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1. w eekly Agri Report(9 July 2012)
HIGHLIGHTS
 India’s oil meal exports up by 22% to 3.05 lakh tonnes in June 2012India's
kharif crop production may drop on lower rainfall.
Oil meal exports in India rose by 22% in June 2012 to 3,05,525 tonnes as per
Solvent Extractors Association of India. It was 2,05,335 tonnes in same period
last year.
 NCDEX RM seed rises on strong crushing demand
In NCDEX mustard seed July contract traded in the afternoon session at
Rs.4039 per quintal, up by 0.12%. Open interest of the contract stood at 17670
lots and volume traded so far is 7740 lots
 NCDEX Soybean continues uptrend on firm fundamentals
Soybean futures rose in NCDEX on limited stocks in the domestic markets
amid lower sowing on the back of decline in rainfall. Soybean in NCDEX July
contract is trading at Rs. 4220.50 per quintal, up by 1.64% and volume traded
of the contract stood at 32020 lots

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With the lower price realization for the cotton farmers in India for 2011-12, the area
under cotton has dropped drastically and is likely to affect the production for 2012-13.
Global food prices is likely to surge for the month of July on high oilseed, cereal prices
on account of adverse weather conditions across major growing areas in the world,
according to United Nation's body Food and Agricultural Organization (FAO).
India’s commodity futures markets regulator, Forwards Markets Commission (FMC),
may decide to lift the ban on guar complex sometimes in the month of August. In the
month of March 2012, FMC banned all the contracts of guar seed and guar gum futures
To meet the domestic requirements and reduce imports of pulses, India has launched a
special programme to achieve more than 19 million tonne pulse production. The focus
of the special programme is on inter-cropping of pulse crops over other crops during
kharif, and accelerating productivity through adoption of innovative technologies
relating to plan nutrition and water use.
India achieved a record food grain production of 252.56 million tonnes n the last crop
year (July to June) said Agricultural Ministry on Friday. Last year, the rice production
stood at record 103.41 million tonnes, out of which 90.75 million tonnes were grown in
kharif.
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Weekly soya bean chart
Weekly Chana chart
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