US winter wheat deteriorates, a little, amid reviving dryness.
Amid bumper paddy yield, Punjab, Haryana procure 23.5 MMT.
Amid bumper paddy yield, Punjab, Haryana procure 23.5 MMT.
Bangladesh scraps rice deal with Cambodia
Bangladesh scraps rice deal with Cambodia
Rice production in South Korea hits 37-year low in 2017.
Rice production in South Korea hits 37-year low in 2017.
SOPA says India Oct 1 soybean carryover stock view cut to 1.4 million metric tonne
India’s soybean carry-over stocks estimate as on Oct 1 has been revised lower to 1.39 million metric tonne from 1.59 million metric tonne. Soybean carry-over stocks has been revised lower on fresh export data of soymeal for August, thus updating total exports for Oct to August in 2016-17 to 1.97 million metric tonne. For the new season starting October, soymeal exports were pegged at 67,000 metric tonne as compared to 44,383 metric tonne a year ago. The output of soybean in the 2017-18 (Oct-Sep) is estimated at 9.15 million metric tonne down 16.8% on year.
India Soybean futures fall 1%, mustard 0.7%.
Futures contracts of all components in the edible oil basket declined on domestic exchanges as there was no fresh development on the anticipated hike in the import duty on oilseeds The industry had demanded a hike in import duty on edible oils to support the prices of home-grown oilseeds. Soybean on National Commodity and Derivatives Exchange ended around 1% lower because of higher arrivals of fresh crop in key mandis. India’s vegetable oil imports rose around 5% on year to 15.4 million metric tonne in the year-ended October. Palm oil imports rose marginally to 9.3 million metric tonne compared with 8.4 million metric tonne during the previous year.
Jordan tenders for 100,000 MT wheat.
Jordan tenders for 100,000 MT wheat.
Ethiopia eyes more milling wheat.
Ethiopia eyes more milling wheat.
Rice price may surge as Chhattisgarh govt announces bonus on paddy.
Rice price may surge as Chhattisgarh govt announces bonus on paddy.
Europeans prefer Indian Basmati platter, farmers happy.
Europeans prefer Indian Basmati platter, farmers happy.
Thailand rice prices little changed; Indian rates fall.
Thailand rice prices little changed; Indian rates fall.
Punjab, Haryana see bumper paddy crop, procure over 23 MMT.
Punjab, Haryana see bumper paddy crop, procure over 23 MMT.
EU to relax restrictions on Fukushima rice imports.
EU to relax restrictions on Fukushima rice imports.
Mustard seed up in Jaipur on demand from oil mills.
Mustard seed prices were up in Jaipur, Rajasthan owing to improved demand from domestic oil millers and crushers. A fall in arrivals and seasonal demand for mustard oil also supported seed prices. Delayed sowing in key growing areas and export demand for mustard meal further lifted prices in domestic market.
Bangladesh rice deal shelved.
Bangladesh rice deal shelved.
Muted demand drags down coriander futures 1.72%.
Coriander prices fell by 1.72 per cent in futures market as participants cut down positions amid muted domestic and export demand against ample stocks position. Besides, higher supplies from major growing regions influenced coriander futures. The fall in coriander futures to subdued demand in the physical market against adequate stocks position on increased supplies from producing regions.
Soybean falls in Madhya Pradesh on weak demand.
Soybean falls in Madhya Pradesh on weak demand.
Rajasthan now 40% subsidy on sowing of coriander.
Farmer can application on maximum four hectare in the Horticultural Mission for getting the grant.
India govt may up import duty on crude sunflower oil, canola oil to 17.5%.
India govt may up import duty on crude sunflower oil, canola oil to 17.5%.
NCDEX mustard down as stocks at warehouses rise
Futures contracts of mustard seed were down on the NCDEX due to a rise in stocks of the oilseed at exchange-accredited warehouses. The most-active December contract was down 0.6%, on NCDEX. Stocks of mustard seed at the warehouses were at 2,608 tn compared with 1,566 tn a week ago.