U.S. corn futures weak regardless of export offers.
Vietnam’s rice market fares well.
Vietnam’s rice market fares well.
NCDEX cotton oilcake at 5-month high on supply concerns.
NCDEX cotton oilcake at 5-month high on supply concerns.
All-India cotton supply hit due to ginners’ strike.
All-India cotton supply hit due to ginners’ strike.
Maharashtra to compensate cotton farmers for loss from pink bollworm.
Maharashtra to compensate cotton farmers for loss from pink bollworm.
Indonesia palm oil exports down 5.6% on month at 2.6 mln tn in Oct.
Indonesia’s palm oil exports fell 5.6% on month to 2.6 mln tn in October as demand from India and Pakistan declined. Export of palm oil, excluding oleochemical and palm oil-based biodhiesel, to India fell 16% on month to 544,170 tn partly due to higher import duties, while exports to Pakistan dropped 32% on month to 144,260 tn. On the other hand, the country’s palm oil exports to China, the European Union, the US, and Bangladesh increased 14%, 18%, 11% and 22% on month in October to 423,740 tn, 474,500 tn, 120,780 tn and 151,860 tn, respectively.
India coffee exports during Jan 1 – Dec 14 .
India coffee exports during Jan 1 – Dec 14 .
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%.
NCDEX coriander hits 3% lower cap on profit booking
Futures contracts of coriander on NCDEX hit the 3% lower circuit as investors booked profits after prices hit a one-week high. The most-active January contract of coriander traded down 2.95% from the previous close. Coriander prices are also under pressure due to muted demand and ample supply.
Jordan tenders again to buy 0.1 MMT wheat.
Jordan tenders again to buy 0.1 MMT wheat.
Algerian wheat purchase raises US farmer hopes for exports.
Algerian wheat purchase raises US farmer hopes for exports.
France cuts wheat export hopes, after slowdown in shipments to non-EU buyers.
France cuts wheat export hopes, after slowdown in shipments to non-EU buyers.
Brazil decree allows wheat imports from Russia.
Brazil decree allows wheat imports from Russia.
EU wheat subdued as export gloom persists.
EU wheat subdued as export gloom persists.
India wheat rises on increased offtake.
India wheat rises on increased offtake.
Wheat lift from Canada supports bearish tone: USDA.
Wheat lift from Canada supports bearish tone: USDA.
Jaipur mustard tad down on sluggish demand for meal.
Prices of mustard seed were slightly down in Jaipur because of sluggish demand for the oilmeal from the cattle feed industry. The most active January futures on the NCDEX were down 0.3%.
CBOT wheat up on improved South America weather weighs on soybean prices.
CBOT wheat up on improved South America weather weighs on soybean prices.
Soybean prices unchanged in Indore but seen rising.
Soybean prices were unchanged in the key wholesale market of Indore but are likely to rise in the coming days as supplies are falling.