Northwest India: Light/Moderate fairly widespread to widespread rainfall with isolated heavy rainfall is very likely over Uttarakhand, Himachal Pradesh, Haryana, Chandigarh, Delhi, East Rajasthan on 28th & 29th July. Central India: Light/moderate fairly widespread to widespread […]
India might cut or abolish wheat import tax to boost supply, check prices.
· India might cut or abolish wheat import tax to boost supply, check prices. · Chicago wheat December up US5.25 cents per bushel to 660.25c/bu; · Kansas wheat December down 12.75c/bu to 769.25c/bu; · Minneapolis wheat […]
Soybean seed prices decreases by 1%
Domestic • At Indore, Soybean seed prices decreases by 1% to INR 5090 per 100 KGs reported on the previous day. Soy oil prices increased by 2% to 945 per 10 KGs from 955 per 10 […]
Rice market in turmoil
· Rice market in turmoil as India curtails exports. · India’s rice export ban revives the conversation about the crop’s vast ecological footprint. · IMF’s advice to India unsolicited. · Nepal’s Trader Hikes The Prices Of […]
Prices of Mustard Oil increases by 3.2%
Domestic • In Jaipur, Mustard was sold at INR 60,600 per tonne, increases by 2% from the previous day. Prices of Mustard Oil increases by 3.2% from the previous day at INR 11200 per 100kg. Mustard […]
Punjab plans pilot of novel wheat auction to avoid imports
Punjab plans pilot of novel wheat auction to avoid imports • Food ministry urges companies to lower price of wheat flour to tackle high inflation • Chicago wheat December down US 39.5 cents per bushel to […]
Soybean seed prices increases by 0.8 % to INR 5152 per quintal
Domestic • At Indore, Soybean seed prices increases by 0.8 % to INR 5152 per quintal reported on the previous day. Soy oil prices increases by 0.8% to 965 per 10 Kg from 957 per 10 […]
Heavy to very heavy rainfall with extremely heavy falls
15 June (Day 1): ♦ Heavy to very heavy rainfall with extremely heavy falls very likely at isolated places over Saurashtra & Kutch and Meghalaya; Hailstorm with thunderstorm, lightning and gusty winds (wind speed 30-40 kmph) […]
FCI to offload more wheat in open market. At present, FCI has wheat stock of 31.1 MT
· FCI to offload more wheat in open market. At present, FCI has wheat stock of 31.1 MT. As per the official assessment, the corporation has around 8.7 MT of surplus wheat at its disposal after […]
In the Domestic market, the Soy oil market prices traded down for the day, following weakness in rival Palm oil.
•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 […]