Latest Report on Wheat Daily | Wheat_Daily 20170605.pdf
Latest Report on Maize Daily | Maize_Daily 20170605.pdf
Latest Report on Maize Daily | Maize_Daily 20170605.pdf
Latest Report on Rice | Rice Daily 20170605.pdf
Latest Report on Rice | Rice Daily 20170605.pdf
SEA wants 5% GST slab for blended edible oils, against proposed 18%.
SEA wants 5% GST slab for blended edible oils, against proposed 18%.
July Canola fell $16.90 or 3.2% while November fell $8.40 or 1.7%.
July Canola fell $16.90 or 3.2% while November fell $8.40 or 1.7%.
Jaipur mustard seed up on bargain buys, low supply.
Jaipur mustard seed up on bargain buys, low supply.
Soybean futures rise 0.2% to $9.23 a bushel.
Soybean futures rise 0.2% to $9.23 a bushel.
Soybean down around 2% on weakness in spot markets.
Soybean down around 2% on weakness in spot markets.
Canadian lentil exports through the end of April set a new record, with 2.12 million metric tn moving out of the country in bulk vessels and containers. Another 71,000 MT is loaded to bulk vessels in May.
Canadian lentil exports through the end of April set a new record, with 2.12 million metric tn moving out of the country in bulk vessels and containers. Another 71,000 MT is loaded to bulk vessels in May.
Lower arrivals push chana prices up in Delhi
Lower arrivals push chana prices up in Delhi
Parle may enter in pulses business now.
Parle may enter in pulses business now.
Kharif season sowing in 2017-18 up over 9% at 7.3 mln ha.
Kharif season sowing in 2017-18 up over 9% at 7.3 mln ha.
Sugar down in north India due to poor demand from bulk buyers.
Sugar down in north India due to poor demand from bulk buyers.
ICRA sees GST impact on sugar neutral.
ICRA sees GST impact on sugar neutral.
NCDEX to withdraw special cash margin on sugar buy side from 5 June.
NCDEX to withdraw special cash margin on sugar buy side from 5 June.
ICE raw sugar low as 2017-18 output seen up.
ICE raw sugar low as 2017-18 output seen up.
Global sugar body sees 3-mln-tn surplus in 2017-18.
Global sugar body sees 3-mln-tn surplus in 2017-18.
NCDEX coriander at over 4-year low on higher output.
Futures contracts of coriander on the NCDEX extended losses and slipped to a four-and-a-half-year low of 4,583 rupees per 100 kg because of a rise in production in 2016-17 (Oct-Sep). The most-active June contract was at 4,618 rupees per 100 kg, down 1.8% from the previous settlement. Higher imports of coriander from Ukraine, Bulgaria, and Russia also dampened sentiment. India is likely to have imported around 12,000-13,000 tonne of coriander at $400 per tonne in 2016-17 (Apr-Mar), according to trade estimates. Despite 36% import duty, the imported variety is cheaper compared to the Indian variety.
Global body sees 2017-18 cotton prices to gain on low year-end stock.
Cotton prices in 2017-18 are set to rise due to projection of a fall in global stocks despite higher production. Currently, the December futures contract of cotton on the InterContinental Exchange is at 73.38 cents per pound. For 2017-18, global cotton output is estimated to rise to 24.01 million tonne, against the estimate of 22.89 million tonne for last year. Consumption is expected to rise to 24.60 million tonne from 24.26 million tonne last year. Global year-ending stocks are expected at 16.41 million tonne, against 17.37 million tonne in the previous year. Cotton output in India, the largest producer, is estimated to rise 3% to 6.0 million tonne in 2017-18.
MCX October cotton down 1% as output seen higher.
The October contract of the new crop cotton fell over 1% on the MCX due to projection of higher output in 2017-18 (Oct-Sep). Increase in acreage across the country and forecast of normal monsoon is likely to boost yield of the crop next season. The US Department of Agriculture has pegged India 2017-18 (Aug-Jul) cotton output at 28.0 million bales (1USbale=480pound), up 6% on year. On the MCX, the October contract traded at 19,420 rupees per bale (1bale=170kg), down 1.1% from the previous close, the most-active June contract trading down 0.4% at 20,950 rupees. Weakness in cotton futures on the ICE further contributed to the fall. On ICE, the most active July contract traded at 77.47 cents per pound, down 0.2%.