NCDEX coriander dn 1% on weak export, high supplies.
Chana prices down in Delhi, Bikaner on low demand.
Prices of chana were down in Delhi on subdued demand despite ongoing festive season. Expectations of higher sowing this season amid lower demand is seen creating bearish sentiments. Tracking the trend in the spot market, chana futures on the NCDEX hit the 3% lower circuit.
CBOT corn edges higher on technical buying.
CBOT corn edges higher on technical buying.
Karnataka growers disagree with Coffee Board estimate of bumper crop .
Karnataka growers disagree with Coffee Board estimate of bumper crop .
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.
Cotton Outlook sees 2017-18 US output at 10-year high of 4.5 MMT.
Cotton Outlook sees 2017-18 US output at 10-year high of 4.5 MMT.
India sugar industry overestimated October output.
India sugar output in October is likely to achieve only 40 per cent of the earlier assured quantity. Most mills in UP are now looking to start the crushing season by the last week of October, anticipating a labour shortage ahead of Diwali. With bumper cane availability, the UP government estimates a 10 per cent rise in output this season at 10 million tonnes (mt), a fourth of India’s overall sugar production estimate of 25.1 mt for October 2017-September 2018. Sugar mills in Maharashtra are planning to start the new season from November 1. The delay was aimed to avoid problems in harvesting of cane due to heavy rainfall in September which left fields muddy. Also, actual maturing of cane takes place in October and November.
Ukrainian corn producers eye price recovery in November.
Ukrainian corn producers eye price recovery in November.
India Sugar up in most spot markets as demand rises ahead of Diwali.
Prices of sugar rose in most key wholesale markets of the country due to higher demand ahead of the festival of Diwali. Sugar prices rose in Mumbai as well, as transportation charges have increased due to lack of vehicles. Traders are bullish on sugar prices in the near term due to expectations of further rise in demand from bulk buyers such as sweets makers ahead of Diwali, which celebrated on Oct 19 this year.
Maharashtra commences paddy procurement, to continue until Mar 31.
Maharashtra commences paddy procurement, to continue until Mar 31.
ISMA says Oct sugar output seen down as Maharashtra defers crushing.
Sugar output in the country in October is seen at around 300,000-350,000 tonne, lower than 800,000 tonne pegged earlier, as mills in Maharashtra have deferred cane crushing operations to Nov 1.
India basmati prices up in spot on firm demand, low supply.
India basmati prices up in spot on firm demand, low supply.
Haryana aims 1.1 MMT rabi oilseeds in 2017-18 vs 945,000 MT yr ago.
FAO ups 2017-18 global wheat output view by 1.3 MMT to 750.1 MMT.
FAO ups 2017-18 global wheat output view by 1.3 MMT to 750.1 MMT.
NCDEX coriander hits 3% upper cap on short covering.
NCDEX coriander hits 3% upper cap on short covering.
NCDEX soybean down for 5th day on new crop arrivals.
Soybean contracts on the NCDEX declined for the fifth consecutive trading day, as spot prices fell due to a pick-up in arrivals of the new crop. Arrivals of the new crop in spot markets of Madhya Pradesh pegged at 100,000-125,000 bags (1 bag = 100 kg), up from 90,000 bags on oct 04.
Prairie wheat bids dip with U.S. futures.
Prairie wheat bids dip with U.S. futures.
Rajasthan farmers told to sow chana after Oct 15.
Rajasthan farmers told to sow chana after Oct 15.
CBOT soybean up as rains delay harvest in US.
Futures contracts of soybean rose on the CBOT due to delay in harvest in the US following heavy rainfall in the Midwest which is the a key soybean-growing region. Prices up for the second day also because investors continued to cover short positions after contracts hit a three-week low.