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 […]
Year-Round Availability: Center Considers Sugar Stock Declaration
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 […]
Kharif rice sowing area increased by 4.4%
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 4.4 percent to 20,988 thousand hectares as against 20,109 thousand hectares sowed during the same period last year. Chhattisgarh stands […]
Kharif Maize Sowing area increased by 4%
According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 4 percent to 8,579 thousand hectares as against 8,262 thousand hectares sowed during the same period last year. Madhya Pradesh […]
MEP for Basmati rice will reduce from US$1,200 to US$850 per tonne
After millers and dealers complained about a dramatic decline in overseas sales of the premium aromatic grain, INDIA will lower the floor price for basmati rice exports in the upcoming days, according to individuals familiar with […]
Kharif rice sowing area increased by 2.7%:
According to Department of Agriculture & Farmers Welfare, the area under kharif rice is increased by 2.7 percent to 41,152 thousand hectares as against 40,072 thousand hectares sowed during the same period last year. Uttar Pradesh […]
Kharif Maize sowing area increased by 3%.
According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 3 percent to 8,465 thousand hectares as against 8,201 thousand hectares sowed during the same period last year. Madhya Pradesh […]
Pulses Market Recap
As per ABARES report published on 4th Sep. Lentil production for this year estimated at 12.2 lakh tonne, down by 27.2% from 16.8 lakh tonnes in previous year. Whereas lentil crop area also down by 0.2% […]
USDA’s September month WASDE Report
According to USDA’s September month WASDE Report (World Agricultural Supply and Demand Estimates):
Kharif Pulses Sowing
Kharif Pulses Sowing As per recent release (as on 08th Sep 2023), the Department of Agriculture and Farmers Welfare states that Kharif pulses sowing is down by 8.6% to 119.9 lakh hectares from 131.2 lakh hectares […]
Kharif Maize sowing area increased by 3%.
According to Department of Agriculture & Farmers Welfare, the area under kharif maize is increased by 3 percent to 8,333 thousand hectares as against 8,097 thousand hectares sowed during the same period last year. Madhya Pradesh […]
India’s Sugar Dilemma: Rising Prices, Export Concerns, and Festive Season Demand
The country’s annual consumption of the sweetener is about 27 million tonne. Sugar prices rose to a six-year high, amid concerns over a deficient monsoon, but the government has maintained that there are sufficient stocks to […]
CBOT Soybean Price rises high as compared to Corn Preceding the 2024 season
The historical highs in Chicago soybean prices relative to corn ahead of the 2024 season are a reflection of evolving market dynamics, including strong global demand for soybeans and changing trade relationships. This shift suggests that […]
Weak Supply Side of Indian Tur, Mozambique likely to impose Minimum Export Price
Mozambique, a major producer of tur in East Africa is trying to impose a minimum export price (MEP) on tur exports. The African nation is likely to witness, new crops in the coming days. According to […]
Russia halts landmark deal that allowed Ukraine to export grain at time of growing hunger
On July 17, Russia declared a halt to a ground-breaking wartime agreement that permitted grain to travel from Ukraine to regions in Africa, the Middle East, and Asia where hunger is a growing danger and high […]
Last Week’s Agri-Commodities Highlights
Grains Maize: Prices of maize across key spot market rose marginally due to a decline in arrivals. Maize trade in local market was thin in last week on slow activity as trading holiday on Thursday on […]
India Spot maize up on better buys.
In Davangere, Karnataka, prices of the coarse grain rose by 50 rupees to 1,700 rupees per 100 kg. Strong demand from poultry and feed industry for good-quality crop, while arrivals declined, supported prices. Arrivals of maize […]
India Spot wheat down on high arrivals.
Prices of wheat fell in key spot markets due to higher arrivals and subdued demand. In Kota, Rajasthan, the mill-quality wheat was sold at 1,950-2,000 rupees per 100 kg, down 20-25 rupees. Arrivals in Kota doubled […]
Brazil Soy Planting 82% Complete – which is up 11% for the week and continues to be a record fast planting pace.
The weather in Brazil remains favorable for planting and crop development. The forecast is calling for heavier rainfall in eastern and northeastern Brazil, which may delay the last soybean planting in the region, but barring some […]
2018-19 Argentina Soybeans 22% Planted
The weather thus far in Argentina during the spring planting has been erratic. It started off dryer than normal with late season frosts and then earlier last week, some areas of central Argentina received 8-12 inches […]