DAILY AGRI REPORT-29 MAR

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TURMERIC 

Turmeric futures fell on higher supplies from the new crop, though depleting supplies and new exports inquiries kept the downside limited. The key April contract ended 2.24 percent lower at 6,194 rupees per 100 kg.

SOYABEAN 
Soybean futures rose a tad on thin supplies and a drop in edible oil imports in February. Futures are likely to fall on lower soymeal demand and rising rapeseed supplies from the new season crop. The April soybean contract ended higher 0.35 percent at 4,284.50 rupees per 100 kg,
while the April soyoil contract fell 0.54 percent to 703.80 rupees per 10 kg. The key April rapeseed contract ended 0.20 percent lower at 3,432 rupees per 100 kg.
CHANA 

Chana, or chickpea, futures edged higher on concerns about production due to heavy rainfall in key producing states. Futures are likely to extend gains in the next trading session. The April chana contract ended up 0.27 percent at 3,300 rupees per 100 kg.

JEERA 

Jeera futures traded down on NCDEX on account of subdued demand from retailers and stockists against adequate stocks. Further, traders offloading stocks expecting arrivals to likely gain momentum in the coming days on the account of rising new supplies from Rajasthan also
put pressure on Jeera prices in futures trade.

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