Agri Picks Report September 13, 2024: Geojit Financial Services
According to Geojit, India's soymeal exports rose 119% on year in August to 153,000 tn from 70,000 tn a year ago, the Soybean Processors Association of India said in a release.
Agri Picks Report September 12, 2024: Geojit Financial Services
According to Geojit, Farmers in Karnataka have sown kharif crops over 7.9 mln ha as of Friday, up 12.7% from 6.9 mln ha sown in the corresponding period last year, according to the report released by the state's agricultural department.
Agri Picks Report September 11, 2024: Geojit Financial Services
According to Geojit, Production of crude palm oil in Malaysia rose 2.9% on month to 1.89 mln tn in August, according to preliminary data from the Malaysian Palm Oil Board.
Agri Picks Report September 10, 2024: Geojit Financial Services
According to Geojit, India remained the largest buyer of Australian chickpeas in July, with over 64% share in total chana exports from the country.
Agri Picks Report September 09, 2024: Geojit Financial Services
According to Geojit, Above normal showers so far during the southwest monsoon have helped restore water levels in most reservoirs of the country.
US CPI in the spotlight next week as markets seek clarity on Fed's first rate cut
Upcoming key data releases from China could add further downward pressure on crude oil and metal prices if they continue to reflect a bleak economic outlook.
Agri Picks Report September 06, 2024: Geojit Financial Services
According to Geojit, Farmers in Andhra Pradesh sowed kharif crops over 2.2 mln ha as of Wednesday, up 4% from a year ago, according to data released by the state.
After a golden phase, what’s next for the yellow metal?
Since the lows of October 2023, gold prices are up by 38 percent beating the Nifty’s 28 percent return, but the past month has seen it take a breather. Does the rally still have legs left?
Commodities and the soft landing
And Turkish stocks’ wild ride
Agri Picks Report September 05, 2024: Geojit Financial Services
According to Geojit, The Cotton Association of India today said it has retained the country's production estimate for 2023-24 (Oct-Sep) at 31.8 mln bales (1 bale = 170 kg).
Agri Picks Report September 04, 2024: Geojit Financial Services
According to Geojit, The Cotton Association of India today said it has retained the country's production estimate for 2023-24 (Oct-Sep) at 31.8 mln bales (1 bale = 170 kg).
Agri Picks Report September 02, 2024: Geojit Financial Services
According to Geojit, Farmers in Telangana have sown kharif crops over 11 mln acres as of Wednesday, down nearly 6% from 11.6 mln acres covered in the corresponding period last year, according to the data released by the state.
Commodity investors to focus on US jobs report next week for clues on Fed rate cut path
Metals and crude oil may face a challenging start, as China’s manufacturing PMI contracted for the fourth consecutive month in August, indicating weak economic momentum and fuelling calls for fresh stimulus.
Agri Picks Report August 30, 2024: Geojit Financial Services
According to Geojit, The government is considering offloading its reserve stock of about 500,000 tn of chickpeas to cool prices of the commodity, a senior official at the Ministry of Consumer Affairs, Food and Public Distribution told Informist.
Agri Picks Report August 29, 2024: Geojit Financial Services
According to Geojit, The International Cotton Advisory Committee has forecast global cotton production is likely to increase to 26.33 mln tn in 2024-25, the highest level since 2017-18 driven by rebounds in major producing countries such as the US, India, China, Brazil and Pakistan.
Agri Picks Report August 28, 2024: Geojit Financial Services
According to Geojit, The Indian subcontinent is likely to receive above-normal rainfall as early stages of La Nina are expected to emerge during Sep -Nov, the World Meteorological Organization said in a global seasonal update on Monday.
Agri Picks Report August 27, 2024: Geojit Financial Services
According to Geojit, Rainfall across the country today was 11.1 mm, 62% above the normal of 6.9 mm on Monday, the India Meteorological Department said.
Centre's gold duty cut likely to spark buying spree during festivals
Higher demand in the world's second-largest gold consumer could support a rally in global prices, which hit a record high last week. But higher demand for gold imports could increase India's trade deficit and weigh on the rupee
Agri Picks Report August 26, 2024: Geojit Financial Services
According to Geojit, Farmers in Andhra Pradesh have sown crops over 1.98 mln ha as of Wednesday, up 3% from a year ago, according to data provided by the state's agricultural department.
Bullish sentiment to persist in bullion, supported by a weak US dollar and softer US yields
The highlight of the last week was Fed Chair Jerome Powell's speech at the Jackson Hole symposium. In addition, traders closely monitored the US Fed minutes and flash PMIs.
Agri Picks Report August 23, 2024: Geojit Financial Services
According to Geojit, Farmers in Telangana sowed kharif crops over 10.1 mln acres as of Wednesday, down 7% from a year ago, according to data provided by the state's agricultural department.
Agri Picks Report August 22, 2024: Geojit Financial Services
According to Geojit, Farmers across the country have sown kharif crops over 103.1 mln ha as of Tuesday, up 2% from a year ago with notable increase in acreage of paddy and pulses, data from the farm ministry showed.
Agri Picks Report August 21, 2024: Geojit Financial Services
According to Geojit, India's oilmeal exports in July rose 18% on year to 451,794 tn, according to data released by The Solvent Extractors' Association of India.
Motilal Oswal bets copper can test new highs this year: Here's what'll it take
Motilal Oswal's commodity head anticipates copper prices can potentially reach new life highs of over $11,000 on the LME and $11,500 later this year as demand recovers.
