GRAINS-Wheat eases from 7-wk high, market eyes USDA report

Hellenic Shipping News |Sept 29,2017 Chicago wheat futures edged lower on Thursday as the market took a breather after climbing to its highest in more than seven weeks in the previous session on short-covering and expectations of lower U.S. production.Corn and soybeans eased in Asian trading, giving up gains in positioning ahead of a U.S. [...]

2017-10-04T12:35:22+00:00 September 29th, 2017|Agri Commodities|

Rainfall causing problems on wheat crops

Commodity India |Sept 28,2017 This heavy rainfall is proving to be a burden on some local farmers. It's causing problems with their wheat crops. Tony High is a farmer in Walters. He said the rain is preventing him from growing wheat crops. He already had about 10 percent of his crops planted and if the [...]

2017-10-04T12:37:21+00:00 September 28th, 2017|Agri Commodities|

Opt for short duration paddy variety, farmers told

Commodity India |Sept 28,2017 Area under paddy cultivation likely to go up to 200 hectares With many farmers, who raise paddy in the valleys in Pachamalai hills abstaining from cultivation this year due to the scanty rainfall earlier this year, the Agriculture Department has carried out a sensitisation campaign to persuade them to go in [...]

2017-10-04T12:36:34+00:00 September 28th, 2017|Agri Commodities|

Pepper prices may fall further on cheap imports

Commodity Online |Sept 28,2017 The quick wilt disease in Kerala, the major Pepper producing region in India, has affected the production and a significant decline is expected in coming months. Along with the diseases, the cheap imports of Pepper from Vietnam through Sri Lanka is also the major factor in the decline of prices.Black pepper [...]

2017-10-04T12:33:27+00:00 September 28th, 2017|Agri Commodities|

India to launch its own branded Cotton to revive industry

Commodity Online |Sept 28,2017 Following the success of branded Cotton from Egypt and the US, the government is considering branding of the locally produced fibre to fetch premium prices from overseas importers.Textiles Commissioner Kavita Gupta has held several rounds of meetings with various stakeholders of the industry, including traders, ginners, textile mills and garment manufacturers, [...]

2017-10-04T12:32:25+00:00 September 28th, 2017|Agri Commodities|

Dal millers ask government to allow export of pulses

Economic Times |Sept 28,2017 A delegation of dal millers met commerce minister Suresh Prabhu on Tuesday, requesting him to allow exports of chana, masur and moth pulses as prices are mostly ruling lower than the official support levels due to higher production and the government offloading its stocks.The government has opened up exports of urad, [...]

2017-10-04T12:30:20+00:00 September 28th, 2017|Agri Commodities|

Fresh arrival of cotton, soya crops to soften edible oil prices

Economic Times |Sept 28,2017 NEW DELHI: Arrival of the freshly-harvested cotton, soyabean and groundnuts crops has brought down their prices –– a trend which is likely to stay, say industry insiders. But consumers have reason to cheer as this will soften edible oil prices post-Diwali.A bountiful supply of soyabean crop globally did impact the local [...]

2017-10-04T12:29:27+00:00 September 28th, 2017|Agri Commodities|

Spinners face challenging times; improved cotton crop to provide some succour: ICRA

Economic Times |Sept 28,2017 India’s spinning sector has been witnessing challenges on multiple fronts over the past few quarters. As per a recent report by ICRABSE 0.91 %, while exports continue to fall due to weak demand from one of the key markets, China; domestic demand also slowed down in the first quarter of FY2018 [...]

2017-10-04T12:28:34+00:00 September 28th, 2017|Agri Commodities|

Pulses trade needs regulation, monitoring

The Hindu Businessline |Sept 27,2017 For the second year in a row, the country is poised to harvest a large crop of kharif pulses, with the output estimated at 87 lakh tonnes (lt). Although below last kharif’s record production of 94 lt, this year’s crop size is still considered large, especially compared with the previous [...]

2017-10-04T12:27:42+00:00 September 27th, 2017|Agri Commodities|