Prices of maize fell across key spot markets today due to a decline in demand from bulk buyers and stockists. Demand was subdued over the past few weeks due to a sharp rise in prices. Demand […]
Indore soybean prices up
Soyabean on NCDEX settled up 1.64% at 3652 on short-covering tracking firmness in overseas prices after prices remained under pressure tracking monsoon revival, good supplies and lower demand for soy meal exports. As per farm ministry, […]
Maize down on low demand
Prices of maize fell across key spot markets today due to a decline in demand from bulk buyers and stockists. Demand was subdued over the past few weeks due to a sharp rise in prices. Demand […]
Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained largely steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, ended flat on spot cues, traders said. The most active August contract […]
Corn futures ended the session with front months fractionally lower with deferred contracts firm. September was up 2.69% this week. Traders were working to square up positions prior to Monday’s UDSA reports. Friday afternoon’s Commitment of Traders report indicated spec funds holding a net long position of 79,507 contracts in corn futures and options. They trimmed that net position by 32,445 contracts as of Tuesday. After the close, the EPA announced they granted small refinery exemptions to 31 of the 38 refineries that applies. As of August 1, US total corn export commitments are just 94% of the USDA projected total, with the 5-year average at 104%. Ahead of Monday’s USDA report, analysts are looking for old crop world ending corn stocks to be up ~1.09 MMT to 329.84 MMT. New crop estimates are running 290.09 MMT, which would be an 8.93 MMT drop from the July report. Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained largely steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, ended flat on spot cues, traders said. The most active August contract […]
Indore soybean prices unch as demand remains weak
Prices of soybean in the benchmark market of Indore, Madhya Pradesh, were largely unchanged today due to subdued demand from the crushing plants. Soybean prices, in Indore, were steady at 3,500 rupees per 100 kg and […]
Maize prices steady
Prices of maize across key spot markets remained steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX, too, were steady on spot cues. The most active August contract ended steady at […]
Maize prices steady
Maize, prices across key spot markets were steady amid weak demand from bulk buyers and low arrivals. Maize futures on NCDEX fell due to an anticipated decline in demand in the coming days. The most active […]
SOPA sees India 2019-20 soybean acreage slightly up at 10.82 mln ha
Soybean contracts settled higher on NCDEX today due to improved demand in spot markets and poor arrival following lean season, analysts said. Gains in the bellwether contracts on the Chicago Board of Trade also pushed up […]
Maize prices steady
Maize, prices across key spot markets were steady as demand from bulk buyers fell amid a decline in arrivals. Demand from bulk buyers fell as they have reduced buying at higher prices. Maize futures on the […]
SOPA sees India 2019-20 soybean acreage slightly up at 10.82 mln ha
India’s soybean acreage is seen marginally higher at 10.82 mln ha, despite delay in monsoon rains in key growing areas, according to Soybean Processors Association of India’s first crop survey for the 2019-20 (Jul-Jun) sowing season. […]
Maize, prices across key spot markets fell
Maize, prices across key spot markets fell marginally as demand from bulk buyers fell at higher prices. The decline was limited due to a fall in arrivals. Maize futures on the NCDEX, however, rose as market […]
India’s 2018-19 soybean imports set to cross last year’s level
India’s 2018-19 (Oct-Sep) soybean imports have already touched last year’s level of 150,000 tn and some more shipments are likely soon due to a rise in domestic consumption and cheaper global prices, industry players said. “Soybean […]
Spot maize prices flat on weak demand, low arrivals
Prices of maize remained steady across key spot markets as bulk demand weakened and arrivals declined. Demand remained subdued as bulk buyers reduced their purchases at elevated prices. In Nizamabad, maize was sold at 2,430-2,450 rupees […]
India Edible Oil: Decline; soybean settles lower tracking CBOT
Futures contracts of all components of the edible oil basket on the domestic exchanges traded lower. Extending weakness from the previous session, soybean contracts on National Commodity and Derivatives Exchange settled 0.3% lower today in line […]
Spot maize prices steady on weak demand, low supply
Maize prices across key spot markets remained steady as demand from bulk buyers fell, amid a decline in arrivals. In Nizambad, maize was sold at 2,430-2,450 rupees per 100 kg, unchanged. Maize futures on NCDEX were […]
India Edible Oil:Soybean down on supportive weather in central India
Futures contracts of most components of the edible oil basket, barring crude palm oil, ended down on the domestic exchanges. Soybean contracts closed 0.3% lower on the National Commodity and Derivatives Exchange as weather conditions for […]
Spot maize prices steady on low arrivals, weak buys
Prices of maize across spot markets remained steady due to a fall in demand amid gradually declining arrivals. In Nizambad, maize was sold at 2,430-2,450 rupees per 100 kg, unchanged. On NCDEX, however, the September contract […]