IMD Agrimet division has advised farmers in Rajasthan to control infestation of termites in the standing kharif groundnut crop. Incidents of termite attack on the groundnut crop have been reported in some areas of the state. Farmers are advised to irrigate the fields after spraying pesticides on the crop.
Sowing wheat earlier can help beat warming in India.
Sowing wheat earlier can help beat warming in India.
NAFED kicks off procurement of 2017-18 soybean in Rajasthan.
From Saturday, the National Agricultural Cooperative Marketing Federation of India started procuring soybean sown during the 2017-18 (Jul-Jun) kharif season in Rajasthan. The procurement is being carried out at 13 centers in Kota, Jhalawar, Bundi and Baran districts under the price support scheme.
NCDEX wheat ends 1% up on likely hike in import duty.
NCDEX wheat ends 1% up on likely hike in import duty.
SOPA pegs 2017-18 soybean crop at 9.15 million tonne, down 20% YoY.
The Soybean Processors Association of India has estimated 2017-18 (Oct-Sep) soybean output at 9.15 million tonne, down from 11.49 million tonne a year ago. Soybean production fell in the country primarily because of a decline in yield and low acreage in key growing states of Madhya Pradesh and Maharashtra. The association pegged the yield in Madhya Pradesh this year at 905 kg per ha, down from 1,058 kg per ha a year ago. In Maharashtra, the yield was seen at 925 kg per ha against 1,102 kg per ha in the previous year. The oilseed’s production in Madhya Pradesh was estimated at 4.54 million tonne, down from 5.72 million tonne a year ago. Soybean crop in Maharashtra was pegged at 3.19 million tonne compared with 3.95 million tonne last year.
CBOT wheat low on ample supplies, crop-friendly US weather.
CBOT wheat low on ample supplies, crop-friendly US weather.
MCX CPO futures extend gains on festival demand.
Futures contracts of crude palm oil extended gains for the second straight day on the MCX due to demand for the tropical oil ahead of Diwali. Gains in soyoil contracts on the CBOT too supported crude palm oil prices on the domestic bourse. The most-active October contract of crude palm oil on MCX was up 0.5% from the previous close.
EU wheat low as Chicago eases and exports lag.
EU wheat low as Chicago eases and exports lag.
NCDEX chana up 1% tracking spot gains.
The chana contracts on NCDEX were up over 1% tracking gains in the local market. The most-active chana November contract was up 1.1% from the previous close.
Iraq says to grow around 1.6 Mha of wheat in 2017-18 vs 1.6 Mha in LY.
Iraq says to grow around 1.6 Mha of wheat in 2017-18 vs 1.6 Mha in LY.
NAFED to auction 6,353 tonne urad via NCDEX e-Markets.
The National Agricultural Cooperative Marketing Federation of India has offered 6,353 tonne of urad for auction through NCDEX e-Markets. The pulse is stocked at Central Warehousing Corp and other godowns in Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Gujarat, and Maharashtra.
CBOT wheat down 1% on poor demand for US grain.
CBOT wheat down 1% on poor demand for US grain.
Govt is said to plan domestic sale of pulses to prevent rotting.
India is likely to sell about 1 million tonnes of pulses domestically to avoid its stockpiles rotting in warehouses. The government is attempting to sell the reserves in the open market and to some states and organizations such as railways and defence forces.
NCDEX coriander down after prices hit 1-week high.
NCDEX coriander down after prices hit 1-week high.
Indore wheat down on poor demand for domestic grain.
Indore wheat down on poor demand for domestic grain.
MCX cotton up 1% tracking gains in ICE cotton.
MCX cotton up 1% tracking gains in ICE cotton.
USDA pegs India 2017-18 rice output at 107.5 MMT, down 2.4% YoY.
USDA pegs India 2017-18 rice output at 107.5 MMT, down 2.4% YoY.
All-India cotton arrivals at 44,000 bales on Oct 06.
All-India cotton arrivals at 44,000 bales on Oct 06.
Tur down in Akola as govt may sell stock at low rate.
Tur prices fell in Akola due to concerns over start of sale by the government at lower rates amid expectations of higher yield of the pulse this season.
USDA said private exporters sold 195,000 MT of U.S. corn to unknown destinations for delivery in the 2017/18 marketing year that began Sept. 1.
USDA said private exporters sold 195,000 MT of U.S. corn to unknown destinations for delivery in the 2017/18 marketing year that began Sept. 1.