Southwest Monsoon has set in over Kerala and advanced into most parts of Northeast India Isolated heavy to very heavy rainfall likely to continue over Northeast India during next 4-5 days Prevailing heat wave to severe heat wave conditions over Northwest & Central India likely to reduce gradually from today Advance of Southwest Monsoon: ยท         …

Palm oil falls on profit-taking,weaker Chicago soyoil

KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday on profit-taking and weakness in rival Chicago soyoil, as prices consolidated after a recent uptick. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed 40 ringgit, or 0.99%, lower at 3,994 ringgit ($849.43) per metric ton. Malaysia palm oil …

Canada raises forecast for canola use, lowers exports

Anticipated higher domestic use of Canadian canola in the 2024-25 marketing year could come at the expense of exported volumes, according to Canadian agriculture and agri-food ministry AAFC’s latest supply and demand outlook. AAFC revised its forecast for total domestic canola use 500,000t higher in 2024-25, to 11.35mn t. But domestic crush could rise above …