Prices of wheat in spot markets remained steady today due to better demand amid higher arrivals, traders said. In the key market of Kota, Rajasthan, the food grain was quoted largely steady at 1,980-2,000 rupees per 100 kg, they […]
India’s sugar output may drop next year as drought cuts cane planting
India’s sugar production could fall in 2019/20 as farmers are struggling to plant cane because of a drought in two of the country’s top producing states, according to multiple industry officials and traders. “Many farmers couldn’t […]
Mustard area is increasing by 6.5% at 6.7 mln ha this year in India
India’s mustard acreage is likely to rise 6.5% on year to 6.7 mln ha in 2018-19 (Jul-Jun), as per the average of the estimates of 10 key edible oil companies and two brokerage houses. The likely rise is seen […]
India’s 2019 wheat output could fall due to warm winter this year
India’s wheat production could fall in 2019 from record output this year as lower moisture levels and higher temperatures in key growing regions are threatening yields of the winter-sown crop. A drop in output could lift […]
Warm Winter Has Started to Affect Crops in Rain-deficit Regions of Maharashtra
Farmers in some parts of Maharashtra are feeling the heat of a delayed winter, which may affect the rabi crops such as gram, tur and wheat. Less rainfall this year has already begun to affect sowing and […]
India’s 2019 wheat output could fall due to scanty rains
India’s wheat production could fall in 2019 from record output this year as lower moisture levels and higher temperatures in key growing regions are threatening yields of the winter-sown crop. A drop in output could lift […]
Edible, non-edible oils end flat in thin trade in last week
There was not much activity at the wholesale oils and oilseeds market in last week in the national capital as prices by and large moved in a narrow range in limited deals and pegged at last […]
India Edible Oil eases, soybean ends 2% lower taking CBOT cues
Futures contracts of all components of the edible oil basket edged lower on domestic exchanges today. Futures contracts of soybean on the National Commodity and Derivatives Exchange settled nearly 2% lower in line with weakness in […]
Global edible oil prices down 11-25% YoY on lower India demand: SEA
According to Solvent Extractors Association (SEA), reduced demand by India and depreciation of the rupee have led to fall in international prices of edible oils by 11% to 25% during past one year. During the oil […]
Brazil Soy Planting 82% Complete – which is up 11% for the week and continues to be a record fast planting pace.
The weather in Brazil remains favorable for planting and crop development. The forecast is calling for heavier rainfall in eastern and northeastern Brazil, which may delay the last soybean planting in the region, but barring some […]
2018-19 Argentina Soybeans 22% Planted
The weather thus far in Argentina during the spring planting has been erratic. It started off dryer than normal with late season frosts and then earlier last week, some areas of central Argentina received 8-12 inches […]
Crop update – India Rabi crop coverage down by 7 % on low coarse cereal planting
Barring oilseeds planting of most crops lower than this week last year As a shadow of drought lingers over different parts of the country, rabi sowing data released by the Agriculture Ministry on Friday show a […]
IGC trims 2018/19 world corn forecast on lower US output.
An improved crop outlook in Ukraine is expected to mostly offset lower output from the United States, with the International Grains Council on Thursday only slightly lowering its global corn production forecast for the 2018/19 season. […]
Maize prices up in spot markets.
The talk to boost supplies by way of imports have gathered pace and Industry is now looking out for manner to get supplies in time. Poultry and starch Industry is looking to reach govt for the […]
Chana, jeera down on muted demand.
Chana prices declined by 0.53 per cent, to Rs 4,700 per quintal in futures trade after participants reduced their exposure amid subdued demand at spot market. Profit-booking at higher levels also weighed on the sentiment. Trimming […]
Groundnut, sesame seed exporters seek 10% sops
Exporters of groundnut and sesame seeds have urged the Union government to provide 10% incentive under the Merchandise Exports from India Scheme (MEIS) to boost the export to China and the European Union (EU) Exporters of […]
Chinese market brightens prospects for mustard
Prices rule above MSP as trade sees near-normal sowing AHMEDABAD, NOVEMBER 21 As market prices of mustard rule above minimum support price (MSP) levels, the planting of rapeseed-mustard is set for a healthy growth this rabi […]
India set to produce biggest sugar producer in the world
Brazil, traditionally the world’s top sugar producer, could cede the crown to India for the first time in 16 years. Production in the South Asian country could hit a record 35.9 million tonnes this season, according to the […]
Crude Palm Oil: Nears a crucial support
Crude Palm Oil (CPO) prices have been on a free fall over the last few weeks. The CPO futures contract on the Bursa Malaysia Derivatives Exchange has declined below the psychological level of MYR 2,000 per […]
India’s soymeal conundrum
Stepped-up demand from the poultry industry has led to higher soymeal consumption in India, a trend that is expected to continue over the next several years, according to a new report from Rabobank entitled, “Outlook of […]