Category Archives: All

Falling mustard prices a growing concern for farmers, say experts

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”

Soybeans extend gains on short-covering, Brazilian crop outlook

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 output may exceed 114 million tonnes target, rise to record

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, …

Continue reading “Wheat output may exceed 114 million tonnes target, rise to record”

2023/24 Brazil Soybeans 32% Harvested vs. 26% Average

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”

Crude palm oil sees tug of war between bull and bears

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”