Wheat Procurement Starts; New Crop Quality Issues Unseasonal rains across the wheat belt (north India) in the last week have somewhat damaged the crop, which is ready for harvest. In those areas where harvesting has begun, the stock arrivals at market yards have been similarly impacted by rainfall and also hailstorms. Meanwhile, the meteorological department is forecasting more rains in the coming weeks. Damage has been reported in parts of Punjab, Haryana and Uttar Pradesh, states where the wheat is sown late. In Himachal Pradesh, the crop was so flattened by hail and high velocity winds that it may not be harvested and instead left to be eaten by pests. According to available data, 3.294 MMT were procured in the first 12 days of the sea...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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