Jaipur barley prices at 3-wk high on limited supply.

Ram Gopal Yadav (6 years ago)

Prices of barley hit a three-week high in Jaipur due to limited supplies in the market and as demand from domestic stockists and poultry feed industry improved. In the benchmark market of Jaipur, barley was sold for 1,400 rupees per 100 kg, up 20 rupees. Arrivals were unchanged from Saturday at 800-1,000 bags (1 bag = 85 kg). However, concerns over quality of the domestic stock restricted demand from malt makers, thereby, capping gains in barley prices.

Pakistan’s basmati rice exports increased by 19.14 percent.

Ram Gopal Yadav (6 years ago)

During the period under discussion, Pakistan has improved its rice exports as compared to previous corresponding period. The exports during the period July-June 2016-17 stood at 496,263 metric tons valuing at $453.441 million. Pakistan’s basmati rice have seen a considerable 19.14 percent growth in quantity exported as compared to the previous period. Collectively, 4.106 million tons rice worth $2.073 billion was exported in the last 12 months if the last financial year, however, 3.523 million tons of rice valuing $1.606 billion was recorded during the corresponding previous financial year. The overall growth of rice exports stood at 26.78 percent.

Telangana Kharif paddy procurement expected to be 30 lk tons.

Ram Gopal Yadav (6 years ago)

The Telangana government 30 lakh tons of paddy was expected to be procured from farmers during this years Kharif season in the state and asked its civil supplies department to prepare an action plan for it. A total of 107.92 lakh tons of paddy was purchased from 22.18 lakh farmers during 2016 Kharif, 2017 Rabi and Kharif and 2018 Rabi seasons.

More farmers switching to paddy in Telangana.

Ram Gopal Yadav (6 years ago)

With the decision of the State government to provide irrigation facility to the ayacut of Musi project for kharif season, farmers of 42 villages in Suryapet and Nalgonda district under left and right canals are now switching from cotton to paddy cultivation. Out of 35,000 acres of ayacut under left and right flank canals of Musi project, cultivation of paddy was taken up by the farmers in majority of ayacut area in view of irrigation facility.

India tur acreage down 4.4% on yr at 3.5 mln ha.

Ram Gopal Yadav (6 years ago)

India tur acreage was down 4.4% on year at 3.5 mln ha. Area in Maharashtra, the largest producer, has been lower at 1.05 mln ha due to erratic rainfall. However, in Karnataka, the acreage has been higher as farmers are assured of getting the minimum support price. Area under tur in Karnataka as of Wednesday was up 9.5% on year at 806,000 ha.

Tur markets at Akola, Kalaburagi shut.

Ram Gopal Yadav (6 years ago)

The market in Akola, the benchmark market for tur, was closed due to disagreements among some traders and officials of the Agricultural Produce Market Committee regarding payments via e-NAM. A meeting between both the sides was underway. The market in Kalaburagi, a key market for the commodity, was shut on account of a local festival.

Chana prices rise 1.17% on firm spot demand.

Ram Gopal Yadav (6 years ago)

Chana prices went up by 1.17 per cent to Rs 4,219 per quintal in futures trade as participants created fresh positions, driven by rising demand from dal mills in the spot market. Besides, tight stocks positions following drop in arrivals from producing regions fuelled the uptrend. At the National Commodity and Derivatives Exchange, chana for delivery in September went up by Rs 49, or 1.17 per cent. The rise in chana prices to surging demand in the spot market against restricted supplies from producing regions.