Cultivation Pattern:

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Cultivation Pattern:"

Transcription

1 Introduction: Cumin seed commonly know as Jeera (Cuminum cyminum) belongs to Apiacae family. Though Cumin is a native of Egypt, it now mostly produced in India. India is the largest producer and consumer of Jeera (cumin seed) in the world. Jeera is an ancient spice having a history of over 5000 years and referred as native to the historical Levant region and northern Egypt. It had a major role as a flavoring, spice and medicinal uses throughout history. Cumin is used mainly where highly spiced foods are preferred. It features in Indian, Eastern, Middle Eastern, Mexican, Portuguese and Spanish cookery. It is an ingredient of most curry powders and much savoury spice mixture. Indian cumin finds worldwide use in foods, beverages, liquors, medicines, toiletries and perfumery. The production of Jeera in major competitive countries also affects the demand and prices of Jeera. The production of Jeera in Turkey, Iran and Syria affects the export prices and volume of Jeera.

2 Jeera is a tropical plant and grown in cooler regions which is best suited for sandy soil. It is grown from the seed. It requires less water and more cold for its better growth with ideal temperature of 25 to 30 degree. High humidity during flowering & fruit set, causes fungal diseases in this crop. Jeera or cumin seed has a significant demand as a spice all around the globe especially in the places where spicy food is preferred. It is an integral part of the recipes in various cultures. After pepper, jeera is considered to be the most important spice in the world. Cumin in grounded form also forms part of various spicy mixtures, most important being Garam masala (extensively used throughout south Asia), which are again used to add pungent flavors to the dishes and cuisines. It also has a number of medicinal uses and helps in curing many diseases. India being the world leader in the context of spice production, it is also the largest producer of jeera in the world. Jeera is generally cultivated in the hot and humid climates that are aptly provided by the regions in North Africa, southern parts of the North American continent and Southern Asia. Regarding the consumption pattern of this spice, India again bags the first place. The most of the demand for cumin seeds comes from the food and food processing industry and the world s total demand except India s demand sum up to a mere 50 to 65 thousand tons. Cultivation Pattern: Cumin plant basically thrives on a hot, tropical climate, but can also be cultivated in the cooler regions in a green house. The cumin crop can be produced on almost all soil types but the soil, which suits the best to this crop, is a well-drained, fertile sandy soil type. It needs a minimum of 3 to 4 months of duration period after which it is harvested. Cumin plant has a good tap root system that makes it a drought resistant plant.

3 In India the jeera plant is grown as a rabi crop i.e. it is sown in the winters in the months of October to December and is harvested in the months of February, March and April. In other cumin cultivating countries in the Middle East, the crop is planted in the months of April and is harvested in the months of August and September. The plant becomes mature and ready to harvest when it turns yellowish brown. After the crop gets harvested, the cumin seeds are cleaned up through the winnowing process. the determination of world jeera prices. India represents the world leader in the jeera production. The country produces 1 to 2 lakh tons of cumin seeds annually. Syria stands second in the list with a production figure of tons. This clears out the India is far more dominant in this context than any other country as it also possess the maximum area in the cultivation of the spice. Turkey and Iran have the same level of production i.e to tons of cumin seeds and that makes them both stand third in the leading producer s list. Though Syria, Turkey and Iran have a much lesser level of production as compared to India, but these countries have an equally significant influence in Cropping Season: Region Cultivation Period Harvesting Period Saurashtra 20 Oct. to 20 Nov. 15 Jan. to 15 Feb. North Gujarat 01 Nov. to 25 Nov. 01 Feb. to 15 March Rajasthan 10 Nov. to 10 Dec. 01 March to 31 March Jeera India Turkey Iran Syria Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Growing Stage Harvesting Stage Sowing Stage

4 Production of Jeera in India: India s production sums up to 1 to 2 lakh tons of jeera per year that makes it the leading producer in the world. The country also has the largest area allotted towards jeera production i.e. around 5.25 lakh hectares. The level of production and the total area under jeera cultivation has increased significantly during the last few years. Jeera Market in India: India has ever been the world spice home and has always been renowned for the best and expensive variety of spices that are produced in the country. The similar reputation is repeated in the case of jeera or cumin seeds. Being the largest producer, consumer and exporter of jeera in the world, India claims to be the most dominating player in the world market scenario. Rajasthan scores the highest production in the country constituting to 55% of the total production in the country. The trend of production is observed to be in a rising trend. The domestic consumption demand of the spice in the country is around 1 lakh tons and the rest of the production is used for export purposes.

5 India exports around tons of cumin seed every year. Also, the by products of cumin seeds like oleoresins of cumin seeds and cumin oil is also exported from India. The exports of jeera from India are facing a stiff competition from the countries like Turkey and Iran as a bulk of their production is used for export purposes and also because these countries are able to provide the spice at much cheaper rates as compared to India. That is why; the exports from India have declined since a few years, reason being the contraction in the country s market share. This scenario, which is depicting a higher production trend and a lower export trend, is proving to be very harmful for the prices of this spice. Fundamental Outlook of NCDEX Jeera May Highlights News Unseasonable rains damaging crop in Rajasthan Higher export and domestic demand Low stock position Decline in acreage likely at Syria and Turkey Crop damage in Syria Weather Higher Arrival Market Trend Bearish

6 Detail News: Crop damage in Syria: Renewed concern over domestic crop loss and unconfirmed news of crop damage in Syria provided strong support to the prices Low stock position: 15 April, 2008 NCDEX Warehouse Stock of Jeera May 440 MT. Weather: Dust storm/thunderstorms likely at a few place over north Rajasthan and isolated over south Rajasthan is unfavorable for the crop during the harvest stage. Technical Outlook NCDEX JEERA MAY Support & Resistance levels Support Resistance S2 S1 R1 R Recommendation: BUY JEERA IN THE RANGE OF FOR TARGET OF 9086 THEN 9288 WITH S/L OF 8500 (MARGIN: 27000)

7 Ventura Commodities Pvt. Ltd. Registered Office: Dhannur E, 15, Sir P.M. Road, Mumbai ; This report is neither an offer nor a solicitation to purchase or sell Commodities. The information and views expressed herein are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in or have positions in the Commodities mentioned in their articles. Neither Ventura Commodities Limited nor any of the contributors accepts any liability arising out of the above information/articles. Reproduction in whole or in part without written permission is prohibited. This report is for private circulation.

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT 1 E MONTHLY COFFEE MARKET REPORT March 2014 Ongoing uncertainty over the Brazilian coffee crop has caused significant fluctuations in coffee prices during March, with monthly volatility of the International

More information

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year Coffee market ends 2016/17 coffee year in deficit for the third consecutive year The ICO composite indicator continued its downward trend that started at the end of August, averaging 124.46 US cents/lb.

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT May 2014 After five consecutive months of rising prices, the coffee market reversed lower in May. From a high of 179 cents/lb in April, the daily price of the ICO composite

More information

Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year

Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year Coffee prices were volatile again over the course of September, mostly reacting to weather news from Brazil. Daily prices fell initially

More information

India. Oilseeds and Products Update. August 2012

India. Oilseeds and Products Update. August 2012 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Oilseeds and Products

More information

Based on these fundamentals we can expect cardamom prices to be trade in the range of Rs levels during the months of October and December.

Based on these fundamentals we can expect cardamom prices to be trade in the range of Rs levels during the months of October and December. Cardamom production in India estimated to be down by 35% and no carry over stocks from the previous season may lead to sharp rise in the prices. Based on these fundamentals we can expect cardamom prices

More information

World coffee consumption increases but prices still low

World coffee consumption increases but prices still low World coffee consumption increases but prices still low The coffee market stabilised slightly in February, but prices remain at very low levels. A lack of news regarding fundamentals with expectations

More information

Coffee market remains volatile but lacks direction

Coffee market remains volatile but lacks direction Coffee market remains volatile but lacks direction Prices fluctuated significantly during August, with the ICO composite indicator dropping by 10 cents before jumping back up another 12 cents by the end

More information

Corn Futures Highs David Scheibel Toll Free

Corn Futures Highs David Scheibel Toll Free March Corn Futures that traded above $ 3.00 YTD High Difference MAR 1974 Corn 343 2/26/1974 MAR 1975 Corn 409 10/4/1974 MAR 1976 Corn 358 10/15/1974 MAR 1977 Corn 309 9/8/1976 MAR 1980 Corn 338.5 7/6/1979

More information

Record Exports for Coffee Year 2016/17

Record Exports for Coffee Year 2016/17 Record Exports for Coffee Year 2016/17 Total exports in September 2017 reached 8.34 million bags, compared to 9.8 million in September 2016. While coffee year 2016/17 registered a decrease in its final

More information

Coffee market ends 2017/18 in surplus

Coffee market ends 2017/18 in surplus Coffee market ends 217/18 in surplus World coffee production in coffee year 217/18 is estimated 5.7% higher at 164.81 million bags as output of Arabica increased by 2.2% to 11.82, and Robusta grew 11.7%

More information

Seasonal trends in hectares planted, sales volumes on markets and market prices. Pieter van Zyl, Potatoes South Africa

Seasonal trends in hectares planted, sales volumes on markets and market prices. Pieter van Zyl, Potatoes South Africa Seasonal trends in hectares planted, sales volumes on markets and market prices Pieter van Zyl, Potatoes South Africa Producers plant between 5 and 54 hectares of potatoes each year. According to Figure

More information

Sugar scenario in CIS countries:

Sugar scenario in CIS countries: Sugar scenario in CIS countries: on the way to self-sufficiency Andrey Bodin Eurasian Sugar Association Commonwealth of Independent States (CIS) consists of 11 countries CIS Moldova Belarus Population

More information

Growing divergence between Arabica and Robusta exports

Growing divergence between Arabica and Robusta exports Growing divergence between Arabica and Robusta exports In April 218, the ICO composite indicator decreased by.4% to an average of 112.56, with the daily price ranging between 11.49 and 114.73. Prices for

More information

Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected

Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected September 15, 2014 Judith Ganes President J. Ganes Consulting, LLC Weather & Politics Current Weather Expectations El

More information

WEEKLY MAIZE REPORT 28 NOVEMBER 2018

WEEKLY MAIZE REPORT 28 NOVEMBER 2018 WEEKLY MAIZE REPORT 28 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Maize prices and weekly changes (cents/bushel) Currently

More information

Downward correction as funds respond to increasingly positive supply outlook

Downward correction as funds respond to increasingly positive supply outlook Downward correction as funds respond to increasingly positive supply outlook Coffee prices fell sharply at the end of April as institutional investors sold off their positions. The coffee market continues

More information

SOUTH AFRICAN FRUIT TRADE FLOW

SOUTH AFRICAN FRUIT TRADE FLOW SOUTH AFRICAN FRUIT TRADE FLOW Issue No. 24: December 216 Compiled by Thandeka Ntshangase and Lucius Phaleng and Yolanda Potelwa Table of Contents Contents 1. Background... 3 2. Overview of pome fruit

More information

Record exports in coffee year 2017/18

Record exports in coffee year 2017/18 Record exports in coffee year 2017/18 Total coffee exports increased each year since 2010/11 with a new record reached in 2017/18 at 121.86 million bags, 2% higher than 2016/17. In the twelve months ending

More information

Coffee prices rose slightly in January 2019

Coffee prices rose slightly in January 2019 Coffee prices rose slightly in January 2019 In January 2019, the ICO composite indicator rose by 0.9% to 101.56 US cents/lb as prices for all group indicators increased. After starting at a low of 99.16

More information

2018/19 expected to be the second year of surplus

2018/19 expected to be the second year of surplus 2018/19 expected to be the second year of surplus Coffee year 2018/19 is expected to be the second consecutive season of surplus, as global output, estimated at 167.47 million bags, exceeds world consumption,

More information

Prices for all coffee groups increased in May

Prices for all coffee groups increased in May Prices for all coffee groups increased in May In May 2018, the ICO composite indicator increased by 0.7% to an average of 113.34 US cents/lb, following three months of declines. Prices for all coffee groups

More information

Volatility returns to the coffee market as prices stay low

Volatility returns to the coffee market as prices stay low Volatility returns to the coffee market as prices stay low Daily coffee prices hit their lowest level in 19 months during August, as commodity markets worldwide were negatively affected by currency movements

More information

Problem Set #3 Key. Forecasting

Problem Set #3 Key. Forecasting Problem Set #3 Key Sonoma State University Business 581E Dr. Cuellar The data set bus581e_ps3.dta is a Stata data set containing annual sales (cases) and revenue from December 18, 2004 to April 2 2011.

More information

Coffee market settles lower amidst strong global exports

Coffee market settles lower amidst strong global exports Coffee market settles lower amidst strong global exports The ICO composite indicator price declined by 1.2% in February 2018 to an average of 114.19 US cents/lb. Indicator prices for all three Arabica

More information

Coffee market continues downward trend

Coffee market continues downward trend Coffee market continues downward trend Since August 2017, the ICO composite indicator price has declined in each month except January 2018. The composite indicator decreased by 1.1% in March 2018 to an

More information

QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1

QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1 QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1 The information in this document is from sources deemed to be correct. Milk SA, the MPO and SAMPRO are not responsible for the results of any

More information

Record exports from Brazil weigh heavy on the coffee market

Record exports from Brazil weigh heavy on the coffee market Record exports from Brazil weigh heavy on the coffee market Coffee exports from Brazil reached a record high of 36.8 million bags in crop year 2014/15 (April to March), fuelled by domestic stocks and encouraged

More information

WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report. Harris Freeman & Co.

WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report. Harris Freeman & Co. WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report Harris Freeman & Co. 1 The Past BLACK & WHITE PEPPER CROP REPORT A 5-Year PERSPECTIVE 5 year Supply & Demand statistics Factors Affecting Supply

More information

WEEKLY MAIZE REPORT 30 OCTOBER 2018

WEEKLY MAIZE REPORT 30 OCTOBER 2018 WEEKLY MAIZE REPORT 30 OCTOBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Maize prices and weekly changes (cents/bushel) Currently 23/10/2018

More information

Sugar Industry Update

Sugar Industry Update January 19, 217 I Industry Research Sugar Industry Update Contact: Madan Sabnavis Chief Economist mailto:madan.sabnavis@careratings.com 91-22-6743489 Bhagyashree Bhati Research Analyst bhagyashree.bhati@careratings.com

More information

Markets and Economic Research Centre. SA Fruit Trade Flow

Markets and Economic Research Centre. SA Fruit Trade Flow Markets and Economic Research Centre SA Fruit Trade Flow SOUTH AFRICAN FRUIT TRADE FLOW Issue No. 22: June 216 Compiled by Thandeka Ntshangase, Lucius Phaleng and Yolanda Potelwa Table of Contents 1. Background...

More information

WEEKLY OILSEED REPORT 31 OCTOBER 2018

WEEKLY OILSEED REPORT 31 OCTOBER 2018 WEEKLY OILSEED REPORT 31 OCTOBER 218 Unigrain (Pty) Ltd Tel. No. : +27 11 692 44 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Soybean prices and weekly change (cents/bushel) Currently 24/1/218

More information

July marks another month of continuous low prices

July marks another month of continuous low prices July marks another month of continuous low prices In July 2018, the ICO composite indicator price decreased by 2.9% to an average of 107.20 US cents/lb, which is the lowest monthly average for July since

More information

DEVELOPMENTS IN STEEL SCRAP IN 2009

DEVELOPMENTS IN STEEL SCRAP IN 2009 DEVELOPMENTS IN STEEL SCRAP IN 2009 AMERICAN SCRAP COALITION WASHINGTON, DC DEVELOPMENTS IN STEEL SCRAP 2009 The year 2009 demonstrated that the United States continues to experience a crisis with respect

More information

Commodity: TURMERIC (May) S2 S1 Pivot R1 R2

Commodity: TURMERIC (May) S2 S1 Pivot R1 R2 Commodity: TURMERIC (May) S2 S1 Pivot R1 R2 5714 5938 6224 6448 6734 Fundamentals Turmeric futures (May) is expected to remain stuck in the range of 6200-6545 levels. In days to come, we may see fewer

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade Million MT United States Department of Agriculture Foreign Agricultural Service December 21 Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 21/11 Forecast: World Apple Trade Declines;

More information

Overview of the Manganese Industry

Overview of the Manganese Industry 39th Annual Conference Istanbul, Turkey 2013 Overview of the Manganese Industry International Manganese Institute Alberto Saavedra Market Research Manager June, 2013 Introduction Global Production Supply,

More information

Coffee market ends 2014 at ten month low

Coffee market ends 2014 at ten month low Coffee market ends 2014 at ten month low Coffee prices continued to slide downwards in December 2014, with the monthly average of the ICO composite indicator at its lowest level since February. Recent

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT February 2014 February 2014 has seen significant developments in the coffee market, with prices shooting upwards at a startling rate. The ICO composite daily price has increased

More information

2007 Sonoma Research Associates - All rights reserved.

2007 Sonoma Research Associates - All rights reserved. 2007 Sonoma Research Associates - All rights reserved. Practical Applications of the Price Elasticity of Demand Presented by Dan Karnowsky, President Sonoma Research Associates Presented at Competitive

More information

The Changing Landscape of Dairy: A Regional Outlook. Mark Stephenson Director of Dairy Policy Analysis

The Changing Landscape of Dairy: A Regional Outlook. Mark Stephenson Director of Dairy Policy Analysis The Changing Landscape of Dairy: A Regional Outlook Mark Stephenson Director of Dairy Policy Analysis Millions of Pounds Let s remember when 32,000 30,000 28,000 Wisconsin Annual Milk Production It s the

More information

WEEKLY OILSEED REPORT 27 JUNE 2018

WEEKLY OILSEED REPORT 27 JUNE 2018 WEEKLY OILSEED REPORT 27 JUNE 218 Unigrain (Pty) Ltd Tel. No. : +27 11 692 44 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Soybean prices and weekly change (cents/bushel) Currently 2/6/218

More information

For personal use only

For personal use only SEPTEMBER 216 GLOBAL DAIRY UPDATE European milk production has decreased for the first time since early 215, with volumes in June down 2 compared to last year. Last week we announced our annual results,

More information

S E A S O N A L COMMODITY INSIGHT

S E A S O N A L COMMODITY INSIGHT S E A S O N A L COMMODITY INSIGHT 27 th February 2015 Dhaniya (Coriander) Introduction Coriander is an annual herb that belongs to the carrot family Umbelliferae. Its name is derived from the Greek Koris,

More information

Dairy Outlook. December By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. December By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook December 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology The Class III market has taken a beating lately as cheese prices have drifted down and

More information

WEEKLY MAIZE REPORT 06 FEBRUARY 2019

WEEKLY MAIZE REPORT 06 FEBRUARY 2019 WEEKLY MAIZE REPORT 06 FEBRUARY 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Maize prices and weekly changes (cents/bushel) Currently

More information

much better than in As may be seen in Table 1, the futures market prices for the next 12 months

much better than in As may be seen in Table 1, the futures market prices for the next 12 months Dairy Outlook December 2009 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology prices are higher than last month, especially Class IV. The outlook for dairy prices

More information

GLOBAL DAIRY UPDATE KEY DATES MARCH 2017

GLOBAL DAIRY UPDATE KEY DATES MARCH 2017 MARCH 2017 GLOBAL DAIRY UPDATE European milk production decreased for the seventh consecutive month, while the US remains strong. The rate of decline in New Zealand production is easing. US exports continue

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 9 1, MT Deciduous Fruit on Seasonal Cycles 6 Northern Hemisphere

More information

THE GLOBAL PULSE MARKETS: recent trends and outlook

THE GLOBAL PULSE MARKETS: recent trends and outlook THE GLOBAL PULSE MARKETS: recent trends and outlook CICILS/IPTIC 2004 CONVENTION 10-12 12 June 2004 Beijing, China Boubaker BENBELHASSEN Commodities and Trade Division United Nations Food and Agriculture

More information

WEEKLY MAIZE REPORT 11 JULY 2018

WEEKLY MAIZE REPORT 11 JULY 2018 28 29 21 211 212 213 214 215 216 217 218 WEEKLY MAIZE REPORT 11 JULY 218 Unigrain (Pty) Ltd Tel. No. : +27 11 692 44 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Maize prices and weekly

More information

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery The coffee market fell again in December 2015, reaching its second lowest monthly average of the year. This decrease

More information

WEEKLY MAIZE REPORT 13 DECEMBER 2017

WEEKLY MAIZE REPORT 13 DECEMBER 2017 90/91 91/92 92/93 93/94 94/95 95/96 96/97 97/98 98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 WEEKLY MAIZE REPORT 13 DECEMBER 2017

More information

Price monitoring of key food items in Donetsk and Luhansk Oblasts

Price monitoring of key food items in Donetsk and Luhansk Oblasts Market update Issue (October ) UKRAINE Price monitoring of key food items in Donetsk and Luhansk Oblasts Fighting hunger worldwide Highlight Cost of food basket remained higher at national level throughout

More information

Corn grown is majorly of three types Grain or field corn, sweet corn used mainly as food Popcorn.

Corn grown is majorly of three types Grain or field corn, sweet corn used mainly as food Popcorn. 1 Introduction Maize (Zea mays L) is one of the most important cereals of the world and provides more human food than any other cereal. Maize was introduced to South East Asia by the Portuguese from America

More information

Monthly Economic Letter

Monthly Economic Letter Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT After falling in the days surrounding the release of last month s USDA report, NY futures and the A Index were mostly

More information

Coriander.

Coriander. Coriander Place of origin: Southern Europe Umbellifer leaf and seed Coriander is a popular herb used in many Middle-Eastern and Asian recipes. Well worth growing as it is best used soon after harvesting,

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT June 2013 Coffee prices fell sharply in June 2013, as market fundamentals, combined with an uncertain macroeconomic outlook, drove the ICO composite indicator price to its

More information

China s Export of Key Products of Pharmaceutical Raw Materials

China s Export of Key Products of Pharmaceutical Raw Materials China s Export of Key Products of Pharmaceutical Raw Materials During the period of the 62nd API China& INTERPHEX CHINA, China Pharmaceutical Industry Association released its annual Report on Analysis

More information

MONTHLY REPORTS EDIBLE OIL JUNE - JULY 2016

MONTHLY REPORTS EDIBLE OIL JUNE - JULY 2016 MONTHLY REPORTS EDIBLE OIL Monthly Prices Movement Edible Oil prices remained volatile in June month tracking movement in Indian Rupee and uncertain fundamentals. Soy Oil prices remained mixed with more

More information

Citrus: World Markets and Trade

Citrus: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Citrus: World Markets and Trade Oranges Global orange production for 2012/13 is forecast to drop over 4 percent from the previous year

More information

Peaches & Nectarines and Cherry Annual Reports

Peaches & Nectarines and Cherry Annual Reports THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Markets and Economic Research Centre. SA Fruit Trade Flow

Markets and Economic Research Centre. SA Fruit Trade Flow Markets and Economic Research Centre SA Fruit Trade Flow SOUTH AFRICAN FRUIT TRADE FLOW Issue No. 18, June 215 Compiled by Ms Yolanda Potelwa and Mr Sifiso Ntombela TABLE OF CONTENTS 1. Background... 1

More information

Coffee market recovers slightly from December slump

Coffee market recovers slightly from December slump Coffee market recovers slightly from December slump After reaching its lowest level in 22 months in December 2017, the monthly average of the ICO composite indicator price increased by 1.4% to 115.60 US

More information

WEEKLY MAIZE REPORT 13 JUNE 2018

WEEKLY MAIZE REPORT 13 JUNE 2018 17/08/01 17/08/15 17/08/29 17/09/12 17/09/26 17/10/10 17/10/24 17/11/07 17/11/21 17/12/05 17/12/19 18/01/02 18/01/16 18/01/30 18/02/13 18/02/27 18/03/13 18/03/27 18/04/10 18/04/24 18/05/08 18/05/22 18/06/05

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT July 2012 Coffee prices rebounded in July 2012, with the ICO composite indicator increasing by 9.5% compared to June, following nine consecutive months of price falls. The

More information

Comparing canola and lupin varieties by time of sowing in the Northern Agricultural Region

Comparing canola and lupin varieties by time of sowing in the Northern Agricultural Region Comparing canola and lupin varieties by time of sowing in the Northern Agricultural Region Martin Harries and Greg Shea, DPIRD Key messages Lupin yielded 3.0 t/ha and canola 2.0 t/ha from late May emergence.

More information

Spices and Extracts Raw materials - crop/market update

Spices and Extracts Raw materials - crop/market update Visit us at Spices and Extracts Raw materials - crop/market update Spice News Paprika India: In Dharwad, Haveri, Gadag and Bagalkote districts of Karnataka state, harvesting of colour chili has started

More information

IN THIS ISSUE FEBRUARY Financial Calendar: Late September 2014 Annual Results Announced. 26 March 2014 Interim Results Announced

IN THIS ISSUE FEBRUARY Financial Calendar: Late September 2014 Annual Results Announced. 26 March 2014 Interim Results Announced FEBRUARY 2014 Welcome to our latest Global Dairy Update. This update is part of Fonterra s commitment to informing our farmers and wider stakeholders about the global dairy market, trends in New Zealand

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers World Cotton Supply and Use International Cotton Advisory Committee Secretariat Outline! Long-term Outlook for Consumption! Outlook for /! Developments in World Cotton Trade Fifth Open Session: Cotton

More information

TURKEY ICAC RESEARCH ASSOCIATE PROGRAM 6-16 APRIL 2009 WASHINGTON D.C./USA SOME FACTS ABOUT SOME FACTS ABOUT SOME FACTS ABOUT

TURKEY ICAC RESEARCH ASSOCIATE PROGRAM 6-16 APRIL 2009 WASHINGTON D.C./USA SOME FACTS ABOUT SOME FACTS ABOUT SOME FACTS ABOUT ICAC RESEARCH ASSOCIATE PROGRAM TURKEY - Geographically, Turkey straddles two continents, Europe in the west and Asia in the east. - The two continents are divided by Istanbul and Dardanelles straits.

More information

Global Trade in Mangoes

Global Trade in Mangoes Global Trade in Mangoes October 2014 Jim Lang Managing Director TradeData International Pty Ltd jim.lang@tradedata.net www.tradedata.net COUNTRIES WITH MONTH IMPORT STATISTICS 1. The global market is just

More information

Turkey... Growing Market for Vegoils & Fats

Turkey... Growing Market for Vegoils & Fats Turkey... Growing Market for Vegoils & Fats Faik Genç AgriPro Limited Black Sea Grain, Kiev 13-14 April 2011 Main Topics 1. World Oils/Oilseeds& Sun Complex 2. Turkey 3. Turkish Oils & Oilseeds Balances

More information

Blow Molding Machine Produced by IAR Team Focus Technology Co., Ltd

Blow Molding Machine Produced by IAR Team Focus Technology Co., Ltd Blow Molding Machine 2012.08 Produced by IAR Team Focus Technology Co., Ltd Contents 1. 2009-2011 Chinese Blow Molding Machines Export Trend Analysis...3 2009-2011 Chinese Blow Molding Machines Export

More information

(As on ) Commodity Profile for Pulses-August, 2017

(As on ) Commodity Profile for Pulses-August, 2017 P a g e 1 (As on 30.08.2017) Commodity Profile for Pulses-August, 2017 Contents 1. Pulses estimates for India (2016-17)... 2 2. Domestic Production of Major Pulses... 2 3. Production of Pulses in India...

More information

Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption

Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 01-03 January 2003 Soybean Oil and Palm Oil Account For An Increasing Share of World Vegetable Oil Consumption Percent

More information

Commodity Profile for Sugar, September, 2017

Commodity Profile for Sugar, September, 2017 (As on 15.9.2017) Commodity Profile for Sugar, September, 2017 Contents 1. Sugar Estimates for India... 2 2. World Sugar Estimates... 2 3. Production, Area under cultivation and Yield of Sugarcane and

More information

Networkers Business Update. December 2014

Networkers Business Update. December 2014 Networkers Business Update December 2014 Agenda Forecast Milk Price Global markets V3 Strategy Growing our share of New Zealand milk Page 2 Forecast Milk Price 110 100 2012/13 2013/14 2014/15 Forecast

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

WEEKLY OILSEED REPORT 22 NOVEMBER 2018

WEEKLY OILSEED REPORT 22 NOVEMBER 2018 WEEKLY OILSEED REPORT 22 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 INTERNATIONAL MARKET Table 1: CME Soybean prices and weekly change (cents/bushel) Currently

More information

Sugar Manufacturing Process

Sugar Manufacturing Process India is the largest consumer and second largest producer of sugar in the world next to Brazil. Major portions of sugarcane cultivation in India lies in the subtropical belt. U.P., Maharashtra, Karnataka,

More information

PRODUCTION AND EXPORT PERFORMANCE OF CARDAMOM IN INDIA

PRODUCTION AND EXPORT PERFORMANCE OF CARDAMOM IN INDIA PRODUCTION AND EXPORT PERFORMANCE OF CARDAMOM IN INDIA Dr.R.Govindasamy Guest Lecturer, Department of Economics, Bharathiar University, Coimbatore Abstract Cardamom is generally produced in the tropical

More information

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST Table of Contents Executive Summary... 4 1. VARIETIES OF GRAPES... 6 1.1. White table grapes... 6 1.2. Red table grapes... 6 2. WORLD DEMAND

More information

Long-term Outlook. Soy Bean Outlook Reasons

Long-term Outlook. Soy Bean Outlook Reasons Long-term Outlook SOY The Golden Bean Losing Its Sheen The production of oil seeds for 2005/06 is forecasted at 384 MMT on the global front. The bumper yields of cotton seed and huge stocks of mustard

More information

Dairy Market R E P O R T

Dairy Market R E P O R T Volume 18 No. 8 Dairy Market R E P O R T August 2015 DMI NMPF Overview Milk prices in many major milk-producing countries have plummeted to levels that are producing severe financial stress for their farmers.

More information

Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued

Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued Rice Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued lower levels over the next ten years. Part of

More information

KARVY Commodities Research. Sugar Getz Sweeter. Sugar price to reach Rs.2250 in May. Factors influencing price spurt

KARVY Commodities Research. Sugar Getz Sweeter. Sugar price to reach Rs.2250 in May. Factors influencing price spurt KARVY Commodities Research Sugar Getz Sweeter Sugar price to reach Rs.2250 in May. Factors influencing price spurt Summer can bring demand for sweetener Anticipation of more export orders to Pakistan Tight

More information

Import Export of fresh fruit & vegetables 2007

Import Export of fresh fruit & vegetables 2007 Import Export of fresh fruit & vegetables 2007 Prepared by: Luan Hoti Pristina, March 2008 Project financed by the Swiss and Danish governments Intercooperation: Imports & Exports of fresh fruits and vegetables

More information

Ukrainian Market for Fruits and Vegetables. Oksana Varodi International Finance Corporation Berlin, Fruit Logistica 2011

Ukrainian Market for Fruits and Vegetables. Oksana Varodi International Finance Corporation Berlin, Fruit Logistica 2011 Ukrainian Market for Fruits and Vegetables Oksana Varodi International Finance Corporation Berlin, Fruit Logistica 2011 Content of the Presentation Production Trade Current challenges and opportunities

More information

MGEX Spring Wheat 2013

MGEX Spring Wheat 2013 MGEX Spring Wheat 213 The Minneapolis Grain Exchange, Inc. (MGEX) has been the principal market for hard red spring (HRS) wheat since 1881, offering futures and options contracts based on this unique commodity.

More information

2012 Estimated Acres Producers Estimated Production Units Estimated Farm Value Farm Crawfish 182,167 1,251 90,973,725 Lbs.

2012 Estimated Acres Producers Estimated Production Units Estimated Farm Value Farm Crawfish 182,167 1,251 90,973,725 Lbs. www.lsuagcenter.com 2012 Estimated Acres Producers Estimated Production Units Estimated Farm Value Farm Crawfish 182,167 1,251 90,973,725 Lbs. $152,835,858 Crawfish Biology Life Cycles evolved in nature,

More information

Revisiting the most recent Napa vintages

Revisiting the most recent Napa vintages Revisiting the most recent Napa vintages Wine observers agree: 212, 213 and 214 are extraordinary Napa vintages. Much has already been written on the first two vintages. The 214 vintage is now starting

More information

J / A V 9 / N O.

J / A V 9 / N O. July/Aug 2003 Volume 9 / NO. 7 See Story on Page 4 Implications for California Walnut Producers By Mechel S. Paggi, Ph.D. Global production of walnuts is forecast to be up 3 percent in 2002/03 reaching

More information

GRAPE GAINS: GETTING ACCESS TO THE BEST VARIETIES. By Mr. Manik Patil

GRAPE GAINS: GETTING ACCESS TO THE BEST VARIETIES. By Mr. Manik Patil GRAPE GAINS: GETTING ACCESS TO THE BEST VARIETIES By Mr. Manik Patil Climatic Conditions for Grapes Grapes are grown under a variety of soil and climatic conditions in three distinct agro-climatic zones

More information

22 May 2015 TECHNO FUNDA REPORT ON BARLEY FUTURES. July Contract. Presented by: Subhranil Dey

22 May 2015 TECHNO FUNDA REPORT ON BARLEY FUTURES. July Contract. Presented by: Subhranil Dey TECHNO FUNDA REPORT ON BARLEY FUTURES July Contract 22 May 2015 Presented by: Subhranil Dey TECHNO FUNDA REPORT ON BARLEY (JULY) - BUY Source: Reuters Recommendation: Investors are advised to take fundamental

More information

SAMPLE FILE USA Exports of Powdered milk, fat<= 1.5%

SAMPLE FILE USA Exports of Powdered milk, fat<= 1.5% Mexico Philippines Indonesia China Viet Nam Malaysia Pakistan Peru Egypt Chile Others Total SAMPLE FILE USA Exports of Powdered milk, fat

More information

Milk and Milk Products: Price and Trade Update

Milk and Milk Products: Price and Trade Update Milk and Milk Products: Price and Trade Update June 217 * International dairy prices The FAO Dairy Price Index averaged 29 points in June, up 16 points (8.3 percent) from January 217 and 71 points (51.5

More information

Becoming a Smarter Trader: The Market Impact of the Structure in the Sugar, Coffee, and OJ Markets

Becoming a Smarter Trader: The Market Impact of the Structure in the Sugar, Coffee, and OJ Markets Becoming a Smarter Trader: The Market Impact of the Structure in the Sugar, Coffee, and OJ Markets Judith Ganes March 12 th, 2014 Increasing Reliance on a Few Suppliers for Global Needs Efficiency gains

More information