USDA arm sees Brazil ’17-18 sugar export up 4% on year.
Ram Gopal Yadav (9 years ago)

Brazil sugar exports in 2017-18 (Apr-Mar) are seen at a record high of 29.6 million metric tonne in terms of raw value, up 1.1 million metric tonne or 3.9% on year. Of the total exports, raw sugar is expected to contribute 23.68 million metric tonne. The USDA arm has kept its estimate for total sugarcane production in Brazil in 2017-18 unchanged at 645 million metric tonne.

MMTC to auction 4,492 metric tonne masoor via NCDEX e-markets
Ram Gopal Yadav (9 years ago)

MMTC offer 4,491.50 metric tonne of masoor imported from Canada, 2,665 metric tonne of tur imported from Malawi and Mozambique and 2,633.50 metric tonne of urad imported from Myanmar, for auction through NCDEX e-markets. Pulses, to be auctioned, are stocked at Central Warehousing Corp and other godowns in Tamil Nadu, Gujarat, and Maharashtra.

Farm agency raises forecast for ’17-18 average chana price in Canada
Ram Gopal Yadav (9 years ago)

Agriculture and Agri-Food Canada has raised its forecast for prices of chana in the country to an average $1,100-$1,130 a metric tonne in 2017-18 (Aug-Jul) from its September estimate of $1,000-$1,030 due to strong global demand. Canada’s farm agency has revised upwards its price forecast despite reports of likely higher sowing of the pulse in India. The agency has forecast production of chana in Canada at 81,000 metric tonne in 2017-18, unchanged from its previous estimate but a tad lower than last year’s output of 82,000 metric tonne. Supply of chana, or chickpeas, is expected to decline by 26% on year to 96,000 metric tonne due to lower carry-in stocks and imports. The agency, however, has lowered its average price estimate for lentils to $650-$680 per metric tonne from its September estimate of $720-$750.