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INDIA GRAIN TRADERS
Ample world inventories may soften El Nino food supply shockA potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large e...- Livestock industry demands 1.5 million tonnes soymeal imports amid price surgeIndia's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have su...
- Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...
- India's rice prices extend gains; Thai demand firmsIndian rice export prices rose due to strong demand and a stronger rupee, while Thai rice saw increased interest from the Philippines and A...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- Kharif reset: Farmers may ditch paddy and maize for soybean, pulses amid monsoon fearsAs the kharif season approaches, farmers are leaning towards cultivating oilseeds like soybean and pulses such as urad and masur, primarily...
- India resumes wheat exports after four years but high prices likely to limit demandIndia has resumed wheat exports for the first time in four years, with ITC loading 22,000 metric tons for the UAE. A record harvest and hig...
- Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
- Asian buyers step up Indian corn imports as drought cuts Argentine cropIndian corn is quoted around $310-$315 a tonne, including cost and freight (C&F), to Southeast Asia, compared with South American corn bein...
- India's rice export rates up as planting lags, floods ruin Bangladesh cropIndia's farmers have planted 12.85 million hectares with the grain so far this season, farm ministry data showed last Friday, down 17% from...
- Rice rates rise as fears of export curb accelerate demandIndia's 5% broken parboiled rice was sold at prices of $357 to $362 per tonne this week, compared with $355 to $360 in the previous week.
- India considers allowing wheat shipments trapped at portsThe sudden ban on wheat exports trapped about 1.8 million tonnes of the grain at ports, potentially forcing traders to take heavy losses. O...
- India sells record 1.4 million tonne wheat in April, could export 1.5 MT in MayIndia is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in la...
- Grain traders shut shop, protest against imposition of GSTTraders claim that brands, howsoever small, dominate the wholesale trade now, as increased awareness has tilted the scale in favour of pack...
- Traders fear rise in wheat price if reports of missing grain stocks in Punjab are trueTraders are also concerned that if the controversy is not resolved expeditiously, withholding of further food credit will lead to squeeze i...
- Flour mills to continue importing wheat from Australia despite 25% dutyLocal flour mills are expected to sign more contracts to source wheat from Australia despite them paying a 25% import duty, as demand for b...
- Traders like Cargill, ITC worried over slow arrival, poor quality of wheatUnseasonal rains over the past few weeks have taken away the sheen of the grains, reducing their shelf life. The amount of shrivelled and b...
- Grains, Pulses may cost more as Rail Budget 2015 hikes freight ratesVeena Sharma, secretary of Roller Flour Mills Federation of India, said, “Any increase in railway freight is bound to increase the flour pr...
- Rail Budget: Freight rate for grains and pulses up 10%Narang said that roller flour mills that buy wheat under the open market sale scheme of FCI will pass on the freight increase to consumer b...
- Commodity traders play safe as government talks tough on hoarding“The trading community has no option but to be terrified.” Such is the fear, particularly among traders in fruits and vegetables.
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