Bulgaria Expects Wheat Crop of 5.4 Million Tonnes.
Ram Gopal Yadav (8 years ago)

The expected wheat production this year is 5.4 million tonnes. There is enough bread wheat despite concerns. The industry has similar data – an average yield of about 4,600 kg/ha. Its quality is different – it is high in areas with no rainfall during the harvest, but in the rest pre-harvest sprouting is observed. Wheat prices are about 25% higher this year. On average, bread wheat is traded at BGN 354 a tonne compared to BGN 270 a tonne in 2017, while feed wheat is sold on average for BGN 318 a tonne compared to BGN 254 last year.

JAPAN TO RAISE IMPORTED WHEAT PRICES TO MILLERS BY 2.2 PCT.
Ram Gopal Yadav (8 years ago)

Japan will sell imported wheat to domestic millers at an average price of 55,560 yen ($498) per tonne in October to March, up 2.2 percent from the previous six-month period. The move reflects higher wheat prices in its main suppliers and higher shipping rates due to oil prices.

India Spot maize a tad lower.
Ram Gopal Yadav (8 years ago)

Prices of maize in Purnea, a key market in Bihar, eased by around 4 rupees from previous close to 1,321 rupees per 100 kg amid steady arrivals of around 2,000 tn. Spot price of the coarse grain eased after rising in the last few sessions on the back of good demand from poultry and starch sector. Expectation of higher maize production in Karnataka, a key growing state, weighed on prices. Karnataka has pegged its maize output for 2018-19 (Jul-Jun) at 3.53 mln tn, up 26% on year.

Barley prices rise in Jaipur as supply weak.
Ram Gopal Yadav (8 years ago)

Prices of barley were up in Jaipur due to weak supplies and higher demand from domestic stockists and poultry feed sector. In Jaipur, the benchmark market, the coarse grain was sold at 1,590 rupees per 100 kg, up 10 rupees. Supplies are negligible as stocks held by farmers are almost over and new crop arrivals are likely to commence only from March.

Onion exports rise by 15% as global prices turn competitive for traders.
Ram Gopal Yadav (8 years ago)

Onion exporters see shipments increasing by about 15per cent from a year ago with prices turning competitive in the international market on the back of a government incentive scheme and potential of good domestic production. After the government extended the Merchandise Export from India Scheme (MEIS) to onion growers, the freight-on-board (FOB) price of the Indian variety declined to $195/tonne (from $220 per tonne earlier), giving competition to the produce from China, where a good crop is seeing producers take advantage of high prices in neighbouring nations. The average price in the wholesale markets of Maharashtra is now around Rupee10/kg.

Export curbs Tomato prices crash in Maharashtra.
Ram Gopal Yadav (8 years ago)

The suspension of trade via roads between Pakistan and India and the consequent supply glut has sent local tomato prices crashing. Wholesale prices have crashed to some Rs 2-3/kg at Pimpalgaon Baswant and Lasalgaon. Even top quality tomatoes are now being sold at just Rs 6-7 per kg. In Nashik district, the prices crashed to a third in just over a week. Pakistan used to import nearly 50,000 tonnes of tomatoes from India annually and Bangladesh up to 35000 tonnes. While political tension between India and Pakistan led to the suspension of exports via land to Pakistan, exports to Bangladesh are hit after Dhaka increased the import duty on agricultural produces to 48%.

Urad acreage down 12.5% on yr at 3.8 mln ha
Ram Gopal Yadav (8 years ago)

Farmers in the country have sown urad across 3.80 mln ha this kharif season, down 12.5% on year. In Madhya Pradesh, the largest grower of urad, acreage was down 16.7% on year at 1.49 mln ha as farmers shifted to paddy and soybean in search for lucrative returns. For 2018-19 (Jul-Jun), the government has increased the minimum support price for paddy by up to 13% and for urad by 3.7%. Last year, many farmers opted for urad instead of soybean due to scattered rains and low realisations from the latter, which resulted in a jump in urad acreage. The country produced 2.84 mln tn of urad during the last kharif season.

Moong acreage up 7.3% on year at 3.4 mln ha.
Ram Gopal Yadav (8 years ago)

Area under moong crop across the country was at 3.40 mln ha, up 7.3% on year, largely due to a rise in acreage in Rajasthan and Karnataka. In Rajasthan, the largest grower, area under the crop jumped 22.5% on year to 1.92 mln ha. The rise in overall acreage this year is due to the steep hike of 50% in the minimum support price for moong for 2018-19. In Karnataka, the area under moong cultivation rose 16.2% on year to 423,000 ha.