Kenya govt maize flour subsidy to end this month.
Farmers Stage Protest Demanding MSP To Maize In Nabarangpur (Odisha).
Farmers Stage Protest Demanding MSP To Maize In Nabarangpur (Odisha).
CBOT corn ends firm on short-covering.
CBOT corn ends firm on short-covering.
Bulgaria announces higher maize crop in 2017.
Bulgaria announces higher maize crop in 2017.
India wheat futures remain weak, shed 0.30% on higher supply.
India wheat futures remain weak, shed 0.30% on higher supply.
Romania good weather and improving growing technologies favor wheat crop.
Romania good weather and improving growing technologies favor wheat crop.
Kazakhstan to deliver wheat to Iran through ports of Caspian Sea.
Kazakhstan to deliver wheat to Iran through ports of Caspian Sea.
Ukrainian wheat exports hit a record high in November.
Ukrainian wheat exports hit a record high in November.
NCDEX coriander up 2% on firm demand, low acreage
Futures contracts of coriander on the NCDEX rose for the third consecutive day and gained over 2% on the back of higher demand from domestic retailers amid a decline in acreage this season. The most-active January contract of coriander on the NCDEX was up 2.3% from the previous close.
CBOT wheat prices strengthened slightly last week.
CBOT wheat prices strengthened slightly last week.
Soybean prices up in Indore on low arrivals
Prices of soybean in Indore were up because of low arrivals. Low availability of quality stocks is also seen supporting prices of the oilseed. On NCDEX, the most-active January contract was up by 14 rupees.
NCDEX cotton oilcake at 5-month high on output worry.
NCDEX cotton oilcake at 5-month high on output worry.
Mustard seed prices up in Jaipur as arrivals down
Prices of mustard seed rose in Jaipur, the benchmark market, as arrivals of the oilseed declined marginally during demand from crushers. Worries of lower acreage this season is also seen creating positive sentiment.
India coffee exports during Jan 1 – Dec 19.
India coffee exports during Jan 1 – Dec 19.
NCDEX soybean stocks at 9-month high as futures above spot price
Inventories of soybean at NCDEX-accredited warehouses rose to a nine-month high as futures are trading above spot prices. Stocks of the oilseed at exchange warehouses were pegged at 207,966 metric tonne, 1,206 metric tonne higher from previous close. The most-active January contract was up 0.6% from the previous settlement. Soybean prices are trading above the minimum support price and this also led to an increase in the warehouse stocks.
Brazil soybean crop revised down to 114.57 mln tonnes
Brazilian farmers are expected to produce 114.57 million tonnes of soybeans in the 2017/18 crop cycle. The figure represents a slight downward adjustment from an October estimate of 114.7 million tonnes, although it would still be an all-time record for Brazil. The estimate was revised after small adjustments in soy’s estimated planted area this season, but it does not change the overall trend as farmers increasingly switched from corn to soy in this crop cycle. Safras forecasts a 5 percent rise in Brazil’s soy planted area to 35.49 million hectares (87.7 million acres) this crop.
NCDEX coriander contracts up 1% as acreage falls
Futures contracts of coriander on NCDEX rose 1% because the area under the spice in the current season declined, as farmers have shifted to other lucrative crops. The most active January contract of coriander on NCDEX was up 1% from the previous close. In Gujarat, the second-largest producer of coriander, the commodity was sown across 67,500 ha, 43% lower on year.
India wheat up in futures, spot on talks of import duty hike.
India wheat up in futures, spot on talks of import duty hike.
EU wheat plantings set to increase in next decade.
EU wheat plantings set to increase in next decade.
CBOT corn prices decreased last week pressured by higher world production and ending stocks.
CBOT corn prices decreased last week pressured by higher world production and ending stocks.