Romania/Barley exports were two times lower y/y.
Ram Gopal Yadav (9 years ago)

In Dec 2016 Romania exported 47 KMT of barley compared to the record shipments for this month observed in December 2015– 130 KMT and almost all December volume was shipped to Israel– 25.5 KMT and Syria– 13 KMT. Thus, the beginning of 2016/17 (July-December) Romania exported 722 KMT of barley, which was almost two times lower than over the same period last season (1401 KMT) due to the lower demand from key importers. Shipments decreased in all key export destinations. Saudi Arabia, Libya, Jordan and Tunisia lowered purchases, while shipments to Israel, Spain, Vietnam and Syria increased last season.

Barley prices in Jaipur at 1-week low on high supply.
Ram Gopal Yadav (9 years ago)

Barley prices in Jaipur hit a one-week low as arrivals of the new crop increased and demand from stockists and the feed industry was lacklustre. Arrivals of the new crop estimated at 7,000 bags (1bag=85kg) compared with 5,000 bags. Limited purchases from the malt industry also weighed on prices.

Delhi wheat prices unchanged due to high demand, supply
Ram Gopal Yadav (9 years ago)

Wholesale prices of wheat in the key market of Delhi were largely unchanged as both demand from millers and supply from the govt. were high. Govt sold around 16,000 tonne wheat in Delhi under the Open Market Sale Scheme. Govt will conduct the last open market sale of 2016-17 (April-March) on March9 as the procurement season starts in Madhya Pradesh and Rajasthan by mid-March.

Egypt raises supply price of wheat for the 2017 crop season.
Ram Gopal Yadav (9 years ago)

Egypt raised the supply price of wheat it will buy from farmers from mid-April to mid-July depending on the quality of the crop. Second time the country has increased the supply price for wheat in the past five months. Wheat harvest season starts in May. In November 2016, immediately after the country floated its currency and cabinet increased the prices of purchasing wheat from farmers to support local producers.

NCDEX barley down tracking weakness in spot market.
Ram Gopal Yadav (9 years ago)

Futures contracts of barley fell on the NCDEX tracking key spot markets in Jaipur. Prices of barley fell in Jaipur because of increased arrivals amid lacklustre demand from stockists and feed sector. Arrivals of the new crop were pegged at 5,000 bags (1bag=85kg) compared with 4,000 bags.

Philippines estimates rice import requirement at 800,000 MT.
Ram Gopal Yadav (9 years ago)

National Food Authority (NFA) is looking to import around 800,000 metric tons (MT) of rice this year under a government-to-government arrangement to cover the lean months in the third quarter. Critical stock levels of the staple grain in government warehouses and inventory in government warehouses was 400,000 MT. Stocks have thus fallen below the buffer stock the agency is mandated to maintain. Some places will have very tight supply by April and May. By end of June, the NFA’s buffer stock will be short so there is approval of the 250,000 MT importation which need to utilize by June this year and the remaining standby volume to cover the gap in buffer stock requirement. Of this total, only 250,000 MT has been activated with the top exporting countries, Vietnam and Thailand, clinching the bid.