Eggs, chicken to turn costlier in India as feedstock prices rise

Eggs and chicken are set to become more expensive as the prices of poultry feed ingredients soyabean and maize are firming up due to a shortfall in supplies, companies and traders said. Traders expect maize production in the rabi season to drop further because of drought conditions in Maharashtra, Karnataka and Telangana. However, the situation […]

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Soybean output in India likely to reach 110 lakh tonnes on high acreage

Due to increase in acreage and conducive weather condition, country’s Soybean output is likely to touch 105 lakh tonne-110 lakh tonnes, industry experts aver. Although there was a drought like situation in some parts of key growing area, Soybean output have not been impacted much. The average production of the previous three seasons is in […]

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FAO sees world cereal production falling but supplies remaining ample in 2018/19

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The outlook for world cereal production has improved since last month, but the forecast production would still fall short of both last year’s record level and the anticipated consumption requirements in the 2018/19 marketing season, the FAO said in its latest monthly report. Consequently, world cereal stocks are set to decline – a decrease mostly […]

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Soyabean contracts gung-ho on NCDEX, receive 1.45 lakh tonnes deposits in 2 months 

India’s National Commodity and Derivatives Exchange (NCDEX) has received encouraging response on soyabean contracts with 1.45 lakh tonnes of deposits within just two months’ time of new arrival season. In last two years, the exchange witnessed record deposit of soyabean tendered on its platform. Soyabean value chain has deposited around 2.5 lakh tonnes goods during […]

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