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.

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.

Russia soybean oil production shows steady growth
Ram Gopal Yadav (8 years ago)

In January of the 2017/18 season, Russia crushed a record large monthly volume of soybeans as for this period of a season. Despite that fact, in January soybean oil production decreased 32.7% compared to the previous month and equaled 55.5 KMT. The crushing volume grew by 7.4% compared to January 2017 (51.7 MMT). During the five months of the 2017/18 season (September-January), the soybean oil production rose to record high 308.7 KMT, that was 8.2% more compared to the same period last season.

India Feb mustard crushing 15% higher on month as arrivals pick pace
Ram Gopal Yadav (8 years ago)

Oil mills across the country crushed 375,000 tn of mustard seed in February, up 15% on month. In January, mills had crushed 325,000 tn of the oilseed. Mills increased crushing in February after new crop arrivals in key markets gathered pace as the harvest progressed. New crop mustard arrivals begin in February and gain momentum in March. Till May, arrivals are in full swing and start dwindling June onwards.