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CBOT wheat, corn, soybeans lower after USDA CHICAGO: Chicago Board of Trade wheat saw the biggest decline following USDA's monthly crop report on Tuesday, pressured by the government's larger 2014/15 world stocks forecast, traders said. CBOT corn and soybeans were also lower shortly after the report but soy was supported by USDA's 25-million-bushel cut in its 2014/15 US soy end stocks estimate. Copyright Reuters, 2015 ...

ICE cotton pares gains after USDA raises world output forecast NEW YORK: Cotton futures pared earlier gains and briefly turned negative on Tuesday after the US government raised its forecast for world ending stocks and production in the 2014/15 crop year in its monthly world supply and demand report. The most active March cotton contract on ICE Futures US was up 0.37 cent, or 0.6 percent, at 62.37 cents a lb at 12:31 p.m. EST (1731 GMT). The US Department of Agriculture (USDA) raised its ...
CBOT corn falls most in 2 weeks on ample global grain supplies CHICAGO: Chicago Board of Trade corn futures eased in a profit-taking selloff on Tuesday, extending declines after a US Department of Agriculture report showed ample global supplies of both corn and wheat, traders said.Most-active CBOT March corn notched its largest declines since Jan. 28 as investors locked in profits after prices jumped to the highest levels in nearly three weeks during the previous session.USDA in a monthly supply and demand report pegged US corn ending ...
CBOT soybeans fall to 1-week low on hefty global supplies CHICAGO: Front-month soybean futures on the Chicago Board of Trade fell to a one-week low on Tuesday on plentiful global supplies of the oilseed, even after the US Department of Agriculture trimmed its forecast of 2014/15 ending stocks.USDA in its February supply/demand report lowered its forecast of world soybean ending stocks, the amount of soy left over at the end of the marketing year, to 89.26 million tonnes, below an average of trade estimates for ...
CBOT wheat ends lower on USDA world, US stocks view CHICAGO: Chicago Board of Trade wheat futures fell 1.5 percent Tuesday after the US Department of Agriculture raised its forecasts of US and world wheat ending stocks above trade expectations, brokers said.USDA in a monthly supply/demand report raised its forecast of global 2014/15 wheat ending stocks to 197.85 million tonnes, above a range of trade expectations and a four year high, if realized.USDA also raised its estimate of 2014/15 world wheat production to a record-high ...
Raw sugar slips to backwardation for 1st time since Nov 2013 NEW YORK: Spot raw sugar prices jumped to a premium over forward contracts for the first time since November 2013, as Chinese refiners scooped up more lower-priced foreign material, tightening nearby supplies and potentially roiling long-term stockpiling deals. Spot March contracts on ICE Futures US rose as high as a 0.18-cent premium over the May contract on Tuesday after the March/May spread inverted on Monday, even as the global market remains awash with sweetener. After ...
Wheat falls 1pc on USDA outlook for big global supply CHICAGO: US wheat futures fell 1.5 percent on Tuesday, declining for the first time in four sessions after the US Department of Agriculture in a monthly report estimated world ending stocks larger than analysts anticipated.Soybean futures shed 1 percent while corn was narrowly lower. Prices for all three crops extended declines in the wake of the USDA report that overall was seen as neutral but nevertheless showed ample grain and oilseed supplies."There's nothing in the ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
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WeeklyFebruary 26, 2015
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