Rising demand for U.S. corn, soybeans no match for massive supplies

Hellenic Shipping News |Oct 02,2017 The massive stockpiles of U.S. corn and soybeans left over following a summer of voracious demand raise the specter that huge supplies will continue to haunt the grain markets even as global usage continues to grow.In its quarterly stocks report released on Friday, the U.S. Department of Agriculture (USDA) showed [...]

2017-10-05T16:55:41+00:00 October 2nd, 2017|Agri Commodities|

Russian wheat prices up as farmers hold back on sales

Hellenic Shipping News |Oct 02,2017 Russian wheat export prices rose last week as some farmers held back on large sales in a bid to secure higher prices due to a strong rouble and rising demand from importers, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and October delivery were at [...]

2017-10-05T16:54:58+00:00 October 2nd, 2017|Agri Commodities|

Global conclave on soyabean on October 7

The Hindu Businessline |Oct 02,2017 The Soyabean Processors Association of India (SOPA) is organising International Soy Conclave on October 7 and 8 at the Brilliant Convention Centre.The theme of the conclave is “Creating Sustainable Soy Business”.According to SOPA Chairman Davish Jain, the event will be attended by a number of senior officials, both from Central [...]

2017-10-05T16:53:25+00:00 October 2nd, 2017|Agri Commodities|

Industry sees a bounty cotton crop

The Hindu Businessline |Oct 02,2017 Supported by the good South-West monsoon this season, India is set to witness a robust cotton output, which is likely to be 10-12 per cent higher as compared to previous year.This is in stark contrast with the government’s lower first advance estimate of 322.73 lakh bales (each of 170 kg) [...]

2017-10-05T16:52:30+00:00 October 2nd, 2017|Agri Commodities|

First-ever shipment of US crude oil to India arrives at Odisha’s Paradip Port

Economic Times |Oct 02,2017 The first in a series of shipments of United States crude oil to India arrived on Monday at Odisha's Paradip Port.The shipment was met by United States Consul General to Hyderabad Katherine Hadda, Joint Secretary for International Cooperation from the Ministry for Petroleum and Natural Gas Sunjay Sudhir and Joint Secretary [...]

2017-10-05T16:50:48+00:00 October 2nd, 2017|Agri Commodities|

Wheat drought that spooked traders seen overblown

Economic Times |Oct 02,2017 When drought spread across the Northern Plains this summer, traders feared the worst for the US spring-wheat crop.Those concerns now seem overblown.The US Department of Agriculture on Friday said growers harvested 416.2 million bushels of the grain this year, topping a previous outlook and the average estimate by analysts surveyed by [...]

2017-10-05T16:50:06+00:00 October 2nd, 2017|Agri Commodities|