nearly a million tonnes between Aug. 1, 2017, and Jan. 31, 2018, compared to the same period last year. Total pea exports during the first six months of 2017-18 were listed at 1.037 million tonnes, down 49 percent from 2.022 million tonnes last year. Year-to-date lentil exports were down almost 78 percent at 130,000 tonnes as of Jan. 31, compared to 578,000 tonnes a year earlier. Lentil exports to India as of Jan. 31 were listed at a meager 57,000 tonnes, compared to 312,000 tonnes last year. Lentil exports to Turkey were also down sharply at 38,000 tonnes compared to 127,000 last year. Sales to Bangladesh were listed at zero compared to 86,000 tonnes in 2016-17.

Coriander prices up in Kota on firm domestic demand
Ram Gopal Yadav (8 years ago)

Prices of coriander rose in Kota, Rajasthan, due to firm demand from stockists for crop containing lower moisture quantity. Arrivals are likely to increase in Madhya Pradesh and Gujarat as harvesting will gather pace in coming days. The most active April contract of coriander on the NCDEX ended 4 rupees higher.