IMD advised to Maharashtra farmers to sow wheat in Nov.
Urad prices up in Delhi on demand from millers.
Prices of urad in Delhi were up because of demand from millers and gains in other pulses. Reports of procurement of the pulse by the government agencies are also creating positive sentiment.
USDA cuts estimate for India 2017-18 wheat imports (3.5 MMT vs 4 MMT).
USDA cuts estimate for India 2017-18 wheat imports (3.5 MMT vs 4 MMT).
Tur up in Akola on dal millers buys, gains in chana.
Prices of tur at Akola in Maharashtra were up because of demand from dal millers along with strength in the chana prices. In the key market of Kalburagi, Karnataka, tur was steady.
India and Egypt continue supporting Russian milling wheat market.
India and Egypt continue supporting Russian milling wheat market.
WASDE OCTOBER WHEAT OUTLOOK:
WASDE OCTOBER WHEAT OUTLOOK:
Iran exports 31000 MT of wheat to Italy.
Iran exports 31000 MT of wheat to Italy.
CANADA DURUM WHEAT OCTOBER OUTLOOK:
CANADA DURUM WHEAT OCTOBER OUTLOOK:
USDA sees Australia 2017-18 wheat output (21.5 MMT) at 9-year low.
USDA sees Australia 2017-18 wheat output (21.5 MMT) at 9-year low.
CANADA WHEAT(excluding durum) OCTOBER OUTLOOK:
CANADA WHEAT(excluding durum) OCTOBER OUTLOOK:
USDA ups 2017-18 global wheat output view by 6.3 MMT to 751.2 MMT.
USDA ups 2017-18 global wheat output view by 6.3 MMT to 751.2 MMT.
India rice basmati extends losses on low demand.
India rice basmati extends losses on low demand.
India’s April-Aug rice exports rise 7.4% YOY.
India’s April-Aug rice exports rise 7.4% YOY.
Clear all dues of sugarcane farmers, Rayat Kranti Sanghatana (Kolhapur).
Rayat Kranti Sanghatana (Kolhapur), the newly formed organization of farmers belonging to minister of state for agriculture Sadabhau Khot has demanded that sugar factories should pay all pending dues of last year’s sugarcane crushing season. The organization has threatened to launch an agitation and has stated that farmers not allow the factories to start this year’s crushing season if they fail to clear the dues. After declaring the rate of sugarcane per metric tonne, the sugar factories pay farmers their dues in three installments. The first installment which is more than 80% of the total amount after the crushing season, while the other two installments are delayed. Warned the factories to ensure that they pay all the remaining dues before starting this year crushing. Not allow the factories to start crushing this year if they do not make the payment.
India govt year to Sep rice opening stocks 16.3 MMT, up 12.7% on year.
India govt year to Sep rice opening stocks 16.3 MMT, up 12.7% on year.
Sugar down in north India, Kolhapur; Mumbai unchanged.
Prices of sugar fell in the key wholesale markets of north India and in Kolhapur due to weak demand from bulk buyers and selling by mills. Traders are eager to sell sugar ahead of Diwali as prices are expected to fall after the festival. The medium-term outlook for sugar is seen bearish as crushing start soon. Traders eager to sell sugar ahead of Diwali as prices expected to fall after festival.
Pakistan to export 100 MT of hybrid rice seed this year.
Pakistan to export 100 MT of hybrid rice seed this year.
Jaipur mustard prices tad up on rise in demand.
Prices of mustard seed were a tad up in Jaipur due to limited supply coupled with improved demand from domestic oil millers and crushers. Export demand for mustard meal also supported mustard prices.
India govt Oct 1 wheat stock 25.9 MMT vs 21.3 MMT year ago.
India govt Oct 1 wheat stock 25.9 MMT vs 21.3 MMT year ago.
Washim (Maharashtra) mkt shut due to heavy rains; soy arrivals hit.
Prices of soybean in Washim, a key market in Maharashtra, were unavailable, as the market was shut due to heavy rains.
