India rice basmati strengthens on increased offtake.
India to resume Basmati rice export to Iran.
India to resume Basmati rice export to Iran.
Indonesia’s Bulog allowed to import rice from 6 countries.
Indonesia’s Bulog allowed to import rice from 6 countries.
Cambodia’s premium rice gets certified.
Cambodia’s premium rice gets certified.
India asks Germany to help relax new EU rice import rule.
India asks Germany to help relax new EU rice import rule.
Indonesia can only import 346,000 tons of rice.
Indonesia can only import 346,000 tons of rice.
Zambia drought could slash 2018 maize output by around 50%.
Zambia drought could slash 2018 maize output by around 50%.
Telangana extends maize procurement till 25 Jan; buys 292,400 tn so far.
Telangana extends maize procurement till 25 Jan; buys 292,400 tn so far.
US corn inspected for export up 13.6% on week, down 32.2% on year
US corn inspected for export up 13.6% on week, down 32.2% on year
India Edible Oil Extend gains, soybean hits high
The futures contracts of all components of the edible oil basket rose on the domestic exchanges. The most active February contract of soybean on the NCDEX hit an over 17-month high of 3,589 rupees per 100 kg today, taking cues from spot markets where prices were up due to higher demand from oil millers. The supply of the oilseed is expected to fall in the coming days which is seen supporting the prices
CBOT wheat up nearly 1% on bargain buying.
CBOT wheat up nearly 1% on bargain buying.
Mustard up in Jaipur on rise in demand for meal
Prices of mustard seed were up at Jaipur in Rajasthan due to demand from crushers. There is good demand for the oilseed for mustard meal. Gains in soybean prices were also seen supporting mustard prices. The most active April futures of mustard seed on the NCDEX are up 0.7% at 4,102 rupees
Wheat prices fall in Delhi as harvest season nears.
Wheat prices fall in Delhi as harvest season nears.
New mustard crop arrivals start in Kota; prices down on weak demand
Arrivals of mustard seed from the new crop have commenced in the key market of Kota in Rajasthan, but low demand for the commodity weighed on prices. Prices of the oilseed were down compared to last year, due to lacklustre demand from domestic oil millers and crushers. The new arrivals, which contain 18-20% moisture.
Decline in wheat production will not affect food prices
Decline in wheat production will not affect food prices
Malaysia CPO ends higher tracking CBOT soyoil
Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended higher today tracking soyoil contracts on CBOT. The most active April contract of crude palm oil on the Malaysian bourse settled at 2,493 ringgits (40,509.63 rupees) per tn, up 0.7% from the previous close.
Ajooni Biotech’s cotton seed cake unit to start production on Feb 1.
Ajooni Biotech’s cotton seed cake unit to start production on Feb 1.
Punjab govt signs MoU for paddy straw utilization.
Punjab govt signs MoU for paddy straw utilization.
IGC cuts India FY18 wheat import view to 2.8 mln tn.
IGC cuts India FY18 wheat import view to 2.8 mln tn.
IGC says India may be a larger importer of wheat in 2018-19.
IGC says India may be a larger importer of wheat in 2018-19.
