| Hot News |
1. |
Exports of premium food items fall on rising demand in domestic market
07Feb 2011
 Exporters of premium and quality foods find it more profitable to sell them in the home market than exporting them. The new found Indian craze for export quality speciality teas and coffee, seafood, dry fruits, spices and the famed long-grained Basmati rice is posing a new challenge for the food industry that is now looking at ways to meet the ever-increasing local demand. |
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2. |
Iran to resume wheat imports due to drought
07Feb 2011
Iran's next wheat harvest will be 30 percent less than forecast due to drought, forcing it to resume imports, the head of the national farmers' association was quoted as saying on Saturday. The news comes as world food prices reach record highs, with storms, floods and droughts hitting food belts around the world. |
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3. |
Basmati rice export orders dip by 10% during Apr-Jan
07Feb 2011
 Basmati rice export contracts have dipped by 10% to 24.41 lakh tonne in the first ten months of the current fiscal from a year-ago, on account of sluggish demand especially during April-July of 2010. According to the government’s agri-trade promotion body Apeda, traders have registered contracts for basmati rice exports for 24.41 lakh tonnes during April-January of the 2010-11 fiscal, against 27 lakh tonnes in the year-ago period. |
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4. |
Egypt buys 170,000 T US, Australian, Argentine wheat
07Feb 2011
 Egypt, the world's largest wheat importer, has bought 170,000 tonnes of soft wheat from the United States, Australia and Argentina for March 21-31 shipment on a free-on-board basis, the main government wheat buyer said on Saturday. |
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Other News |
1. |
Industry, policy-makers hail exports growth |
2. |
Rose growers in state eye 25 pc hike in profits |
3. |
Inflation continues to hinder decision on sugar exports |
4. |
Meat and milk export to Russia, Belarus and Kazakhstan approved |
5. |
Ukrainian potato exports increased 12 times! |
6. |
Japan Seeks 87,000 Tons of Food Wheat in Tender |
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Market Watch |
Commodity-wise, Market-wise Daily Price on 07-02-2011
|
Domestic Prices |
Unit Price : Rs/Qtl |
Product |
Market Center |
Variety |
Min Price |
Max Price |
| Rice |
1 |
Khatra(West Bengal) |
Other |
2000 |
2200 |
2 |
Shahjahanpur(U. P.) |
Coarse |
1485 |
1525 |
3 |
Bangarpet(Karnataka) |
Broken Rice |
1200 |
1800 |
4 |
Junagarh(Orissa) |
Other |
1600 |
1800 |
| Onion |
1 |
Thanesar(Haryana) |
Other |
|
1800 |
2 |
Narwal Jammu(J & K) |
Other |
1400 |
1500 |
3 |
Sultanpur(U. P.) |
Other |
1700 |
2000 |
4 |
Rajkot(Gujarat) |
Other |
250 |
1000 |
| Wheat |
1 |
Rajkot(Gujarat) |
Local |
1220 |
1535 |
2 |
Gajsinghpur(Rajasthan) |
Other |
1151 |
1170 |
3 |
Khatra(West Bengal) |
Other |
1150 |
1200 |
4 |
Faizabad(U. P.) |
Other |
1275 |
1295 |
| Potato |
1 |
Jamtara(Jharkhand) |
Other |
275 |
325 |
2 |
Memari(West Bengal) |
Jyoti |
310 |
330 |
3 |
Jodhpur(Rajasthan) |
Potato |
250 |
400 |
4 |
Ahirora(U.P.) |
Other |
330 |
370 |
Source: www.agmarknet.nic.in |
| Egg Price on 07-02-2011 |
Product |
Market Center |
Price |
1 |
Chennai |
248 |
2 |
Delhi |
230 |
3 |
Namakkal |
235 |
4 |
Luknow |
233 |
| Source: www.e2necc.com |
International Prices |
Unit Price : US$ / package |
Product |
Market Center |
Variety |
Low |
High |
| Onion Dry |
|
|
Package: 50 lb sacks |
1 |
Michigan |
Yellow |
19 |
20 |
2 |
|
Yellow |
28 |
28 |
3 |
Mexico |
Yellow |
18 |
18 |
4 |
|
Yellow |
|
16.50 |
| Potato |
|
|
Package: 50 lb cartons |
1 |
|
Russet |
28 |
29 |
2 |
|
Russet |
18 |
20.50 |
3 |
Wisconsin |
Russet |
14.50 |
15 |
4 |
California |
Russet |
29.50 |
29.50 |
| Source: USDA |
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