Decreasing Reserves Spark Private Trader Activity As of the current financial year, the central government’s wheat stock reserves have dwindled to their lowest level in 16 years. They are currently […]
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Month: April 2024
Castor Oil Exports Show Notable Increase in Recent Financial Year
Increment in Export Quantities From April to February of the current financial year, castor oil exports have risen by 3.84 percent, reaching 559,179 tonnes compared to 538,484 tonnes in the […]
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Savor the Flavor: A Spicy Snapshot of This Week’s Market Madness
Excessive Supply Resulted Panic Selling In the Indian spice markets, significant fluctuations have been observed across various commodities. Fennel saw a notable increase, with prices rising by approximately $0,72 to […]
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USDA Leaves Brazil’s Soybean Crop Forecast Unchanged, Exerting Pressure on Prices
USDA Report Overview In its latest World Agricultural Supply and Demand Estimates (WASDE) report for April, the United States Department of Agriculture (USDA) surprised the market by maintaining its forecast […]
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Market Pressure Leads to Decreasing Corn Prices
Price Trends and Market Dynamics Recent reports indicate a growing sales pressure contributing to declining corn prices in Brazil. On April 12th, the average value of a bag of corn […]
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Increase in Soymeal Exports: India Marks a 14% Increase During the First Half of the 2023-24 Oil Year
Straight Forward Growth in Soymeal Exports India has reported a 14% increase in soymeal exports, reaching 1.34 million tonnes during the October to March period of the 2023-24 oil year. […]
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Almond Industry Report: March Position Insights
Receipts and Shipments The Almond Board of California’s recent release of the “March Position Report” offers valuable insights into the almond industry’s performance. March receipts surged to 27.89 million pounds, […]
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Yunnan Exporters Report Scarcity of Large White Kidney Beans
Stock Shortages and High Prices Export participants in Yunnan are reporting a scarcity of Chinese stocks of large white kidney beans, driving prices to high levels. Traders are exercising caution […]
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Ukraine’s Sugar Exports Surge in First Half of 2023/24 Season
Export Growth and Shift in Destination Markets Ukraine has witnessed a significant surge in sugar exports during the first half of the 2023/24 season, with exports reaching 430,000 tons. This […]
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Coconut Market Sees Price Surge Due to Nafed’s Procurement Initiatives
Nafed’s Market Intervention Boosts Prices in Southern States Nafed’s recent procurement of copra from the open market has led to a significant price increase for coconut oil in Kerala and […]
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