Argentina farmers sell 16% of 2017/18 bean crop forward

Soybean farmers in Argentina have sold forward 8.2 million mt of the current soybean harvest out of a possible 52 million mt. Argentina’s exports are expected to be 8.5 million mt. That is expected to result in a sub-50 million mt crop – a concern that could see exporters hold fire for several more weeks

Barley prices down in Jaipur after 2-week high.

Prices of barley fell in Jaipur, Rajasthan, because of subdued demand from domestic stockists after prices hit a two-week high. In Jaipur, the benchmark market for barley, prices were at 1,450 rupees per 100 kg, down 30 rupees. Subdued demand from malt manufacturing companies following concern about the quality of domestic stocks also weighed on prices