•The Indore Soybean Plant pricing remained unchanged from the previous day at INR 52,500 a tonne, despite a potential decline in soymeal export demand due to an increase in the spread between kandla and Argentina Soymeal […]
As on 24th May 2023, total of 26.2 million tonne Wheat has already been procured
•As on 24th May 2023, total of 26.2 million tonne Wheat has already been procured, up from 18.8 Mln tonne total quantity procured during last year. Market sources revealed that Wheat procurement may fall short of […]
IMD forecast more rains till Apr.12
According to the India Meteorological Department (IMD), in an extended range forecast for the next two weeks, Many parts of India will continue to get isolated rainfall till April 12 The crops that are ready to be […]
Rabi Chana procurement has started and NAFED has procured total 20187 MT
Rabi Chana procurement has started and NAFED has procured total 20187 MT Chana as on 17th March, 2023 under the PSS scheme. Out of total, it has procured 5901 MT in Karnataka, 6274 MT in Gujarat […]
The US Department of Agriculture (USDA)’s World Agricultural Supply
The US Department of Agriculture (USDA)’s World Agricultural Supply and Demand Estimates (WASDE) report cut Argentina’s soybean output by 8 million mt to 33 million mt, below the market’s projections. Argentina’s production was cut from the […]
Indore Soybean plant prices went marginally down
•Indore Soybean plant prices went marginally down by 0.45% to INR 55,000 per tonne as compared to previous day amid weak demand in the market. •Most of the market remained closed amid festivals. •The prices of […]
Wheat Daily Digest
· Untimely Rain Causes Massive Crop Damage In Madhya Pradesh o Farmers lost around 10-40 per cent of the standing and newly harvested wintercrops, said government sources. o Vidisha and Rajgarh are the two central districts […]
Soybeans Daily Digest
•Indore Soybean plant prices went marginally down by 0.45% to INR 55,000 per tonne as compared to previous day amid weak demand in the market. •Most of the market remained closed amid festivals. •The prices of […]
Maize Daily Digest
· Vietnam continues to snap up Indian corn at steep discounts amid low pork prices. · 2 global agencies upgrade Indian rice, maize output outlook. FAO and USDA say ‘favourable’ rabi crop has made up for […]
Rapeseed Daily Digest Report | Thursday, March 16, 2023
•In Jaipur, the price of Mustard seeds quoted at INR 56,500 per tonne, which was INR 75 higher than the previous day’s price. •All over India, the number of Mustard seed arrivals for the day was […]
Soybeans Weekly Update | Tuesday, February 14, 2023
•Soybean plant prices went marginally up by 0.9% to INR 5,600/ Qtl. as compared to 5,550/qtl. previous week. •The weekly average prices of Indore soymeal went up by 2.4% to INR 43,333/MT as compared to last […]
Wheat Daily Digest Report | Friday, March 10, 2023
· Untimely Rain Causes Massive Crop Damage In Madhya Pradesh o Farmers lost around 10-40 per cent of the standing and newly harvested wintercrops, said government sources. o Vidisha and Rajgarh are the two central districts […]
Pulses Daily Digest | Monday, March 6, 2023
• Chana prices were up in Delhi due to firm demand from buyers. • Masur prices were down in Kanpur due to reduced demand from buyers. • Tur prices were flat in Akola due to limited […]
According to USDA, the Indian restriction will eliminate the trade of broken rice.
The Indian government’s ban on exports of broken rice will eliminate its trade that had increased 53 percent last year, the US Department of Agriculture (USDA) said. In 2021, the global broken rice trade was 6.7 […]
Rice exports from India to fall by 25% as high levy rains on shipments
As a result of New Delhi’s restrictions, which compel customers to move to competitor suppliers who are selling the grain at a lower price, India’s rice exports may decline by 25% this year. Late last week, […]
Low food inventories are what’s holding back the PMGKAY extension.
Foodgrain inventories, which include rice, wheat, and unmilled paddy, decreased by 33.5% to 60.11 million tonnes (mt) as of September 1 from 90.41 mt a year earlier in the Central Pool run by the Food Corporation […]
India have seeded maize across 812,900 acres in the 2022–23 kharif season
According to data from the agricultural ministry, farmers in India have seeded maize across 812,900 acres in the 2022–23 Kharif season, a decrease of 32% from the previous year. Due to irregular rainfall throughout the main […]
India’s maize exports surged in 2021–2022 to surpass $1 billion
After a seven-year hiatus, India’s maize exports surged in 2021–2022 to surpass $1 billion. Before mounting a remarkable comeback over the previous two years, shipments had fallen to a nine-year low of $142 million in 2019–20 […]
India exported 1.5 LMT wheat to Bangladesh since ban
Since India prohibited the export of wheat on May 13, India has shipped 1.5 lakh metric tonnes (LMT) of wheat to Bangladesh, according to the Food Secretary. Between April 1 and June 22 of this fiscal […]
Traders in pact to sell 90,000 tonnes wheat to Sri Lanka
Indian traders have signed a deal to sell around 90,000 tn of wheat to Sri Lanka at $380 per tn, free on board. The foodgrain will be shipped from the Kandla port on Apr 5 and […]