In 2023, Brazil exported 55 million tons of corn and became the world’s largest exporter of the cereal during the season. However, for 2024 the scenario should be different, given […]
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Day: June 14, 2024
MSME’s Lead Chia Seed Exports in South American Countries
Chia seeds were one of the most manufactured products sent by MSMEs (Micro, Small, and Medium Enterprises) to the international market, reaching a total of USD 23 million last year, […]
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USDA Surprises Traders by Maintaining Corn Production Forecasts for Brazil and Argentina
Unchanged Production Forecasts Traders were closely monitoring the global corn balance data for the 2023/24 marketing year, expecting significant reductions in the corn crop forecasts for Brazil and Argentina. However, […]
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Limited Black Bean Supply and Stabilized Prices in Dalian
Scarce Supplies in Production Areas Currently, the production area for black beans in Dalian is limited. Most Heijiang grain merchants have depleted their inventory, and there are no supplies at […]
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Dalian Mung Bean Market Sees Faster Sales and Limited Residual Grain
Faster Sales Progress According to feedback from exporters, sales of mung beans in Dalian are progressing 6 percentage points faster than during the same period last year. This rapid sales […]
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Wheat Prices Decline Amid Optimistic USDA June Report
USDA Report Surprises Traders Wheat prices continued to decline following the release of the June USDA report, which presented more optimistic data than traders expected. Despite a forecasted drop in […]
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Soybean Prices Drop in Maharashtra: Farmers Struggle as Soybean Prices Fall Below MSP
Current Market Conditions Soybean prices in Maharashtra have fallen significantly, creating a challenging situation for farmers. While onion prices are rising rapidly in the state, soybean prices have decreased drastically. […]
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Millet Prices Expected to Drop Further with New Crop Arrivals
New Millet Crop Arrival Lowers Prices The arrival of the new Sathi millet crop in western Uttar Pradesh has led to a significant price decline. Over the past two days, […]
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Mustard Production – Revised Estimates and Implications for Exporters
The Solvent Extractors’ Association of India (SEA) has recently revised its production estimate for rapeseed mustard. This adjustment is significant for exporters, as it reflects changes in the agricultural terrain […]
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Castor Seed Prices Expected to Rise Due to Export Demand
Decrease in Daily Arrivals of Castor Seed Daily arrivals of castor seed in Gujarat mandis have decreased compared to earlier levels. The price of castor seed in Gujarat mandis increased […]
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