Gujarat cotton farmers advised on pink bollworm management.
Malaysia CPO ends lower tracking CBOT soyoil
Futures contracts of crude palm oil ended lower on the Bursa Malaysia Derivatives, taking cues from soyoil contracts on the CBOT. The most-active February contract of crude palm oil on the Malaysian bourse hit an over four-month low of 2,530 ringgits (40,056.7 rupees) per metric tonne.
Pakistan 2017-18 cotton crop seen rising 20% on year
Pakistan 2017-18 cotton crop seen rising 20% on year
ABARES pegs Australia 2017-18 wheat crop at 20.3 MMT, down 42% YoY.
ABARES pegs Australia 2017-18 wheat crop at 20.3 MMT, down 42% YoY.
La Nina threatens further setbacks for Australia’s weather-beset wheat crop.
La Nina threatens further setbacks for Australia’s weather-beset wheat crop.
KFC India to switch to rice bran oil.
KFC India to switch to rice bran oil.
Indore soybean down tracking palm oil, CBOT soybean
Soybean prices in Indore were down due to weakness in the soybean contracts on the CBOT and global palm oil prices. Palm oil prices globally were down because of expectations of a higher output in Malaysia in November. The most active January futures contract of soybean on the NCDEX ended down 0.4% from the previous close.
Italy spearheads initiative to limit rice imports to the EU
Italy spearheads initiative to limit rice imports to the EU
India November mustard seed crushing up around 6% on month at 475,000 tonne
Mustard oil mills across the country crushed 475,000 metric tonne of the oilseed in November, up nearly 6% on month. Crushing rose in November due to higher arrivals in wholesale markets. Farmers liquidated stocks to raise money for rabi sowing. Since the beginning of the crushing season in February, oil mills have crushed about 5.3 million metric tonne of mustard seed compared with the total supply of 5.4 million metric tonne.
Pakistan rice export rises 16.9% in 4 months.
Pakistan rice export rises 16.9% in 4 months.
Soybeans up for third session on Argentina dryness
Chicago soybean futures rose for a third straight session with dry weather in Argentina and strong U.S. demand buoying the market. Rainfall over the weekend was limited in Argentina, the top global soymeal and soyoil exporter, and showers were expected to be limited this week.
Armyworms destroy half of Malawi’s maize crop.
Armyworms destroy half of Malawi’s maize crop.
MY 2017/18 India Soybean Production Unchanged at 10 MMT
USDA pegs India year to Sept soybean crop at 10 million metric tonne, down 5% YoY. India soybean over 10.6 million ha for 2017-18, lower than 11.4 million ha last year. Average market prices soybeans last 12 months have softened 16 % to INR 27,000/metric tonne.
Untimely rainfall and hailstorm damages maize and others rabi crops in Maharashtra.
Untimely rainfall and hailstorm damages maize and others rabi crops in Maharashtra.
MCX CPO hits 2-week low tracking Bursa Malaysia
Contracts of crude palm oil hit a two-week low on MCX tracking losses on the benchmark Bursa Malaysia Derivatives. The most active December contract of crude palm oil on MCX was down 0.7% from previous close.
Brazil’s farmers invest in Soybeans, not corn crops.
Brazil’s farmers invest in Soybeans, not corn crops.
Brazil’s farmers invest in soybeans, not corn crops
Brazilian producers have already planted 92% of the estimated area for soybeans in the 2017/2018 harvest. The number surpasses 90% of last year and 87% of the average of five years.
Kenya field trail shows promise of GMO insect-resistant Bt corn to combat fall armyworm African invasion.
Kenya field trail shows promise of GMO insect-resistant Bt corn to combat fall armyworm African invasion.
Russia Oilseed stocks down 12.7% year-on-year in early November
Russian growers held 4007.4 KMT of oilseeds, or 584.9 KMT (12.7%) less than at the same time last year (4592.3 KMT). The oilseed inventories gained 1058.8 KMT in October. Farmer sunseed stocks totaled 2240.6 KMT, or 548.5 KMT (19.7%) less than at the same time last (2789.1 KMT). They increased by 657.6 KMT in October.
Pink bollworm attack may affect 2.8 mln ha of cotton in Maharashtra.
Pink bollworm attack may affect 2.8 mln ha of cotton in Maharashtra.