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Storage in 140 of India’s 150 major reservoirs drops below 50% of capacity

Water level drops for 34th week in a row, but improves in the northern region The storage in India’s 150 major reservoirs dropped for the 34th week in a row with the level improving by 2 percentage points in the northern region but dropping below 30 per cent of the capacity in the rest four …

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Bleak summer weather outlooks slightly lower U.S. soybean production

2024/25 U.S. soybean production is slightly (<1%) lowered to 119 [113–125] million tons, reflecting less than favorable summer weather outlooks across the central Soy Belt, despite recent progress in planting and improved soil moisture compared to recent weeks. Our current outlook puts planted area at 86.9 million acres, up 3.9% from last season, which is …

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U.S. Grain/Oilseed Review: Soybeans, corn, wheat fall back

SOYBEAN futures at the Chicago Board of Trade were lower on Thursday as planting progress continued to pull values lower. Ahead of the export sales report from the United States Department of Agriculture, the trade pegged old crop soybeans at 200,000 to 400,000 tonnes and new crop at zero to 150,000 tonnes. Soymeal export sales …

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Tanzania beats Nigeria to become India’s second largest African trading partner Tanzania’s trade with India has grown at a very impressive pace, growing over 20% during the fiscal year. The East African country is inching closer to becoming India’s largest trading partner in Africa. Tanzania ousted the West African economic giant, Nigeria, to become India’s …

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