Australia’s January chickpea exports at 62,781 tonnes dropped 22 per cent from the revised December total of 80,161 tonnes. The drop reflects the impact of the tariff imposed by India in December, which saw January sales to that market total 675 tonnes, down from 21,000 tonnes in December and 185672 tonnes in november.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
Coriander up in Kota on firm demand, low output view
Prices of coriander rose in Kota, Rajasthan because of higher domestic demand amid expectations of a decline in production in the current year. Demand for the well-dried spice is rising as the heat is helping the moisture subside.
Canadian wheat bids track U.S. futures lower.
Canadian wheat bids track U.S. futures lower.
Maharashtra begins online farmer registrations to buy chana at MSP
The Maharashtra government has started online registration of farmers for the purchase of chana at the minimum support price (MSP). Chana prices have been sluggish and hovering between Rs 3,300 per quintal and Rs 3,500 per quintal in the market, while the MSP has been fixed at Rs 4,250 per quintal with a bonus of Rs 150 per quintal taking the total price to Rs 4,400 per quintal. The government has set up around 185 procurement centres in the state. The Centre has decided to procure some 3 lakh tonne chana under the Price Stabilistation Scheme ( PSS) from the state and begun the online registration process for farmers from last week onwards. Chana procurement is expected to continue till May 29.
Russian corn exports fell 22% YOY.
Russian corn exports fell 22% YOY.
Tur prices down in Kalaburagi over selling pressure
Tur prices fell in Kalaburagi due to selling pressure ahead of Gudi Padwa and Ugadi festivals. Farmers are also selling off their produce because the financial year is coming to an end.
Ukraine corn prices push past feed wheat to 12.5% parity.
Ukraine corn prices push past feed wheat to 12.5% parity.
India sugar spot prices down on low bulk demand, selling pressure.
India sugar spot prices down on low bulk demand, selling pressure.
Sugar mills hit as excess production trips supply balance.
Sugar mills hit as excess production trips supply balance.
Copersucar sees Brazil cutting sugar output by 5 MMT.
Copersucar sees Brazil cutting sugar output by 5 MMT.
Brazil center-south sugarcane crush Is 1.78% down from last year.
Brazil center-south sugarcane crush Is 1.78% down from last year.
Federation of Tamil Nadu Rice Mill exempt rice from GST and market cess.
Federation of Tamil Nadu Rice Mill exempt rice from GST and market cess.
Arrival of new mustard in Mandi started in Sirsa, Haryana
As temperatures rise in the season, the crops of mustard crop are ready. Farmers have started harvesting mustard crops. Mustard seeds have been planted in 50 thousand hectares of mustard in the district. Due to the favorable weather conditions, high production of mustard is expected. The arrival of new mustard in Anaj Mandi also started.
Andhra Pradesh paddy farmers face hurdles due to shortage of Paddy Procurement Centres.
Andhra Pradesh paddy farmers face hurdles due to shortage of Paddy Procurement Centres.
Soybeans firm, rebound from two-week low on fears for Chinese demand
Soybean futures edged higher, rebounding from a more than two-week low touched earlier in the session, though gains were capped by fears of a potential fall in demand for North American supplies by China as a trade war escalates. The most active soybean futures on the Chicago Board Of Trade were up 0.1 percent to $10.40-1/2 a bushel.
USDA ups global rice output estimate to record high of 486.3 MMT.
USDA ups global rice output estimate to record high of 486.3 MMT.
States roll out schemes even as Modi government pan-India plan to ensure MSP
At least five state governments are rolling out innovative schemes to help farmers realise remunerative returns, even as the Centre has started working on a plan to ensure that farmers get minimum support prices for their produce, whether or not the items are procured by the designated agencies.
Jharkhand procures 1.47 lakh MT paddy in three months.
Jharkhand procures 1.47 lakh MT paddy in three months.
Iraq seeks wheat of U.S., Canadian or Australian origin.
Iraq seeks wheat of U.S., Canadian or Australian origin.