Sunseed was harvested from 5773 Th ha (97% of the projected 5942 Th ha) with a crop of 11409 KMT and a yield of 1.98 MT/ha. At the same time, farmers harvested soybeans from 1808 Th ha out of the projected 1990.2 Th ha. The crop was 3442 KMT with a yield of 1.90 MT/ha (down 14.7% year-on-year).
India coffee exports during Jan 1- Nov 8 .
India coffee exports during Jan 1- Nov 8 .
Malaysian palm oil futures fell.
Malaysian palm oil futures fell in the second half of trade, dropping from a one-week high earlier in the session on expectations of weaker cargo surveyor export data scheduled for release on Friday.
All-India cotton arrivals down 1,000 bales on 08 Nov.
All-India cotton arrivals down 1,000 bales on 08 Nov.
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.
Mustard seed up in Jaipur on export demand for meal
Prices of mustard seed rose in Jaipur, Rajasthan, due to a rise in export demand for mustard meal. India Apr-Oct mustard meal exports were at 317,691 metric tonne, up from 161,272 metric tonne a year ago. A fall in arrivals coupled with improved demand from domestic oil millers and crushers, further lifted mustard seed prices.
Cambodia rice export to China up 59% in 10 months.
Cambodia rice export to China up 59% in 10 months.
Brazil soybean planting progress jumps to 43%
Planting of Brazilian soybeans jumped to 43% of the estimated area since November 2, which is an increase of 13 percentage points compared with 30% in the previous week. Rainfall in the center west region of Brazil allowed planting to get completed faster. However, the Brazilian crop is still considered late. Sowing registered in the same period last year was 53%.
Romania is the top EU rapeseed exporter in 2016/17
2017/18 harvest results, the European Commission upwardly revised EU rape plantings against its preliminary estimates published in the spring. October’s estimate equals 6780 Th ha against 6620 Th ha expected in April 2017 (up 4% from the five-year average). Only the 2010/11 season wimetric tonneessed a larger area (7000 Th ha). Rapeseed purchases by the EU from third countries hit an all-time high of 4.7 MMT in the 2016/17 season. Romania continues building up its presence in rapeseed supplies both within the EU and to external markets. On this way the country relies on further expansion of planted acreage and increasing own production.
Mustard seed prices up in Jaipur on strong demand
Mustard seed prices rose in Jaipur, Rajasthan, due to strong demand from domestic oil millers and crushers. Arrivals are insufficient to meet the rising demand, and this supported prices. Delayed sowing in key growing areas due to adverse weather conditions further supported mustard seed prices.
Malaysia CPO ends higher tracking CBOT soyoil gains
Futures contracts of crude palm oil on the Bursa Malaysia Derivatives ended higher, taking cues from soyoil contracts on the CBOT. The most active January contract of crude palm oil on the Malaysian bourse ended at 2,822 ringgits (43,391.34 rupees) per metric tonne, up 1.3% from the previous close.
