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soybean prices: Should traders avoid soybean as prices go through the roof?

Soybean surged to a fresh peak on Friday, extending a record run in the past few sessions. At the current levels, the legume has taken its rally to 132 per cent from last years low of Rs 3,228 per 100 kilograms. NCDEX soybean futures for delivery in July were being quoted at Rs 7,550 per quintal on Friday evening, up Rs 231 or 3.16 per cent from the previous close, after surging to a record high of Rs 7,606 during the session. The refined soy oil contract for June delivery jumped by Rs 16.8 or ...
Ajay Kedia Research Analyst Mumbai Based Kedia Soybean Prices June Delivery Agri Commodities

Bayer to support Niti Aayog's AIM innovation initiatives in agriculture, healthcare

Bayer to support Niti Aayog’s AIM innovation initiatives in agriculture, healthcare April 13, 2021 Both organisations sign statement of intent for partnership German crop protection, chemical and pharma major Bayer on Tuesday announced its partnership with the Union Government’s flagship initiative Atal Innovation Mission (AIM) of Niti Aayog, the Centre’s think-tank, in supporting innovation and entrepreneurship in agriculture and healthcare. A statement from Bayer and AIM said that th...
Dadra And Nagar Haveli Atal Innovation Mission Union Government Bayer Cropscience Niti Aayog Global Innovation

Findoc Commodities recognised by NCDEX with Krishi Award 2021

Findoc Commodities recognised by NCDEX with Krishi Award 2021 ANI | Updated: Apr 05, 2021 14:13 IST New Delhi/ Ludhiana (Punjab) [India], April 5 (ANI/NewsVoir): National Commodity & Derivatives Exchange Limited (NCDEX), the only commodity exchange in the country promoted by national level institutions, has awarded Findoc Commodities with Krishi Pragati Awards 2021. Findoc commodities focus primarily on derivatives and commodities trading in Agri Commoditie...
Uttar Pradesh Findoc Finvest Private Bombay Stock Exchange Ltd Multi Commodity Exchange Of India Ltd National Commodity Derivatives Exchange Ltd Findoc Group Depository Participant
Source: aninews.in

FMO, FinDev Canada and OeEB support critical food supply in Africa

FMO, FinDev Canada, and OeEB have  announced a $115m syndicated loan facility that will allow Agri Commodities and Finance (ACF), one of the main trading companies of Export Trading Group (ETG) to improve and expand its operations in Africa. FMO acted as lead arranger in this syndicated facility that will indirectly support an estimated 600,000 smallholder farmers and the communities, while also contributing to more sustainable and climate-resilient agricultural practices across the continent....
Sabine Gaber Paulo Martelli Manish Jain Pieternel Boogard Trading Group Findev Canada

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European Union, China to promote, protect specific agri-food products

With the bilateral agreement on geographical indications (GIs) entering into force, the European Union (EU) and China will work on promoting the registered agri-food products as well as protecting the iconic names. In a press release, the EUs delegation to China said on Monday that the agreement protects initially 200 European and Chinese agri-food names against imitation and usurpation, bringing mutual trade benefits and introducing consumers to guaranteed, authentic products from "two regio...
Jiang Anqiu Mi Panjin Polska Wodka European Union Munchener Bier Pixian Dou Ban

Bullish commodity prices boost agri export prospects

Bullish commodity prices boost agri export prospects SECTIONS Last Updated: Mar 01, 2021, 09:29 AM IST Share Synopsis Wheat prices have shot up over 48 per cent in the international market since June 2020 while corn prices rose sharply over 91 per cent in the global market . iStock The exports of wheat, non-basmati rice, maize and other grains rose sharply in the past three quarters of the current fiscal year. NEW DELHI: Continued bullish trend in commodity prices has enhanced the prospects of ...
Mrutyunjay Mohapatra Commerce Ministry India Meteorological Department Basmati Export Development Foundation Union Ministry Of Agriculture Food Products Exports Development Authority

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