India govt likely to hike wheat import duty again.
India wheat prices up in spot market as demand firm.
India wheat prices up in spot market as demand firm.
NCDEX wheat up over 1% on hope of import duty hike.
NCDEX wheat up over 1% on hope of import duty hike.
CME’s Black Sea wheat futures open for trading.
CME’s Black Sea wheat futures open for trading.
Russian wheat prices fall due to intense competition with Romania.
Russian wheat prices fall due to intense competition with Romania.
EU sees rising wheat sowings into 2030 downplaying Russian export threat.
EU sees rising wheat sowings into 2030 downplaying Russian export threat.
Russia will use Syrian seaports to export wheat to the Middle East.
Russia will use Syrian seaports to export wheat to the Middle East.
China reduces corn planting area amid excessive stock.
China reduces corn planting area amid excessive stock.
CME’s Black Sea corn futures open for trading.
CME’s Black Sea corn futures open for trading.
Over 7.2 MMT paddy arrives in Haryana.
Over 7.2 MMT paddy arrives in Haryana.
Replacing Philippine rice import quota with 35% tariff to slash prices by P7 per kilo.
Replacing Philippine rice import quota with 35% tariff to slash prices by P7 per kilo.
Nigeria slashes rice importation burden by 65%.
Nigeria slashes rice importation burden by 65%.
Malaysia CPO ends over 2% higher on bargain buying
The February contract of crude palm oil ended over 2% higher on the Bursa Malaysia Derivatives due to bargain buying after prices hit a 16-month low of 2,375 ringgits (37,289.83 rupees) per tn. The most active February contract closed at 2,515 ringgits per tn, up 2.6% from the previous close. Crude palm oil inventories in Malaysia rose 21% on month to 1.49 mln tn in November.
Mustard down in Jaipur on low demand for edible oil
Prices of mustard seed fell slightly in Jaipur, the benchmark market for the commodity, because of sluggish demand for edible oil. The most active January futures on the NCDEX were down 0.7%.
Soybean prices down in Indore on cues from CBOT
Prices of soybean in Indore fell, tracking weakness in CBOT soybean contracts. CBOT soybean contracts were down as favourable weather in Argentina, the third-largest producer of the oilseed in the world, has addressed worries of lower sowing.
NCDEX coriander down on profit booking; spot unchanged
The most-active January contract of coriander on NCDEX traded down because investors booked profits after prices hit a one-week high. The January contract traded down 0.2% from the previous close. Higher carryover stocks and medium quality of the spice kept prices in a range despite acreage being expected to decline.
ICE cuts maintenance margin requirement for wheat.
ICE cuts maintenance margin requirement for wheat.
Drought leaves U.S. Plains wheat vulnerable to freeze damage.
Drought leaves U.S. Plains wheat vulnerable to freeze damage.
EU wheat market subdued, feed demand takes up export slack.
EU wheat market subdued, feed demand takes up export slack.
Egypt’s strategic wheat reserves enough to meet consumption till mid-April.
Egypt’s strategic wheat reserves enough to meet consumption till mid-April.