Informist, Monday, Feb 26, 2024 MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh and Maharashtra remained flat today on muted demand, traders said. In Uttar Pradesh, mill prices were the same as those on Friday as there was minimal buying at higher price levels, said Naresh Gupta, a north India-based trader. Mills in the state …
Continue reading “India Sugar: Flat in key markets; up on ICE on concerns about output”
Informist, Monday, Feb 26, 2024 MUMBAI – The continuous fall in mustard seed prices in recent weeks is a concern for farmers as well as for the government, which should start procuring the oilseed at minimum support prices, Dr P.K. Rai, director of ICAR-Directorate of Rapeseed-Mustard Research, Bharatpur, said. Mustard prices are currently at 5,325-5,350 rupees per …
Continue reading “Falling mustard prices a growing concern for farmers, say experts”
SINGAPORE, Feb 27 (Reuters) – Chicago soybeans gained more ground on Tuesday, with the market supported by short-covering and expectations of lower output in Brazil, although ample world supplies kept a lid on prices. Corn rose to its highest in almost two weeks, while wheat gained for a second straight session. FUNDAMENTALS * The most-active …
Continue reading “Soybeans extend gains on short-covering, Brazilian crop outlook”
Wheat production may exceed the targetted 114 million tonnes (mt) this year on good weather and higher acreage of climate resilient varieties, said G P Singh, director of Karnal-based Indian Institute of Wheat and Barley Research (IIWBR). Speaking to businessline on the sidelines of the ICAR conference of vice-chancellors of central and State agriculture universities, …
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There has been a lot of speculation in Brazil if the yields of the later maturing soybeans would be able to compensate for the low yields from the early maturing soybeans. We are now close to having the final yields from several locations in Mato Grosso and Parana, which are Brazil’s two largest soybean producing …
Continue reading “2023/24 Brazil Soybeans 32% Harvested vs. 26% Average”
THE prices of the benchmark active Malaysian crude palm oil futures contract remained ensnared in a tight range throughout the week starting Feb 19, weighed down by a medley of conflicting fundamental data. Weak exports and decreased production during this period painted the picture of cautious consolidation within the commodity market. From a technical standpoint, …
Continue reading “Crude palm oil sees tug of war between bull and bears”
HALDIA/KOLK:CPO833RBD870/873Soy923Sun920Kolhu1090RBOCrd(4-7FFA)740/Ref810Vanas1415
Malaysia Palm:Mar 880$+2.5Amj 847.5+0Jas 815+2.5
Midday Market CloseBmd : May 3877 (+14)H 3895/ L 3863Vol : 27,059 OlnMar 880 vsAmj 847.5 vs 842.5Jas 815 vs 807.5Ond 805 vs Rbdpo: -5 Strn: Mar 877.5 (deld)Pfad: Mar 750 (deld) Local Cpo: Mar 4030 LauricsCpko: Mar 262 (pk) / 263 (pg)Rbdpko: Mar 1010Rbdpkoln: Mar 945Rbdpks : Mar 1115 Sbo :Mar 4481 (+41)May 4542 …
Continue reading “Malaysia PalmOil Fob Prices @ Midday Close”
10:02#KLC(MID CLS)-6+7+14(MAY3877)+13/MAY:H/L:3895/3863ECBOT:SOYOIL+0.39,ML+2.6,SD+11.2GUAR:5335/5371(+10/-7)COTCK:2592/2622(+16/+14)GLD:62280/62612SLR:69451/71271