Page 2 - Soybean

Indonesian crisis could spur focus on boosting local edible oil production

However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken

Soyoil prices surge to record high as Indonesia bans palm oil exports

Loss of shipments from Ukraine, the world's top supplier of sunflower oil, and drought in the world's top soybean oil exporter Argentina had already sparked a sharp rise in global vegetable oil prices

China's Vice Premier reviews farm output, seeks more soybean production

Hu also emphasized stabilising planted grains acreage and strengthening farmland protection, reiterating policies previously laid out by central leadership, Xinhua said

Govt imposes stock holding limits on soymeal till June 2022 to tame prices

Soymeal millers, processors can hold stocks only up to their 90 days of production, says circular.

India's Nov oilmeal exports down 51% due to sluggish soybean export: SEA

The country's oilmeal exports declined by 51 per cent to 1.62 lakh tonne in November of this year due to sluggish export of soybean meal, industry body SEA said on Friday. Since India is currently outpriced for soybean meal export as compared with other countries like Brazil and Argentina, the country is unlikely to undertake shipments in the next two-three months, it said in a statement. The country had exported 3.32 lakh tonne of oilmeal in the same month previous year. Oilmeals are used as animal feed in poultry and other sectors. According to the latest data released by the Solvent Extractors' Association (SEA), export of soybean meal declined to 42,383 tonne in November of this year from 1,98,776 tonne in the year-ago period. "Soybean crush margins in India are currently squeezed by pressure on meal prices and relatively high price expectation of farmers for soybean seed which is currently quoted over Rs 6,400 per quintal," it said. Soybean meal for export at ex-Kandla port i

Rising soybean rates cheer farmers, rattle poultry and oilseed extractors

Trade sources said lack of clarity on whether or not import of GM soybean meal beyond Jan 31 has been allowed is raising market sentiments along with overall bullishness in the edible oils complex

Kharif sowing till July 9 down 10.45% over last year, water levels high

Area under rice (-8.9%), soybean (-11.05%), bajra (-37.83%) and cotton (-17.51%) sees maximum shortfall

India May palm oil imports nearly doubles, soyoil jumps - trade body

India's sunflower oil imports rose 31% to 175,759 tonnes in May, it added.

Understanding the zero-sum game of the new agriculture infra cess

While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain

Soybean meal exports nearly triple to 26.8 mn tonnes in Dec on demand surge

India's soybean meal exports grew two-and-a-half times to 5.99 lakh tonnes during the first quarter of current oil marketing year

Commodity Picks: 30 November, 2020

Wheat prices in Delhi market are trading at Rs 1,811 per quintal

Commodity Picks: 23 November, 2020

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Commodity picks: 16 November, 2020

Soybean is trading at Rs 4,460 per quintal at the benchmark Indore markets; Seed prices at Deesa market are expected to trade towards Rs 4,570 - Rs 4,550 per quintal

Commodity picks: 9 November, 2020

Soybean is trading at Rs 4,406 per quintal at the benchmark Indore market; Barley in Jaipur is trading at Rs 1,450 per quintal

Commodity picks: 19 October, 2020

Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal; Chana price is expected to move up marginally from Rs 5,475 to Rs 5,525-5,550 per quintal in the Delhi market

Commodity picks: 12 October, 2020

Festive demand will keep buyers active, while limited availability will support prices

Brazil president to meet soy farmers amid oilseeds price inflation

Bolsonaro said he will rely on Agriculture Minister Tereza Cristina Dias to arrange the meeting with the growers

Commodity picks: 21 September, 2020

Soybean at the benchmark Indore market is trading at Rs 3,969 per quintal; Wheat is trading at Rs 1,800 per quintal in Delhi

Commodity picks: 14 September, 2020

Soybean is trading at Rs 3,835 per quintal at the benchmark Indore market; The cotton price of benchmark variety S6 is at around Rs 17,000 per bale

Commodity picks: 7 September, 2020

Weak demand from processors, and upcoming new crop arrival pressure is expected to keep the trend weak for soybean