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According to Geojit Financial Services, The area sown under summer crops in Gujarat as of Monday reached 179,740 hectares, up 0.6% from 178,660 hectares sown in the same period last year, according to a report released by the state agriculture department.
According to Geojit Financial Services, The International Grains Council has scaled down its estimate for global production in 2024-25 by 3 million tonnes to 2,301 million tonnes, compared to its projections in January, according to a grain market report released Thursday.
The demand for gold may turn into a run on gold as the paper gold market is many times the physical gold stock
According to Geojit Financial Services, The International Grains Council has scaled down its estimate for global production in 2024-25 by 3 million tonnes to 2,301 million tonnes, compared to its projections in January, according to a grain market report released Thursday.
Short-term movements in oil prices will depend on whether the US increases or reduces sanctions, a decision likely influenced by Russia’s willingness to negotiate an end to its conflict with Ukraine.
According to Geojit Financial Services, Sowing of rabi crops in Telangana increased to 6.8 million acres (1 acre = 0.4 hectares) as of Wednesday,up nearly 9.1% from 6.2 million acres a year ago, according to a report by the state agriculture department.
According to Geojit Financial Services, The National Agricultural Cooperative Marketing Federation of India procured 2.82 million tonnes of oilseeds as of Monday, slightly more than the 2.78 million tonnes purchased as of Feb. 11, according to data by the central procurement agency released on Tuesday.
According to Geojit Financial Services, The value of India's rice exports in January rose 44.6% on year to $1.4 billion, while import of pulses soared 144.6% on year to nearly $756 million, according to data released by the Ministry of Commerce and Industry on Monday.
According to Geojit Financial Services, India exported 1.1 million tonnes of spices in Apr-Nov, up 11% on year from 955,477 tonnes exported a year ago, according to data from the Spices Board of India. Total exports of spices in dollar terms rose 7% on year to $2.87 billion during Apr-Nov. In rupee terms, exports rose 8% to INR 240.32 billion, the data showed.
According to Geojit Financial Services, The Cotton Association of India has lowered its January estimate for the country's cotton production for 2024-25 (OctSept) to 30.18 million bales (1 bale = 170 kg). In December, it had estimated the country's cotton production at 30.43 million bales.
The upcoming meeting between top officials from the US, Ukraine, and Russia in Saudi Arabia, aimed at resolving the Russia-Ukraine war, will be pivotal for market sentiment. A successful outcome could weigh on gold and oil prices, while fueling a rally in riskier assets.
According to Geojit Financial Services, Rabi sowing in Andhra Pradesh progressed to 1.8 million hectares as of Wednesday, up 11.2% from 1.6 million hectares a year ago, according to a report released by the agriculture department.
On Thursday, Trump tasked his economics team with devising plans for reciprocal tariffs on every country taxing U.S. imports, and the targets include China, Japan, South Korea and the European Union.
According to Geojit Financial Services, The US Department of Agriculture has trimmed its estimate for global oilseed output in 2024-25 to 677.70 million tonnes from 680.35 tonnes projected a month ago, it said in its World Agricultural Supply and Demand Estimates report for February.
According to Geojit Financial Services, Rabi crops have been sown across 6.5 million hectares in Maharashtra as of Monday, up 10.2% from 5.9 million hectares covered in the corresponding period last year, according to a report by the state agriculture department.
According to Geojit Financial Services, The country's horticulture crop output for 2024-25 (Jul-Jun) has been pegged at 362.1 million tonnes, 2.1% higher on year, according to the first advance estimate released by the Department of Agriculture and Farmers' Welfare.
According to Geojit Financial Services, Rabi sowing in Andhra Pradesh has reached 1.7 million hectares as of Wednesday, marking a 14.8% increase from 1.5 million hectares during the same period last year, according to a report from the state agriculture department.
Looking ahead, commodity market participants are likely to see continued volatility as they assess the potential impact of China’s counter-tariffs on a range of US products, set to take effect on February 10.
According to Geojit Financial Services, The El Nino–Southern Oscillation in the tropical Pacific is neutral and there is no possibility of a La Nina event, the Australian Bureau of Meteorology said in its fortnightly forecast on Wednesday.
According to Geojit Financial Services, Farmers in India have sown rabi crops over 66.10 million hectares as of Friday, up 1.5% from a year ago, according to data from the Department of Agriculture and Farmers' Welfare.
According to Geojit Financial Services, Farmers in India have sown rabi crops over 66.10 million hectares as of Friday, up 1.5% from a year ago, according to data from the Department of Agriculture and Farmers' Welfare. Rabi acreage was 4.1% higher than the normal area of 63.35 million hectares for the season.
According to Geojit Financial Services, The Union Budget for 2025-26 (Apr-Mar) announced the launch of the PM Dhan-Dhaanya Krishi Yojana, a comprehensive programme aimed at boosting rural prosperity and resilience.
Commodity markets are now focused on the upcoming US jobs report, particularly given Powell’s emphasis that future rate decisions will remain data-dependent.
According to Geojit Financial Services, The Economic Survey for 2024-25 (Apr-Mar), tabled in Parliament by Finance Minister Nirmala Sitharaman on Friday, noted that challenges such as climate change and water scarcity threaten the stability of India's agricultural sector and require targeted, region-specific interventions.
According to Geojit Financial Services, India received an average rainfall of 0.2 millimetres in the week ended Wednesday, 95% below the normal of 4.5 mm for the period, the India Meteorological Department said.
