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.
EU Paris wheat futures fell.
Paris wheat futures fell, pressured by a sharp pullback in U.S. prices after a weather-fuelled surge, while European traders continued to assess harvest prospects. December milling wheat, the most active contract on the Paris-based Euronext exchange, settled 2.75 euros, or 1.5 percent, lower at 184.25 euros a tonne. It earlier touched its lowest in almost a week at 183.50 euros, as it moved away from an 18-month high of 189.00 euros hit during the previous session. But Euronext held up better than U.S. futures which shed more than 3 percent in a retreat from two-year highs on previous close.
Tur up in Gulbarga as sowing hit by inadequate rain.
Tur up in Gulbarga as sowing hit by inadequate rain.
China think tank raises 2017 wheat output estimate.
China wheat output larger than previously expected in 2017. It forecast output of 129.9 million tonnes, up 0.8 percent from a year earlier and up slightly from last month’s estimate of 129.2 million.
Madhya Pradesh aims to buy 50% of 2016-17 summer moong crop.
Madhya Pradesh aims to buy 50% of 2016-17 summer moong crop.
India Maize prices rise in Purnea as stocks decline.
Prices of maize in Purnea, Bihar rose as stocks with farmers are declining. The premium quality crop and the low-end variety both prices up 20-30 rupees from previous close. The stock of rabi maize is declining and supplies have also been hit by recent heavy showers. Demand from Telangana, Maharashtra, Madhya Pradesh and Andhra Pradesh also supported the prices.
CBOT soybean futures ease as traders book profits.
CBOT soybean futures ease as traders book profits.