Barley prices rise in Jaipur on bargain buying.
Ram Gopal Yadav (7 years ago)

Prices of barley rose in Jaipur because of bargain buying by stockists and feed sector after prices hit a three-week low of 1,390 rupees per 100 kg,. The grain traded up 20 rupees from previous close. In the key market of Jaipur, Lower arrivals along with a rise in demand from the malt industry also supported prices. Arrivals of the new crop were pegged at 90,000 bags (1bag=85 kg), compared with 100,000 bags on previous close.

Flour millers demand rebate on wheat export in Pakistan.
Ram Gopal Yadav (7 years ago)

Pakistan Flour Mills Association (PFMA) has expressed concerns over delay in return of rebate on wheat export and demanded of the federal governments to ensure release of the rebate without any further delay sand save businessmen from bankruptcy. The demand was made in a meeting the association held 9th April with its provincial president Haji Mohammad Yousuf Khan Afridi in the chair. The participants of the meeting said, government was delaying imbursement of rebate on wheat flour exported to Afghanistan that caused huge financial losses to the business community. The subsidy amounting to billions of rupees was given on export of approx. 1.8 million tonnes wheat to Afghanistan every year and demanded of the government to bring more transparency in the rebate process. Authorities should impose ban on sale of existing old stock of wheat, stored at government stores, to ensure availability of good quality of flour in the local market.

Wheat procurement begins in Faridkot.
Ram Gopal Yadav (7 years ago)

Deputy Commissioner, Rajiv Prashar said, to buy 4.65 lakh metric tonnes of wheat this year against the last year 4.49 lakh metric tonnes and also pay money to the farmers within 48 hours after procuring their wheat. All arrangements, including water facility and public toilets, etc have been made. Ensuring that lifting of the crop within 72 hours after its arrival in the market. The procurement will conclude on April 30. Prashar requested farmers not to rush their crop to the grain market before properly drying it. Wheat can be procured only at the permissible moisture limit of 12%. A total of six agencies including Pungrain (Punjab Grains Procurement Corporation), PUNSUP (Punjab State Civil Supplies Corporation), Markfed, Agro, Warehouse and FCI (Food Corporation of India) are purchasing the wheat crop here. A total of 68 purchase centres have been opened in the district, including 31 in Faridkot city, 16 in Kotkapura, and 21 in Jaitu.

Dairy body to buy 3,000 tonnes de-oiled rice bran.
Ram Gopal Yadav (7 years ago)

The National Cooperative Dairy Federation of India buy 3,000 tonnes of de-oiled rice bran through a reverse electronic auction. The commodity, used as cattle feed, bought on behalf of Karnataka Milk Federation. The federation has nearly 200 dairy cooperatives as its members, has developed an online trading platform to purchase feed stock and sell dairy Products.

Rice prices to rise if imports stopped in Manila (Philippine).
Ram Gopal Yadav (7 years ago)

Rice prices go up if government bans imports of the staple grain. Stopping all rice importation is a dangerous policy that lead to significant shortages and increased rice prices. And it needed to buy 490,800 tons of rice to boost its stockpiles that have fallen below the required level ahead of the July to September lean harvest season.

Rice prices soar amid flash floods Sylhet (Bangladesh).
Ram Gopal Yadav (7 years ago)

Flash floods in the greater Sylhet region have taken its toll on farmers and created a shortage of paddy for small to medium-sized rice mills. The Haor areas in northern Sylhet account for nearly 10% of the total cultivation area of about 4.8 million hectares this year and the flooding has adversely affected about 140,000 hectares. The mills usually stock up near the end of the season, which is not happening this season due to unexpected floods and only the big millers are well stocked with paddy. It all boils down to is a rise in retail prices of coarse rise in Dhaka by nearly 6.5% over a week and there is upward price rise of such rice in other parts of the country.

Barley prices in Jaipur at 3-week low on muted demand.
Ram Gopal Yadav (7 years ago)

Prices of barley in Jaipur hit a three-week low due to muted demand from the feed sector and Stuckists, as well as higher arrivals of the new crop. The grain was sold at down 10 rupees from previous close. Arrivals of the new crop were estimated at 100,000 bags (1bag=85kg), compared with 90,000 bags on previous close. Limited purchases from malt industries also weighed on barley prices.

Barley exports from Russia down 42%.
Ram Gopal Yadav (7 years ago)

In February 2017, Russian barley exports turned down again. So, 103.8 KMT of barley was exported from Russia that month, or down almost 30% from the previous month and two and a half times less than exported in February 2016. In the first eight months of the current season, Russian barley exports were down 42% year-on-year at less than 2.1 MMT against 3.6 MMT in July-February 2015/16. Drops are reported in Russian deliveries to almost all of their destinations. This season, the country only increased exports to Lebanon, Morocco and Syria. At the same time, Russia remains the top supplier of barley to Lebanon. Russian exporters have doubled barley shipments to this market in 2016/17 which have already shipped roughly 128 KMT against 62 KMT for the whole 2015/16 marketing year.

Indian coriander prices start decline on low export demand.
Ram Gopal Yadav (7 years ago)

Indian coriander prices start decline on low export demand, currently Indian coriander offered at USD1200 per MT, facing stiff resistance from Russian & Romania coriander which was traded at USD 500 per tonne. This make lower export down by 21% YOY. Moreover, domestic arrival preasure also weigh on prices. Domestic prices at a level of Rs.6000-6300 per 100 kg would bring India back to export market.