Coriander prices fall in Rajasthan as supply surges.
West Australian wheat farmers warned of lower price.
An international grain forecasting expert has warned WA farmers they should not expect higher global wheat prices any time soon. Australian grain growers should watch the Australian dollar closely, as this would have the biggest bearing on their prices next season and beyond. Global wheat prices could decline to a seasonal low this year Record stocks of 546 million tonnes of major grains (wheat/corn/soybeans) meant the world was awash with grain and global plantings were at a record high. The global area harvested last year was 523 million hectares. A massive expansion in plantings in Ukraine, Russia, Brazil and Argentina, was contributing to the oversupply. Russia, the biggest importer of wheat was establishing itself as the world biggest exporter and had another 12 million hectares that could be cultivated.
Rains, hailstorm damage Coriander crops in western Rajasthan.
Rains, hailstorm damage Coriander crops in western Rajasthan.
Delhi wheat prices fall as new crop arrivals start.
Prices of wheat fell in the key wholesale market of Delhi because of high supplies, as the new crop has started arriving from Madhya Pradesh. New crop has started coming to Delhi from Madhya Pradesh, though in small quantities. While traders are largely relying on the grain sold by the govt and arrivals from Madhya Pradesh are adding to the supply. Govt had last week sold 16,000 tonnes of wheat in Delhi through the open market sale tender.
Research leads to revival of rare rice variety in J&K.
Scientists in Kashmir Agricultural University has resulted in the revival of Mushkbudji, an aromatic variety of rice grown only in the Valley. The research of scientists led to the production of the pure line of Mushkbudji rice and the cooperation of over 400 farmers resulted in a relatively large scale production last year which is providing marketing support to the farmers cultivating Mushkbudji. State Agriculture department provided seeds and fertilisers to the farmers for free as part of the scheme to revive the Mushkbudji variety.
Dairy body to buy 250 tonnes de-oiled rice bran.
National Cooperative Dairy Federation of India will buy 250 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. National federation has nearly 200 dairy cooperatives as its member which has developed an online trading platform to purchase feed stocks and sell dairy products.
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%.
Recent rains in north India boost hopes of record wheat production.
Recent rains in north India boost hopes of record wheat production.
Wheat prices rise in Indore, Rajkot as govt buys start.
Wheat prices rise in Indore, Rajkot as govt buys start.
Japan to import 577 tonnes feed wheat via tender.
Japan to import 577 tonnes feed wheat via tender.
Madhya Pradesh sent 5,000 quintals of substandard wheat to Guna for BPL families under PDS.
Madhya Pradesh sent 5,000 quintals of substandard wheat to Guna for BPL families under PDS.
Debut for Black Sea wheat derivatives contract.
Debut for Black Sea wheat derivatives contract.
Barley down in Jaipur on supply surge on weak demand
Barley down in Jaipur on supply surge on weak demand
Recent rains in north India boost hopes of record wheat production.
Recent rains in north India are likely to benefit the wheat crop and improve its yield in most regions, while hail in isolated places in the North may hit the output of Chana and mustard. Rainfall is really good for the crop because after rainfall, temperatures have gone down which are very helpful for standing wheat crop and low temperatures are helping the grain-filling. Rains would benefit the late-sown wheat crop and improve the quality of the grain.
Japan to import 600 tonnes barley via tender.
Japan to import 600 tonnes barley via tender.
Wheat prices rise in Indore, Rajkot as govt buys start.
Wheat prices rose in key wholesale markets of Madhya Pradesh and Gujarat as procurement by the government started and supplies in the market were low. Centre has asked Madhya Pradesh, Gujarat and Rajasthan to start procurement operations earlier than the usual date of April1 due to high supplies and weak prices. Govt purchases prices rise above the MSP in most of these markets. About 3,000-4,000 bags (1bag=100kg) arrived in the market down from 5,000-6,000 bags. In Rajkot, Gujarat, the grain was up from last days. Prices of the grain remained unchanged in Kota, Rajasthan.
Mexico offers zero tariff for rice import.
Mexico offers zero tariff for rice import.
Japan to import 577 tonnes feed wheat via tender.
Japan would import 577 tonnes of feed-quality wheat for livestock use, via a simultaneous buy and sell (SBS) auction. Ministry had sought 120,000 tonnes of feed wheat to be loaded by June 30 and arrive in Japan by Aug. 31 in the tender.
Rice basmati up on rising demand in New Delhi.
Rice basmati up on rising demand in New Delhi.
Madhya Pradesh sent 5,000 quintals of substandard wheat to Guna for BPL families under PDS.
Over 5,000 quintals of substandard wheat mixed with stone, sand grit and mud has been sent to Guna in Madhya Pradesh for distribution among below poverty line (BPL) families through the public distribution system. This wheat is not worth human consumption as pests have also infested it and wheat has been sent to Guna from Jabalpur which stored in a government warehouse. (Source: India today)