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Corn, wheat hit near 3-month low on improved crop weather CHICAGO: US grain futures fell more than 1 percent on Tuesday, with corn and wheat hitting roughly three-month lows, as favorable crop conditions and signs of easing tensions in major export hub Ukraine sparked investor long liquidation, traders said.Bull spreading in Chicago Board of Trade corn and soybean futures saw new-crop contracts posting larger declines than nearby contracts, reflecting forecasts for mostly dry conditions for planting in the US Corn Belt.Analysts on average expected the US Agriculture Department in a report due late on Tuesday to say farmers caught up on corn and soybean sowings after a slow start to the spring planting season."We're definitely taking the concern off this market about planting progress, especially given the forecast. We have a very good forecast for very good potential yields this year," said Rich Nelson, an analyst at Allendale Inc.Most-active July corn futures fell 6-3/4 cents to $4.71-1/4 per bushel, the ...

El Salvador coffee exports down sharply in April on roya damage SAN SALVADOR: Coffee exports from El Salvador dropped by 50.3 percent in April compared with the same month last year due mostly to ongoing damage from the tree-killing fungus roya, the country's national coffee council CSC said on Monday. Shipments in April totaled 64,052 60-kg bags. "Many factors affect exports, but the biggest one has been the impact of roya," said a CSC spokesperson. Exports during the first seven months of the current 2013/2014 harvesting ...
China says importing small amount of Brazilian corn BRASILIA: China has imported a small amount of corn from Brazil since official approval for the purchases went into effect on March 31, the Asian country's ambassador said on Monday.China's main corn supplier is usually the United States, but shipments were curbed earlier this year after officials turned away some 1 million tonnes due to the presence of a genetically altered strain that was not approved by Beijing."So far we are importing a very limited ...
Soybeans slide, corn firms in pre-holiday consolidation CHICAGO: US soybean futures eased on Friday as investors unwound spreads and squared positions ahead of the Memorial Day holiday weekend, but the market remained poised for its strongest weekly advance in five weeks. Wheat fell for the fourth straight day and hit a 10-1/2 week low on weak demand and abundant global supplies. Corn firmed on bargain buying and as traders unwound long soybean and short corn spreads.Trading volumes were light ahead of the ...
Soybeans rebound on tight U.S. stocks, persistent demand CHICAGO: US soybean futures jumped more than 1 percent on Wednesday in a bargain-buying bounce from the prior session's steep declines and on concerns about tight U.S. supplies ahead of the autumn harvest.Corn futures were mixed after sinking to an 11-week low earlier in the session, weighed down by this week's rapid U.S. planting pace and adequate old-crop supplies.Wheat fell for a 10th session out of 11, with plentiful global supplies giving stiff competition to ...
CBOT corn falls to 10-week low CHICAGO: US corn futures declined for the fifth straight session on Tuesday, falling to the lowest level in 10 weeks as favourable growing conditions in the Midwestern crop belt prompted investors to liquidate long positions, traders said.Most-active Chicago Board of Trade July corn futures reversed from earlier gains and set new lows in the final minute of trading. Futures also tested the 200-day moving average of about $4.73 per bushel the last major moving average ...
Corn drops to 10-week low on good Midwest planting weather CHICAGO: US corn futures eased for a fourth straight session on Monday and dipped to their lowest level since March as periods of warm, dry weather this week should accelerate planting across the Midwest following weeks of rain delays and unseasonable cold.Chicago wheat futures fell for the ninth consecutive session and hit a one-month low on improving crop weather in the US Plains, sluggish export demand and easing tensions in major grain exporter Ukraine.Soybeans firmed ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln