Moong and gram rises in India due to pick up in retailer demand.
NCDEX coriander hits upper limit on improved buying.
Futures contracts of coriander on NCDEX hit 3% upper limit, tracking spot markets where improved buying lifted prices. The most-active July contract was at 5,040 rupees per 100 kg, up 2.25% from the previous close. Supply in Rajasthan was 4,000 bags (1bag=40kg), almost unchanged from previous close. In Kota, Rajasthan, the Badami variety was sold at 5,600-5,800 rupees per 100 kg, while the Eagle variety was quoted at 5,800-6,000 rupees, both up by 200 rupees from previous close.
India kharif oilseed 2017-18, sowing 1.124 mln ha up 55.50% vs 0.723 mln ha LY as on 23 June.
India kharif oilseed 2017-18, sowing 1.124 mln ha up 55.50% vs 0.723 mln ha LY as on 23 June.
All-India cotton arrivals down at 21,100 bales.
Around 21,100 bales (1bale=170kg) of cotton arrived in the major spot markets across the country on Thursday, compared to 22,200 bales on previous close.
India soybean 2017-18, sowing 0.567 mln ha up 88.18% vs 0.301 mln ha LY as on 23 June.
India soybean 2017-18, sowing 0.567 mln ha up 88.18% vs 0.301 mln ha LY as on 23 June.
Chana prices fall in Delhi on subdued demand.
Chana prices fall in Delhi on subdued demand.
India wheat Price Unchanged.
Futures of wheat, however, traded largely flat during the day and the July wheat contract on NCDEX settled at 1,615 rupees per 100 kg, unchanged from the previous settlement. Prices of wheat in spot markets were also unchanged due to steady demand and supply.
Tur prices dn in Akola, Gulbarga despite low supply.
Tur prices dn in Akola, Gulbarga despite low supply.
Bulgaria prices for new-crop wheat increased $2-3 followed the global trends.
Last week Bulgaria old-crop grain market featured downward price trends. In view of sluggish sales towards the season end, purchase prices for all the staple grains are falling in the domestic market. In the new-crop market, forward wheat prices gain on average $2-3 a week due to global trends, reaching $181-184/MT FOB for 12% protein wheat, August-September delivery. At the same time, no revival is yet observed in sales of new-crop grain.
Pea imports at Mumbai surge in May before stringent fumigation norms.
Pea imports at Mumbai surge in May before stringent fumigation norms.
Japan bought 135,747 tonnes of food-quality wheat.
Japan Ministry of Agriculture bought a total of 135,747 tonnes of food-quality wheat from the United States, Canada and Australia in a regular tender. From U.S. Western White 24,561 tonnes, Hard Red Winter (semi hard) 9,690 tonnes, Dark Northern Spring 35,710 tonnes (protein minimum 14.0 percent), Canada Western Red Spring 31,106 tonnes (protein minimum 13.5 percent) and from Australia Standard White (West Australia) 34,680 tonnes wheat import.
Soybean prices fall in Indore as supply seen rising.
Soybean prices fall in Indore as supply seen rising.
U.S. wheat fell 0.5 percent.
U.S. wheat fell 0.5 percent to extend two-day losses to nearly 2.5 percent, as traders paused a run of recent gains to assess damage from recent unfavorable weather across the United States and Europe. The most active wheat futures on the Chicago Board of Trade fell 0.5 percent to $4.62-1/4 a bushel, having closed down 1.7 percent on previous close.
Soybean down on CBOT as rains support crops in US.
Soybean down on CBOT as rains support crops in US.
Dairy body to buy 3,675 tonnes maize via e-auction.
The National Cooperative Dairy Federation of India buy 3,675 tonnes maize through a reverse electronic auction. The commodity, used as cattle feed, be bought on behalf of the Rajasthan Cooperative Dairy Federation. The National Cooperative Dairy Federation of India, which has nearly 200 dairy cooperatives as members, has developed an online trading platform to purchase feed stock and sell dairy products.
Jaipur mustard down on weak export demand for meal.
Jaipur mustard down on weak export demand for meal.
India Maize prices rise on lower arrivals.
Prices of maize in the key wholesale market of Purnea in Bihar rose due to a fall in arrivals of the crop. The coarse grain was sold up 20 rupees from previous close. Arrivals have fallen as stocks with farmers are depleting and recent rains in the region have hit transportation of the crop to markets. Farmers brought around 700 tonne of maize, lower than 1,000 tonnes on previous close. July maize contract on the National Commodity and Derivatives Exchange was up 0.5% from the previous close.
ICE Canada canola July contract down $1.30 at $505/tn.
ICE Canada canola July contract down $1.30 at $505/tn.
Ukraine increased corn exports two and a half times in May.
Ukraine exported 2654 KMT of corn in May 2017 that is up 36% from April 2017 (1946 KMT) and two and a half times more than in May 2016 (1002 KMT). Ukrainian exporters shipped abroad 18.186 MMT of corn for just nine months of the current season, up 19% from MY 2015/16.
India rice price Unchanged.
Prices of rice were largely unchanged, with the 1121 sella basmati rice sold at 5,800 rupees per 100 kg in Delhi and the 1121 steam non-basmati variety priced at 6,500 rupees in Taraori, Haryana.
