Prices of pulses led by arhar and gram.

Ram Gopal Yadav (7 years ago)

Spurted by up to Rs 300 per quintal at the wholesale market during the week amid pick-up in demand from retailers, driven by ongoing festive season against restricted arrivals from producing belts. Uptick in demand from retailers in view of festive season against tight stocks position in the market on fall in supplies from growing regions, mainly pushed up arhar, gram, urad and other pulses prices.

Peas edge up on scattered demand.

Ram Gopal Yadav (7 years ago)

Barring a rise in peas prices on mild demand from retailers, other pulses held steady at the wholesale pulses market in thin trade. Traders attributed the rise in peas prices to scattered demand from retailers.

USDA Predicts Record Soybean Crop.

Ram Gopal Yadav (7 years ago)

A record number of soybean acres planted this spring is projected to produce a record soybean harvest this fall despite challenging growing conditions across large sections of the Midwest. U.S. soybean production was pegged at 4.38 billion bushels, an increase of 2 percent from last year record setting output of 4.3 billion bushels. Harvested acres were projected at 88.7 million acres, up from 83.5 million in 2016. A record number of soybean acres planted this spring is projected to produce a record soybean harvest this fall despite challenging growing conditions across large sections of the Midwest. The large projected crop could shrink due to worsening drought conditions in key soybean growing regions, including Iowa and North and South Dakota. Iowa soybean harvest is projected at 557 million bushels on a per-acre average of 56 bushels. This is down from last year production of 572 million bushels and a 60.5 bushel-per-acre average. Crop conditions have deteriorated in many locations since the USDA completed its yield assessment.

EU. Forecast for oilseed production was raised.

Ram Gopal Yadav (7 years ago)

EU oilseed production in the 2017/18 season from 32.06 MMT to 33.03 MMT. The 2017/18 EU crop include 21.91 MMT of rapeseed (up 8% year-on-year), 8.5 MMT of sunseed (up 3%) and 2.62 MMT of soybeans (up 5.9%). The forecast for rape plantings increased from 6.60 Ml ha to 6.65 Ml ha (up 2% year-on-year), while that for soya plantings was raised from 0.95 Ml ha to 0.97 Ml ha (up 14.7% year-on-year). Sunflower planted acreage remains at last year level 4.13 Ml ha (up 1.1% from last season).

Telangana farmers take to cotton in a big way insted redgram, chilli and turmeric Last year.

Ram Gopal Yadav (7 years ago)

The increase in the extent of cotton cultivation this kharif in Telangana, up by over 26.5% compared to last year, has made the State government plan arrangements for the procurement of the fibre crop well in advance, keeping in mind the experience it had last year in the case of redgram, chilli and turmeric. The Agriculture Department has put the extent of cotton cultivation this season at 17.84 lakh hectares, more than half of the 34.42 lakh hectares covered by all crops so far, against 14.10 lakh hectares last year.

Refined palmolein surges on rising demand.

Ram Gopal Yadav (7 years ago)

Refined palmolein surged further at the Vashi oils and oilseeds wholesale market here on rising demand from retailers. While, castor seeds bold and castor oil commercial recovered slightly following mild offtake from shippers and soap industries. Groundnut oil and linseed oil maintained a stable trend due to lack of any large-scale buying.