India wheat futures extend losses, down 0.65% on higher supply.
India coffee exports during Jan 1- Dec 4.
India coffee exports during Jan 1- Dec 4.
Delay in sowing may affect India wheat yield.
Delay in sowing may affect India wheat yield.
Japan offers to buy 154,694 MT of food wheat via tender.
Japan offers to buy 154,694 MT of food wheat via tender.
Russia muscles in on Australia’s traditional wheat export markets.
Russia muscles in on Australia’s traditional wheat export markets.
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.
India govt sells 63,700 MT wheat via open market sales on Nov 30.
India govt sells 63,700 MT wheat via open market sales on Nov 30.
CBOT wheat up on crop damage concerns in Australia.
CBOT wheat up on crop damage concerns in Australia.
Saudi Arabia buys 495,000 MT of wheat in tender.
Saudi Arabia buys 495,000 MT of wheat in tender.
EU wheat flat, Saudi purchase provides support.
EU wheat flat, Saudi purchase provides support.
Russian wheat export prices stable amid high stocks, flat benchmarks.
Russian wheat export prices stable amid high stocks, flat benchmarks.
Indore soybean up on talk of meal export incentive
Soybean prices in Indore were up because of talk of export incentives on soymeal. Export incentives are likely to increase demand for the oilseed due to improved crushing. Gains in soybean contracts on the CBOT are also seen supporting the rise in prices of the oilseed. The most active January futures contract of soybean on the NCDEX traded up 1.9% from the previous close.
Frost events in Kazakhstan stopped growth of winter wheat.
Frost events in Kazakhstan stopped growth of winter wheat.
Mustard seed up in Jaipur on demand from oil mills
Mustard seed prices rose in Jaipur, the benchmark market in Rajasthan, due to improved demand for oil millers and crushers amid a fall in arrivals. Seasonal demand for mustard oil supported prices of the seed.
India basmati prices rise on higher demand from West Asia.
India basmati prices rise on higher demand from West Asia.
India Indore soybean rises on improved demand
Prices of soybean rose in Indore, Madhya Pradesh’s benchmark market, due to improved demand from oil millers after government hiked import duty on refined soyoil. However, high arrivals of soybean in spot markets prevented any further rise in prices. Along with soybean, prices of mustard seed also rose in the benchmark market of Jaipur. Prices rose due to a rise in demand from domestic crushers and stockists along with a fall in acreage of the crop.
Indian rice offered lowest in Iraq’s 30,000 MT tender.
Indian rice offered lowest in Iraq’s 30,000 MT tender.
Malaysia CPO ends lower on strong ringgit vs doller
Futures contracts of crude palm oil ended lower on the Bursa Malaysia Derivatives due to strength in ringgit against the dollar. The most-active February contract of crude palm oil on the Malaysian bourse closed at 2,583 ringgits (40,947.99 rupees) per tn, down 0.8% from the previous close.