Chana prices went up by 2 per cent to Rs 4,641 per quintal in futures trade, driven by rising demand at the spot market. At the National Commodity and Derivatives Exchange, Chana for November moved up […]
Madhya Pradesh govt aims to procure 534,000 tn of kharif pulses.
The Madhya Pradesh government aims to procure 534,000 tn of pulses comprising urad, moong and tur harvested in the 2018-19 (Jul-Jun) kharif season at the minimum support price. Procurement is underway from registered farmers in different […]
Drought seen impacting kharif pulses
After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of […]
India’s sugar output may fall 7.4% due to drought in key growing areas
India is likely to produce 7.4 per cent less sugar than forecast earlier as mills are reporting a sharp drop in sugarcane yields due to a drought and white grub infestations in key growing areas, a senior industry official told […]
Soybean output may go up to 110 lakh tonne on high acreage
The country’s soybean output is likely to touch 105 lakh tonne-110 lakh tonne due to an increase in acreage in addition to conducive weather conditions, industry associations said. “If we take the average production of the […]
India Apr-Sep basmati rice exports 2.08 mln tn, down 2% on year.
Export of basmati rice fell marginally to 2 mln tn, while overseas sales of non-basmati rice declined by 13% to 3.7 mln tn.
Govt Nov 1 rice stock 16.3 mln tn vs 14.0 mln tn year ago.
The government had 16.3 mln tn rice in its stock as of Nov 1, against 14.0 mln tn a year ago, and 18.6 mln tn as on Oct 1. At the beginning of November, total food […]
EU wheat ends lower as firmer euro heightens export concerns.
European wheat prices were slightly lower after a rise in the euro against the dollar added to concerns about the sluggish pace of exports. Benchmark December milling wheat on Paris-based Euronext closed 0.25 euros down at […]
Govt wheat inventory at 33.1 mln tn as of Nov 1, up 38.5% on year
The government had 33.1 mln tn of wheat in its central pool as of Nov 1, up from 23.9 mln tn in the year-ago period. The nearly 10-mln-tn rise in stocks is primarily because of robust […]
India Wheat prices edge higher.
Front-month November futures contract of wheat on the National Commodity and Derivatives Exchange ended higher taking cues from slight rise in spot prices in key Delhi market. The contract had risen to a record high of […]
India Apr-Sep pulses export jump 131% to 171,656 tn, wheat down 56%.
India exported 171,656 tn of pulses in Apr-Sep, up a whopping 131% on year, while wheat exports during the period fell 56% on year to 67,767 tn.
New Maize purchase policy in Uttar Pradesh
The Uttar Pradesh government has announced new purchase policy for maize during the Kharif season for 2018-19 in the state . The decision as taken in the state cabinet meeting. Purchase rate of maize has been […]
India maize remain steady
Prices of maize in Davangere, a key market in Karnataka, remained steady at 1,100-1,440 rupees per 100 kg. Around 2,000 bags (1 bag = 100 kg) of new maize crop arrived in Davangere. Demand from bulk […]
Palm pares some losses on lower-than-expected Oct inventory levels
Malaysian palm oil futures pared some losses on Monday during the second half of trade, as official data showed lower-than- forecast inventory levels, but still ended lower after falling as much as 1 percent. The benchmark […]
Brazil soy exports to surpass 80 mln tonnes in 2018 on Chinese demand
Brazilian exporters are forecast to sell a record volume of soybeans this year as China’s appetite for the oilseed remains strong amid a trade war with the United States, according to traders and shipping data on […]
Russia’s grain exports surge more than 54% this year.
Exports of Russia’s wheat and meslin flour expanded by 54.3 percent from January through September of 2018 against the same period a year ago. In September alone, the value of grain exports increased by 1.4 percent […]
EU wheat prices ease as export demand remains weak.
European wheat prices were slightly lower as sluggish export demand and weakness in Chicago grain futures kept the market on the defensive. December milling wheat on Paris-based Euronext was 0.50 euros lower at 199.50 euros a […]
UP govt to buy coarse grains, brings maize under institutional procurement.
To realize its plan to promote them, along with major cash crops such as paddy, wheat and sugarcane, the Yogi Adityanath government has decided to procure coarse grains as well from the state’s farmers. The government […]
India’s sugar exports hit by falling prices; govt offers transport subsidy
India’s sugar exports have come to a standstill after a sharp fall in prices in the last two weeks. Raw sugar prices in the benchmark Chicago Mercantile Exchange (CME) for near-month delivery declined by 4 per cent on Monday, trading […]
Soya complex rules firm
Amid subdued demand and buying, both soy oil and soybean prices firmed up at the mandis in Indore. Soybean went for ₹3,250-75 a quintal, while plant deliveries fetched ₹3,325 amid weak availability of stock with the crushers. Soya […]