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Soybean spot basis bids were sharply higher at processing plants around the US Midwest on Monday, supported by tight existing supplies and a slow pace of farmer sales, traders said. Farmers delayed sales of soybeans, corn and wheat as futures for the crop tumbled on overall favourable growing conditions in the United States. However, soybean basis bids were narrowly lower along Midwest river terminals, pressured by seasonally slow export demand amid cheaper supplies on offer in Brazil and Argentina.

Malaysian palm oil futures hit an eleven-month low on Monday, as other vegetable oils traded lower and expectations of weak demand and higher output in the coming weeks weighed on prices. By the close, benchmark palm oil for October on the Bursa Malaysia Derivatives Exchange ended 3.1 percent lower at 2,055 ringgit ($534) a tonne. Prices earlier fell to 2,049 ringgit, their lowest since September 11.
The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:
Ukraine plans to raise soyabean output by 5 percent to about 4.1 million tonnes this year and hopes to ship some volumes to China, the agriculture ministry said on Monday. Farmers have increased the area sown with soya sharply in the past two years due to the increased profitability of the crop. They sowed 2.1 million hectares of soya this year, up from 1.8 million in 2014, a ministry spokeswoman said.
ICE Canadian canola futures rose on Friday for a fourth straight session, supported by month-end short-covering and dryness concerns. The nearby contract finished lower for the third consecutive week, down 1.3 percent, and posted a monthly loss of 7.5 percent. Rains in Alberta have stabilised crop condition ratings, the provincial government said, but a trader said there are still worries about the size of the crop.
Raw sugar futures dropped almost 2 percent to a new 6-1/2-year low on Monday, pressured by a weaker Brazilian currency and hefty stocks in India and Thailand. The weakening in the Brazilian real also dragged on arabica coffee futures, while New York cocoa eased in technically driven selling. Benchmark raw sugar futures hit a 6-1/2-year trough of 10.92 cents a lb, pressured by the falling real against the US dollar.
Euronext wheat futures fell to a six-week low on Monday, sapped by an advancing harvest in western Europe and the Black Sea region that was set to yield ample supplies for export markets. Paris prices were also curbed by a six-week low for US wheat and a broad retreat on commodity markets as investors fretted about a slowing Chinese economy.
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln