An official says the Iranian government needs no more wheat imports thanks to favorable crop harvest and procurement from local farmers at a time of diminishing grain stocks around the world. Largely self-sufficient in wheat a […]
India responding well to US-China trade war: EEPC India
Modi government is responding well to the rising trade tensions between the world’s two largest economies, maintaining a stance that serves the cause of Indian exporters best, realising how critical exports are for the country’s big […]
India’s sugar intake sees steady decline
With 5 crore people suffering from Type-2 diabetes, India is now slowly reducing its sugar consumption and becoming more health conscious. Statistics from the National Federation of Sugar Factories Ltd (NFSFL) show that there has been a drop of at least […]
USA lentils area down by 30%: AAFC
In the US, the area seeded to lentils for 2018-19 is forecast by the USDA at below 0.8 million acres, down almost 30% from 2017-18 due to lower area seeded in Montana. With normal yields and […]
USA dry peas area down by 24%:AAFC
In the US, area seeded to dry peas for 2018-19 is forecast by the USDA to decrease by 24% from last year to 0.9 million acres. This is largely due to an expected fall in area […]
Poor rains to bring down crop outputt
The output of key kharif crops like onion, cotton, sugarcane and oilseeds are likely to fall due to deficient rainfall in many parts of India, including Maharashtra, Gujarat and Karnataka. Production of cotton, soybean and groundnut […]
Exports will reach new high, says commerce secretary
The Central government Monday expressed hope exports would touch an all-time high in 2018-19. Commerce secretary Anup Wadhawan underlined the commitment of the government to address concerns of labour- intensive leather and textiles sectors. “Our exports […]
Algeria tenders to buy nominal 50,000 T milling wheat
Algeria’s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced from optional origins. The tender sought a nominal 50,000 tonnes but Algeria often buys considerably more in its tenders […]
It is possible for India to export around half a million tonnes of rapeseed meal to China and earn around ₹1,000 crore annually – BV Mehta
‘India can earn around ₹1,000 crore annually’ BV Mehta, Executive Director of the Solvent Extractors Association of India, said: “It is possible for India to export around half a million tonnes of rapeseed meal to China and […]
Australian Wheat 2018/19 production down by 0.5 Mln tn:USDA
USDA Estimates 0.50 Million Tonnes Decline In Wheat Production For 2018/19. As per the latest release from United States Department of Agriculture (USDA), the Australian wheat production is forecast at 18 MMT for 2018/19, slightly below […]
EU wheat holds near two-week low as exports remain sluggish
European wheat futures were hovering near the previous session’s two-week low, with tightening global supplies and drought concerns in Europe offset by sluggish exports. December milling wheat on Paris-based Euronext was unchanged at 201.25 euros a […]
Soya declines on bonus issue
With an uncertainty looming large over payment of bonus to soybean farmers by the State government on account of imposition of an electoral code of conduct in the poll-bound Madhya Pradesh, soybean prices in Indore mandis […]
Madhya Pradesh support for below-MSP sales triggers doubt over efficacy
Just before the announcement of the assembly election schedule, the Madhya Pradesh government had announced up to `500 per quintal reimbursement to soyabean and maize farmers under the Bhavantar (price differential) scheme if the mandi prices […]
Manipur aims to boost Rabi maize cropping system in State
In a move to make public the potentialities of Rabi maize cropping system in Manipur and awareness of improved technologies for its popularization, a two day training programme on ‘Maize based cropping system for improving livelihood […]
US Corn eases for 5th session
Chicago corn futures slid for a fifth consecutive session as the harvest of a bumper U.S. crop gathered pace after being slowed down by rains. The Chicago Board Of Trade most-active corn contract was down 0.1 […]
Tepid demand drags chana
Prices slipped 0.46 per cent to Rs 4,079 per quintal in futures trade after participants reduced exposure following subdued demand in spot market. The fall in chana futures to offloading of positions by traders, taking negative […]
PDPS for oilseeds farmers to compensate up to 25% of MSP
Oilseeds covered as it is impossible to procure them at MSP owing to the requirement of huge warehouse space The Centre has sent the guidelines for Price Deficiency Payment Scheme in oilseeds under PM-AASHA scheme to […]
Paddy procurement
Punjab likely to miss target as yield reduces by 15%. With low yield trend in this season, there are speculations that Punjab might miss its target of 200 lakh metric ton (LMT) paddy procurement. Punjab which […]
US Corn futures were little changed.
CBOT December corn was flat at $3.75-1/4 a bushel. Corn futures were little changed, despite pressure from bearish weekly ethanol data. The US Energy Information Administration said weekly US output of corn-based ethanol fell to 1.01 […]
Cyclone and Rain beneficial for summer rice
A tropical cyclone has brought heavy rains back to the eastern Rice areas of India and the growing belt of Bangladesh since late last week. Heavy rains were also recently reported in more minor growing areas […]