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CBOT corn up nearly 2pc on technical buying, rain forecast CHICAGO: US corn futures jumped nearly 2 percent on Tuesday, capping the largest two-day rally in prices in two months on support from technical buying and ideas rains in the coming days will delay plantings, traders said.Surging wheat futures amid drought conditions in the southern US Plains and unwinding of soybean-corn spreads also lifted corn futures that recovered most of their declines during a three-session selloff last week.Additionally supportive was a lack of deliveries against expiring Chicago Board of Trade May corn futures and the seasonal slowdown in farmer sales as growers actively work fields in the US Midwest.Most-active CBOT July corn nearly fell below its 40-day moving average earlier in the session before finishing above the 10-, 20-, 30- and 40-day moving averages.Private exporters reported the cancellation of 120,000 tonnes of US corn previously sold to unknown destinations and 100,000 tonnes of US corn previously sold to Spain, both ...

Honduras coffee exports edge down in April TEGUCIGALPA: Coffee exports from Honduras, Central America's largest producer, fell 1.5 percent in April from the same month last year, national coffee institute IHCAFE said on Monday. Central America's five major coffee producers, along with Mexico, are grappling with damage caused by the tree-killing fungus roya, which has depressed yields across the coffee-growing region. Shipments from Honduras totaled 580,284 60-kilogram bags for the month. Coffee exports during the first seven months of the 2013/2014 harvesting ...
ICE Canada canola rebounds to weekly gain WINNIPEG: ICE Canada canola futures rose on Friday on a technical bounce, and the most-active month finished higher for the week.Traders adjusted positions ahead of Monday's Statistics Canada report on March 31 stocks. The estimate of canola stocks is at 9 million tonnes, according to a Reuters poll, the largest ever for this time of year.Most-active July canola rose $11.20 or 2.2 percent at $480.40 per tonne. Finished with a weekly gain of 1.3 percent.July-November ...
ICE Canada canola rebounds to weekly gain WINNIPEG: ICE Canada canola futures rose on Friday on a technical bounce, and the most-active month finished higher for the week.Traders adjusted positions ahead of Monday's Statistics Canada report on March 31 stocks. The estimate of canola stocks is at 9 million tonnes, according to a Reuters poll, the largest ever for this time of year.Most-active July canola rose $11.20 or 2.2 percent at $480.40 per tonne. Finished with a weekly gain of 1.3 percent.July-November ...
Gold up 1.4pc on Ukraine, US jobs data has mixed impact NEW YORK/LONDON: Gold rose more than 1 percent on Friday, its biggest daily gain in two months, as rising geopolitical tensions and heavy short-covering helped bullion reverse an initial sharp sell-off after mixed U.S. job data.Bullion rallied on fears of more violence after news that several men were shot dead in clashes between pro-Russian protesters and Ukraine supporters and dozens of people killed in a fire in the trade union building in the largely Russian-speaking ...
Raw sugar slips 2pc for day, ending rally; cocoa, coffee down too NEW YORK: Raw sugar prices fell on Friday, halting a three-day rise and trimming weekly gains, on concerns that global supplies of the sweetener might be on the rise despite uncertainties posed by drought in Brazil, the world's largest sugar grower.Cocoa futures edged lower, touching a two-month bottom, pressured by large West African crops and weak prices for beans auctioned by top producing country Ivory Coast.Arabica coffee gave up its early strength to close down ...
US wheat hits 14-month high on Plains drought, heat outlook CHICAGO: US wheat futures surged 2 percent to their highest levels in more than a year on Friday, bolstered by concerns of drought-reduced production in the southern Plains, where triple-digit temperatures could bake the crop this weekend.Corn extended losses after a tumble on Thursday tied to investor profit-taking and improving conditions for spring plantings in the US Midwest, while soybeans were slightly higher in a bargain-buying bounce following their largest declines since September.Temperatures in Kansas, ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 11, 2014
Reserves $13.415 bln