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OILSEEDS NEWS
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
Monsoon to arrive in Kerala on May 26, six days early; IMD forecasts below-normal rainfall for 2026The monsoon is expected to arrive in Kerala on May 26, six days earlier than usual. This early onset is significant as it precedes sowing f...
Cabinet raises MSP of rabi crops for 2025-26Rabi Cops MSP Increase: The Union Cabinet has approved new Minimum Support Prices for Rabi crops for the 2025-26 season. Wheat MSP is incre...
Oilmeals export declines by 9% in Q1 FY 2034-25; June exports down by 20%: ReportForeign direct investments (FDI) in India’s information and broadcasting sector increased by 87% to Rs 7,012 crore for the fiscal year endi...
India likely to harvest record 11.5 million tonnes rapeseed this year: Industry bodyFarmers are likely to harvest a record 11.5 million tonnes in the crop year to June 2023, the Solvent Extractors' Association of India (SEA...
Soybean prices on the rise after stock limit removalOn November 1 2022, the Ministry of Consumer Affairs, Food & Public Distribution issued a notification on the removal of stock limits on ed...
Soaring edible oil prices deal blow to India’s inflation fightThe central government has taken steps to cool prices, including reducing import duties on palm, soybean oil and sunflower oil, and limitin...
Good rainfall helps farm sector post record kharif crop acreage despite Covid-19 and floodsAs on Friday, the total acreage was reported at 1,082 lakh hectares against 1,010 lakh hectares during the corresponding period last year –...
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEAThe Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to...
How to trade in crude oil, gold, silver and base metals todayTurmeric futures (April) is expected to trade sideways in the range of Rs 6,550-6,850.
Expect a better crop this Rabi seasonMeteorologists said there was a possibility of La Nina conditions to develop by November. La Nina is associated with more rainfall and cold...
Talk of stock limits for warehouses spooks commodity futures marketSo far stock limits did not apply to WDRA accredited warehouses. Futures market warehouses are mandatorily registered with WDRA.
Lower import costs to drag cooking oil prices downImported cooking oil prices for Aug shipment have dropped by 7-10%, which will make oils cheaper in the upcoming festive season by Rs 5 -7 ...
Rising temperature heats up soybean farmers’ stress levelsMonsoon wise, the next ten days are critical for soybean crop as sowing generally begins from the third week of June.
- Comfortably-placed China good for grain, oil markets
The world carefully tracks what China grows due to the sheer size of its food market. China buys food worth $12 billion from USA alone.
- Contract defaults hammer edible oil price
The edible oil industry has come to a standstill after crude palm oil crashed to 50% of this year’s top price.
- Govt plan to limit edible oil stock pulls down futures prices
Oilseeds prices in the futures market began to fall sharply on reports that states such as Delhi, Uttar Pradesh and Maharashtra would enfor...
- Pulses, oil may bite, sugar be sweeter
Hold the dal on your guest’s plate during this year-end festivities. The country’s best and only insurance on this front in the festival se...
- Oilseeds acreage declines 8%
The shift in the sowing area of mustard to wheat and chana (gram) has led to a 8% decline in the oilseeds acreage to 74.79 lakh hectares in...
- Rain did not come again another day, Kharif output down
The prognosis in the 2004-05 Economic Survey for the agriculture sector is bleak. Thankfully, a big chunk of the bad news has already been ...