Category Archives: Reports

Telangana to procure sunflower via Markfed as prices drop below MSP

The State agency will open purchase centres in various growing regions With sunflower prices falling below the MSP (minimum support price) levels in Telangana, the State Government has asked the farmers not to resort to distress sale of their produce.  Telangana Agriculture Minister Tummala Nageshwara Rao has said the government would intervene and would purchase …

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Argentina Feb rains to keep boosting crops after heat wave

Argentina corn and soybean crops are continuing to improve thanks to recent rains, the Buenos Aires grains exchange said on Thursday, with more rainfall expected in coming days after the wet weather helped curb damages from a late January heat wave. As a result of the rains, the exchange said some 52% of the country’s …

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Ukrainian sunflower crush margins fall on low sunoil, sunmeal prices

Sunflower oil and meal producers are under pressure across the Black Sea region, after prices for processed products have tumbled over the past month, cutting margins for producers to the bare minimum in some regions, trade sources have told Agricensus Friday. Prices for sunflower oil have fallen 7% over the period, while meal prices have …

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Palm posts weekly gains as market waits for new leads

Malaysian palm oil futures moved up and down on Friday for want for a direction, finally inching higher and posting a weekly gain, as market participants waited for new leads. The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange rose 0.31%, to 3,851 ringgit ($806.49) a metric ton when …

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CBOT corn, soybean futures turn lower on global supply glut

* Corn plunges on global supply glut; pulls wheat futures lower * Soybeans slump on sharply lower exports, Brazilian competition * Wheat weaken after U.S. files sanctions against Russia CHICAGO, Feb 23 (Reuters) – Chicago Board of Trade corn futures on Friday fell to $4 per bushel in the front-month contract for the first time …

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Brazil to export soybeans to the US, shipping data shows

Feb 23 (Reuters) – At least three U.S.-bound cargo ships are preparing to load with soybeans at two ports in Northern Brazil in the first such bulk shipments since last summer, according to shipping lineup data seen by Reuters. The unusual shipments from Brazil, the top global soy supplier, to the United States, the No. …

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