Item Open High Low Close % Cng OI Comments DAILY MARKET LEVEL

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Item Open High Low Close % Cng OI Comments DAILY MARKET LEVEL"

Transcription

1 18-Jan-16

2 Item Open High Low Close % Cng OI Comments Spices Pepper Turmeric Jeera Coriander Cardamom Sugar m Cereals Wheat Maize Barley Agro Market The spices counter on the NCDEX ended with mixed node. Turmeric prices ended with more than two percent losses whereas jeera prices ended with over half percent gains while dhaniya prices settled flat. Turmeric dropped due to sluggish demand in the spot market against adequate stocks positions on higher supplies from producing belts. Jeera prices gained as the overall acreage of jeera is likely to decline by percent. Others Chana Kapas Cotton Mentha Oil Soya Bean Ref.soya oil Cpo Rmseed Castorseed DAILY MARKET LEVEL COMMODITIES CARDAMOM WHEAT MENTHA OIL CHANA TURMERIC JEERA SOYABEAN R.SOYA OIL CLOSE RESISTANCE P. POINT SUPPORT OI OI (%) SPOT MARKETS UPDATE CORIANDER SUGAR SOYABEAN CHANA TURMERIC JEERA R.SOYA OIL WHEAT RM SEED COTTON

3 SOYABEAN Soyabean trading range for the day is Soyabean prices ended with losses on profit booking after prices gained on supply worries in global market USDA also its forecast for US soybean ending stockpiles to 440 million bushels compared to 465 million bushels in the previous month. NCDEX accredited warehouses soyabean stocks dropped by 1013 tonnes to tonnes. At the Indore spot market in top producer MP, soybean gained 16 rupee to 3763 rupee per 100 kgs. SELL SOYABEAN 3820 SL 3860 TGT NCDEX Soyabean settled down -0.76% at 3764 on profit booking after prices gained on supply worries in global market and on improvement in demand from China. Speculation over lower supply from US and Brazil and higher China imports supported the bean prices. Prices of the bean were supported after United States Department of Agriculture (USDA) trimmed United States soybean production forecast and also cut its forecast for ending stockpiles, the department said in its World Agriculture Supply and Demand Estimates report. USDA maintain US, the world's biggest bean grower, production estimates to 107 million tons compared to million tons in the previous month estimates and million tons a year ago. USDA also cut its forecast for US soybean ending stockpiles to 440 million bushels compared to 465 million bushels in the previous month and 191 million bushels a year ago. Prices were also supported by speculation of lower supply from Brazil, the world's second biggest bean producer, after Brazil trimmed soybean forecast after bad weather hit important soy-producing areas in the past month, DowJones reported today citing Conab, the Brazilian public company linked to the Ministry of Agriculture. The world's second biggest soybean producer is expected to produce million tons compared to million tons estimated in December, though still a record compared with the 96.2 million tons produced in Technically market is under long liquidation as market has witnessed drop in open interest by -3.11% to settled at while prices down -29 rupee, now Soyabean is getting support at 3731 and below same could see a test of 3698 level, And resistance is now likely to be seen at 3816, a move above could see prices testing RM Seed Rmseed trading range for the day is Mustard seed prices ended with losses tracking weakness in spot demand amid profit booking. Rapeseed meal exports from India slumped 87% on year to 16,855 tons in December. NCDEX accredited warehouses mustard seed stocks dropped by 810 tonnes to 6649 tonnes. In the Alwar spot market in Rajasthan the price remains unchanged at0 rupee to rupees per 100kgs. SELL RMSEED 4160 SL 4200 TGT NCDEX Rmseed settled down -1.06% at 4105 tracking weakness in spot demand amid profit booking. Mustard seed, the main rabi oilseed crop, sowing stood at 6.27 million hectare compared to 6.48 million hectare a year ago due to weak monsoon and soil moisture. Rapeseed meal export is reduced to 1/3rd of last year. Rapeseed meal exports from India slumped 87% on year to 16,855 tons in December on weak demand from South Korea and Thailand, data released from Solvent Extractors Association of India (SEA) showed. As per the latest data of Ministry of Agriculture overall sowing acreage of oilseeds stood at lakh hectares on 11th December, down 5.80 lakh hectares from the last year in the same period. Demand failed to improve in cash markets as talks of better sowing conditions stimulated the idea of further price drop, Going by the latest government data, total cropped area is lakh hectares as against last year s Lakh hectares. Total area in the Rajasthan has now reached lakh hectares versus lakh hectares last year. Meanwhile total sowing area in the country as on Nov 27 stood reported at Lakh ha versus Lakh ha last year same period. The mustard crop farmers have received good returns this year due to short supply. Technically market is under fresh selling as market has witnessed gain in open interest by 7.42% to settled at while prices down -44 rupee, now Rmseed is getting support at 4084 and below same could see a test of 4062 level, And resistance is now likely to be seen at 4143, a move above could see prices testing 4180.

4 MENTHA OIL Menthaoil trading range for the day is Mentha oil spot at Sambhal closed at per 1kg. Spot prices is down by Rs.-1.70/-. Mentha oil prices dropped triggered by subdued demand from consuming industries in the spot market. Further, ample stocks position due to increased supplies from major producing belts also influenced mentha oil prices. The undertone was mixed in the physical markets as participants were unable to receive adequate inputs for price discovery. SELL MENTHA OIL 885 SL 895 TGT MCX Menthaoil settled down -0.43% at triggered by subdued demand from consuming industries in the spot market. Further, ample stocks position due to increased supplies from major producing belts also influenced mentha oil prices. However with cooler winters anticipated for many parts of India this year, the demand may soon start picking up from the pharmaceutical sector. Global demand too is expected to rise at these lower levels in coming weeks. The undertone was mixed in the physical markets as participants were unable to receive adequate inputs for price discovery. As per market sources, the overall production is still 70% lower from the previous year of 50,000 tons. Traders had estimated earlier that the total production in the range of tons for this year, and currently it appears that the average estimate might be reduced to tons. At Barabanki market total arrivals are at 200 Drums(1-drum-180kg), steady as against previous day s arrival. At Bareilly market sources reported arrivals at 1 Drums(1-drum-180kg), steady as against previous day s arrival. At Chandausi market estimated market supply was at 5 Drums(1-drum- 180kg), higher by 5 Drums(1-drum-180kg) from previous trading day. At Sambhal market estimated market supply was at 100 Drums(1- drum=180kg), unchanged as compared to previous day s arrival. At Rampur market sources reported arrivals at 5 Drums(1-drum=180kg), unchanged as compared to previous day s arrival. Technically market is under long liquidation as market has witnessed drop in open interest by % to settled at 9503 while prices down -3.8 rupee, now Menthaoil is getting support at 875 and below same could see a test of level, And resistance is now likely to be seen at 880.8, a move above could see prices testing CHANA Chana trading range for the day is Chana prices ended with gains on expectations of higher demand in domestic markets. India's pulses import during first half of this fiscal rose 14.2% to 22.5 million ton due to fall in domestic output caused by poor monsoon. As per the data, a maximum of 25,545 of pulses were seized in Karnataka, of which 5,787 tons have been offloaded In Delhi spot market, chana remains unchanged at by 0 rupee to end at 4850 rupee per 100 kgs. SELL CHANA 4410 SL ABV 4465 TGT NCDEX Chana settled up 0.37% at 4376 on expectations of higher demand in domestic markets. Meanwhile, India's pulses import during first half of this fiscal rose 14.2% to 22.5 million ton due to fall in domestic output caused by poor monsoon for the second successive years. During Apr-Sep 2014, India imported 1.97 million ton pulses, government data showed. Also, India's gram sowing stood at 7.51 million hectare as compared to 7.29 million hectare same period a year ago. Moreover, Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas Paswan informed in a written reply in Lok Sabha that the Government has approved creation of a buffer stock through procurement of about 50,000 ton pulses from the kharif crop and 100,000 ton out of arrivals of rabi crop of The procurement will be done through Food Corporation of India (FCI), National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED), Small Farmers' Agribusiness Consortium (SFAC) and any other agency as may be decided. As per the data, a maximum of 25,545 of pulses were seized in Karnataka, of which 5,787 tons have been offloaded till Thursday. Maharashtra has offloaded 79,478 tons of pulses out of the total seized quantity of 86,709 tons so far, while Odisha has released almost entire quantity of 1,410 tons. Technically market is under fresh buying as market has witnessed gain in open interest by 4.09% to settled at while prices up 16 rupee, now Chana is getting support at 4350 and below same could see a test of 4325 level, And resistance is now likely to be seen at 4405, a move above could see prices testing 4435.

5 TURMERIC Turmeric trading range for the day is Turmeric dropped due to sluggish demand in the spot market against adequate stocks positions on higher supplies from producing belts. Further, hopes for a bumper harvest in the Western region with the arrival of Pongal too fuelled the downtrend. Sources also stated that around lakh bags of total stocks have been reported in local mandies. In Nizamabad, a major spot market in AP, the price ended at 9525 rupees remains unchanged at0 rupees. SELL TURMERIC 9850 SL TGT NCDEX Turmeric settled down -1.93% at 9642 due to sluggish demand in the spot market against adequate stocks positions on higher supplies from producing belts. Further, hopes for a bumper harvest in the Western region with the arrival of Pongal too fuelled the downtrend. Spot turmeric prices at Erode markets decreased on slack buying. Only 5,000 bags arrived for sale and buyers procured 60 per cent of the stock at a decreased price. Some stockists also procured few bags. The finger turmeric decreased by Rs a quintal and the root variety by Rs At the Erode Turmeric Merchants Association, the finger variety went for Rs. 7,398-10,099; the root variety at Rs. 7,299-9,299. Of the 11,856 bags offered, 930 were sold. Some stockists also procured few bags. Sources also stated that around lakh bags of total stocks have been reported in local mandies. While the total production in the coming year is expected to be around 68 lakh bags, up 20 lakh bags from the last year. Deficient rainfall in during early part of sowing in major Turmeric growing regions of Maharashtra and Karnataka may reduce the yield. As per dept of commerce data, turmeric exports till September, 2015 pegged at 50,916 tonnes while the export for the is 90,738 tonnes compared to 78,360 tonnes in FY14. Technically market is under fresh selling as market has witnessed gain in open interest by 5.01% to settled at while prices down -190 rupee, now Turmeric is getting support at 9536 and below same could see a test of 9430 level, And resistance is now likely to be seen at 9822, a move above could see prices testing JEERA Jeera trading range for the day is Jeera prices gained as the overall acreage of jeera is likely to decline by percent. Jeera sowing reported higher by 1700 hectares in Gujarat as compared to last year area, sowing almost completed in Gujarat current year. India's total carryover stock is currently estimated between million bags versus 2.5 million bags a year ago. In Unjha, a key spot market in Gujarat, jeera edged up by 1.35 rupees to end at rupee per 100 kg. SELL JEERA SL TGT NCDEX Jeera settled up 0.51% at as the overall acreage of jeera is likely to decline by percent. In Gujarat state, current year, sowing completed 2,68,400 hectares, Normal area is 3,52,300 hectares. Last year Jeera sowing reported 2,66,700 hectares. Jeera sowing reported higher by 1700 hectares in Gujarat as compared to last year area, sowing almost completed in Gujarat current year. Farmers reveled that, Jeera sowing delay in Gujarat as compared to Rajasthan around days. Weather in growing areas remain a very important factor for the near term market sentiments. Cool weather is beneficial for crop growth, while a warmer weather may damage the standing crop also.india's total carryover stock is currently estimated between million bags versus 2.5 million bags a year ago. In , sowing in Rajasthan (Jodhpur division) reported 2.42 lakh ha vs last year 2.40 lakh ha. At Gondal (Guj.) market in arrivals were reported at 200 quintals, lower by 50 quintals from previous trading day. At Rajkot market in Rajkot (Guj.) total arrivals are at 150 quintal, down by 90 quintal from previous trading day. At New Delhi market estimated market supply was at 3000 quintals, lower by 1000 quintals as compared to previous day. Technically market is under fresh buying as market has witnessed gain in open interest by 0.16% to settled at 7386 while prices up 70 rupee, now Jeera is getting support at and below same could see a test of level, And resistance is now likely to be seen at 13990, a move above could see prices testing

6 CASTORSEED SUP-3 SUP-2 SUP-1 P.P. RES-1 RES-2 RES-3 OI (%) Castorseed settled up 1.15% at 3530, technically market is under fresh buying as market has witnessed gain in open interest by 1.57% to settled at while prices up 40 rupee, now Castorseed is getting support at 3500 and below same could see a test of 3471 level, And resistance is now likely to be seen at 3550, a move above could see prices testing Castorseed trading range for the day is SELL CASTORSEED 3570 SL 3620 TGT NCDEX The spot prices of castorseed in Disa mandi dropped rupee to rupees per kg. MAIZERABI SUP-3 SUP-2 SUP-1 P.P. RES-1 RES-2 RES-3 OI (%) Maize trading range for the day is Maize prices ended with gains amid short covering after prices dropped in last some session tracking weakness in overseas prices. Maize has been sown in 2.07 lakh hectares higher by 0.10 lakh hectares than the corresponding period of last year. NCDEX accredited warehouses maize stocks gained by 60 tonnes to tonnes. In Nizamabad maize prices remains unchanged at0 rupee to end at 1520 rupees per 100 kg. SELL MAIZE 1480 SL 1500 TGT NCDEX Maize settled up 0.68% at 1476 amid short covering after prices dropped in last some session tracking weakness in overseas prices. As per Government data, in Maharashtra, maize has been sown in 2.07 lakh hectares higher by 0.10 lakh hectares than the corresponding period of last year. As per Government data, in Gujarat, maize has been sown in 0.69 lakh hectares lower by 0.27 lakh hectares than the corresponding period of last year. As per Government data, in Coastal Karnataka, maize has been sown in 0.83 lakh hectares lower by 0.01 lakh hectares than the corresponding period of last year while in Tamilnadu, it has been sown in 1.87 lakh hectares as on 8th Jan 16, higher by 0.16 lakh hectares than the corresponding period of last year. India's state-run trader PEC Ltd will float a tender to import about 200,000 tonnes of corn in a week after receiving a good response for a similar tender, a government source said. The lowest offer in the tender from PEC to purchase and import 290,000 tonnes of yellow corn which closed on Wednesday was for Ukrainian corn. At Koppal market sources reported arrivals at 3000 Bags, unchanged as compared to previous day s arrival. Maize cultivation has been hit due to excess rain in parts of the district, bringing huge loss to the farmers. Technically market is under short covering as market has witnessed drop in open interest by -1.52% to settled at 7780 while prices up 10 rupee, now Maize is getting support at 1460 and below same could see a test of 1443 level, And resistance is now likely to be seen at 1487, a move above could see prices testing 1497.

7 MONTH OPEN HIGH LOW CLOSE OPEN INT MCX CARDAMOM CHANGE IN RS. CHANGE IN % OTHER COMMODITY ITEMS TRADING LEVEL Feb Weak Feb 2016 Res-1 Res-2 Res-3 Resistance 776 MONTH VOLUME OI (%) NCDEX REF.SOYA OIL Feb Weak Feb 2016 Res-1 Res-2 Res-3 Resistance 603 MONTH MCX CRUDE PALM OIL Jan Positive Jan 2016 Res-1 Res-2 Res-3 Resistance MONTH NCDEX BARLEY Apr Weak Apr 2016 Res-1 Res-2 Res-3 Resistance 1447 MONTH NCDEX RMSEED Apr Weak Apr 2016 Res-1 Res-2 Res-3 Resistance 4121 MONTH NCDEX SOYABEAN Feb Weak Feb 2016 Res-1 Res-2 Res-3 Resistance MONTH NCDEX WHEAT Feb Positive Feb 2016 Res-1 Res-2 Res-3 Resistance 1680 MONTH NCDEX SUGARM Mar Positive Mar 2016 Res-1 Res-2 Res-3 Resistance 3260 MONTH NCDEX REF.SOYA OIL JUNE

8 SPREAD UPDATE DAILY SPREAD IN MENTHA OIL - MCX DAILY SPREAD IN SOYABEAN - NCDEX MONTH RATE Jan 2016 Feb 2016 Mar 2016 MONTH RATE Feb 2016 Mar 2016 Apr 2016 Jan Feb Feb Mar Mar Apr Spread between Menthaoil JAN & FEB contracts yesterday ended Spread between Soyabean FEB & MAR contracts yesterday ended at Rs.11.8, we have seen yesterday Menthaoil future had traded at Rs.42, we have seen yesterday Soyabean future had traded in in a negative zone and settled -0.43% down. a negative zone and settled -0.76% down. DAILY SPREAD IN CPO - MCX DAILY SPREAD IN CHANA - NCDEX MONTH RATE Jan 2016 Feb 2016 Mar 2016 MONTH RATE Apr 2016 May 2016 Jun 2016 Jan Apr Feb May Mar Jun Spread between CPO JAN & FEB contracts yesterday ended at Spread between Chana APR & MAY contracts yesterday ended at Rs.6.6, we have seen yesterday CPO future had traded in a Rs.52, we have seen yesterday Chana future had traded in a positive zone and settled 0.64% up. positive zone and settled 0.37% up. DAILY SPREAD IN JEERA - NCDEX DAILY SPREAD IN TURMERIC - NCDEX MONTH RATE Mar 2016 Apr 2016 May 2016 MONTH RATE Apr 2016 May 2016 Jun 2016 Mar Apr Apr May May Jun Spread between Jeera MAR & APR contracts yesterday ended at Spread between Turmeric APR & MAY contracts yesterday ended Rs.70, we have seen yesterday Jeera future had traded in a at Rs.132, we have seen yesterday Turmeric future had traded in positive zone and settled 0.51% up. a negative zone and settled -1.93% down. DAILY SPREAD IN CARDAMOM - MCX DAILY SPREAD IN REF.SOYA - NCDEX MONTH RATE Feb 2016 Mar 2016 Apr 2016 MONTH RATE Feb 2016 Mar 2016 Apr 2016 Feb Feb Mar Mar Apr Apr Spread between Cardamom FEB & MAR contracts yesterday Spread between Ref.Soyaoil FEB & MAR contracts yesterday ended at Rs.-4, we have seen yesterday Cardamom future had ended at Rs.-4.95, we have seen yesterday Ref.Soyaoil future traded in a negative zone and settled -0.57% down. had traded in a negative zone and settled -0.31% down.

9 NEWS YOU CAN USE India s edible oil import has sharply increased in the recent years due to higher availability of edible oil in world market at lower prices and limited domestic oilseeds crushing. During the Oil Year (November 2014-October 2015), overall edible oil import has increased by per cent or 27.9 lakh tonnes (lt) over the previous year, according to data compiled by Solvent Extractors Association of India (SEA). India meets more than 60 per cent of its annual edible oil demand of million tonnes (mt) through imports and palm oil makes up about 70 per cent of total vegetable oil imports. In , nearly 9.5 mt of palm products imported from Indonesia and Malaysia, which is nearly two-third of total edible oil imports of 14.4 mt. In , the country imported 20 per cent more palm oil products it imported in previous year. Thus, domestic CPO price trend normally follows the price trend in Bursa Malaysia. As per latest SEA Circular, India is the largest market for edible oil and it is expected that CPO, RBD palmolein and soyabean oil may further be dumped in the country due to weak physical demand in the world market China and Europe. The economic slowdown in China results in lower palm imports. China cut its palm imports from Malaysia by about 45 per cent in December compared to November Moreover, European countries too slowed down their imports due to seasonal reasons, as palm oil tends to solidify in cold weather. The warmish winter in the north is not yet seen as having an adverse impact on the final wheat harvest but the next few days would be important, said Union agriculture secretary Siraj Hussain. The Centre is monitoring the situation and is hopeful that cold weather would reappear, as the latest report of the India Meteorological Department indicates. Sowing of wheat, the main rabi (winter) crop, has been lagging due to lack of soil moisture, following consecutive drought years. Till Friday, rabi crops had been sown on million hectares (mha), around 1.8 mha less than this time last year. Mainly due to less moisture in parts of Uttar Pradesh and Madhya Pradesh. The lag is primarily in wheat and mustard. Wheat had been sown on mha till Friday, 5.9 per cent less than the area covered during the same period last year. Mustard was planted on 6.27 mha, about 3.2 per cent less. However, some weather experts said even if the weather turns colder in the next few says, this might not last for more than a few days. Another western disturbance will be affecting North India by Monday. This will again increase both the maximum and minimum temperatures across the region, said private weather forecasting agency Skymet. More than the area covered, said officials, it was the condition of the standing crop which was worrisome. A sudden rise in temperature in the flowering stage could impact the final harvest.

10 Corporate Office 301/302, Payal Tower II, Sayajigunj, Vadodara , Call: SMS JHAVERI to Disclaimer : The report and information contained herein is strictly confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent. This report and information herein is solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments. Nothing in this report constitutes investment, legal, accounting and tax advice or a representation that any investment or strategy is suitable or appropriate to your specific circumstances. The securities discussed and opinions expressed in this report may not be suitable for all investors, who must make their own investment decisions, based on their own investment objectives, financial positions and needs of specific recipient. This may not be taken in substitution for the exercise of independent judgment by any recipient. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. Certain transactions -including those involving futures, options and other derivatives as well as non investment grade securities - involve substantial risk and are not suitable for all investors. Jhaveri Credit & Capital Ltd has not independently verified all the information given in this document. Accordingly, no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information and opinions contained in this document. The Disclosures of Interest Statement incorporated in this document is provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. This information is subject to change without any prior notice. The Company reserves the right to make modifications and alternations to this statement as may be required from time to time without any prior approval. Jhaveri Credit & Capital Ltd, its affiliates, their directors and the employees may from time to time, effect or have effected an own account transaction in, or deal as principal or agent in or for the securities mentioned in this document. They may perform or seek to perform investment banking or other services for, or solicit investment banking or other business from, any company referred to in this report. Each of these entities functions as a separate, distinct and independent of each other. The recipient should take this into account before interpreting the document. This report has been prepared on the basis of information that is already available in publicly accessible media or developed through analysis of Jhaveri Credit & Capital Ltd. The views expressed are those of the analyst and the Company may or may not subscribe to all the views expressed therein. This document is being supplied to you solely for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published, copied, in whole or in part, for any purpose. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. Neither the Firm, not its directors, employees, agents or representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information.

Item Open High Low Close % Cng OI Comments DAILY MARKET LEVEL

Item Open High Low Close % Cng OI Comments DAILY MARKET LEVEL 4-Nov-15 Item Open High Low Close % Cng OI Comments Spices Pepper 35490 35500 34420 34945-1.34 41 Turmeric 8730 9022 8710 8994 2.39 9915 Jeera 15700 15740 15555 15680 0.26 7290 Coriander 9201 9670 9170

More information

Castor Weekly Research Report

Castor Weekly Research Report Castor Weekly Research Report Contents Outlook and Review Castor Seed price Chart Export NCDEX Spot Price Outlook Future Chart Progressive Sowing Weekly Spot Price change International Market Update Castor

More information

Maize Average Monthly Price Trend

Maize Average Monthly Price Trend EXECUTIVE SUMMARY: All maize cash markets traded firm during the month of September on the expectation of lower kharif crop production amid higher demand from south Indian feed makers as compared to last

More information

Castor. Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

Castor. Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Castor Castor (Ricinus communis L.) is a non edible oilseed, belonging to the Euphorbiaceae family. India is the world leader in castor production and dominates the international castor oil trade. The

More information

Pulses Monthly Overview July 2012

Pulses Monthly Overview July 2012 Neha Sinha Economist Knowledge Management, NCDEX neha.sinha@ncdex.com +91 22 66406578 Pulses Monthly Overview July 2012 Highlights Area under kharif pulses was 20.54 lakh hectares as on July 13, 2012 Acreage

More information

S E A S O N A L COMMODITY INSIGHT

S E A S O N A L COMMODITY INSIGHT S E A S O N A L COMMODITY INSIGHT 12 th October 2015 Rape Seed / Mustard Seed (RM Seed) Domestic Scenario India s Mustard seed production in 2014-15 is estimate at around 63.09 lakh MT, which is marginally

More information

S E A S O N A L COMMODITY INSIGHT

S E A S O N A L COMMODITY INSIGHT S E A S O N A L COMMODITY INSIGHT 12 th January 2015 Wheat Domestic Scenario India is the second largest producer of wheat in the world after China, contributing to about 13.66 per cent of the world s

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 30-Dec-2016 As on 29-Dec-2016 Commodity Exchange Contract Trend Commodities Prev. Day W/W M/M Y/Y

More information

MUSTARD SEED REPORT NCDEX STRATEGY RANGE TARGET STOP LOSS. June 2011 Buy / July 2011 Buy /

MUSTARD SEED REPORT NCDEX STRATEGY RANGE TARGET STOP LOSS. June 2011 Buy / July 2011 Buy / 27 May 2011 MUSTARD SEED REPORT Recommendations: NCDEX STRATEGY RANGE TARGET STOP LOSS June 2011 Buy 2770-2820 3100/3250 2580 July 2011 Buy 2870-2900 3150/3200 2750 Aug 2011 Buy 2900-2930 3200/3250 2700

More information

NCoMM NCML COMMODITY MARKET MONITOR

NCoMM NCML COMMODITY MARKET MONITOR Cotton Sugar Soyben RM Seed Castor seed Turmeric Jeera 0 NCoMM NCML COMMODITY MARKET MONITOR ANSWERS & LUCKY WINNER OF PREVIOUS WEEK S MktYard.com Weekly Commodity Market Monitor HOME Commodities Coverage

More information

Maize Weekly Research Report

Maize Weekly Research Report Maize Weekly Research Report Contents Executive Summary Recommendations International Corn Market Summary Export Parity Trend Export Break Up By Major Countries Business from various sourcing centers during

More information

GROUNDNUT PRICES LIKELY TO BE AROUND Rs. 4800/q AT HARVEST

GROUNDNUT PRICES LIKELY TO BE AROUND Rs. 4800/q AT HARVEST GROUNDNUT PRICES LIKELY TO BE AROUND Rs. 4800/q AT HARVEST India is the second largest producer of groundnut in the world. On the global front, China leads in production, making up some 42 per cent of

More information

At a Glance. Area under wheat cultivation is on higher side compared to last year.

At a Glance. Area under wheat cultivation is on higher side compared to last year. At a Glance Area under wheat cultivation is on higher side compared to last year. During October 1 st to December 15 th, area covered under wheat cultivation was 232.59 lakh hectares, up by 10.4% from

More information

PULSES SPECIAL BULLETIN 10 th June, 2013 STOCK POSITION OF CHANA AT NCDEX ACCREDITED WAREHOUSES AS ON 10 JUNE 2013

PULSES SPECIAL BULLETIN 10 th June, 2013 STOCK POSITION OF CHANA AT NCDEX ACCREDITED WAREHOUSES AS ON 10 JUNE 2013 PULSES SPECIAL BULLETIN 10 th June, 2013 Pulses Market Summary Pulses traded mix in the spot, however with the monsoon rains covering major geographical area of the country supplies have been limited and

More information

SELL GROUNDNUT ON HARVEST

SELL GROUNDNUT ON HARVEST SELL GROUNDNUT ON HARVEST Grown under rainfed conditions, groundnut is a major oilseed crop and it plays a vital role in bringing vegetable oil deficit in the country. India is the second largest producer

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 29-Nov-2016 As on 28-Nov-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

Summary of WASDE and Production USDA

Summary of WASDE and Production USDA Summary of WASDE and Production USDA The following information are summary and extracts from the latest, AUG 2016, WASDE and World Agricultural Production reports provided by the United States Department

More information

Maize Weekly Research Report

Maize Weekly Research Report Maize Weekly Research Report Contents Executive Summary Recommendations International Corn Market Summary Export Parity Trend Export Break Up By Major Countries Business from various sourcing centers during

More information

Content. Monsoon Report and Sowing Update. Highlights. Southwest Monsoon: A flashback of Southwest Monsoon A slow beginning

Content. Monsoon Report and Sowing Update. Highlights. Southwest Monsoon: A flashback of Southwest Monsoon A slow beginning Content Highlights Southwest Monsoon: A flashback of 2011 Southwest Monsoon 2012- A slow beginning Hike in MSP of Kharif crops Sowing Progress of Kharif crops - Cereals - Pulses - Oilseeds - Cotton - Sugarcane

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 10-Nov-2016 As on 09-Nov-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

Maize Monthly Research Report

Maize Monthly Research Report Maize Monthly Research Report Contents Outlook and Review Recommendations International Corn Market Summary AW Maize Index India Maize Balance Sheet State Wise Market Dynamics Domestic Price Outlook On

More information

S E A S O N A L COMMODITY INSIGHT

S E A S O N A L COMMODITY INSIGHT S E A S O N A L COMMODITY INSIGHT 17 th December 2014 Chana (Chickpea) India produces a quarter of the world s pulses, accounting for one third of the total acreage under pulses. Indians consume 30 per

More information

CROP. JEERA Special report. Sowing and harvesting period. Cropping season

CROP. JEERA Special report. Sowing and harvesting period. Cropping season CROP Jeera or cumin seed is the dried fruit of a small herbaceous plant and is used mainly in cooking in India. It is grown in countries like India, Turkey and Syria and is used as food item and in medicines

More information

INDIAN SOYBEAN - IS THE BULL RUN TO STAY?

INDIAN SOYBEAN - IS THE BULL RUN TO STAY? INDIAN SOYBEAN - IS THE BULL RUN TO STAY? Report Highlights: Indian exporters are signing fresh Soymeal export contracts at record prices of $330-$340 per tonne, including cost and freight, to destinations

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 23-Dec-2016 As on 22-Dec-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

Potato Short Note. 31 Jan Introduction. Seasonality

Potato Short Note. 31 Jan Introduction. Seasonality 31 Jan 2008 Potato Short Note Introduction Potato is the world's fourth important food crop after wheat, rice and maize because of its higher yield potential along with high nutritive value. With an annual

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 23-Nov-2016 As on 22-Nov-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

August 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project,

August 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project, August 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project, Plot No. F/E/78, 1 st Floor, LDB Building, Market Yard, Gultekdi, Pune-110037Tel.: 020-24270315,

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 07-Dec-2016 As on 06-Dec-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

Connecting Farmers to Markets FPO update September 2018

Connecting Farmers to Markets FPO update September 2018 Connecting Farmers to Markets FPO update September 2018 Connecting Farmers to Markets 1 28 August 2016 Snapshot 183* FPOs have opened accounts 173 FPOs in the process of opening trading accounts 12 States

More information

Castor Seed &Oil Monthly Research Report

Castor Seed &Oil Monthly Research Report April, 26 Castor Seed &Oil Monthly Research Report Contents Outlook and Review Recommendations Seed Supply & Demand Oil Supply & Demand Domestic Market Fundamentals Technical Analysis (Futures Market)

More information

GUAR SEASONAL REPORT

GUAR SEASONAL REPORT 7 th June, 2011 GUAR SEASONAL REPORT HIGH LIGHTS: Monsoon Prospects Acreage Projections Production Estimates Trade Policies Seasonality Ratio Analysis After such a historic rise in prices of guar seed

More information

Agri-Commodities Daily Report

Agri-Commodities Daily Report Content News in Brief Sugar Oilseeds Edible Oils Spices Cotton Agri-Commodity Heat Chart Technical Trend 16-Dec-2016 As on 15-Dec-2016 Commodity Exchange Contract Trend Commodities Daily Weekly Monthly

More information

Center for Indian Agricultural Marketing Intelligence

Center for Indian Agricultural Marketing Intelligence (CIAMI) May 2017 Tur Price Forecast For October to December - 2017 India is the largest producer and consumer of tur in the world. The average spot prices of tur in the Akola market are showing a downward

More information

Agenda note on oilseeds production by 2022

Agenda note on oilseeds production by 2022 Agenda note on oilseeds production by 2022 Contact: Madan Sabnavis Chief Economist madan.sabnavis@careratings.com 91-022-6754 3489 Bhagyashree C. Bhati Research Analyst bhagyashree.bhati@careratings.com

More information

Turmeric Seasonal Report

Turmeric Seasonal Report Turmeric Seasonal Report 23 March 2009 Market review The year 2009 has proved to be a year for turmeric as prices rallied from the very first day of the year and has never looked back since. Turmeric futures

More information

10 March Barley: A Parabolic Move

10 March Barley: A Parabolic Move Barley: A Parabolic Move 1 Barley is an annual cereal crop consumed as a major food and feed. Basically a grass crop, it belongs to the family of Poaceae, and is considered to be the fourth most-important

More information

WHEAT SEASONAL REPORT

WHEAT SEASONAL REPORT 1 st March 2011 WHEAT SEASONAL REPORT Investment strategies: Positions (NCDEX) Contracts TP SL Risk Reward Roll over Sell at 1270-1290 March 1180/1150 1368-8800 10000 15 th March Sell at1220-1240 April

More information

April 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project,

April 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project, April 2018 Centre for Indian Agricultural Marketing Intelligence Maharashtra Agricultural Competitiveness Project, Plot No. F/E/78, 1 st Floor, LDB Building, Market Yard, Gultekdi, Pune-110037Tel.: 020-24270315,

More information

Market arrivals and price volatility of select agricultural commodities in India: A statistical analysis

Market arrivals and price volatility of select agricultural commodities in India: A statistical analysis International Journal of Commerce and Management Research ISSN: 2455-1627, Impact Factor: RJIF 5.22 www.managejournal.com Volume 3; Issue 5; May 2017; Page No. 161-168 Market arrivals and price volatility

More information

For the year Period Outlook Target (Delhi spot) Medium Term (July-Aug) Bullish Current spot market (Delhi) price: 2300

For the year Period Outlook Target (Delhi spot) Medium Term (July-Aug) Bullish Current spot market (Delhi) price: 2300 17 April 2009 Chana Seasonal Report update For the year 2009 Period Outlook Target (Delhi spot) Medium Term (July-Aug) Bullish 2600-2650 Current spot market (Delhi) price: 2300 Prepared by: Research Desk

More information

India. India Grain Voluntary Update - October 2017

India. India Grain Voluntary Update - October 2017 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 10/3/2017 GAIN Report Number:

More information

MARTINSON AG. Oct. 13, 2017 WHEAT

MARTINSON AG. Oct. 13, 2017 WHEAT MARTINSON AG Oct. 13, 2017 WHEAT Wheat began the week by trading lower throughout the session, then ended mixed on the close with Mpls steady while the winter wheat contracts were lower. The winter wheat

More information

Presented by : Chowda Reddy Commodities Research Desk

Presented by : Chowda Reddy Commodities Research Desk Fundamentals of Cotton Presented by : Chowda Reddy Commodities Research Desk 1 Introduction Cotton - King of Fibres (belongs to the order Malvales, family Malvaceae) Sowing : June - July, Harvest: September

More information

Agri Trends 14 June 2017

Agri Trends 14 June 2017 Agri Trends 14 June 2017 Wheat import tariff pending announcement and revisions causing more uncertainty. Approximately half of the wheat that South Africa consumes is imported. Because SA is a net wheat

More information

Decision enabling cash market analysis & price outlook. Report Summary Last closing USD (+16.00) per MT as on October 11, 2013

Decision enabling cash market analysis & price outlook. Report Summary Last closing USD (+16.00) per MT as on October 11, 2013 Decision enabling cash market analysis & price outlook For the week beginning Oct 15, 213 Argentina Soy Oil 1 Month Forward Fundamental Summary Report Summary Last closing USD 93. (+16.) per MT as on October

More information

Rice Weekly Research Report 30 th April, 2018

Rice Weekly Research Report 30 th April, 2018 Rice Weekly Research Report Contents Outlook and Review Weekly Price Change Weekly Rice Export Progressive Procurement FOB-1121 Steam International Rice Market Summary IGC Balance Sheet CBOT Trend Outlook

More information

MARTINSON AG. Feb. 23, 2018 WHEAT

MARTINSON AG. Feb. 23, 2018 WHEAT MARTINSON AG Feb. 23, 2018 WHEAT To start the short week, wheat opened with modest gains but slipped to end the session lower. Early support came from disappointing weekend rains in the Southern Plains.

More information

Weekly Report (First week April 2018)

Weekly Report (First week April 2018) Weekly Report (First week April 2018) Commodity Outlook and Situation Analysis Project Agriculture Ministry to push for farmers' MSP soon The agriculture ministry will soon move a Cabinet note seeking

More information

Rice Monthly Research Report 5 July, 2017

Rice Monthly Research Report 5 July, 2017 Rice Monthly Research Report Contents Outlook and Review Price Estimate Domestic Market Fundamentals Monthly Stock & Procurement Export Statics Outlook International Rice Market Summary Parity Sheet CBOT

More information

Friday Aug 10, 2012 World Ag Supply & Demand Report

Friday Aug 10, 2012 World Ag Supply & Demand Report Friday Aug 10, 2012 World Ag Supply & Demand Report U.S. 2011/12 Old Crop Corn is Supportive Global Old Crop Corn is Slightly Bearish USDA estimates the 2011/12 U.S. corn carryout at 1,021 million bushels,

More information

United Nations Conference on Trade and Development

United Nations Conference on Trade and Development United Nations Conference on Trade and Development 1th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 25-26 April 218, Geneva Assessing the recent past and prospects for grains and oilseeds markets

More information

13 March Prepared by. Karvy Comtrade Ltd Hyderabad

13 March Prepared by. Karvy Comtrade Ltd Hyderabad 13 March 2009 Cotton Seasonal Report Update 2009 Prepared by Karvy Comtrade Ltd Hyderabad COTTON Cotton report for 2008-09 season was released in the first week of January 2009 with extensive coverage

More information

Agri Trends 29 September 2017

Agri Trends 29 September 2017 Agri Trends 29 September 2017 How South Africa compares with the USA you have reason to be a proud South African! Being biased towards South Africa we decided to compare South Africa with the USA based

More information

Agri Trends 22 February 2018

Agri Trends 22 February 2018 Agri Trends 22 February 2018 Credit agencies responded positively on the budget speech. Moody s pending decision on their ratings review is still outstanding but early indications are that they will confirm

More information

Connecting Farmers to Markets FPO update May 2018

Connecting Farmers to Markets FPO update May 2018 Connecting Farmers to Markets FPO update May 2018 Connecting Farmers to Markets 1 28 August 2016 60 1000 5050 6068 6728 8558 8958 10118 10568 10768 10948 11678 12098 12728 13558 13938 17594 21138 21250

More information

Morning Comments

Morning Comments Next USDA Reports: Tomorrow, Friday April 8, 2011 WASDE & Crop Production Position Management: The table shows how the Model Farm is positioned at this time. Individual recommendations may vary. 2010 Crop

More information

Gujcot Trade Association

Gujcot Trade Association Gujcot Trade Association WEEKLY REPORT Market Movement from RD Sep to TH Sep Gujarat Cotton prices of 29 mm remained between, to, Rs./Candy. Outstate arrivals almost ended. All India Daily Arrivals remained

More information

Agri Trends 09 March 2018

Agri Trends 09 March 2018 Agri Trends 09 March 2018 Holy Guacamole! You had me at Avocado. The demand for avocado outstrips the ability of the industry to ramp up production and to meet the global demand with sufficient supply.

More information

Morning Comments

Morning Comments Position Management: The table shows how the Model Farm is positioned at this time. Individual recommendations may vary. 2010 Crop 2011 Crop 2012 Crop Corn 90% sold with basis set 50% sold HTA 30% sold

More information

8 th September, Medium term(dec Jan) Supply Demand Price

8 th September, Medium term(dec Jan) Supply Demand Price 8 th September, 2008 Seasonal Outlook On Chilli Medium term(dec Jan) Supply Demand Price Introduction Chilli is considered as one of the commercial spice crops. It is the most widely used universal spice,

More information

March WASDE Prices Lower on Falling US Exports

March WASDE Prices Lower on Falling US Exports Agri Commodity Markets Research March WASDE Prices Lower on Falling US Exports The USDA Rabobank s assessment of the USDA s March 213 WASDE: Corn Neutral Soybeans Bearish Wheat Bearish Cotton Neutral/Bullish

More information

SOYBEANS: LOW PRICES TO PERSIST

SOYBEANS: LOW PRICES TO PERSIST SOYBEANS: LOW PRICES TO PERSIST JANUARY 2002 Darrel Good 2002 - NO. 2 Summary Soybean prices received some support from the USDA s January 11 final U.S. production estimate for the 2001 crop. At 2.891

More information

October 11, Impact of India s demonetization on agricultural markets

October 11, Impact of India s demonetization on agricultural markets Impact of India s demonetization on agricultural markets Nidhi Aggarwal Sudha Narayanan October 11, 2017 When 86% of the money was deemed invalid in one stroke! Notes in circulation (in Rs. Bn) 10000 14000

More information

Ritesh Kumar Sahu Analyst (022) (Ext 6165)

Ritesh Kumar Sahu Analyst (022) (Ext 6165) Content News in Brief Chana Sugar Oilseeds Edible Oils Spices Cotton Prepared by Anuj Gupta A.V.P - Research Anuj.gupta@angelbroking.com (011) 49165954 Ritesh Kumar Sahu Analyst riteshkumar.sahu@angelbroking.com

More information

Morning Comments

Morning Comments Position Management: The table shows how the Model Farm is positioned at this time. Individual recommendations may vary. 2010 Crop 2011 Crop 2012 Crop Corn 80% sold 20% basis open July 40% sold HTA 20%

More information

Agri Trends 25 January 2019

Agri Trends 25 January 2019 Agri Trends 25 January 2019 The summer crop production areas drought, lead to a price decline in the beef industry. The suspension of beef exports and the poor outlook of summer crops which will subsequently

More information

Rice Monthly Research Report 5 July, 2016

Rice Monthly Research Report 5 July, 2016 Contents Outlook and Review Price Estimate Domestic Market Fundamentals Monthly Stock & Procurement Export Statics Outlook International Rice Market Summary Parity Sheet CBOT Trend Outlook and Review:

More information

Welcome! Quarter Results. V Shankar 18 th January, Copyright Rallis India Limited. All rights reserved

Welcome! Quarter Results. V Shankar 18 th January, Copyright Rallis India Limited. All rights reserved Welcome! Quarter 3 2010-11 Results V Shankar 18 th January, 2011 Financial Performance : Key Highlights Q3: Sept Dec, 2010 Cr Q 3 09-10 Q 3 10-11 Growth % Over LY Gross Sales 219 290 32% Profit before

More information

Basmati rice, guargum drive India s April-June agri exports. Buffalo meat shipments stay flat

Basmati rice, guargum drive India s April-June agri exports. Buffalo meat shipments stay flat 01.08.2017 Basmati rice, guargum drive India s April-June agri exports Buffalo meat shipments stay flat India s agri exports for the April-June quarter rose by almost a tenth in dollar terms and 7 per

More information

Rice Weekly Research Report 26 th March, 2018

Rice Weekly Research Report 26 th March, 2018 Rice Weekly Research Report Contents Outlook and Review Weekly Price Change Weekly Rice Export Progressive Procurement FOB-1121 Steam International Rice Market Summary IGC Balance Sheet CBOT Trend Outlook

More information

Agri Trends 04 May 2018

Agri Trends 04 May 2018 Agri Trends 04 May 2018 Is listeriosis under control? Since the recall of affected products on 4 March from shop shelves the incidence of listeriosis dropped significantly. Compared to the level of occurrences

More information

ASTARTA Results for the year 2015

ASTARTA Results for the year 2015 ASTARTA Results for the year 2015 March 2016 Disclaimer 2 This presentation is being provided to you solely for your information and may not be reproduced or further distributed to any other person or

More information

China hits back where it hurts - soybeans

China hits back where it hurts - soybeans Economic and Financial Analysis 4 April 2018 Article 4 April 2018 China hits back where it hurts - soybeans Commodities China said it would retaliate against US tariffs, and that is exactly what they did

More information

Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst

Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst Corn growers enjoyed an outbreak of optimism last week at Commodity Classic

More information

The weather continues to be the key focus in the domestic market for both summer and winter crop

The weather continues to be the key focus in the domestic market for both summer and winter crop ZAR/USD 13 July 2018 South African Agricultural Commodities Weekly Wrap The weather continues to be the key focus in the domestic market for both summer and winter crop growing areas. Earlier in the week,

More information

THE HIGHTOWER REPORT

THE HIGHTOWER REPORT Futures Analysis & Forecasting HightowerReport.com Strategies for the March 31st USDA Prospective Plantings Report Large Grain Supply May Not Be Enough! Several years ago, the amount of food consumed inside

More information

EASTERN CORN BELT DELAYS CONTINUE, MORE FARM PROGRAM DETAILS

EASTERN CORN BELT DELAYS CONTINUE, MORE FARM PROGRAM DETAILS May 31, 22 Ames, Iowa Econ. Info. 1839 EASTERN CORN BELT DELAYS CONTINUE, MORE FARM PROGRAM DETAILS Corn prices in the next two weeks will continue to be moderately sensitive to weather and planting progress

More information

2018/19 Soybean Market Outlook & Strategies

2018/19 Soybean Market Outlook & Strategies 2018/19 Soybean Market Outlook & Strategies Frayne Olson, PhD Crop Economist/Marketing Specialist Director Burdick Center for Cooperatives frayne.olson@ndsu.edu 701-231-7377 (o) 701-715-3673 (c) NDSU Extension

More information

MARTINSON AG. Jan. 12, 2018 WHEAT

MARTINSON AG. Jan. 12, 2018 WHEAT MARTINSON AG Jan. 12, 2018 WHEAT Wheat started the week by opening lower in the overnight session and proceeded to trade mixed throughout the day with strength in Mpls and modest losses in the winter wheat

More information

Cotton Outlook February 2018

Cotton Outlook February 2018 Cotton Outlook February 2018 Cotton is an important commercial crop of India and plays a key role in the national economy. China, India, USA, Pakistan, Brazil, Uzbekistan, Australia, Turkey, Turkmenistan

More information

16 th October, Turmeric Crop Survey & Analysis 2015

16 th October, Turmeric Crop Survey & Analysis 2015 Turmeric Crop Survey & 02-Jun-14 02-Jul-14 02-Aug-14 02-Sep-14 02-Oct-14 02-Nov-14 02-Dec-14 02-Jan-15 02-Feb-15 02-Mar-15 02-Apr-15 02-May-15 02-Jun-15 02-Jul-15 02-Aug-15 02-Sep-15 02-Oct-15 Rs Per Quintal

More information

MARTINSON AG. Feb. 9, 2018 WHEAT

MARTINSON AG. Feb. 9, 2018 WHEAT MARTINSON AG Feb. 9, 2018 WHEAT Wheat started the week by opening the overnight session lower with selling spilling over from the lower corn and soybean markets. Losses were kept in check by reports of

More information

MARTINSON AG. March 29, 2018 WHEAT

MARTINSON AG. March 29, 2018 WHEAT MARTINSON AG March 29, 2018 WHEAT Wheat began the week by opening the overnight session with gains but slowly faded throughout the session to end the day lower in all three exchanges. Early support came

More information

Grain Market Outlook and Marketing Strategies

Grain Market Outlook and Marketing Strategies Grain Market Outlook and Marketing Strategies Presented by: Brian Roach Dec 6 & 7, 2016 Roach Ag Marketing, Ltd. Disclaimer: Futures/options trading involves substantial risk of loss and trading may not

More information

Rice Weekly Research Report 28 th Nov, 2016

Rice Weekly Research Report 28 th Nov, 2016 Rice Weekly Research Report Contents Outlook and Review Weekly Price Change Weekly Rice Export Progressive Procurement FOB-1121 Steam International Rice Market Summary IGC Balance Sheet CBOT Trend Outlook

More information

TECHNO FUNDA REPORT ON GUAR

TECHNO FUNDA REPORT ON GUAR Page 1 The history Taking a look at the long charts, overall the guar complex is trading near its yearly high & is maintaining its course of uptrend since past 3 years. However, last year the duo moved

More information

No lipstick for this pig USDA report bearish for soybeans -- period By Bryce Knorr, senior grain market analyst

No lipstick for this pig USDA report bearish for soybeans -- period By Bryce Knorr, senior grain market analyst No lipstick for this pig USDA report bearish for soybeans -- period By Bryce Knorr, senior grain market analyst USDA s September reports were about as bearish for soybeans as you can get. A bigger than

More information

Wednesday July 11, 2012 World Ag Supply & Demand Report

Wednesday July 11, 2012 World Ag Supply & Demand Report World Ag Supply & Demand Report U.S. 2011/12 Old Crop Corn is neutral Global Old Crop Corn is neutral USDA estimates the 2011/12 U.S. corn carryout at 903 million bushels, up from 851 million bushels from

More information

GRAIN PRICES TO REFLECT STARLINK, SOUTH AMERICAN WEATHER, AND FARMER MARKETING PATTERNS

GRAIN PRICES TO REFLECT STARLINK, SOUTH AMERICAN WEATHER, AND FARMER MARKETING PATTERNS January 2, 2001 Ames, Iowa Econ. Info. 1804 GRAIN PRICES TO REFLECT STARLINK, SOUTH AMERICAN WEATHER, AND FARMER MARKETING PATTERNS Corn and soybean futures prices have shown some volatility in the last

More information

Technical Analysis. Cotton Association of India. Price outlook for Gujarat-ICS-105, 29mm and ICE cotton futures for the period 28/11/17 to 26/12/17

Technical Analysis. Cotton Association of India. Price outlook for Gujarat-ICS-105, 29mm and ICE cotton futures for the period 28/11/17 to 26/12/17 Weekly Publication of Cotton Association of India Edited & Published by Amar Singh 2017-18 No. 35 28 th November, 2017 Published every Tuesday Cotton Exchange Building, 2nd Floor, Cotton Green, Mumbai

More information

Morning Comments

Morning Comments Next USDA Reports: Wednesday May 11, 2011 WASDE & Crop Production Position Management: The table shows how the Model Farm is positioned at this time. Individual recommendations may vary. 2010 Crop 2011

More information

SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED

SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED April 14, 2000 Ames, Iowa Econ. Info. 1787 SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED USDA s World Agricultural Outlook Board raised its estimate of combined Brazilian and Argentine soybean production

More information

Iowa Farm Outlook. December 15, 2004 Ames, Iowa Econ. Info. 1900

Iowa Farm Outlook. December 15, 2004 Ames, Iowa Econ. Info. 1900 Iowa Farm Outlook December 15, 24 Ames, Iowa Econ. Info. 19 Beef and Pork Price Relationships Historically, beef and pork prices have moved somewhat together. They are substitutes in the consumer s shopping

More information

KSU Agriculture Today Radio Notes

KSU Agriculture Today Radio Notes KSU Agriculture Today Radio Notes Daniel O Brien, Extension Agricultural Economist, Kansas State University For Radio Program to be aired 10:00-10:15 a.m., Friday, September 8, 2017 I. Grain Futures Closes,

More information

Steve Freed Vice President ADMIS Research

Steve Freed Vice President ADMIS Research Steve Freed Vice President ADMIS Research Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable

More information

Agri Trends 9 May 2017

Agri Trends 9 May 2017 Agri Trends 9 May 2017 Uncertainty about wheat tariff is unfair As soon as a new tariff is taken under consideration, it should first be approved and published in the Government Gazette. When the tariff

More information

Monthly Report (May 2018)

Monthly Report (May 2018) Monthly Report (May 2018) Commodity Outlook and Situation Analysis Project Normal monsoon predicted, Centre sets target for foodgrain production Backed by forecast of normal monsoon rainfall, the Centre

More information

NCoMM NCML COMMODITY MARKET MONITOR ANSWERS & LUCKY WINNER OF PREVIOUS WEEK S QUIZ WEEKLY ONLINE QUIZ

NCoMM NCML COMMODITY MARKET MONITOR ANSWERS & LUCKY WINNER OF PREVIOUS WEEK S QUIZ WEEKLY ONLINE QUIZ Cotton Sugar Soyben RM Seed Castor seed Turmeric Jeera NCoMM NCML COMMODITY MARKET MONITOR ANSWERS & LUCKY WINNER OF PREVIOUS WEEK S QUIZ NCoMM NCML COMMODITY MARKET MONITOR WEEKLY ONLINE QUIZ HOME Click

More information

As we set out in our note on 05 October 2017, South Africa s 2017/18 total maize supplies are at 17.1 million tonnes,

As we set out in our note on 05 October 2017, South Africa s 2017/18 total maize supplies are at 17.1 million tonnes, 06 October 2017 South African Agricultural Commodities Weekly Wrap The South African Supply and Demand Estimates Committee s latest data paints a mixed picture regarding the country s grain and oilseed

More information