Turkish buyers put Russia wheat deals on hold, despite denial of ban.
Govt wheat procurement picks up about 72,955 tonnes bought.
Govt wheat procurement picks up about 72,955 tonnes bought.
Prices of wheat fall in Indore on higher arrivals.
Prices of wheat fall in Indore on higher arrivals.
Saudi confirms purchase of 25 cargoes of feed barley.
Saudi confirms purchase of 25 cargoes of feed barley.
Dairy body to buy 150 tonnes de-oiled rice bran.
National Cooperative Dairy Federation of India will buy 150 tonnes of de-oiled rice bran and 50 tonnes of maize through a reverse electronic auction. De-oiled rice bran and maize are used as feed for cattle. The purchases would be made on behalf of Indian Immunological. The national federation which has nearly 200 dairy cooperatives as its members, has developed an online trading platform to purchase feed stocks and sell dairy products.
NCDEX barley up 1% tracking rise in spot market.
NCDEX barley up 1% tracking rise in spot market.
Rice export behind target, to focus on quality in Myanmar.
The rise of the US dollar value in currency exchange markets is leading to an increase in rice export volumes when compared to the previous financial year. Myanmar rice export has risen by about 25,000 tonnes compared to the export volume in the fiscal year 2015-16, he said. This year’s rice export is likely to go up to nearly 1.5 million tonnes.
NCDEX coriander at 3% upper limit and rain may hit crop.
NCDEX coriander at 3% upper limit and rain may hit crop.
New Punjab govt cancels all tenders issued during Badal regime for wheat procurement
New Punjab govt has cancelled all the labour and transportation tenders issued during the previous Badal regime for the upcoming wheat procurement season, and has invited fresh tenders, while directing the Deputy Commissioners to personally supervise the procurement process beginning April1. After a high-level meeting chaired by CM Captain Amarinder Singh, it was decided that fresh tenders could be submitted till 5 pm on March 24 and would be opened the next day by the respective committees headed by the Deputy Commissioners of the concerned districts. The entire tendering process would be completed by March 31, before the two-month procurement process kicks-off on April1. Mandis had been allotted to six procurement agencies-PUNGRAIN, Markfed, PUNSUP, Punjab State Warehousing Corporation, Punjab Agro Foodgrain Corporation and FCI as per the share allocated to them by the state govt. The agencies would procure, an estimated, 122 Lakh Metric Tonne wheat during this procurement drive.
Barley prices up in Jaipur on demand from stockists.
Prices of barley extended gains in Jaipur due to increased demand from stockists and feed sector. Rise in demand from malt industries due to onset of summer season also lifted the prices of barley. Arrivals of the new crop were estimated at 18,000 bags (1bag=85kg) compared with 12,000 bags. Most-active April contract of barley on the NCDEX was up 0.5%.
NCDEX coriander hits 2-week high on low output.
Futures contracts of coriander on the NCDEX extended gains and hit a two-week high and total output in 2016-17 (Oct-Sep) is seen declining. Good demand for the new coriander crop from the domestic and overseas buyers is also seen pushing prices of the spice higher. Most-active April contract of coriander traded on the NCDEX up 0.9%.
Coriander prices fall in Rajasthan as supply surges.
Prices of coriander fell down in major spot markets of Rajasthan due to a sharp rise in arrivals. Arrivals of coriander in Rajasthan were pegged at 48,000 bags (1bag=40kg) up 19,000 bags. Supply increased sharply because harvest of the new crop is underway in Rajasthan, Gujarat, and Madhya Pradesh.
Rains, hailstorm damage Coriander crops in western Rajasthan.
Hailstorm hit crops in western Rajasthan, including Jaisalmer, Barmer and Jodhpur districts of the state. Weather in the district changed suddenly in the afternoon with clouds turning darker and a sand storm had hit the city which was immediately followed by hailstorm in many places in rural areas and rain, which continued intermittently. Hailstorm flattened the crops in many areas of the district like Phalodi, Osian, Mathania, etc. and the crops of Coriander gram, cumin, mustard, etc., suffered due to hailstorm and rain.
UP wheat farmers face a grim harvest this season.
UP wheat farmers face a grim harvest this season.
West Australian wheat farmers warned of lower price.
West Australian wheat farmers warned of lower price.
Delhi wheat prices fall as new crop arrivals start.
Delhi wheat prices fall as new crop arrivals start.
Research leads to revival of rare rice variety in J&K.
Research leads to revival of rare rice variety in J&K.
Dairy body to buy 250 tonnes de-oiled rice bran.
Dairy body to buy 250 tonnes de-oiled rice bran.
Barley prices up in Jaipur on demand from stockists.
Barley prices up in Jaipur on demand from stockists.
NCDEX coriander hits 2-week high on low output.
NCDEX coriander hits 2-week high on low output.
