US #Wheat crop deteriorated to the worst ever, raising expectations the Agriculture Department will slash its harvest forecast. USDA analysts rated just 25% of the domestic winter wheat crop as good or excellent against the 54% of previous year.
#Wheat#Drought#USDA
#Castorseed ruled under pressure mainly due to profit booking after recent gains in prices.. reports of lowering area under #castor and improved demand outlook will support support prices in later part of 2025. support can be seen near 6500-6450 and upside potential is 7400.
#Soybean sowing area in India were reported at 111.67 lakh Ha as on 21st July as comapred to 118.96 lakh Ha of previous year down by 6% Y-o-Y. Total oil seed area dropped by 4% Y-o-Y as on 21st July
US Officially reports 2025/26 season #SoyOil consumption in US likly 138 LT vs 2024-25 season 121 LT so consumption wud elevate 17 LT. rise in consuption mainly due to increased demand outllok of bio diesel in US. #Biodieselmandate#Biodiesel
#Rapeseed prices in Ukraine have fallen after the announcement of a 10% export duty
The duty, expected to take effect on either August 1 or September 1, led exporters to cut domestic prices by 500–600 UAH/ton, down to 23,000–24,300 UAH/ton. #Edibleoil
ITS Report/Indonesia #Palm June Exports :
-Total Export 25.88 Lt vs May 19.83 Lt
-#CPO 2.86 Lt/May 2 Lt
-#Olein logs big 11.47 Lt Volume in June despite #India buy halves on Olin Duty much higher to Crude PalmOil
-Shipments to India rose to 7.55 LT vs May 5.86 Lt
Deep Crab Bearish #Harmonic pattern formation in Comex gold suggests profit booking could be seen in gold soon.. Major resistance 2940/2950 wherein downside potential is near 2750/2600 #Gold#Goldtechnicalanalysis#Gold#Bullion..
#Turmeric#Haldi on weekly chart crucial support - 13700/12400/600 any bounce back is limted at towards 16500
Trading range Jan'25-Mar25 12600-16500.
H&S pattern formation is in final stage if it is true than turmeric can fall below its cost of production. mind it
#Turmeric Quarterly Chart. suggests possibilities of formation of bearish crab harmonic pattern. If turmeric prices does'nt breach the support of 12400-12200 gains will remain continue towars 15500 - 16500 in Jan'25 and may drop to 11000 in Apr-May'25 and than 23500 2nd half 2025
#Coriander long term price Outlook 2024-25. Coriander prices set for big move ahead.. mainly due to supply concerns.. mounting conflicts between Ukraine and Russia will boost export prospects in India. #dhaniya
https://t.co/vtdLZ4XxNn
Bearish Crab harmonic Pattern formation at Daily chart of #ComexSilver Silver suggests profit booking might be seen soon near $35.00 and prices may correct atleast 15% towards $30. #Technical_Analysis#Gold#Silver It means MCX sliver may witnesss correction of atleast 15% soon.
Impact of Trump's victory on Indian Guar Industry..
See the special coverage with production, Export and Ending stocks trend of #Guar and #guargum
https://t.co/ojEW5zarWd
Reports of Yield Losses in #turmeric may support prices soon . For more information kindly watch the video
#Haldi#TurmericCrop#Turmeric
हल्दी की फसल हुई भयंकर बीमारी का शिकार .. क्या हल्दी में आने वाली है लंब... https://t.co/Z8Umc0CF2M via @YouTube
Agri Commodities Diwali Special Report - 2024..
#Castor#Dhaniya#Mentha
प्रोडक्शन के भारी किल्लत और बढ़ता निर्यात ....धनिया कैस्टर और मेंथा अगले ... https://t.co/6UlBRoiySO via @YouTube