New crop of coriander up in Kota on higher demand

Ram Gopal Yadav (7 years ago)

Prices of the new coriander crop rose in Kota, the benchmark market, due to higher demand for the fresh harvest. The old crop was sold at steady prices. The most active April contract of coriander on NCDEX was flat at 5,925 rupees per 100 kg.

Brazil steals U.S. soybean share in China, protein plight

Ram Gopal Yadav (7 years ago)

U.S. soybean growers are losing market share in the all-important China market because the race to grow higher-yielding crops has robbed their most prized nutrient: protein. Declining protein levels make soybeans less valuable to the $400 billion industry that produces feed for cattle, pigs, chickens and fish. And the problem is a key factor driving soybean buyers from the U.S. to Brazil, where warmer weather helps offset the impact of higher crop yields on protein levels. A decade ago, the United States supplied 38 percent of soybeans to China, the world’s top importer, compared to 34 percent from Brazil. Now, Brazil supplies 57 percent of Chinese imports compared to 31 from the United States.

Mustard up in Jaipur on low supply, local demand

Ram Gopal Yadav (7 years ago)

Prices of mustard seed were up in Jaipur due to a fall in arrivals along with improved demand from domestic oil millers and crushers. Expectations of a fall in output of the oilseed in Rajasthan further supported prices. Production of mustard in Rajasthan, a key grower of the commodity, is seen falling 16% on year to 3.2 mln tn, according to the second advance estimates.