Iraq says to import wheat and rice through direct contracts.
Ram Gopal Yadav (9 years ago)

Iraq Trade Ministry negotiating direct contracts for the import of rice and wheat after multiple failures to secure them through international tenders. Iraq has been struggling to import the grains for its food subsidy programmed after introducing new payment and quality terms that kept traders away from its international tenders. The Central Committee, after a failure of several tenders because of the new mechanisms for contracts, has begun to negotiate with large international companies to contract wheat.

India coffee exports during Jan 1- Apr 12.
Ram Gopal Yadav (9 years ago)

Coffee crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tn produced a year ago, but down from previous estimate of 350,000 tonne. Coffee estimated output for 2016-17 at 316,700 MT tonne, down 9% on year.

Dairy body to buy 150 tonne de-oiled rice bran.
Ram Gopal Yadav (9 years ago)

The National Cooperative Dairy Federation of India buy 150 tonne of de-oiled rice bran through a reverse electronic auction. The commodity used as cattle feed, will be bought on behalf of Indian Immunological. The national federation has nearly 200 dairy cooperatives as its members, has developed an online trading platform to purchase feed stock and sell dairy products.

Over production of rice lead to sharp drop in prices in West Bengal.
Ram Gopal Yadav (9 years ago)

Rice production in West Bengal may reach 173 lakhs million tonnes by 2017-18 from the current level of about 148 lakh MT through increased usage of high yielding varieties, improving soil drainage, spreading rice-fish culture and taking other such measures, apex industry body. This high increase in the production definitely drop in the prices.

US wheat planted area falls to record low.
Ram Gopal Yadav (9 years ago)

U.S. wheat planted area peaked in 2008-09 at 63.2 million acres and U.S. wheat planted area has fallen 27 percent to a projected 46.1 million acres in 2017-18. It will be 16% below the 5-year average of 55.0 million acres. The increased winter wheat planted area by 360,000 acres from January 2017 estimate to 32.7 million acres. The new estimate is still 9% down from 2016-17 planted area. The increase came from hard red winter area, estimated at 23.8 million acres up 2% from the previous projection. Still, HRW planted area will be down 10 percent from 26.5 million acres (10.7 million hectares) planted for 2016-17. hard Red Winter planted area will be down 10% from 26.5 million acres planted for 2016-17. Soft red winter planted area decreased from the previous estimate to 5.53 million acres. USDA expects white wheat acres planted in both winter and spring to reach 4.12 million acres for 2017-18, down slightly from 2016-17.