Futures contracts of coriander fell over 1% on NCDEX as investors booked profits. The most-active April contract of coriander on NCDEX was at 5,875 rupees per 100 kg, down 1.2% from the previous close. Prices of coriander are likely to remain steady for the next two weeks as traders are reluctant to purchase the new crop that has high moisture.
India rice basmati weakens on subdued demand.
India rice basmati weakens on subdued demand.
Russia, Argentina and Canada displace US, Europe in global wheat trade.
Russia, Argentina and Canada displace US, Europe in global wheat trade.
Russia eyes flour mill expansion to absorb wheat crop.
Russia eyes flour mill expansion to absorb wheat crop.
South Dakota winter wheat faring well but moisture short.
South Dakota winter wheat faring well but moisture short.
Japan to import 25,160 tonnes feed wheat via tender.
Japan to import 25,160 tonnes feed wheat via tender.
NCDEX soybean up on supply worries, short covering
Futures contracts of soybean rose on the NCDEX on concerns over a likely fall in arrivals in the coming days. The most active February contract was up 29 rupees. Talks of a hike in duty on the edible oil are also seen lifting prices.
India basmati shipments may rise as Iran recommences rice imports.
India basmati shipments may rise as Iran recommences rice imports.
NCDEX coriander hits 3% upper cap on bargain buying
Futures contracts of coriander on NCDEX hit the 3% initial upper circuit because investors bought the commodity after prices fell to a one-week low. The most-active April contract of coriander on NCDEX traded at 5,914 rupees per 100 kg, up 2.7% from the previous close. Expectation of lower production in 2017-18 (Oct-Sep) as farmers shifted from coriander to jeera following attractive prices of the latter last year, also supported coriander futures.
International Rice Research Institute completes genome sequencing of 7 wild rice varieties.
International Rice Research Institute completes genome sequencing of 7 wild rice varieties.
CBOT corn prices gained 2% supported by weather and currency factors.
CBOT corn prices gained 2% supported by weather and currency factors.
China to cut 2018 rice acreage by 2.2% amid bulging stocks
China to cut 2018 rice acreage by 2.2% amid bulging stocks
Zimbabwe govt assures nation of adequate maize amid drought fears.
Zimbabwe govt assures nation of adequate maize amid drought fears.
ICE reverts cotton price limit to 3 cents/pound
ICE reverts cotton price limit to 3 cents/pound
Turkey switches from corn to cotton.
Turkey switches from corn to cotton.
NCDEX cotton oilcake up on short covering; spot unchanged.
NCDEX cotton oilcake up on short covering; spot unchanged.
US corn inspected for export up 37.5% on week, down 6.5% on year.
US corn inspected for export up 37.5% on week, down 6.5% on year.
India coffee exports during Jan 1 – Jan 29.
India coffee exports during Jan 1 – Jan 29.
Argentine drought hurts corn yields, more area cuts possible.
Argentine drought hurts corn yields, more area cuts possible.
NCDEX wheat falls near 1% on concerns of oversupply.
NCDEX wheat falls near 1% on concerns of oversupply.
