US AGRICULTURE PRICES +1.9% IN AUG. FROM JULY; -2.0% IN AUG, FROM YEAR AGO
US AGRICULTURE PRICES +1.9% IN AUG. FROM JULY; -2.0% IN AUG, FROM YEAR AGO
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US AGRICULTURE PRICES +1.9% IN AUG. FROM JULY; -2.0% IN AUG, FROM YEAR AGO
From October 15, a 0.4% merchant discount rate will apply to UPI payments above 2,000 rupees, ending more than six years without any fees. The policy debate centers on whether merchants or consumers ultimately absorb the cost.
The food and agri group said revenue rose 33% in Q2 to US$1,139 million and 32% in 6M to US$2,161 million. Net profit fell 35% in Q2 to US$28 million.
Basis offers for soymeal were steady with a firm tone at U.S. Midwest rail and truck points as soybean harvest delays continued to slow processors' crushing pace, restricting spot supplies of the feed ingredient. Spot basis was unquoted at several Iowa crushing plants as a shortage of replacement soybeans curbed availa
Russian wheat export prices fell last week in line with global markets, and analysts are revising their estimates for shipments from Russia in September upwards, although they remain at multi-year lows.