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US wheat tumbles 2 percent after rally as rain monitored CHICAGO: US wheat tumbled as much as 2 percent on Tuesday as investors took profits after the previous session's five-week high and extended weather outlooks showed the possibility of crop-friendly rains in the United States and Russia.Soybean futures also were lower at the Chicago Board of Trade, pressured by record South American harvests and disappointing manufacturing data out of top importer China.Corn was narrowly higher, touching a roughly two-week peak, on ideas that analyst outlooks for reduced US spring plantings could result in tighter supplies later this year. Investors already were evening positions ahead of the US Department of Agriculture's prospective plantings report, which is due in a week and considered one of the most important crop reports of the year.The USDA after the close of trading on Monday boosted condition ratings for the winter wheat crop in Texas and Oklahoma, and held ratings steady in top growing state Kansas."Wheat ...

Soy, corn and wheat rise on weak dollar, short-covering CHICAGO: US soybean, corn and wheat futures climbed 1 percent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions.Dry weather in Russia and southern US Plains growing areas also underpinned wheat prices while corn futures climbed above several key moving averages, lending technical support. But prices pared gains as the dollar trimmed losses against a basket of currencies."With the dollar lower again, the main feature ...
Gold heads for biggest weekly gain in 2 months, silver jumps NEW YORK/LONDON: Gold prices hit two-week highs on Friday and were poised for their biggest weekly jump since mid-January, after the US Federal Reserve's cautious note on interest rates arrested a dollar rally and sparked broad-based buying of commodities. The US currency fell as much as 1.8 percent against a basket of major currencies on Friday, after the Fed downgraded its growth and inflation projections earlier in the week, signalling it is in no rush ...
Raw sugar rebounds from six-year low as Brazil's currency rises NEW YORK/LONDON: Raw sugar futures turned positive after hitting a six-year low on Friday as top-producer Brazil's real currency rallied against a sagging US dollar and the low prices attracted buying.New York cocoa on ICE Futures US jumped on a sharp downturn in the US dollar, while arabica coffee fell in a pullback from the prior session's gains on a resumption of speculator short selling. May raw sugar gained 0.06 cent, or 0.5 percent, to ...
US Physical Coffee-Brazil, Colombia coffee differentials ease, futures rally NEW YORK: Differentials for Brazilian and Colombian arabica coffee fell for the first time in months this week but remained elevated as the futures market rallied off 13-month lows.The average differential on 2/3 strictly soft/fine cup Brazilian coffee shipped from the Santos port dipped to even with the benchmark May arabica coffee price on ICE Futures US, down from a premium of 2.5 cents a lb ex dock last week. The premium for usual good ...
Soybeans edge up, but set for weekly losses of 1pc SYDNEY: Chicago soybeans rose on Friday as the dollar softened, but prices were set for a third straight weekly drop on signs demand was weakening for US supplies ahead of a bumper South American crop.The dollar has come off peaks set last week after the US Federal Reserve on Wednesday lowered its assessment on the economy. Most of Wall Street's top banks now see the Fed holding off until at least September before raising rates.The ...
Soy, corn drop as dollar rises; wheat mixed CHICAGO: US corn and soybean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for US exports, traders said."It was all about the US dollar today, as the night session gapped higher on big volume off dollar-related short covering, only to see the dollar spin on its heels and rally hard during the day session, dragging futures back down," Charlie Sernatinger, global head of grain futures ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln