Tuesday, August 4, 2015

NCDEX Chana | Soyabean Tips , NCDEX Free Tips , Jeera Updates

Heavy Rainfall in all the area pressurised the Agri Commodity Market.

Latest Govt reports indicate total sown area for kharif crops as on 31tst July stood at 764.28 lakh hectare as compared to 703.43 lakh hectare at this time last year. Madhya Pradesh government estimated soybean estimating total production of 88 million tons , which is 26 per cent higher than last year.


The total production of 220.9 million tonnes of kharif crops in the state is likely to last year's 26.5 percent. The grain production target of 112.1 million tonnes were placed , while 26.4 per cent compared to last year . Kharif rice production this season is estimated to be 63.7 million tonnes, which is 17.2 per cent higher than last year's kharif season.

In case of pulses in the state figure of 12.6 million tonnes is to be seen. While 23.9 per cent more than last year when the figure being talked about, in which mainly green, Urad and Moong is.Kharif crops is nearly over, while this season's harvest is in September-October months.

In Madhya Pradesh, the monsoon rains for irrigation of Kharif crops is considered to be the most important.

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BUY NCDEX SoyaOil ENTRY - 565, S L -568, TGT- 1 / TGT- 2 - 558/ 556

BUY NCDEX Jeera ENTRY – 16200, S L- 16100, TGT- 1 / TGT- 2 - 16400/ 16450

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