Agri Picks Report January 15, 2025: Geojit Financial Services
According to Geojit Financial Services, Rabi sowing across the country as of Friday was 63.2 million hectares, up just 0.1% from last year, according to data from the Department of Agriculture and Farmers Welfare.
Agri Picks Report January 14, 2025: Geojit Financial Services
According to Geojit Financial Services, The USDA has revised its global oilseed production estimate for 2024-25, lowering it to 680.35 million tonnes from the previous 683.38 million tonnes, primarily due to reduced soybean, peanut, and rapeseed output.
Agri Picks Report January 13, 2025: Geojit Financial Services
According to Geojit Financial Services, Farmers in Andhra Pradesh have sown rabi crops across 1.2 million hectares as of Wednesday, up nearly 21% from 999,000 hectares a year ago, according to a release by the state agriculture department.
US inflation numbers to test commodity market nerves after upbeat jobs data
Looking ahead, commodity markets are now focused on upcoming US inflation and retail sales data for further guidance on monetary policy.
Agri Picks Report January 10 2025: Geojit Financial Services
According to Geojit Financial Services, The El Nino–Southern Oscillation in the tropical Pacific is neutral and there is some possibility of a La Nina event in the first two months of the year, the Australian Bureau of Meteorology said in its fortnightly forecast on Wednesday.
Agri Picks Report January 09 2025: Geojit Financial Services
According to Geojit Financial Services, Farmers in Maharashtra have sown rabi crops over 6.1 million hectares as of Monday, up 20.1% on year from 5.1 million hectares sown in the same period last year, according to a release by the state agriculture government.
Agri Picks Report January 08 2025: Geojit Financial Services
According to Geojit Financial Services, India's exports of spices rose 10% on year to 940,997.50 tonnes in Apr-Oct, according to data from the Spices Board of India.
Agri Picks Report January 07 2025: Geojit Financial Services
According to Geojit Financial Services, Growth of the agricultural and allied sectors is likely to be 3.5-4% this year, Minister of Agriculture and Farmers Welfare and Rural Development Shivraj Singh Chouhan said, according to a release by the ministry.
Agri Picks Report January 06 2025: Geojit Financial Services
According to Geojit Financial Services, The UN Food and Agriculture Organization's Food Price Index fell 0.5% on month to 127.0 points in December as declining prices of sugar, dairy products, vegetable oils, and cereals offset increases in meat, the organisation said in a report.
US jobs report, FOMC meeting minutes may help commodity traders to assess 2025 interest rate outlook
After two holiday-shortened weeks, traders are preparing for an event-packed week ahead, with FOMC meeting minutes, speeches from several Fed officials, services PMI, and the US jobs report all in focus.
Agri Picks Report January 03 2025: Geojit Financial Services
According to Geojit Financial Services, Arrivals of the new kharif tur crop in spot markets across the country rose 78% on year in December, to 84,130.33 tonnes from 47,154.63 tonnes in December 2023, according to the India Pulses and Grains Association.
Agri Picks Report January 02 2025: Geojit Financial Services
According to Geojit Financial Services, The Union Cabinet Wednesday approved the continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 (Apr-Mar), with an overall outlay of INR 695.15 billion from FY22 to FY26, the government said in a release.
Agri Picks Report January 01 2025: Geojit Financial Services
According to Geojit Financial Services, Farmers in Maharashtra have sown rabi crops over 5.8 million hectares as of Monday, up 21.6% on year from 4.7 million hectares in the same period last year, according to a report released by the state agriculture department.
Agri Picks Report December 31, 2024: Geojit Financial Services
According to Geojit Financial Services, The water level in 155 key reservoirs in the country fell to 135.404 billion cubic metres as of Thursday from 139.392 billion cubic metres on Dec.
Agri Picks Report December 30, 2024: Geojit Financial Services
According to Geojit Financial Services, The water level in 155 key reservoirs in the country fell to 135.404 billion cubic metres as of Thursday from 139.392 billion cubic metres on Dec.
PMI data to steer commodity markets in data-light new year week
Commodity traders should be cautious of increased volatility due to fewer market participants and reduced market depth in new year week.
Agri Picks Report December 27, 2024: Geojit Financial Services
According to Geojit Financial Services, The National Commodity and Derivatives Exchange on Monday said there would be a live trading session on Feb. 1 on account of the presentation of the Union Budget 2025-26 (Apr-Mar).
Importers take Tanzania, Thailand route to bring gold disguised as platinum alloy
According to multiple sources familiar with the development, importers are using a legally available route by importing alloy that has a platinum content of more than two percent – the rest is predominantly gold – and be in complete compliance with the Customs Tariff Act.
Agri Picks Report December 26, 2024: Geojit Financial Services
According to Geojit Financial Services, Farmers in Maharashtra have sown rabi crops over 5.5 million hectares as of Tuesday, up nearly 26% on year from 4.4 million hectares in the corresponding period last year, according to a report by the state agriculture department.
Agri Picks Report December 23, 2024: Geojit Financial Services
According to Geojit Financial Services, The National Commodity and Derivatives Exchange Ltd. will launch options contracts on turmeric, coriander, and jeera futures, according to a circular issued by the exchange Thursday.
Agri Picks Report December 20, 2024: Geojit Financial Services
According to Geojit Financial Services, The Securities and Exchange Board of India has extended the suspension of derivatives trade in wheat, chana, moong,paddy (non-basmati), mustard seeds and its derivatives, soya bean and crude palm oil till Jan 1, the regulator said in a release on Wednesday.
Agri Picks Report December 19, 2024: Geojit Financial Services
According to Geojit Financial Services, India's oilmeal exports in November fell 8.6% on year to 363,620 tonnes, according to data released by The Solvent Extractors' Association of India.
Agri Picks Report December 18, 2024: Geojit Financial Services
According to Geojit Financial Services, Farmers in Andhra Pradesh have sown rabi crops over 733,000 hectares as of Wednesday, up nearly 19% from 616,000 hectares sown in the corresponding period last year, according to a report released by the state agriculture department.
Agri Picks Report December 17, 2024: Geojit Financial Services
According to Geojit Financial Services, Farmers in Gujarat have sown rabi crops over 3.7 million hectares as of Monday, down 8.9% from 4.1 million hectares sown in the same period last year, according to a release by the state agriculture government.
