Chana down in Delhi on weak demand, high arrivals.
Ram Gopal Yadav (9 years ago)

Prices of chana fell in Delhi due to a decline in demand from dal millers and a rise in arrivals. On the NCDEX, the most-active October contract traded down 2.4% from previous close. Gram and tur declined sharply in Nagpur on poor buying support from local millers amid increased arrival from producing belts.

Pea yields fall in US as drought in the US Northern Plains.
Ram Gopal Yadav (9 years ago)

Drought problems continue to plague the chickpea crop in Australia. The Australian Bureau of Agricultural and Resource Economics predicts this year’s chickpea production drop by 36 percent. Production is expected to drop by nearly 700,000 tonnes or 45 percent over last year. Lentils are also having a tough time. This year’s harvest is expected to fall by 41 percent to 338,000 tonnes. Drought in the US Northern Plains is cited as one of the key factors behind the drop. The total Canadian pea carryout for the current marketing year is projected to hit 400,000 tonnes, which would surpass the previous estimate of just 50,000 tonnes.

India Sugar selling pressure on mills drags down price in spot markets.
Ram Gopal Yadav (9 years ago)

Prices of sugar fell in key wholesale markets of the country amid increased selling pressure on mills. Prices of medium-grade sugar were down by 5 rupees per 100 kg each in the markets of Delhi and Muzaffar nagar, while they were 10 rupees per 100 kg lower in Mumbai and Kolhapur. Millers quoted lower prices as there was no demand at current price levels and mills have to adhere to stock limits.

Maharashtra cane crop reels under white grub pest attack.
Ram Gopal Yadav (9 years ago)

Sugarcane crop in South and Central Maharashtra, the key growing regions, has suffered extensive damage due to pest attacks, and yields could dip by 10-15 per cent in the twin regions, causing extensive loss to farmers. Crop damage is extensive because of the white grub pest, which attacks the roots of sugarcane. In South and Central Maharashtra, more than 16.85 per cent and 41.25 per cent area has been affected in 2016-17 due to the pest attack. An average 30 to 35 per cent area is affected, which could result in a 10 to 15 per cent loss in sugarcane yield. In Maharashtra, sugarcane has been planted in about 9.5-lakh hectares for the 2016-17 season, higher than the 6.33-lakh hectares in the previous year.

Pakistan govt allows export of 500,000 tonne of sugar.
Ram Gopal Yadav (9 years ago)

Pakistan has allowed export of 500,000 tonne of sugar due to surplus stock in the country. Pakistan is estimated to have produced around 6.2 million tonne sugar this season. The country’s consumption is roughly 5 million tonne, leaving a surplus of 1.2 million tonne. For the 2016-17 marketing year ending September, the country has allowed export of 725,000 tonne of sugar till July, though exports have been below the allocated quota due to low prices globally.