Centre-South Brazil Jul 16-31 sugar output 3.4 million tonne, up 9.5% on year.
Ram Gopal Yadav (9 years ago)

Mills in Brazil Centre-South region produced 3.41 million tonne sugar in the second fortonneight of July, up 9.5% from 3.12 million tonne in the year ago period. Centre-South Brazil accounts for over 90% of the country’s total sugar output and mills in the region crushed 50.74 million tonne cane during Jul 16-31, up 2.6% on year. Between Apr 1 and Jul 31, mills have crushed 297.33 million tonne cane, down 4.7% on year. During the same period, they produced 17.57 million tonne sugar, up 3.5% on year. The Centre-South region also produced 11.57 billion ltr of ethanol during the period, compared with 12.88 billion ltr a year ago. Of the total cane crushed, around 48.4% was used for sugar production, while 51.6% was used to make ethanol.

Egypt has contracted to buy 850,000 T of sugar this year.
Ram Gopal Yadav (9 years ago)

Egypt has contracts to buy 850,000 tonnes of sugar so far, this year, covering the nation needs through January. Egypt typically consumes about 3 million tonnes of sugar a year but produces a little more than 2 million tonnes. The gap is filled by government and private imports, usually purchased between July and October. Egypt state buyer ESIIC is set to hold a purchase tender for 50,000 tonnes of raw sugar for November arrival.

Indore soybean up as govt hikes soy oil import duty.
Ram Gopal Yadav (9 years ago)

Prices of soybean in the key wholesale market of Indore rose as the government raised import duty on crude soy oil to 17.5% from 12.5%. A higher duty may discourage imports. Firm demand for soymeal and soy oil is seen pushing prices higher. Arrivals in Indore were steady.

USDA Predicts Record Soybean Crop.
Ram Gopal Yadav (9 years ago)

A record number of soybean acres planted this spring is projected to produce a record soybean harvest this fall despite challenging growing conditions across large sections of the Midwest. U.S. soybean production was pegged at 4.38 billion bushels, an increase of 2 percent from last year record setting output of 4.3 billion bushels. Harvested acres were projected at 88.7 million acres, up from 83.5 million in 2016. A record number of soybean acres planted this spring is projected to produce a record soybean harvest this fall despite challenging growing conditions across large sections of the Midwest. The large projected crop could shrink due to worsening drought conditions in key soybean growing regions, including Iowa and North and South Dakota. Iowa soybean harvest is projected at 557 million bushels on a per-acre average of 56 bushels. This is down from last year production of 572 million bushels and a 60.5 bushel-per-acre average. Crop conditions have deteriorated in many locations since the USDA completed its yield assessment.

Peas edge up on scattered demand.
Ram Gopal Yadav (9 years ago)

Barring a rise in peas prices on mild demand from retailers, other pulses held steady at the wholesale pulses market in thin trade. Traders attributed the rise in peas prices to scattered demand from retailers.

Prices of pulses led by arhar and gram.
Ram Gopal Yadav (9 years ago)

Spurted by up to Rs 300 per quintal at the wholesale market during the week amid pick-up in demand from retailers, driven by ongoing festive season against restricted arrivals from producing belts. Uptick in demand from retailers in view of festive season against tight stocks position in the market on fall in supplies from growing regions, mainly pushed up arhar, gram, urad and other pulses prices.

Southern Maharashtra Sugar mills not able to start operations before Diwali.
Ram Gopal Yadav (9 years ago)

Sugar mills from southern Maharashtra may not be able to start operations before Diwali, even as the industry and government are preparing for advance sugarcane crushing operations by a month to October to tide over any shortages during the festival season. Mills in the region comprising Sangli, Satara and Kolhapur account for the biggest share in sugar production of Maharashtra, the leading producer in the country. Region gets a few spells of heavy rainfall around Dussehra (which falls on September 30), which makes harvesting difficult due to wet fields. The migrating harvesting labour does not start from their villages before Diwali. Thus, mills from Kolhapur will begin crushing only after Diwali (October 19).

India Sugar weak conditions were seen at the wholesale sugar.
Ram Gopal Yadav (9 years ago)

Weak conditions were seen at the wholesale sugar market in the national capital during the week with prices falling on persistent supplies from mills amid expectations of a cut in import duty by the government to improve availability in the market to meet festive season demand and curb speculative rise.