ICE Canada canola futures rise on export talk.
India rice down as traders cautious ahead of GST.
Prices of basmati and non-basmati rice also fell in Haryana Karnal market due to weak export demand besides subdued buying. The white sella basmati rice was selling in Karnal, down 100 rupees from previous close and Pusa 1121 steamed rice was selling down 50 rupees. Prices of non-basmati rice were also down as arrival of summer paddy from Uttarkhand and Uttar Pradesh has flooded the market. Arrival of 1509 variety of summer paddy started nearly one week back and so far, 1.5 million bags (1bag=100kg) have arrived in Karnal market.
South Africa Price of white maize falls with glut export markets.
Government crop estimates committee said the size of the expected commercial maize crop was unchanged at 15.6-million tonnes. Of that, 9.5-million tonnes would be white maize and the rest the yellow variety. Industry expectations are for a 4.2-million tonne exportable surplus for both white and yellow maize. About 2-million tonnes will be exported, while the rest of the stocks will carry over to the next marketing year.
All-India cotton arrivals down at 20,000 bales.
Around 20,000 bales (1 bale = 170 kg) of cotton arrived in the major spot markets across the country on Tuesday, compared to 21,000 bales on Monday.
India coffee exports during Jan 1- Jun 27.
The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonnr, up from 327,000 tonnr produced a year ago, but down from previous estimate of 350,000 tn. The board has estimated the output for 2016-17 at 316,700 MT tonnr, down 9% on year.
Mustard seed prices up in Jaipur on bargain buying
Mustard seed prices up in Jaipur on bargain buying
ICE Raw Sugar July contract up at 12.55 vs 12.65 cents/pound (-0.10%).
ICE Raw Sugar July contract up at 12.55 vs 12.65 cents/pound (-0.10%).
All-India cotton arrivals up at 21,000 bales.
Around 21,000 bales (1 bale = 170 kg) of cotton arrived in the major spot markets across the country on Monday, compared to 17,000 bales on Friday.
India coffee exports during Jan 1- Jun 23.
The Coffee Board of India has finalized its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tonne. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.
Sugar up in north India on bargain buys, flat in Maharashtra.
Sugar up in north India on bargain buys, flat in Maharashtra.
Maharashtra traders, stop buying sugar from mills; want Arun Jaitley to clear Rs 124 per quintal credit.
Maharashtra traders, stop buying sugar from mills; want Arun Jaitley to clear Rs 124 per quintal credit.
ICE Raw Sugar July contract up at 12.65 vs 12.61 cents/pound (+0.04%).
ICE Raw Sugar July contract up at 12.65 vs 12.61 cents/pound (+0.04%).
Farmers reduce 34% area under pulses in India.
Farmers reduce 34% area under pulses in India.
India Spot wheat prices fall as traders cautious ahead of GST.
Wheat prices were down in key wholesale markets of the country due to subdued buying ahead of rollout of goods and services tax on Jul 1. In the key Delhi market, mill quality wheat sold down 20 rupees from the previous day and in Kota, the grain was sold down 10 rupees from previous close. The July contract ended down 0.4% from previous close.
Tur acreage falls 70% as farmers switch to other crops.
Tur acreage falls 70% as farmers switch to other crops.
USDA Crop Progress Report Shows Below Expectations on Wheat.
USDA showed crop conditions that were below expectations yet again. Spring wheat continued to see eroding scores hitting 40%, below expectations of 41% which was the reading last week.
Tamil Nadu floats tender to buy 30,000 tn tur, masoor dal.
Tamil Nadu floats tender to buy 30,000 tn tur, masoor dal.
EU wheat drops as French harvest makes good progress.
European wheat prices fell, pressured by good harvest results in France and as the euro rise against the dollar hampered the competitiveness of European wheat on world markets. Front month September on the Paris-based Euronext exchange was down 0.1 percent or 0.25 euro at 171.00 euros a tonne. It had surged during a heatwave in France last week, which raised concern of damage to crops.
Chana down in Delhi as supply up, demand weak.
Chana down in Delhi as supply up, demand weak.
US North Dakota corn bushels from 2016 could affect corn prices.
North Dakota farmers have sold a lot of corn, but the amount of crop left after last year record production could wreak havoc on local prices. The U.S. Department of Agriculture estimated in March that 215 million bushels of corn were being stored on farms in the state.