Soybean futures edged higher due to improved demand from soymeal exporters, Traders see India’s soymeal exports growing due to rising demand from Iran. active January soybean contract on the domestic bourse was 0.3% higher at 3,373 […]
Sugar output hits 70 lakh tonnes
Over 70.5 lakh tonnes of sugar have been produced till December against 69 lt during the corresponding period of the previous sugar season. where 178 mills are in operation, produced 29 lt, which is 3.30 lt […]
Cyclone Phethai has affected 5,602 farmers, paddy fields destroyed
Andhra Pradesh chief minister N Chandrababu Naidu on previous day informed that 5,602 farmers in East Godavari district have been affected by Cyclone Phethai which made had made landfall in Katrenikona. High-speed winds and heavy rainfall […]
Oilmeal exporters look to tap into Chinese market
Even as the trade truce between US and China appears to fallin place , the Indian oilmeal exporters have still kept high hopes from the Chinese market, which was projected to absorb about 2.5 million tonnes […]
China purchases unknown quantities of US soybeans
Soybean traders are reporting that China is purchasing “unknown quantities” of soybeans. The purchased come on the back of reported sales of 1.1 3 million metric tons previous days and another 300,000 metric tons on previous […]
Cyclonic rains damage paddy.
Across Telangana & Andhra Pradesh. Unseasonal rainfall caused by cyclone Pethai has left farmers in a quandary. Paddy crop in 7,316 hectares under water in AP. Paddy farmers were distraught after their crop which was nearing […]
Rice prices still high.
The Bangko Sentral ng Pilipinas expects the country’s inflation rate in 2019 and 2020 to hit 3.18 percent and 3.04 percent, respectively. As of the first week of December, the average price of regular-milled and well-milled […]
China is buying soybeans again but..
Trump is still paying farmers hurt by tariffs. Soybean growers have been hit especially hard. China, their biggest foreign market, stopped buying US soybeans in July in retaliation for new American tariffs. But China placed a […]
Russian wheat prices jump with global benchmarks, lower supply.
Russian wheat export prices rose sharply last week after global benchmark Chicago wheat futures hit their highest in nearly two months and domestic supply declined due to seasonal factors. Russia, the world’s largest wheat exporter, has […]
Rabi maize area down 9.4% on year at 1.04 mln ha.
Area under rabi maize crop in India was down 9.4% on year at 1.04 mln ha. A fall in area under rabi maize in key growing states of Bihar and Maharashtra pulled down overall acreage. Area […]
Wheat area at 23.4 mln ha, slightly up on year.
Farmers across the country have sown wheat over 23.4 mln ha, 12,000 ha higher from the year-ago period. Wheat acreage so far is sharply lower than the five-year average of 25.4 mln ha for the period. […]
Rabi moong area up 8.2% on year at 182,800 ha.
Rabi moong acreage across the country was up 8.2% on year at 182,800 ha. The acreage, however, was lower than the five-year average of 207,300 ha for the rabi season so far. The area under moong […]
Field pea acreage at 805,600 ha, down 5% YoY.
Area under field pea across the country continued to lag on year due to adverse weather in the largest growing state of Madhya Pradesh. Area under the crop was at 805,600 ha, down 5% on year. […]
Rabi urad area down 11% YoY at 425,700 ha.
Farmers in the country had sown rabi urad across 425,700 ha, down 11% on year. At 425,700 ha, area under the crop is also lower than the five-year average of 465,900 ha for the period. Sowing […]
India rabi lentils acreage down 5% YoY at 1.5 mln ha.
The area under lentils in the ongoing rabi season was at 1.52 mln ha, down 4.9% on year but slightly higher than the five-year average of 1.42 mln ha for the period. The decline in the […]
India chana area down 12.8% on year at 8.4 mln ha.
Farmers in the country have sown chana across 8.37 mln ha, down 12.8% on year. A fall in acreage of the pulse in major growing states of Karnataka and Maharashtra due to drought in key growing […]
Agri commodities index dips 0.19%, onion & potato prices fall
Agri Commodities Index dipped 0.19% to 107.96 during the week ended December 15, 2018, from 108.16 the previous week as onion (down 10.8%) and potato (down 4.73%) extended their falling trend. Pulses and spices also fell […]
Cyclone Phethai skips Chennai, heads towards Kakinada in AP
Cyclone ‘Phethai’ was located on Sunday evening at 510 km away from Kakinada in Andhra Pradesh where it is likely to make a landfall on Monday afternoon. It may briefly intensify as a severe cyclone just ahead […]
Restriction on pulses import – India in stress at WTO meeting at Geneva
At the meeting of the WTO Committee on Agriculture (CoA) that took place in Geneva last month, Australia, in its submission noted that India’s QR of 100,000 tonnes of peas (including Yellow Peas, Green Peas, Dun Peas […]
Domestic vegetable oils taking cues from the bullish global market
Despite weak demand, most of the oils at the mandis in Indore have been trading higher on improved global cues. Soya refined quoted at ₹740-42 for 10 kg, while soya solvent ruled at ₹705-708. Similarly, palm, cotton and […]