The return of monsoon rains in portions of the important agricultural regions of Uttar Pradesh, Bihar, and West Bengal has caused a decrease in the paddy sowing imbalance over the past four weeks. The imbalance in paddy-sown regions has decreased to 4.9% compared to the same period last year, according to data issued by the…
Mandi In comparison to last year, tomato, onion, and garlic prices have significantly decreased as supplies have increased as a result of above-average monsoon rains in major production states like Maharashtra, Karnataka, and Andhra Pradesh. According to traders, given robust production and sufficient supply, prices of these important agricultural commodities are predicted to remain low…
Indonesia has lifted the suspension on agricultural products from India from March 25 with immediate effect, which is major relief to Indian exporters. Jakarta had suspended agricultural imports such as wheat, sugar, rice and maize from India after the latter failed to register its food safety testing laboratories, which issue Certificate of Analysis (COA), before…
The recent policies of the government affecting the pulses sector are betraying New Delhi’s chaotic thinking and knee-jerk reaction. First, as part of the agricultural market reform package, the government placed lentils outside the ambit of the law to intimidate other essential commodities such as oilseeds. The move sought to justify the removal of stock…
Argentine farmers have sold 20.9 million tonnes of soybeans since the 2020/21 season, up from 863,600 tonnes last week. According to official data, the rhythm of Argentine soybean sales is slower than the previous year, with 24.4 million tonnes of oilseeds sold this season. Argentina’s 2020/21 soybean harvest is expected to be 43.5 million tonnes,…
The Chicago-based research firm AgResource noted that the agricultural future of CBOT was flat as the agricultural market reacted to the rapid expansion of consumer demand. Fallen U.S. AgResource is positive for the agricultural futures amid dollar and strong consumer demand, suggesting that any early weekly correction offers a new buying opportunity. Spot CPOD corn…
The Chicago-based research firm AgResource noted that CBOT Agricultural Futures adjusted to technologically advanced prices last week. AgResource’s long-term outlook for the future of CBOT agriculture remains positive, but there may be some back and forth in the short term. Spot CBOD corn was low following the May expiration, with support for the July trial…
