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 […]

International wheat Trade Update

South Korea purchase 60,000 MT and Jordan buying 60,000 MT from CHS, while the Philippines bought 55,000 MT of Australian wheat.Jordan’s purchase of 60,000 tons of milling wheat came after three failed attempts, and was bought […]

India Spot prices maize steady.

Price of maize in key wholesale markets of Purnea and Davangere remained largely unchanged. In Purnea, the key market for maize in Bihar, the coarse grain was sold at around 1,400 rupees per 100 kg, largely […]

South Korea’s NOFI seeks about 60,000 T feed wheat.

South Korea’s largest feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase about 60,000 tonnes of animal feed wheat to be sourced from optional origins. Price offers were sought for two possible shipment […]

USDA crop progress: Corn harvest inches forward.

The latest USDA crop progress report shows relatively slow corn harvest progress after plentiful rain and snow fell across the central U.S. this past week. The 2018 U.S. corn harvest reached 39% complete last week, up […]

India Soybean ends over 1% higher on weak supply.

The November contract of soybean settled 1.4% higher on National Commodity and Derivatives Exchange due to subdued arrivals in the wholesale markets. Arrivals of soybean in the country were estimated at 500,000 bags (1 bag = […]

India NCDEX maize up on good demand.

Futures contracts of maize on the NCDEX ended higher due to improved buying from poultry sector and less availability of good quality stock in wholesale markets. November delivery industrial maize contract on the NCDEX ended at […]