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Jeera futures may trade with a negative bias due to 
selling pressure as arrivals of the new crop are rising 
sharply in spot markets. The off take is likely to 
remain limited due to expectation of high output on 
significant rise in sowing. However, expectations of 
pick up in export may limit sharp fall in prices. As per 
the latest data by Gujarat Agriculture Board, total 
acreage of jeera in the state has been increased by 1.05 
lakh hectares from the last year to 4.54 lakh hectares. 
Traders estimated that total production of jeera is 
likely to increase by 10 lakh bags to around 46 lakh 
bags in the current year. FMC approved increase in 
the tick size of jeera futures contract on the NCDEX to 
Rs.5 per 100 kg from Rs.2.50. The modification will be 
applicable in all the running contracts. 
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