India govt may hike import duty on wheat to 20-25%.
India should allow GMO to boost lagging soybean yields, US says.
India should allow GMO to boost lagging soybean yields, US says.
End of EU sugar quota signals dip in consumer prices.
End of EU sugar quota signals dip in consumer prices.
CBOT soybean up on short covering.
Futures contracts of soybean marginally up on the CBOT as investors covered their short positions. Contracts fell earlier due to improved sowing operations in Brazil.
Punjab aims 16.6 MMT wheat crop in 2017-18, down 6%.
Punjab aims 16.6 MMT wheat crop in 2017-18, down 6%.
Canada bulk soybean down from 2016.
Canada bulk soybean down from 2016.
Weak rupee against dollar makes imports unviable for India sugar mills.
Weak rupee against dollar makes imports unviable for India sugar mills.
New crop groundnut arrivals begin in Gujarat, prices fall.
Arrivals of groundnut from new crop started in some parts of Gujarat almost a week ago, and prices have fallen below last year level. In the benchmark Gondal market in Gujarat, average daily arrivals of groundnut estimated around 25,000 bags (1 bag = 35 kg), up from 12,000-15,000 bags a year ago.
India wheat steady in spot markets; trade subdued.
India wheat steady in spot markets; trade subdued.
India mustard oil edges up on scattered demand.
India mustard oil edges up on scattered demand.
U.P. govt eyeing 10 MMT of sugar production.
U.P. govt eyeing 10 MMT of sugar production.
India should allow GMO to boost lagging soybean yields, US says.
For India to increase production, it should allow the use of innovative technologies, including GMO. Despite its lofty position in the global rankings, India produces barely a tenth of America’s output of 120m tonnes [of soybean crop], despite a considerably higher population that mainly purchases vegetarian ingredients, and a massive feed market. As a result the country must find ways to boost production and supply.
Brazil wheat crop worries slowing price decline, says Cepea.
Brazil wheat crop worries slowing price decline, says Cepea.
Malaysia CPO up on CBOT cues, low output concern.
Malaysia CPO up on CBOT cues, low output concern.
India coriander hits 3% lower limit on weak export data.
India coriander hits 3% lower limit on weak export data.
Canada bulk soybean down from 2016.
The Canadian Grain Commission (CGC) reports 34,500 metric tons (MT) soybeans were loaded for export through licensed facilities which are required to report to it all grain movement in August, compared to 59,300 MT the same month last year. Of bulk soybeans loaded to for export during the month, 26,700 MT went through Vancouver terminals; 3,300 MT were shipped direct from Prairie elevators; and 4,500 MT were shipped through Bay and Lake ports in eastern Canada. Reviewing shipments by destination for the month, the CGC said 26,700 MT of No 2 Canada soybeans were shipped to China; 4,500 MT of No 2 Canada to Ireland; and 3,300 MT of other grades to the United States.
India govt to offload 700,000 MT pulses from 1.8 MMT buffer stock.
India govt to offload 700,000 MT pulses from 1.8 MMT buffer stock.
India maize steady in spot markets; trade subdued.
India maize steady in spot markets; trade subdued.
India mustard oil edges up on scattered demand.
In restricted activity, mustard oil edged higher on mild local demand. However, other edible and non-edible oils moved in a narrow range in limited deals and pegged at last levels. Some local demand helped mustard oil prices to trade higher.
MMTC to auction tur, urad via NCDEX e-markets on Oct 05.
MMTC to auction tur, urad via NCDEX e-markets on Oct 05.