Coriander, jeera falls on subdued demand

Coriander and jeera prices fell by Rs 100 per quintal at the wholesale kirana market in the national capital today on easing demand from retailers and stockists amid adequate stocks. Besides, fresh arrivals from producing regions and weakening trend in futures market put pressure on the select spice prices. Coriander prices declined by Rs 100. Coriander futures fall 1.88% on weak demand.

Meat demand grows, U.S. soybean sales suffer

U.S. exports of feed crops already were expected to drop this year as producers in South America and Europe expand sales. But after some lousy weather in the Midwest this year, the harvest yielded soybeans with less protein. While U.S. exporters often have to contend with Brazilian soy that is higher in protein at around 37%.

Pakistan Soybean oil imports increase 71.93pc in 5 months

Edible oil imports including soybean and palm oil during five months of current financial year grew by 71.93 percent and 29.24 percent respectively as compared the corresponding period of last year. During the period from July-December 2017-18 109,366 metric tons of soybean oil worth of US$ 98.519 million imported to fulfill the domestic requirements as against the import of 37,845 metric tons valuing US$ 57.303 million of same period last year.