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TOP TEN RAINIEST CITIES IN INDIA ON WEDNESDAY

West Madhya Pradesh, parts of Maharashtra, coastal parts of Gujarat and Konkan and Goa received good showers on Wednesday. According to the latest we...


Delhi staring at a large rain deficit in July

Delhi has almost been dry this Monsoon season with 40% percent of rain deficit being observed in June. The month of July looks even worse as the defi...


Weather Forecast for India

Weather & Economy

Soybean| United States new soybean crop future rose as forecasts for dry weather.

July 25, 2014

United States new soybean crop future rose as forecasts for dry weather in parts of the United States Midwest raised concerns that the lack of moisture during the crop's key phase of development might cap yields. Dry weather will potentially limit US soybean yield as the crop nears its key pod-setting phase. Other News...

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Maize| Zimbabwe’s post estimates maize production to increase by 63 per cent.

July 25, 2014

Zimbabwe’s post estimates maize production to increase by 63 per cent, from 800,000 tons in the 2013-14 MY to about 1.3 million tons in the 2014-15 MY. This is due to the favorable rainfall and 36 per cent increase in corn area planted from 950,000 hectares in the 2013-14 MY to 1.3 million hectares...

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Sugarcane| Indian sugar futures fell and are expected to trade weak in the next session.

July 25, 2014

Indian sugar futures fell and are expected to trade weak in the next session, weighed down by large spot supplies and sluggish demand from local buyers. Sugar prices at the Vashi wholesale market declined for S-grade sugar on the lower side and increased by Rs 2 on the higher side, M-grade sugar prices ruled...

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Castor| Indian Castor seed futures declined, however.

July 25, 2014

Indian Castor seed futures declined, however, spot prices improved on fresh demand at the lower level and some export inquiries in castor oil. According to traders from Rajkot market, the spot price improved at the beginning on good demand in spot trade but the uptrend was not sustained as market players started booking profits....

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Soybean| Indian soybean futures ended lower on subdued exports of soy meal while

July 24, 2014

Indian soybean futures ended lower on subdued exports of soy meal while weak cues from global markets also weighed on sentiment. Soy oil futures edged up on worries about lower sowing of oilseeds in India especially in Madhya Pradesh and Maharashtra. Although the monsoon has picked up. Other News Good rain in Mumbai expected...

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Maize| In Brazil, driven by the anticipated decline in this year’s aggregate maize

July 24, 2014

In Brazil, driven by the anticipated decline in this year’s aggregate maize production, as well as strong competition from the US and Argentina, maize exports in the 2014-15 marketing year,  forecast to decline by 4 percent from the previous marketing year. This level of exports is still well above the country’s five-year average. Other...

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Black pepper| The weather condition in North India became conducive, black pepper demand

July 24, 2014

The weather condition in North India became conducive, black pepper demand from consumer markets has increased, which increased the prices. At Kochi, prices increased by Rs 500 to Rs 72,000 for ungarbled and Rs 75,000 (garbled) per quintal. Export prices were  $12,900 in Europe and $13,150 per tonne in US. Other News Good rain...

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Coffee| In Brazil, harvest of coffee crops may be stalled during the four to five days

July 24, 2014

In Brazil, harvest of coffee crops may be stalled during the four to five days of rain. The moisture will help coffee trees recover from the stress wrought by a drought this year, but it will hurt the quality of the coffee that is now being harvested. Rain during coffee harvest will infuse a...

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Cardamom| Cardamom prices moved up on good demand which marginally outstripped

July 23, 2014

Cardamom prices moved up on good demand which marginally outstripped supply at auctions in Kochi market. Onset of monsoon in parts of the country, especially in the northern states is expected to increase the demand. In Kerala, the maximum price was at Rs 1,073 per kg and the minimum at Rs 512 per kg....

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Maize| In Brazil, the 2014 aggregate (first and second seasons) maize production is forecasted

July 23, 2014

In Brazil, the 2014 aggregate (first and second seasons) maize production is forecasted at 76.2 million tonnes, 5 percent below than last year’s record high, but still well above the average level. Harvest of the main 2014 second season`s maize crop is well advanced in Brazil. Brazil is the major maize producing country. Other...

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