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.
India plans to raise import tax on some edible oils: govt sources
India is considering raising import tax on some edible oils. India, the world’s biggest vegetable oil importer, currently levies 30 percent import tax on soyoil and 25 percent each on rapeseed and sunflower oils.
IMD told Kerala farmers to prepare nurseries for paddy.
IMD told Kerala farmers to prepare nurseries for paddy.
Soybean contracts on the NCDEX fell ahead of the onset of monsoon
Soybean contracts on the NCDEX fell ahead of the onset of monsoon and firmness in the rupee against the dollar. The most active June contract was down 29 rupees. Earlier-than-expected arrival of monsoon in Kerala has raised hope sowing of the oilseed will be higher in the country. Higher arrivals of the oilseed are also seen weighing on prices.
Seed shortage hits paddy farmers of Odisha.
Seed shortage hits paddy farmers of Odisha.
German rapeseed crop forecasts cut after dryness.
The cooperatives cut their forecast of Germany’s 2018 winter rapeseed crop to 4.05 million tonnes, down 5.0 percent on the year. The reason is the high temperatures and lack of rain in a large part of Germany in the past weeks. In May, the association had forecast 2018 a winter rapeseed crop of 4.12 million tonnes.
Egypt to begin importing rice after slashing its own cultivation.
Egypt to begin importing rice after slashing its own cultivation.
Canadian mustard looking to rebound, if weather cooperates.
Canadian mustard acres may be up on the year, but key growing regions missed out on recent rain and will need more moisture as the season progresses in order to prevent a repeat of 2017’s drought stricken crop. Statistics Canada’s acreage report released at the end of April pegged intended mustard area at 438,000 acres, which would be up from the 385,000 seeded in 2017. Yields were hurt by drought, and total production only came in at 122,000 tonnes in 2017. Recent rains in Saskatchewan brought much needed moisture to many areas but some key mustard growing regions in the southwest missed out on the moisture. If the growing conditions come around, there could be lots of mustard (in 2018).
India wheat remains weak, shed 1.07% on higher supply.
India wheat remains weak, shed 1.07% on higher supply.
EU wheat slips to near two-week low as U.S. harvest weighs.
EU wheat slips to near two-week low as U.S. harvest weighs.
Russia says Egypt approves halted wheat cargo after second test.
Russia says Egypt approves halted wheat cargo after second test.
Japan offers to buy 144,522 tonnes of food wheat via tender.
Japan offers to buy 144,522 tonnes of food wheat via tender.
Algeria wheat purchase totalled 180,000 tonnes.
Algeria wheat purchase totalled 180,000 tonnes.
Indonesia continues to buy Russian wheat.
Indonesia continues to buy Russian wheat.
Ukraine says Vietnam to resume imports of its wheat.
Ukraine says Vietnam to resume imports of its wheat.
Russia winter wheat crop may decrease 10%.
Russia winter wheat crop may decrease 10%.