Prices of barley rose in Jaipur following improved demand from domestic stockists and the poultry feed sector. In Jaipur, the benchmark market, the coarse grain was sold for 1,620 rupees per 100 kg, up 10 rupees. Negligible supplies in the market also supported prices. Only 1-2 bags (1 bag = 85 kg) arrived in market due to low stocks with farmers. The new crop will only be available from March. However, talks of import of the grain from Argentina capped gains in prices.
Rice stocks at the central pool September
Rice stocks at the central pool September
Basmati Rice exports during April–July 2018
Basmati Rice exports during April–July 2018
Aug pulses import at Chennai port down 4% on month, tur imports rise
Import of pulses at Chennai port fell 3.9% on month in August to 40,224 tn, as urad imports fell sharply. Import of urad in August declined in anticipation of the new crop hitting markets in Karnataka, Madhya Pradesh and Maharashtra in September. Imports of urad fell sharply to 23,856 tn in August from 32,184 tn in July, and 33,720 tn in the corresponding period last year. However, imports of tur last month rose to 11,640 tn compared with 7,752 tn in July. Overall imports of pulses at the various ports remained lower due to restriction by the government in order to support domestic prices.
New urad crop arrivals start in Madhya Pradesh, prices may fall more
New crop of urad or black matpe has started arriving in some parts of Madhya Pradesh and Maharashtra, the two key producing states, over the last few days. However, the new crop is being sold at 2,800-3,000 rupees per 100 kg, compared with 3,500-3,700 rupees a year ago, as urad prices are already 46% below the minimum support price of 5,600 rupees per 100 kg fixed by the government for 2018-19 (Jul-Jun). Prices are down this year due to higher moisture content in the new crop. New crop arrivals have started on time this year in Madhya Pradesh, and about 50-60 bags (1 bag = 100 kg) are arriving daily in the market as against 100-120 bags last year. The new crop this year has moisture content of 15-16% compared with 12-13% last year, which has led to fall in domestic demand. In Maharashtra, another key market, arrivals of urad have started in Latur, and 2,500-3,000 bags (1 bag = 100 kg) are arriving daily in the market as against 5,000-6,000 bags last year. Arrivals of the pulse are lower as output is expected to fall due to erratic weather conditions in the key growing areas of the state. New crop is currently being sold in the range of 3,500-4,000 rupees per 100 kg, up 50-100 rupees from the year-ago period.
Onion prices down in Lasalgaon on subdued demand.
Prices of onion fell in Lasalgaon, Maharashtra, due to subdued demand from stockists following concerns over quality of the domestic stock. In Lasalgaon, onion was sold at 650-700 rupees per 100 kg, down 50 rupees. Arrivals were estimated at 900 trolleys, each carrying 1.5-2.0 tn, up 130 trolleys. In Pimpalgaon, onion was sold at an average 800 rupees per 100 kg, down 25 rupees. While arrivals were estimated at 700 trolleys, down 300 trolleys.
Cabinet defers Rs 4,500 cr sugar package;
Cabinet defers Rs 4,500 cr sugar package;
CCI imposes penalties upon Sugar Mills and their Associations
CCI imposes penalties upon Sugar Mills and their Associations
Bumper sugar crop turns into bitter harvest for UP
Bumper sugar crop turns into bitter harvest for UP
Remunerative price for sugarcane from centre will not benefit farmers
Remunerative price for sugarcane from centre will not benefit farmers
For 2017-18, exports are estimated at a record 4.6 Mt
For 2017-18, exports are estimated at a record 4.6 Mt
Domestic processing of soybeans is estimated up marginally
Domestic processing of soybeans is estimated up marginally
For 2018-19, soybean production is estimated at 7.0 Mt
For 2018-19, soybean production is estimated at 7.0 Mt
Exports are forecast at a record 5.3 Mt with shipments headed to a diverse group of countries.
Exports are forecast at a record 5.3 Mt with shipments headed to a diverse group of countries.
Domestic processing of Canadian soybeans is forecast to rise to 1.9 Mt,
Domestic processing of Canadian soybeans is forecast to rise to 1.9 Mt,
For 2017-18, Canadian mustard exports decreased to 112 kt
For 2017-18, Canadian mustard exports decreased to 112 kt
For 2018-19, production is estimated at 175 kt
For 2018-19, production is estimated at 175 kt
For 2017-18, Canadian disposition of canola
For 2017-18, Canadian disposition of canola
Carry-out stocks are estimated at 2.4 Mt
Carry-out stocks are estimated at 2.4 Mt
For 2018-19, canola production is estimated by Statistics Canada at 19.1 Mt
For 2018-19, canola production is estimated by Statistics Canada at 19.1 Mt