CBOT wheat down as condition of US crop improves.
India government doubles import duty on wheat to 20%.
India government doubles import duty on wheat to 20%.
Russia, helped by rouble retreat, tightens grip on Egyptian wheat orders.
Russia, helped by rouble retreat, tightens grip on Egyptian wheat orders.
Rice basmati weaken on reduced offtake sufficient stocks position.
Rice basmati weaken on reduced offtake sufficient stocks position.
Punjab, Haryana procure over 22 MMT paddy.
Punjab, Haryana procure over 22 MMT paddy.
Mustard seed futures gain on spot cues strong demand
Mustard seed prices advanced in futures trading in line with upbeat sentiments at spot markets. Mustard prices rose at spot markets on strong demand from oil mills amid tight supplies from producing belts. NCDEX, mustard seed to be delivered in December month spurted by 1.01 per cent
Brown planthopper dashes hopes of paddy farmers in Karimnagar.
Brown planthopper dashes hopes of paddy farmers in Karimnagar.
Delhi select edible oils up on retailer’s demand
Select edible oil prices firmed up at the wholesale oils and oilseeds market following pick up in demand from retailers.
Punjab CM orders release of pending paddy payments.
Punjab CM orders release of pending paddy payments.
NCDEX Soybean Nov futures close with gains
NCDEX Soybean Nov futures close with gains as improved meal exports. India’s soymeal exports during October were at 47,219 metric tonne, up 50% from a year ago. total exports of soyoil meal in the first seven months of the fiscal started April is almost 5 times higher to 5.37 lakh tons compared to 1.07 lakh tons last year. However, soybean is traded at 5 months low prices pressurize by new season arrivals. Last week the prices have improved due to reports that government may hike import duty on edible oil
Thailand joins forces with Alibaba in selling Thai rice online.
Thailand joins forces with Alibaba in selling Thai rice online.
Oilseeds edge higher ahead of USDA report
Soy oil rose 0.8 percent even as crude oil dipped for the first time since the November 01. Soy farmers have finished harvesting 90 percent of the soybean crop, almost matching the five-year average pace of 91 percent. US Most-traded January canola closed at $520.10 per tonne, up $1.20
China to pledge more U.S. soy imports during Trump visit
China commit to buy more U.S. soybeans during President Donald Trump visit to Beijing this week. China is the world biggest soybean importer and the U.S. is its second largest supplier. China imported 5.86m tonnes oilseed drop of 28% from September.
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%.
Indonesia stepping up wheat imports from Russia.
Indonesia stepping up wheat imports from Russia.
Egypt’s GASC says seeks wheat for Dec. 15-30 shipment.
Egypt’s GASC says seeks wheat for Dec. 15-30 shipment.
Punjab govt agencies & pvt millers procure 15.8 MMT of paddy till date.
Punjab govt agencies & pvt millers procure 15.8 MMT of paddy till date.
Odisha food supplies minister warns rice millers against exploiting farmers.
Odisha food supplies minister warns rice millers against exploiting farmers.
Preference for wheat, rice limiting Punjab farmers incomes.
Preference for wheat, rice limiting Punjab farmers incomes.
Mustard seed prices up in Jaipur as demand improves.
Mustard seed prices rose in benchmark market of Jaipur, Rajasthan, as demand for the oilseed from crushers and oil millers improved amid a fall in arrivals. Delayed sowing in key growing areas due to adverse weather conditions also supported mustard seed prices. Mustard oil mills across the country crushed 450,000 metric tonne of the oilseed in October, up nearly 6% from the previous month.
