Futures contracts of components in the edible oil basket traded mixed, with refined soyoil and crude palm oil contracts rising marginally on domestic exchanges. Futures contracts of soybean ended nearly 1% lower on the National Commodity and Derivatives Exchange, taking cues from the spot markets where tepid demand from bulk buyers kept prices subdued. Prices of the oilseed had risen in the past sessions on expectations of a hike in import duty on edible oils, which weighed on demand. On the NCDEX, soyoil contracts were up 0.2% from the previous close. Mustard contracts on the NCDEX fell by 0.6% tracking spot markets and due to lacklustre demand from oil millers and mustard meal exporters.
WASDE WHEAT NOVEMBER OUTLOOK:
WASDE WHEAT NOVEMBER OUTLOOK:
WASDE RICE NOVEMBER OUTLOOK:
WASDE RICE NOVEMBER OUTLOOK:
First Indian wheat consignment via Chabahar reaches Afghanistan.
First Indian wheat consignment via Chabahar reaches Afghanistan.
CBOT wheat eases on ample supplies, firm dollar.
CBOT wheat eases on ample supplies, firm dollar.
USDA cuts India FY18 wheat import view to 3 MMT.
USDA cuts India FY18 wheat import view to 3 MMT.
Black Sea wheat shipments to India threatened by import tax hike.
Black Sea wheat shipments to India threatened by import tax hike.
Hard red spring wheat bids firm on Prairies.
Hard red spring wheat bids firm on Prairies.
Relaxed rules on U.S. wheat imports possible.
Relaxed rules on U.S. wheat imports possible.
Total 16.6 MMT paddy procured in Punjab.
Total 16.6 MMT paddy procured in Punjab.
India spot wheat prices jump as govt hikes import duty.
India spot wheat prices jump as govt hikes import duty.
Cotton Outlook raises 2017-18 world output estimate to 26 MMT.
Cotton Outlook raises 2017-18 world output estimate to 26 MMT.
Source says India govt Nov 1 wheat stocks 23.9 mln tn, up 27% on year.
Source says India govt Nov 1 wheat stocks 23.9 mln tn, up 27% on year.
India govt open market wheat sales pick up after import duty hike.
India govt open market wheat sales pick up after import duty hike.
EU wheat edges down as USDA report offsets Algeria tender hopes.
EU wheat edges down as USDA report offsets Algeria tender hopes.
NCDEX wheat hits 3% upper limit as import duty hiked.
NCDEX wheat hits 3% upper limit as import duty hiked.
Brazil drops plan for tax-free wheat import quota.
Brazil drops plan for tax-free wheat import quota.
Japan buys 132,390 MT of food wheat via tender.
Japan buys 132,390 MT of food wheat via tender.
CBOT soybean up as USDA might cut crop yield view
Futures contracts of soybean on CBOT extended gains for the third consecutive day due to concerns that the USDA. The prices on CBOT also rose due to concerns over slow pace of planting in Brazil, the second-largest producer, following heavy rains in central and southern areas and dry conditions in Mato Grosso, the top soybean-growing state. The most-active January contract of soybean on CBOT was at $9.9750 per bushel, up 0.2% from the previous close.
CBOT wheat ends weaker ahead of USDA monthly report.
CBOT wheat ends weaker ahead of USDA monthly report.