Odisha govt suspended kharif procurement supply of paddy to 81 millers.
Farmers hail water release, slam MSP for paddy in Tamilnadu.
Farmers hail water release, slam MSP for paddy in Tamilnadu.
China regained the second position among importers of Ukrainian corn.
China regained the second position among importers of Ukrainian corn.
MCX CPO futures down on Bursa Malaysia cues.
Futures contracts of crude palm oil on the MCX were down, tracking benchmark contracts on the Bursa Malaysia Derivatives. The most-active January contract on the domestic bourse was at 562.7 rupees per 10 kg, down 0.3% from the previous close. Prices on the Malaysian bourse fell today due to a strong ringgit against the US dollar and expectations of a month-on-month rise in Malaysia’s palm oil stocks in December. Investors now await Malaysian Palm Oil Board’s data on palm oil output, exports, and inventory for December.
NCDEX coriander down on higher arrivals, weak demand
Futures contracts of coriander on the NCDEX fell as arrivals increased in the spot markets. The April contract of coriander on the NCDEX was down 0.3%. Demand for the spice remained sluggish as stockists await new crop arrivals.
Wheat falls but losses checked as adverse U.S. weather threatens crops.
Wheat falls but losses checked as adverse U.S. weather threatens crops.
India wheat edge up on increased offtake.
India wheat edge up on increased offtake.
CBOT wheat hits on weather worries.
CBOT wheat hits on weather worries.
Haryana and Punjab paddy farmers to get Rs 500 crore solution for stubble burning hazard.
Haryana and Punjab paddy farmers to get Rs 500 crore solution for stubble burning hazard.
Centre says no to paddy MSP hike for Odisha farmers.
Centre says no to paddy MSP hike for Odisha farmers.
Telangana govt buys 260,000 tn maize in 2017-18 marketing yr so far.
Telangana govt buys 260,000 tn maize in 2017-18 marketing yr so far.
Odisha paddy procurement to cross 7 MMT.
Odisha paddy procurement to cross 7 MMT.
EU wheat starts year with new low as euro maintains export gloom.
EU wheat starts year with new low as euro maintains export gloom.
Wheat rises a second day as cold weather threatens U.S. crops.
Wheat rises a second day as cold weather threatens U.S. crops.
Wheat prices up in Kota on firm demand from millers.
Wheat prices up in Kota on firm demand from millers.
Madhya Pradesh wheat harvest may fall 10% as rains play truant.
Madhya Pradesh wheat harvest may fall 10% as rains play truant.
India coffee exports during Jan 1 – Dec 29.
India coffee exports during Jan 1 – Dec 29.
India Dec mustard crushing falls 10.5% on month as arrivals fade
Crushing of mustard by oil mills across the country fell 10.5% on month to 425,000 tn in December. After a three-month consecutive rise, crushing declined in December as arrivals in key markets fell. A crucial rabi oilseed crop, mustard is sown during Sep-Oct and harvested from late January. Supply of the new mustard crop began in February and gathered pace in March. Arrivals were in full swing until May, but began shrinking from June onwards, heralding the lean period. Since the beginning of crushing season in February, oil mills have crushed about 5.7 mln tn mustard seed against the total supply of 5.8 mln tn. Production of mustard in 2016-17 (Jul-Jun) was estimated at 6.7 mln tn, higher than 5.8 mln tn in the previous year, owing to improved yields and conducive weather.
Minister denies illegal GM cotton sale, cultivation in Maharashtra.
Minister denies illegal GM cotton sale, cultivation in Maharashtra.
Malaysia CPO ends 3% higher on CBOT soyoil cues
Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended 3% higher, tracking soyoil contracts on the CBOT. Prices of crude palm oil and soyoil typically move in tandem, as they are used as substitutes for each other. The most-active March contract of crude palm oil on the Malaysian bourse hit a one-month high of 2,612 ringgits (41,303.60 rupees) per tn earlier. The March contract settled at 2,607 ringgits per tn, up 3% from the previous close. Expectations of higher demand for soyoil and palm oil from China ahead of the Lunar New Year are also seen supporting the prices.