Latest Report on Coriander Daily | Coriander Daily 20180614.pdf
Latest Report on Mustard Daily | Mustard Daily 20180614.pdf
Latest Report on Mustard Daily | Mustard Daily 20180614.pdf
Latest Report on Barley Daily | Barley_Daily 20180614.pdf
Latest Report on Barley Daily | Barley_Daily 20180614.pdf
Zimbabwe govt targets increased maize yield.
Zimbabwe govt targets increased maize yield.
Higher temps could slash global corn yields
Higher temps could slash global corn yields
As spring maize produce reaches mandis, farmers get a price far below MSP in Punjab.
As spring maize produce reaches mandis, farmers get a price far below MSP in Punjab.
Japan receives no offers for regular feed-wheat, barley tender.
Japan receives no offers for regular feed-wheat, barley tender.
CBOT wheat prices strengthened due to precipitation deficit in the main producing regions.
CBOT wheat prices strengthened due to precipitation deficit in the main producing regions.
U.S. winter wheat production forecast raised 1% from May.
U.S. winter wheat production forecast raised 1% from May.
India wheat futures shed 2.32% on ample stocks.
India wheat futures shed 2.32% on ample stocks.
No issue with rice supply in Malaysia.
No issue with rice supply in Malaysia.
Vietnamese sticky rice sees price reduction.
Vietnamese sticky rice sees price reduction.
USDA reduces global rice supplies by 2.1 MMT for MY 2018/19.
USDA reduces global rice supplies by 2.1 MMT for MY 2018/19.
All India rice procurement so far.
All India rice procurement so far.
Thailand rice weekly export.
Thailand rice weekly export.
Coriander may rise after 8-week loss
Prices of coriander may rise after falling for eight weeks in a row on the National Commodity and Derivatives Exchange because of an improvement in demand at lower rates. Prices have become more vulnerable than they should be, due to which traders can stock the spice at the lower level.
Highest stock putting pressure on domestic prices of edible oils.
Edible oil stocks equivalent to 42 days, against norm of 30 days requirement is putting pressure on prices: SEA. The stock of edible oils as on 1st June, 2018 at various ports is estimated at 1,002,000 tons (CPO 320,000 tons, RBD Palmolein 170,000 tons, Degummed Soybean Oil 230,000 tons, Crude Sunflower Oil 270,000 tons and 12,000 tons of Rapeseed (Canola) Oil) and about 1,660,000 tons in pipelines. Total stock at ports and in pipelines is reported at 2,662,000 tons, increased by 324,000 tons from 2,338,000 tons in May 2018. India’s total demand for edible oils during 2017-18 is estimated at 23 lakh tons. Monthly requirement is about 19.00 lakh tons and operate at 30 days stock against which currently holding stock over 26.62 lakh tons equal to 42 days requirements. This is the ever highest stock putting pressure on domestic prices of edible oils.
Mustard seed up in Jaipur on demand from millers.
Prices of mustard were up in Jaipur, Rajasthan, because demand for the seed has increased from the meal and oil producers. Mustard in Jaipur, the benchmark market for the oilseed, was up 25 rupees at 4,075-4,080 rupees per 100 kg. The arrivals of mustard in Rajasthan were unchanged at 90,000 tn. Lower imports of edible oil in May are likely to increase the demand for the oilseed in the local market which is seen supporting the sentiment. The import of edible oil in May was down 8.9% on month at 1.37 mln tn. The most active July contract of mustard on the NCDEX was up.
Chinese soybean stocks extend record high.
Soybean stocks at major crushers in China rose again last week to hit a fresh record high of 8.54 million mt. China is expected to import 97 million tonnes of soybeans from all origins in the marketing year ending Aug. 31. The country imported more than 36 million tonnes of U.S. soybeans in the 2016/17 season.
Brazil’s soybean exports to Argentina near 250,000 mt
Crushers in Argentina, which is experiencing its worst drought in decades, have imported 245,000 mt of Brazilian soybeans so far this year, more than the last seven years combined, and the total is expected to rise. From Brazil, exports to Argentina reached 109,000 mt last month, taking the total to nearly a quarter of a million tonnes so far this year. Argentina, the world’s third largest producer and exporter of soybeans and the largest exporter of soymeal and soyoil, has suffered a dry summer that has baked its crop and slashed soybean production by almost 40% to about 35 million mt. In order to keep crushers running and meet contractual commitments to sell soymeal and soyoil, Argentina’s crushers have bought almost 500,000 mt from the US. But while that is for delivery in the next crop year, starting in September, crushers had been seeking more immediate purchases from Brazil.