Egyptian government hits back at zero ergot policy on wheat imports.
Russia rapeseed oil production gained 9% in the first months of 2017/18
37.9 KMT of rape oil was produced in Russia in September 2017 against 20.7 KMT in August 2017 and 33.5 KMT in September 2016. Consequently, overall rape oil production in July-September 2017/18 was up 9.1% year-on-year at 85.7 KMT against 78.5 KMT a year ago.
EU wheat edges lower as US traders tuck into turkey.
EU wheat edges lower as US traders tuck into turkey.
Malaysia CPO closes lower on firm ringgit vs dollar
Futures contracts of crude palm oil ended over 1% lower on the Bursa Malaysia Derivatives on the back of a strong ringgit against the dollar. Firmness in the Malaysian currency makes palm oil more expensive for buyers holding other currencies. The most-active February contract of crude palm oil on the Malaysian bourse ended at 2,608 ringgits (41,064.22 rupees) per metric tonne, down 1.4% from the previous close.
Punjab procures over 17.5 MMT paddy.
Punjab procures over 17.5 MMT paddy.
Mustard up in Jaipur on improved domestic demand
Mustard seed prices were up in Jaipur, Rajasthan owing to improved demand from domestic stockists and oil millers coupled with a fall in arrivals.
Bangladesh govt to import 100,000 tons of parboiled rice.
Bangladesh govt to import 100,000 tons of parboiled rice.
NCDEX soybean rising towards MSP; oilmeal export sops may be doubled
Futures contracts of soybean on the National Commodity & Derivatives Exchange are rising towards the minimum support price following reports that the government may double the incentive on export of oilmeals. The government is likely to double the incentive on export of oilmeals to 10% to support domestic oilseed prices.
India maize prices unchanged in key wholesale markets.
India maize prices unchanged in key wholesale markets.
Australian wheat sales to Egypt, Sudan and Tanzania lose out to Black Sea exporters.
Australian wheat sales to Egypt, Sudan and Tanzania lose out to Black Sea exporters.
Philippine govt pressed to allow farmers to export corn.
Philippine govt pressed to allow farmers to export corn.
Wheat farmers struggle for improved seeds as planting begins.
Wheat farmers struggle for improved seeds as planting begins.
Brazil’s Anec sees more corn exports, 2017 still tough for traders
Brazil’s Anec sees more corn exports, 2017 still tough for traders
Union govt rejects Odisha’s paddy MSP hike demand.
Union govt rejects Odisha’s paddy MSP hike demand.
NCDEX cotton at 6-month high on crop damage concerns.
NCDEX cotton at 6-month high on crop damage concerns.
Japan to import 7,940 MT feed wheat and barley via tender.
Japan to import 7,940 MT feed wheat and barley via tender.
CBOT wheat up as condition of US crop worsens.
CBOT wheat up as condition of US crop worsens.
India maize up on increased offtake.
India maize up on increased offtake.
NCDEX removes Delhi, Sangli as maize additional delivery centres.
NCDEX removes Delhi, Sangli as maize additional delivery centres.
NCDEX mustard seed gains tracking spot market
Futures contracts of mustard seed on the NCDEX rose, taking cues from the benchmark market of Jaipur. Prices of mustard seed were up in Jaipur, as demand for mustard oil is rising due to onset of the winter.