The National Agricultural Cooperative Marketing Federation of India has offered 385.30 tonne of moong, 23.75 tonne urad, and 3.39 tonne of tur for auction through NCDEX e-Markets. The moong, urad, and tur being offered are stocked at warehouses in Andhra Pradesh, Uttar Pradesh, and Telangana, respectively.
Iran’s SLAL tenders for 200,000 MT corn.
Iran’s SLAL tenders for 200,000 MT corn.
India Jul pulses import at Chennai port down 23% on M-O-M at 57,048 tonne.
Import of pulses at Chennai port fell 22.7% on month to 57,048 tonne in July. Imports of pulses declined in July as domestic prices were lower compared with those in global markets. Demand from millers was also subdued in July which led to the fall in imports. The decline in imports was led by a sharp fall in shipments of tur, moong and urad.
Korea corn processing industry association purchased about 55,000 MT corn.
Korea corn processing industry association purchased about 55,000 MT corn.
Delhi chana at 4 months high on urad, moong import curbs.
Prices of chana in Delhi rose to a four-month-high of 5,900 rupees per 100 kg, following the government move to cap the import of urad and moong at 300,000 tonne a year. On the NCDEX, the most-active September contract was up 1.7% from previous close. Prices in both markets Delhi and Bikaner were up 150-200 rupees.
EU crop monitor raises 2017 maize yield forecast.
EU crop monitor raises 2017 maize yield forecast.
Tur up in Akola as govt caps imports of urad, moong.
Prices of tur in the benchmark market of Akola, Maharashtra, rose due to improved sentiment. Arrivals were at 700-800 bags (1 bag = 100 kg), down from 1,000 bags on previous close. The price up of lemon tur in Mumbai.
Punjab CM sees state’s rice production 2017-18 up 44% at 18.2 MMT.
Punjab CM sees state’s rice production 2017-18 up 44% at 18.2 MMT.
Urad, moong up 300-500 rupees/100 kg on import curbs.
Prices of urad and moong rose 300-500 rupees per 100 kg in key markets after the government capped imports of the pulses at 300,000 tonne a year. The government has imposed restrictions on import to support prices, which continue to remain below the minimum support price.
NCDFI to buy 7,300 tn de-oiled rice bran.
NCDFI to buy 7,300 tn de-oiled rice bran.
CANADA DURUM WHEAT AUGUST OUTLOOK:
CANADA DURUM WHEAT AUGUST OUTLOOK:
India rice procurement for 2016-17 is 38.73 on 18 aug MMT vs 34.12 MMT in LY.
India rice procurement for 2016-17 is 38.73 on 18 aug MMT vs 34.12 MMT in LY.
CANADA Wheat (excluding durum) AUGUST OUTOOK:
CANADA Wheat (excluding durum) AUGUST OUTOOK:
NCDEX coriander ends 1% down due to profit booking.
NCDEX coriander ends 1% down due to profit booking.
Russian wheat prices fall, tracking lower global benchmarks.
Russian wheat prices fall, tracking lower global benchmarks.
All-India cotton arrivals steady at 3,200 bales as on 21 august.
All-India cotton arrivals steady at 3,200 bales as on 21 august.
Japan offers to buy 133791 tonnes of food wheat via tender.
Japan offers to buy 133791 tonnes of food wheat via tender.
Rajkot Oilseed Complex.
Edible oil prices were steady to firm in the early trades. Groundnut oil prices were steady due to restricted buying and selling. Cottonseed oil firmed up due to retail demand. Palm olien improved due to thin supply.
German wheat harvest hit by rain, worry about quality loss.
German wheat harvest hit by rain, worry about quality loss.
Food Secretary says no plans to allow duty-free sugar imports as of now.
The government has no plans to allow duty-free import of sugar as of now, Food Secretary Preeti Sudan said. Sugar production in the country fell to a seven-year low of 20.4 million tonne in 2016-17 (Oct-Sep). In April, the government had allowed duty-free import of 500,000 tonne of raw sugar until Jun 30 to shore up domestic supplies and keep prices in check. Earlier this month, Food Minister Ram Vilas Paswan had said that domestic sugar supply remains comfortable.