The National Cooperative Dairy Federation of India on Friday bought 1,500 tonne de-oiled rice bran at 1,485 rupees per 100 kg and 300 tonne rice polish at 1,826 rupees through an online auction. The dairy body also bought 600 tonne maize at 1,755 rupees per 100 kg through the auction.
Pakistan govt likely to allow exports of additional 0.6 MMT sugar.
Pakistan govt likely to allow exports of additional 0.6 MMT sugar.
India Wheat prices up in Kota, fall in Delhi spot market.
Wheat prices rose by 5 rupees per 100 kg in Rajasthan Kota market due to improved buying from private companies as they anticipate a fall in arrivals leading to higher prices in coming days. About 8,000-10,000 bags (1bag=100kg) arrived in the Kota market, nearly half of the 20,000 bags during the peak season. Mill quality wheat was sold down 20-30 rupees from previous close.
Chana prices steady in Delhi, Bikaner on low demand.
Chana prices steady in Delhi, Bikaner on low demand.
U.S. wheat rose for a fifth consecutive session.
CBOT wheat futures rose 0.2 percent to $4.73-1/4 a bushel, having closed up 1.2 percent when prices hit a high of $4.75-3/4 a bushel, as concerns over French and U.S. production due to unfavourable weather pushed prices to a near one-year high.
Tur prices down in Akola on muted demand.
Tur prices down in Akola on muted demand.
NCDEX maize up 1% taking cues from spot markets.
Futures contracts of maize on the NCDEX rose nearly 1%, taking cues from gains in major spot markets. August contract of maize up 0.7% from the previous close. The July contract also traded 0.8% higher. In Bihar benchmark market of Purnea, good quality maize and poor quality maize both up 10-20 rupees from previous close. Prices rose in Purnea as monsoon, which had hit parts of the state on Friday, hampered supply of the grain in markets. Around 300-400 tonne of maize arrived in Purnea, down from 500 tonne brought on previous close.
STC invites bids for sale of 4,765 tn imported urad.
STC invites bids for sale of 4,765 tn imported urad.
Ship with 660,000 bags of china maize docks at Mombasa port.
155,000 bags of relief rice from China using the standard gauge railway cargo train at the port of Mombasa, Devolution and Planning Cabinet Secretary Mwangi Kiunjuri said the government is expecting another ship carrying 829,400 bags of maize to dock at the port. The government also witnessed the start of the transportation of food by another SGR cargo train on Tuesday, which had 90 containers of 45,000 bags of rice to Nairobi, in addition to that of 50 trucks each carrying 500 bags of rice to other parts of the country.
Canada green peas stays steady at C$ 8 to 8.75 per Bushel.
Canada green peas stays steady at C$ 8 to 8.75 per Bushel.
Kenya SGR cargo trains to ferry cheap maize.
Cargo trains start ferrying goods from Mombasa to Nairobi earlier than planned to ensure subsidised maize reaches the market on time amid a shortage of flour. The standard gauge railway (SGR) cargo trains on the new railway were supposed to start trips in January next year but the current development see them commence operations much earlier to save millions of Kenyans who have been grappling with the shortage of subsidised flour that is going for Sh90 for a two-kilogramme packet.
Indore soybean prices up on MSP hike, higher demand.
Indore soybean prices up on MSP hike, higher demand.
USDA Madagascar 2017/18 rice production down 0.2 MMT from last year.
USDA Madagascar 2017/18 rough rice production is estimated at 3.5 million metric tons, down 0.2 MMT from last year. The estimated output is below the 5-year average due to a severe drought in the central and northern regions of the country where nearly 80 percent of Madagascar rice is grown. Area is estimated at 2.2 million hectares, down 0.2 million hectares from last year due to the drought. Seasonal rainfall during the first half of the rice growing season (November 2016 through February 2017) was the lowest in the past 36 years. The drought in the central and northern parts of the country reduced planting and significantly reduced yields.
CBOT soybean up despite favourable weather in US.
CBOT soybean up despite favourable weather in US.
Australia cuts sugar harvest outlook after Cyclone Debbie destroys crops.
Australia cuts sugar harvest outlook after Cyclone Debbie destroys crops.
Iran exports 35,000 tonnes of wheat to Oman.
Iran exported a 35,000 tonne cargo of wheat to Oman. For the time being only one cargo of milling wheat has been traded to Oman. because Iranian wheat is not graded, and with the current low prices of wheat from other more attractive origins, it is very unlikely that Iran able to sell more significant volumes.
Kenya Sugar production in the first four months of the year dropped by 28% compared with LY.
Kenya Sugar production in the first four months of the year dropped by 28% compared with LY.
US Wheat jumps 1.1 % as U.S. crop condition declines.
Chicago wheat futures rose more than 1 percent, with prices underpinned by a further decline in the condition of the U.S. spring crop following weeks of dry weather. USDA rated 41 percent of the U.S. spring wheat crop as good-to-excellent, down from 45 percent a week earlier. Winter wheat the good-to-excellent rating stood at 49 percent compared with 50 percent a week ago and below last year 61 percent.
Chana prices down in Bikaner; unchanged in Delhi.
Chana prices down in Bikaner; unchanged in Delhi.
European wheat high as heatwave fans crop concerns.
European wheat futures rose to their highest in nearly a year as growing concerns about the impact on crops of a heatwave in France added to support from a weather rally on the U.S. market. December milling wheat, the most active contract on the Paris-based Euronext exchange, was up 2.75 euros or 1.5 percent at 180.00 euros ($200.95) a tonne. Front-month September also touched its highest since last July, adding as much as 4 euros to 177.50 euros.