Romania hot weather may damage corn crops.
Ram Gopal Yadav (9 years ago)

Elevated temperatures (2-4ºС above normal) were observed in the country last week. The average daytime air temperature was within 19-31ºС. Moisture supply available to corn plants (0-100-cm soil layer) is at good and fair levels almost all over corn growing regions. Local shortages are reported in the south-west and south-east. Excessively hot weather (32-35ºС) is expected in the country key growing regions this week. It may damage corn crops.

Paddy acreage up 4.5% on year on good monsoon progress.
Ram Gopal Yadav (9 years ago)

India kharif paddy acreage was up 4.5% on year at 1.67 million hectares due to good progress of monsoon rains across major growing regions. Southwest monsoon rains have been near normal so far and according to the India Meteorological Department, the currents are likely to cover most parts of the country in the next two to three days. Typically, monsoon covers the entire country by Jul 15.

India cotton area 2.47 million hectares up 30% on year.
Ram Gopal Yadav (9 years ago)

Cotton acreage in the country was up 30% on year at 2.47 million hectares as of Thursday, according to sowing data for 2017-18 (Jul-Jun). Attractive returns for the commodity prompted farmers to switch from pulses, especially pigeon pea, in most parts of the country. Progress of monsoon rains in key growing areas also helped in sowing. Gujarat, Maharashtra, Madhya Pradesh, and Telangana are among leading growers of the crop where monsoon is progressing well. The government has targeted to produce 35.50 million bales (1bale=170kg) of cotton in 2017-18 (Jul-Jun), higher than last year 32.58 million bales.

MCX cotton rises on short covering.
Ram Gopal Yadav (9 years ago)

Futures contracts of cotton traded higher on the MCX as investors covered their short positions. The front month June contract had hit a five-month low of 19,470 rupees per bale (1bales=170kg) giving traders an opportunity to buy at lower levels. Expectations of higher output in 2017-18 (Oct-Sep) due to increased acreage across the country pushed prices lower. Gains in cotton futures on the ICE also aided the sentiment. On the MCX, the July cotton contract was at 19,730 rupees per bale (1bale=170kg), up 0.2% from the previous close, while the most-active December contract on ICE was at 67.66 cents per pound, up 0.43%.