Rice basmati edges up due to increase in demand.
Ram Gopal Yadav (8 years ago)

Rice basmati prices firmed up at the wholesale grains market following pick-up in demand. Pick-up in demand from retailers against restricted supplies from producing regions, mainly led to the rise in rice basmati prices.

Philippine farm minister says likely no need to import 250,000 T of rice.
Ram Gopal Yadav (8 years ago)

Philippine farm minister expects a bumper rice harvest this planting season, potentially meaning there is no urgent need for the state grains buyer to import 250,000 tonnes of the staple food as planned. The National Food Authority has been looking to import 250,000 tonnes of rice, and wanted the cargo to arrive by end-April to boost thinning stocks ahead of the lean domestic harvest season beginning July.

Jan-Mar recovery may lift India FY17 non-basmati rice exports 3-5%.
Ram Gopal Yadav (8 years ago)

Despite a fall in Apr-Jan, India non-basmati rice export growth may end in the positive territory in 2016-17 (Apr-Mar) due to a pickup in demand since January. The fall in export of non-basmati rice had narrowed to 2.6% in Apr-Jan from 6.5% in the first nine months of the current fiscal. Exports of non-basmati rice have picked up in last two months and overall exports are likely to be 3-5% higher than the previous year. The rise in exports may be due to higher output, growth in demand from African countries, and a rise in prices of basmati rice, market. In the previous year, India had exported 6.37 million tonnes of non-basmati rice, and in Apr-Jan 2016 the exports were at 5.21 million tonnes. India estimated to have produced 102.6 million tonnes of non-basmati rice in 2016-17 (Jul-Jun), up from 96.4 million tonnes a year ago.

Dairy body buys 4,500 tn de-oiled rice bran.
Ram Gopal Yadav (8 years ago)

National Cooperative Dairy Federation of India bought 4,500 tonnes of de-oiled rice bran in three lots through an online auction. The dairy body also bought 200 tonnes of polished rice through the auction. Both purchases were made on behalf of the Karnataka Milk Federation. The National Cooperative Dairy Federation of India, which has nearly 200 dairy cooperatives as its members, has developed an online trading platform to purchase feed stock and sell dairy products.

Barley exports down 23% from last year in Kazakhstan.
Ram Gopal Yadav (8 years ago)

Kazakhstan barley exports turned down in 2017 and 89.8 KMT of this commodity was shipped for export against 148 KMT 2016 (down almost 40%). Thus, Kazakhstan exported 27% less barley in the five months of the current season compared to the same period a year ago (445 KMT against 609 KMT in September-January 2015/16). Iran remains the top market for Kazakh barley with an export share reaching 90%. Shipments of Kazakhstan barley continue to the US market in which U.S. imported 18.5 KMT of barley from Kazakhstan that is almost twice as much as last season. In Kazakhstan, total barley harvest in net weight was 3.2 MMT in 2016, or 18.5% more than in 2015.

Low demand weighs on barley prices in Jaipur.
Ram Gopal Yadav (8 years ago)

Barley prices were down in Jaipur because of subdued demand from feed sector and stockists amid rising arrivals of the coarse grain. New crop arrivals of barley were estimated at 170,000 bags (1bag=85kg) compared with 150,000 bags. Supply of barley has been on a rise because new crop arrivals have gained pace. Barley inventories at warehouses more than doubled to 222 tonnes from 101 tonnes the previous day.