Agri Picks Report November 11, 2024: Geojit Financial Services
According to Geojit, Farmers in Rajasthan have sown rabi crops over 4.22 million hectares as of Wednesday, down 14.7% on year from 4.94 million hectares sown in the corresponding period last year, according to a report by the state's agriculture department.
US inflation, retail sales in focus next week as commodity markets eye December rate decision
The metals market may remain soft as persistent deflationary pressures in China underscores that bolder actions are needed in case of a trade war with the US.
Agri Picks Report November 08, 2024: Geojit Financial Services
According to Geojit, Farmers in Maharashtra have sown rabi crops over 621,315 hectares as of Tuesday, down 40.3% on year from 1.04 million hectares a year ago, according to a report released by the state's agriculture department.
Agri Picks Report November 07, 2024: Geojit Financial Services
According to Geojit, The Indian Sugar Mills & Bio-Energy Manufacturers Association has retained its estimate for gross sugar production in 2024-25 (Oct-Sep)at 33.3 million tonnes, 2.3% lower than 34.1 million tonnes last year, according to ISMA's first advance estimates for sugar output.
Why commodity prices are expected to fall to their lowest level since 2020
The World Bank’s Commodity Price Index is expected to decline for three consecutive years, falling by 3 percent in 2024, 5 percent in 2025 and 2 percent in 2026
Agri Picks Report November 06, 2024: Geojit Financial Services
According to Geojit, India's food grain output during kharif season is estimated at a record 164.7 million tonnes due to good production of rice, jowar, and maize, according to the first advance estimate for 2024-25 (Jul-Jun) released by the government on Tuesday.
Agri Picks Report November 05, 2024: Geojit Financial Services
According to Geojit, Farmers in Andhra Pradesh have sown rabi crops over 101,000 hectares as of Wednesday, down 33.1% from 151,000 hectares sown in the same period last year, according to the first rabi sowing report of the season released by the state's government.
Agri Picks Report November 04, 2024: Geojit Financial Services
According to Geojit, According to the Indian Meteorological Department’s (IMD) monthly long range forecast released on Friday, rainfall over southern peninsular India during November is most likely to be above normal in the ongoing phase of northeast monsoon.
Agri Picks Report October 31, 2024: Geojit Financial Services
According to Geojit, Farmers in Rajasthan have sown rabi crops over 2.58 million hectares as of Monday, down slightly by 1.4% on year from 2.61 million hectares sown in the same period last year, according to the report released by the state's agriculture department.
Agri Picks Report October 30, 2024: Geojit Financial Services
According to Geojit, Farmers in Gujarat have sown kharif crops over 8.49 million hectares as of Oct. 14, down slightly by 1.4% on year, according to the final kharif sowing report released by the state's agriculture department.
Agri Picks Report October 29, 2024: Geojit Financial Services
According to Geojit, The output of cotton in the kharif season 2024-25 (Jul-Jun) in Rajasthan is expected to be up nearly 134% at 6.1 million tonnes from 2.6 million tonnes in the kharif season last year, according to the first advance estimates of area, production and yield released by the state's agriculture department.
Agri Picks Report October 28, 2024: Geojit Financial Services
According to Geojit, Farmers in Maharashtra have sown rabi crops over 192,938 hectares as of Tuesday, down 41.5% from 329,971 hectares sown in the corresponding period last year, according to a report released by the state government's agriculture department.
Market volatility to persist as commodity traders brace for key US data and election jitters
Traders may remain cautious in anticipation of the September Core PCE and labour market reports, the last key data points before the Fed's next policy decision on November 8. US and China PMI numbers will also be closely monitored.
Agri Picks Report October 25, 2024: Geojit Financial Services
According to Geojit, The country got an average rainfall of 18.4 mm in the week ended Wednesday, 23% above the normal rainfall of 15.0 mm for the period, the India Meteorological Department said.
Safe-haven gold hits record high on global uncertainties
Bullion has gained more than 33% this year and scaled multiple records, driven by global uncertainties and a looser monetary policy environment.
Agri Picks Report October 22, 2024: Geojit Financial Services
According to Geojit, The Cotton Association of India has estimated the country's cotton production in 2024-25 (Oct-Sept) at 30.2 million bales (1 bale = 170 kg), down 7.1% on year.
Agri Picks Report October 22, 2024: Geojit Financial Services
According to Geojit, India's soymeal exports fell 52% on year in September to 51,000 tonnes from 106,000 tonnes a year ago, the Soybean Processors Association of India said in a release Saturday.
Oil prices steady after 7% weekly drop
Brent had settled down more than 7% lower last week, while WTI lost around 8%.
IMF Annual Meeting and BRICS Summit set to influence commodity markets in data-light week
MCX Gold (December futures) on the daily chart has provided an upward breakout of its ‘Flag’ chart pattern confirming a bullish continuation. Also, price has taken support of its ‘Role Reversal’.
Agri Picks Report October 18, 2024: Geojit Financial Services
According to Geojit, Farmers in Maharashtra have sown rabi crops over 64,782 hectares as of Monday, down 64% from 180,661 hectares sown in the corresponding period last year, according to the season's first rabi acreage report published by the state's agriculture department.
Agri Picks Report October 17, 2024: Geojit Financial Services
According to Geojit, The Union Cabinet Wednesday approved a 2-7% hike in the minimum support price of six rabi crops for the marketing season starting in April.
Agri Picks Report October 16, 2024: Geojit Financial Services
According to Geojit, The National Commodity and Derivatives Exchange Limited has decided to bring forward by one day the expiry of the October futures contract of crude sunflower oil.
Agri Picks Report October 15, 2024: Geojit Financial Services
According to Geojit, The India Meteorological Department Monday said that the Northeast Monsoon is likely to begin over southeastern peninsular India around Tuesday and Wednesday.
Agri Picks Report October 14, 2024: Geojit Financial Services
According to Geojit, India's vegetable oil imports declined 30% on year to 1.09 million tonnes in September, the Solvent Extractors' Association of India said Friday.
