India wheat up on increased offtake on 12 June.
Egypt imports 420000 tons of wheat from Russia, Romania.
Egypt imports 420000 tons of wheat from Russia, Romania.
Egypt’s GASC amends wheat purchase terms to ease costs for suppliers.
Egypt’s GASC amends wheat purchase terms to ease costs for suppliers.
Japan offers to buy 131,070 tonnes of food wheat via tender.
Japan offers to buy 131,070 tonnes of food wheat via tender.
Ukraine 2018/19 wheat, barley harvest and exports to fall on drought.
Ukraine 2018/19 wheat, barley harvest and exports to fall on drought.
Rain Provides Relief to Wheat in West Australia.
Rain Provides Relief to Wheat in West Australia.
CME announces corn futures open interest record.
CME announces corn futures open interest record.
South Korean firm buys corn over 1 MMT.
South Korean firm buys corn over 1 MMT.
NCDEX soybean down 1% as sowing gathers pace.
The most-active July soybean contract on the NCDEX fell nearly 1% as sowing in key growing areas in the country gathered momentum with the progress of monsoon. The contract was at 3,412 rupees per 100 kg, down nearly 1% from the previous close. Soybean sowing was at 17,000 ha, up 31% from a year ago. Reports of weak soymeal exports also weighed on sentiment. However, any sharp fall was limited due to gains in key soybean contracts on the CBOT.
NCDEX mustard down tracking fall in soy, high stocks
Mustard seed contracts on the NCDEX were down tracking the fall in the soy complex on the exchange.Mustard seed prices dropped tracking soybean prices owning higher stockpiles in local mandis and government measures. The most active July contract on the NCDEX was down 0.8%.
NCDEX coriander up 2% on bargain buying; spot unch
The futures contracts of coriander were up nearly 2% on the NCDEX as investors bought the commodity. The most active July contract was up 1.7%. Open interest in the contract rose by 170 tn to 35,780 tn indicating bargain buying. In Kota the benchmark market, the badami variety was sold at 4,900 rupees per 100 kg and the eagle variety was sold at 5,100 rupees, both steady from previous close. However, the medium term outlook for coriander remains weak because of low global demand and higher carryover stocks.
Monsoon likely to ruin 50 lakh metric tons of wheat, pulses in Madhya Pradesh this year.
Monsoon likely to ruin 50 lakh metric tons of wheat, pulses in Madhya Pradesh this year.
Wheat prices rise in Kota market on fall in arrivals.
Wheat prices rise in Kota market on fall in arrivals.
Syrian state importer seeks 200,000 tonnes of wheat in tender.
Syrian state importer seeks 200,000 tonnes of wheat in tender.
India paddy acreage down 5% on year at 632,000 ha as of 08 June.
India paddy acreage down 5% on year at 632,000 ha as of 08 June.
Indian rice price soften as Bangladesh increases import duty.
Indian rice price soften as Bangladesh increases import duty.
India rice exports may drop by up to 1 million tonnes in FY19.
India rice exports may drop by up to 1 million tonnes in FY19.
India, China agree deals on rice, river as relations continue to thaw.
India, China agree deals on rice, river as relations continue to thaw.
Indian basmati FOB weak in May with sluggish demand.
Indian basmati FOB weak in May with sluggish demand.
Philippine rice inventory hits 6-month high.
Philippine rice inventory hits 6-month high.