US weekly corn net export sales fall 44.6% on week, lower than expected.
Maize up in Davangere as crop quality improves.
Maize up in Davangere as crop quality improves.
FAO says India Jan-Nov non-basmati rice export prices up 8% on year.
FAO says India Jan-Nov non-basmati rice export prices up 8% on year.
Punjab, Haryana procure nearly 24.9 MMT of paddy.
Punjab, Haryana procure nearly 24.9 MMT of paddy.
EU eases curbs on imports of Fukushima rice and seafood.
EU eases curbs on imports of Fukushima rice and seafood.
Nigeria imports over 3 MMT of rice annually, says sources.
Nigeria imports over 3 MMT of rice annually, says sources.
Soybean prices down in Indore on weak demand for meal
Prices of soybean fell in Indore, Madhya Pradesh owing to subdued demand for soymeal, a derivative of soybean. A decline in supply, however, cushioned a fall in prices.
Cotton Outlook trims estimate for 2017-18 world output to 26 mln tn .
Cotton Outlook trims estimate for 2017-18 world output to 26 mln tn .
India NCDEX soybean up on bargain buys; spot soy down
Prices of soybean fell at the benchmark Indore market in Madhya Pradesh due to low buying at high prices. High supply in markets weighed on soybean prices. Improved demand from domestic oil millers and crushers lifted prices at Jaipur in Rajasthan, thereby, supporting contracts on the NCDEX. Prices rose on the Malaysian bourse due to bargain buying.
Mustard up in Jaipur as demand rises, acreage falls
Prices of mustard seed rose in benchmark Jaipur market due to a rise in demand from domestic crushers and stockists, and a fall in acreage of the crop.
India Govt trims base import price of all edible oils
The government reduced the base import price of all edible oils, with the steepest plunge of $26 per tonne in crude palm oil. The base import price for crude palmolein and refined, bleached and deodorised palmolein were cut by $21 each.
Warehousing regulator registers 1st liquid storage for palm oil in Gujarat
The Warehousing Development and Regulatory Authority has registered its first warehouse handling liquid cargoes at Gandhidham in Gujarat, facilitating delivery of palm oils via futures exchanges. The oil storage tanks, owned by Yamada Logistics Pvt Ltd, were registered by the warehousing watchdog earlier this month. The two units, which have a capacity to store 350 tonne each of crude palm oil and refined, bleached and deodorised palmolein, have been accredited by the Multi Commodity Exchange of India as delivery centres.
NCDEX coriander down on profit booking post 6-month high
Futures of coriander fell over 1% on the NCDEX due to profit booking by market participants, a day after prices hit a six-month high. Low prices of coriander have resulted in farmers shifting towards more lucrative crops such as ginger and jeera in major producers Rajasthan and Gujarat. The most-active December contract of coriander traded down 1.2% from the previous close.
NCDEX mustard up on low acreage, spot cues
Futures contracts of mustard seed were up on the NCDEX due to a fall in the acreage of the oilseed. Improved demand from domestic oil millers and crushers lifted prices at Jaipur in Rajasthan, thereby, supporting contracts on the NCDEX. On the NCDEX, the most active December contract was up 0.8%.
Odisha assembly passes resolution to take up paddy MSP issue with President.
Odisha assembly passes resolution to take up paddy MSP issue with President.
Soybean down in Indore as high prices dent demand
Soybean prices fell today in Indore, the benchmark market, as high prices of the oilseed led to subdued demand. The most active January futures contract of soybean on the NCDEX traded up 0.8%.
Nigeria rice importation drops by 95%.
Nigeria rice importation drops by 95%.
CBOT soyoil up tracking gains in CPO contracts
Futures contracts of soyoil on the CBOT was up tracking gains in the crude palm oil contracts on the Bursa Malaysia Derivatives. The prices of soyoil and crude palm oil generally move in tandem becausen both are used in preparation of vegetable oil and bio-fuel. The most active January contract of soyoil on CBOT traded at 34.44 cents per pound, up 1.1% from the previous close.
U.S. rice prices soar amid sharply lower production.
U.S. rice prices soar amid sharply lower production.
Malaysia CPO ends up on bargain buys post 4-month low
The most-active February contract of crude palm oil ended over 1% higher on the Bursa Malaysia Derivatives due to bargain buying after it hit a four-month low. The contract closed at 2,604 ringgits per tn, up 1.6% from the previous close.