Despite a backdrop of mixed oil outlooks, the ICE canola market at WINNIPEG, Manitoba-experienced a slight increase On Wednesday. Malaysian palm oil and Chicago soyoil decreased, while European rapeseed increased. Crude oil remained unchanged despite OPEC+
The nation is expected to produce more than 28.86 million tons of wheat this season, which will support the government’s efforts to promote sustainable agricultural growth and economic development. According to Imtiaz Ahmad Gopang, Food Security
Brazil’s favorable rainfall caused the Chicago Board of Trade soybean futures to fall, causing concerns about hot, dry weather reducing output in northern and central Brazil. However, the region of concern has decreased, and traders expect
India has been appointed as the Chair of the International Sugar Organization (ISO) for the year 2024, as announced during the 63rd council meeting held in London. As the largest consumer and second-largest producer of sugar
According to Department of Agriculture & Farmers Welfare, the area under Rabi rice is decreased by 8.0 percent to 841 thousand hectares as against 915 thousand hectares sowed during the same period last year. Tamil Nadu
To ensure continuous availability throughout the year, the center may implement a requirement for sugar stock declaration. The government is exploring a system to compel mills, stockists, and wholesalers to declare their sugar stocks, aiming to
The 2023/24 global rice outlook this month is for higher supplies, consumption, trade, and nearly unchanged stocks. World supplies are raised 1.6 million tons to 692.6 million, mostly on higher beginning stocks for India. The country’s
Brazil’s soybean exports to China in the dry bulk market for 2023 have surpassed those of other countries on a monthly basis, with China buying more soybeans from Brazil. However, the freight market sentiment is under
In the 2023-24 agricultural season, Brazil’s soybean planting has seen an 11% increase compared to the previous year, although it still lags behind the levels achieved during the previous season. Notably, 57% of the land was
According to Department of Agriculture & Farmers Welfare, the area under Rabi Wheat is decreased by 13 percent to 1804.5 thousand hectares as against 2065 thousand hectares sowed during the same period last year. Madhya Pradesh