Shares of sugar companies were trading higher by upto 7% on BSE after the government increased import duty on sugar to 50%, up from 40%, to restrict cheap inward shipments and maintain domestic prices. In past one-week, most the sugar stocks have outperformed the market by gaining in the range of 5% to 22%, as compared to 1.8% rise in the S&P BSE Sensex.
Muchinga ( Zambia ) expects increase in maize production as 0.33 MMT vs 0.23 MMT LY.
Muchinga ( Zambia ) expects increase in maize production as 0.33 MMT vs 0.23 MMT LY.
NCDEX says reports of role in pulses price rigging baseless.
NCDEX has refuted allegations of facilitating the pulses scam in 2015-16 (Apr-Mar).
Punjab govt says no major damage to cotton, paddy due to heavy rains.
Punjab govt says no major damage to cotton, paddy due to heavy rains.
Research body releases 2 new machine-harvestable varieties of chana.
Two new machine-harvestable varieties of chickpea or chana released in Maharashtra and Madhya Pradesh recently, according to a release by ICRI for the Semi-Arid Tropics. The new varieties will help growers address the issue of rising labour costs.
Rice exporters write to Arun Jaitley seeking change in GST norms.
Rice exporters write to Arun Jaitley seeking change in GST norms.
Chana prices tad up in Delhi as demand improves.
Prices of chana rise 25 rupees marginally in Delhi as demand from dal millers improved. Arrivals in Delhi 600 tonne vs 375 tonne. In the key market of Bikaner in Rajasthan, chana prices were unchanged at 5,200 rupees.
Punjab border belt loses basmati aroma as area under sowing falls by 90% in 5 years.
Punjab border belt loses basmati aroma as area under sowing falls by 90% in 5 years.
Tur prices down in Akola on subdued demand.
Prices of tur down 25 rupees in Akola, despite a fall in arrivals, because of subdued demand from dal millers. Arrivals in Akola 50 tonne vs 80 tonne.
Govt source says EU unlikely to ease tricyclazole norm for basmati.
Govt source says EU unlikely to ease tricyclazole norm for basmati.
NAFED to auction 1,185 tonne moong via NCDEX e-Markets.
NAFED offered 1,184.71 tonne of moong for auction through NCDEX e-Markets.
Bangladesh govt gets lowest offer of $430 per tonne in rice import tender.
Bangladesh govt gets lowest offer of $430 per tonne in rice import tender.
Moong down in Jaipur on subdued demand from millers.
Prices of moong were down in the benchmark market of Jaipur because of sluggish demand from dal millers. In Jaipur, moong was sold down 100 rupees from previous close. Higher acreage under the pulse so far is also seen creating bearish sentiment.
EU may lift import restriction on Fukushima rice.
EU may lift import restriction on Fukushima rice.
Soy up in Indore on high meal prices, low supplies.
Prices of soybean in Indore rise by nearly 50 rupees as supplies of the oilseed declined and because soymeal quoted higher. Arrivals in Indore 80 tonne vs 100 tonne.
Wheat prices rise in Delhi, Kota as stocks decline.
Wheat prices rise in Delhi, Kota as stocks decline.
CBOT soybean futures erase all losses, up 0.3%.
Futures contracts of soybean on the CBOT traded higher due to concerns over poor growth of the sown crop amid dry weather in the US. The most active August contract on the CBOT traded at $9.89 per bushel, up 0.3% from the previous close. Futures of the oilseed had declined in the electronic trade because of profit booking by investors, after prices hit a three-month high, and due to a firm dollar against the euro.
French soft wheat exports to India.
French soft wheat exports to India.
India June mustard crushing 550,000 tonne, down 23% on month.
Oil mills in the country crushed 550,000 tonne mustard seed in June, 23% lower from the previous month. Mills had crushed about 712,500 tonne the oilseed in May. Oil mills have crushed about 2.9 million tonne mustard since the start of the crushing season since Feb 15, as against total arrivals of 3.4 million tonne during the period.
EU wheat prices climb as U.S. crop woes boost demand.
EU wheat prices climb as U.S. crop woes boost demand.