Ukraine Mustard market continued recovering this year

Mustard production by large and medium-sized plants of the fat-and-oil industry grew to 828 MT in October 2017, or 14% more than in the previous month (725 MT) and up 32.5% from October 2016 (625 MT). Production amounted to 6.7 KMT in January-October, or up 15% year-on-year (5.8 KMT in January-October 2016).

US Soybean November exports for Brazil 2.143 MMT

Soybean exports during November for Brazil totaled 2.143 MMT, which was 13.85% lower than last month but more than 6.5 times larger than Nov 2016. This extra supply in the world market has been the main reason US shipments lag year ago.

Brazilian Soy planting pace update by 01 Dec 2017

Brazilian Soy planting pace update by 01 Dec 2017; 90.5% ( 91.4% of last season ) as per SAFRAS & Mercado. In Mato Grosso, 99% vs 100%. Under normal conditions from now on,tentatively forecast a Soy new-crop size around 110 Million T vs record 114 of 16/17.

NCDEX coriander up 3% on likely fall in acreage

Futures contracts of coriander on NCDEX hit the 3% upper limit on expectations of a decline in acreage in the ongoing rabi season. The most-active January contract of coriander was up 3.1% from previous close. Spot prices in Ramganj, Rajasthan, also rose tracking futures.