Gold Silver Reports (GSR) – Russia’s Wheat Crop Under Threat From Miserable Start to Spring – Cold weather in central areas and the Volga valley delayed the resumption of winter wheat growth by about two to three weeks compared with last year, according to the Institute for Agricultural Market Studies, or IKAR. Lingering snow has also given farmers in the world’s top exporter less time to sow spring crops, potentially leading to smaller-than-expected plantings.
Agri Commodity
At Gold Silver Reports, we deliver reliable agri commodity tips covering wheat, sugar, cotton, and other agricultural commodities. Get daily market updates, intraday and positional trading calls, and expert insights to make smarter decisions in the agricultural commodity market.
Cotton MCX Resistance Key Level at 20777
Gold Silver Reports — Technically MCX Cotton is under short covering as market has witnessed drop in open interest by -2.99% to settled at 5871 while prices up 30 rupees.
Agri Commodities; Short Term Trend Remains Volatile
Gold Silver Reports ~ After the bullish trend seen for most Agri counters over last few days, profit booking at the higher levels brought some dips to the rising prices. Rising arrivals of new Rabi crop too helped pressurize prices.