FAO ups 2017-18 world wheat output view by 2.8 MMT to 757.6 MMT.
India spot wheat prices down as harvest approaches.
India spot wheat prices down as harvest approaches.
Banning of maize exports costs Zambia 270 mln USD in 2016/2017.
Banning of maize exports costs Zambia 270 mln USD in 2016/2017.
COFCO official sees India rabi maize crop at 6 MMT, up 0.5 MMT.
COFCO official sees India rabi maize crop at 6 MMT, up 0.5 MMT.
Corn set to edge out sorghum as China signals subsidy probe.
Corn set to edge out sorghum as China signals subsidy probe.
Prices of home-grown rice significantly fall in Iran.
Prices of home-grown rice significantly fall in Iran.
Egypt’s GASC sets new wheat terms after dispute over fees
Egypt’s GASC sets new wheat terms after dispute over fees
Distress sale of maize in Narangpur (Odisha); farmers hit hard.
Distress sale of maize in Narangpur (Odisha); farmers hit hard.
US corn exporters seize window of opportunity on dollar, feed momentum.
US corn exporters seize window of opportunity on dollar, feed momentum.
NCDEX coriander down on high imports, low demand
Futures contracts of coriander fell marginally on the NCDEX due to a rise in imports of the spice and subdued demand for the new crop because of higher moisture content. The most-active April contract of coriander was down 0.6%.
NCDEX soybean hits 2-week low on subdued demand
Futures contracts of soybean hit a two-week low of 3,539 rupees per 100 kg due to subdued demand from oil millers. The most-active February contract was down 1.5% from the previous close. In the past few days, soybean prices rose more than that expected in the spot market and therefore, now there is some selling pressure. Weakness in the soybean contracts on the CBOT is also seen weighing on prices.
Malaysia CPO rises on bargain buys post 2-week low
The April futures contract of crude palm oil on the Bursa Malaysia Derivatives ended over 1% higher due to bargain buying after prices hit a two-week low of 2,445 ringgits per tn earlier. The most-active April contract of crude palm oil on the Malaysian bourse settled at 2,493 ringgits (40,955.24 rupees) per tn, up 1.1% from the previous close. Gains in soyoil contracts on CBOT also supported crude palm oil prices on the Malaysian bourse.
Soybeans down with forecasts of rains in Argentina
Soybeans down with forecasts of rains in Argentina’s parched farming areas putting pressure on prices. Argentina drought reduces 3 MMT of soybean output estimate.
EU wheat firm as Egypt, Saudi tenders bring export glimmer.
EU wheat firm as Egypt, Saudi tenders bring export glimmer.
U.S. wheat falls 1% to hit low as snow blankets U.S. Midwest.
U.S. wheat falls 1% to hit low as snow blankets U.S. Midwest.
Russia export prices for wheat continued rising last week.
Russia export prices for wheat continued rising last week.
Pakistan sold 300,000 tonne of wheat for export.
Pakistan sold 300,000 tonne of wheat for export.
Wheat futures maintain downtrend on low demand.
Wheat futures maintain downtrend on low demand.
New Saudi Arabia wheat tender looks to gain from falling futures.
New Saudi Arabia wheat tender looks to gain from falling futures.
US ethanol consumption picks up as stocks dip, production eases.
US ethanol consumption picks up as stocks dip, production eases.