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.
According to Geojit Financial Services, Sowing of rabi crops in Gujarat as of Monday rose 5.5% on year to 4.9 million hectares, 5% higher than the normal area, according to a release by the state agriculture department.
According to Geojit Financial Services, The northeast monsoon completed its withdrawal from India Monday, over 10 days beyond its schedule, the India Meteorological Department said.
According to Geojit Financial Services, The northeast monsoon completed its withdrawal from India Monday, over 10 days beyond its schedule, the India Meteorological Department said.
According to Geojit Financial Services, The sowing of rabi crops in Andhra Pradesh has progressed to 1.5 million hectares as of Wednesday, up 18.1% on year from 1.3 million hectares sown in the corresponding period last year, according to a report released by the state's agriculture department.
Looking ahead, commodity markets will turn their attention to key central bank decisions. The Federal Reserve is widely expected to hold interest rates steady in its upcoming meeting, while the European Central Bank (ECB) is anticipated to cut rates by 25 basis points.
According to Geojit Financial Services, Gujarat's cotton production in the 2024-25 kharif season is likely to fall by 23.5% to 7.1 million bales (1 bale = 170 kg) from 9.2 million bales last year, according to the second advance estimates of area, production, and yield released by the state's agriculture department.
According to Geojit Financial Services, The rabi sowing in Andhra Pradesh has progressed to 1.3 million hectares as of Thursday, up 18% on year from 1.1 million hectares in the corresponding period last year, according to a report released by the state agriculture department.
According to Geojit Financial Services, The rabi sowing in Andhra Pradesh has progressed to 1.3 million hectares as of Thursday, up 18% on year from 1.1 million hectares in the corresponding period last year, according to a report released by the state agriculture department.
According to Geojit Financial Services, Sowing of rabi crops in Karnataka as of Dec. 31 rose by nearly 12% on year to 2.4 million hectares from 2.2 million hectares in the corresponding period last year, according to a report released by the state agriculture department.
According to Geojit Financial Services, India’s oilmeal exports dropped by 25% year-on-year to 398731 tonnes in December, while total exports for Apr-Dec fell 10% to 3.15 million tonnes, according to the Solvent Extractors' Association of India.
According to Geojit Financial Services, Though the El Nino–Southern Oscillation is currently in the 'La Nina Watch' range, the possibility of La Nina emerging between February and July is unlikely, the APEC Climate Center said in a report Wednesday.
According to Geojit Financial Services, In the 2024-25 (Oct-Sept) season, mills in India have produced 13.1 million tonnes of sugar as of Wednesday, down 13.7% from 15.1 million tonnes produced in the same period a year ago, according to data from the National Federation of Cooperative Sugar Factories.
Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competition