Soybean prices on October 20 increased by Rs 39 and settled at Rs 4,344 per quintal in the futures market. Soybean for November futures boosted Rs 39 on the national Commodity and Derivatives Exchange, which equals 0.91% and touched Rs 4,334 per quintal with an open interest of 88,880 lots. Significantly, there are only four …
On October 15, Thursday, Chicago wheat futures rallied to five-highs. Corn futures also gained a 14-month high while soybeans ended higher as exports continue. Significantly, the most-active wheat contract on the Chicago Board of Trade added 21-1/2 cents to $6.18-1/4 per bushel. Which is the highest since December 29, 2014. On the Chicago Board of …
After erratic rains and pest attack that hit central India this monsoon season, locally developed seed variety could not withstand those conditions. Soybean manufacturers in central India are waiting compensation from the government. Most farmers lost a massive part of their crops in the state of Madhya Pradesh. They protested for approximately two weeks in …
Rains devastated Soybean and farmers witnessed losses Read More »
According to the latest news, Paris wheat December futures prices remained strong. On Friday, the closing price was at €192.25/t on. A slight discount on the previous Friday at €194.50/t. Significantly, Chicago wheat prices declined last week in line with the strengthening dollar, forcing prices down to remain competitive on the export market. Besides, the …
On September 18, Friday, all commodities were trading higher as the amir increasing worries over a slump in the world’s economy. Gold increased by 0.11% while silver advanced 0.22%. All counters were up with zinc in the base metal block, growing the most at 0.79%. Crude oil gained 0.03%, and its peer natural gas dropped …
China should stop expanding soybean farms to leave space for strategic crops including rice, wheat, and corn, to ensure sufficient domestic food supply in light of growing tensions with the United States. The remarks at this year’s China Soybean Industry International Summit Forum noted a turn away from Beijing’s early push to expand domestic production …
China food security concerns of soybean expansion Read More »
Out of 1.8 million tons of oranges grown in Egypt, 1.68 million tons are exported around the world. The record pushed the country past Spain for the second year in a row. Egypt now accounts for 38 percent of global exports of oranges in 2019, according to ASWAQ financial company. The company explained that global …
Egypt Leads the Orange Export Industry 2 Years in a Row Read More »
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