Arrivals of Mustard Seed in Rajasthan were steady at 10,000 bags yesterday and all over India’s arrival were at to 16,000 bags (85 kg each) yesterday.

The US Census Bureau released its monthly crush report on Thursday. Total crush for July was estimated at 129.07 million bushels which was about 600-700,000 bushels above the average trade estimate. The monthly crush number was almost unchanged from June and up fractionally from last year. Oil stocks were slightly above trade expectations at 3.555 billion pounds with meal stocks well above expectations at 423,052 short tons.

Mustard seed stocks in the NCDEX accredited warehouses stood at 119,246 metric tonnes (dematted stock) and 1813 metric tonnes are in process as on September 02, 2010.

Courtesy: Angel Commodities

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