NCDEX mustard seed hits 6-month high on higher demand.

The November contract of mustard seed on the NCDEX, hit a six-month high, owing to improved demand for mustard oil. On NCDEX, the most active November contract was up 24 rupees from previous close. A decline in stocks at exchange-accredited warehouses also supported mustard seed prices

NCDEX soybean down 1% on strong supplies; spot flat.

Futures contracts of soybean fell over 1% on the NCDEX tracking a rise in supplies in the spot markets. the most active November soybean contract was down 1.1% from the previous close. In spot markets, however, prices were largely unchanged as strong demand from stockists offset the impact of a rise in arrivals.

Brazil farmers frustrated with soybean planting delays.

Soybean planting reached 20% of the area forecast for the 2017/2018 harvest. Last year, planting was 29% in this period and 19% in the average of five years. The 2017/2018 Brazilian soybean planting season is being described as very variable. While in the southern region of Brazil it is raining, and the farmers accelerate planting, the Central-West region is suffering from irregular rainfall. The unfavorable climate already threatens to damage the second corn crop.

Maharashtra sugar output in Nov seen up 60% on year at 1.5 million metric tonne.

Mills in Maharashtra are likely to produce around 1.5 million metric tonne sugar in November, the first month of the start of the season, up nearly 60% from the corresponding month last year. Around 150 mills are likely to start operations in November this season, compared to 100 mills in the same period last year. Reports surfaced in Maharashtra about a possible delay in crushing due to continued rains across the state.