Bangladesh may bring back 28% tax on rice imports.
NCDEX wheat futures up nearly 1% on bargain buying.
NCDEX wheat futures up nearly 1% on bargain buying.
Ukraine and Russia shipped abroad about 50 MMT of wheat.
Ukraine and Russia shipped abroad about 50 MMT of wheat.
Continued new crop supply likely to pressurize Bihar maize prices in coming days.
Continued new crop supply likely to pressurize Bihar maize prices in coming days.
India maize futures ease on weak physical cues on 07 June.
India maize futures ease on weak physical cues on 07 June.
Brazil exports of soybean to China in May smash record
Brazil exports of soybean to China in May hit 9.76 million mt, almost 80% of the total volume exported and a monthly record. The figure is equivalent to around 160 cargoes of soybeans and eclipses the previous record by more than 1.4 million mt, set in April 2017 last year. Brazil total exports for May, released Monday, reached 12.35 million mt.
China may soybean imports rebound, but steady on year ago
China soybean imports leapt in May from the previous month as buyers scooped up purchases from Brazil’s bumper harvest, but were still in line with the same month last year, despite markets concerns over a U.S. trade war. China imported 9.69 million tonnes of the oilseed in May, up from April’s 6.9 million tonnes, but just 1 percent higher than in May last year. China jan-may soybean imports at 36.17 mln tonnes.
Soybean prices edge up, but still set for biggest weekly loss in 10 months
U.S. soybean prices inched up after marking their lowest in four months earlier in the session, but were still set for their biggest weekly loss since August 2017 amid expectations for bumper North American output. The most active soybean futures on the Chicago Board of Trade were down 4.5 percent for the week, on course for their biggest weekly slide since Aug. 4, 2017. Soybeans hit their lowest since Feb. 6 at $9.72-1/2 a bushel.
India wheat edges up on increased offtake by flour mills.
India wheat edges up on increased offtake by flour mills.
Ukraine corn and sunflower planting has almost completed.
Ukraine corn and sunflower planting has almost completed.
India rice history may not have had anything to do with China.
India rice history may not have had anything to do with China.
US Soybean growing conditions favorable in june.
June is shaping up to be a good month for farmers across the Midwest. Forecasts for the next two weeks show normal to above-normal rainfall for the majority of the Midwest. Over the next two-week period there will be a wetter pattern than we’ve had the past two weeks.
CBOT soy at 2-month low on rain in US key growing area
The July futures contract of soybean hit a two-month low of $9.9225 a bushel on the CBOT because of normal-to-above normal rains in midwest US, the key growing region for the oilseed. The most active July contract was at $9.9525 a bushel, flat from the previous close. Uncertainty over trade talks between the US and China is also seen weighing on prices.
Dry weather may curb promising EU wheat crop.
Dry weather may curb promising EU wheat crop.
Rice stock in central pool as on 1 May-2018.
Rice stock in central pool as on 1 May-2018.
Nigerian government has failed in rice self-sufficiency.
Nigerian government has failed in rice self-sufficiency.
India wheat futures extend losses, down 0.28% on ample stocks.
India wheat futures extend losses, down 0.28% on ample stocks.
Japan to import 31,150 tonnes feed wheat and barley via tender.
Japan to import 31,150 tonnes feed wheat and barley via tender.
United Nations buys 105,000 tonnes of wheat for starving Yemen.
United Nations buys 105,000 tonnes of wheat for starving Yemen.
Continued new crop supply likely to pressurize Maize prices in coming days.
Continued new crop supply likely to pressurize Maize prices in coming days.