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CBOT soybeans close mostly lower but front-month firm CHICAGO: Chicago Board of Trade soybean futures closed mostly lower on Wednesday on a mild profit-taking setback following a four-day rally, traders said.Weakening overseas demand for US soybeans also weighed on prices.Traders noted some unwinding of bull spreads as the closely watched July-November spread neared its all-time high before giving up 3-1/2 cents during Wednesday's session.Although most soybean contracts closed lower, CBOT May , which is in the delivery period, rose 4-3/4 cents. The thinly traded front-month contract peaked at it highest since July 12, 2013 during the session.Analysts were expecting a weekly US Agriculture Department report on Thursday morning to show old-crop soybean export sales in range from -250,000 to 100,000 tonnes. New-crop sales were forecast between 250,000 to 450,000 tonnes.Soymeal futures remained firm as tight supplies lent support. Dealers on the cash market said demand was routine but more maintenance shutdowns were expected in the coming weeks, which ...

ICE May sugar delivery to exceed 800,000 tonnes: traders NEW YORK: The ICE May raw sugar delivery is estimated at more than 800,000 tonnes, reaching the high end of estimates, and coming primarily from the world's biggest producer, Brazil, traders said on Wednesday.Traders said the delivery will be 16,000-16,197 lots, or 800,000-822,845 tonnes, with one trade house taking the entire delivery.Most of the sugar will come from Brazil while roughly 15,000 tonnes will come from Honduras and about 8,900 tonnes from Guatemala, they said.ICE ...
ICE Canada canola rises, supported by cool weather WINNIPEG: ICE Canada canola futures rose slightly on Wednesday, supported by cool, wet weather ahead of planting.Unusually chilly weather on the Canadian Prairies has hampered spring fieldwork by farmers, creating mild concerns about planting, traders said. A lack of farmer selling to the cash market is also seen as supportive.Most-active July canola added 20 cents at $477.40 per tonne.July-November spread widened to a November premium of $7.90 per tonne.Chicago July soybeans eased 4-1/2 U.S. cents ...
Gold drops slightly after Fed cuts stimulus NEW YORK/LONDON: Gold fell on Wednesday after the U.S. Federal Reserve reduced its monthly bond purchases by another $10 billion, a sign of its confidence in the economy's health, disappointing bullion investors who had expected the central bank to slow tapering.At the end of a two-day policy meeting, the Fed said the economy "will expand at a moderate pace and labor market conditions will continue to improve gradually" - an assessment that tracked its statement ...
U.S. winter wheat ratings decline amid drought in western Plains CHICAGO: U.S. winter wheat crop ratings declined slightly over the past week amid a deepening drought in western and southern portions of the U.S. Plains wheat belt, the U.S. Department of Agriculture said on Monday.The winter wheat crop was rated 33 percent good to excellent, down 1 point from the previous week and well below the five-year average of 49 percent, USDA said in its weekly crop progress report.Analysts polled by Reuters, on average, expected ...
Wheat hits 2-week high on drought conditions in US Plains CHICAGO: US wheat rose for the fifth straight session, climbing to a two-week high on Monday on concerns that drought conditions in the southern Plains could cut yields before an annual crop tour this week in the top-growing state of Kansas, analysts said.Corn futures advanced to a nearly three-week high at the Chicago Board of Trade as soggy fields in the Midwest prevented farmers from planting seeds while soybeans jumped on tight US supplies.But wheat ...
CBOT soybeans rally on tight stocks CHICAGO: US soybean futures rose on Friday as investors rebuilt bull spreads due to tight US supplies, traders said.The front-month soybean contract rose 1.9 percent, its biggest gain of the week, and closed just off its session high, a bullish sign for the market.Strength in soymeal, which rallied 2.3 percent as processors scrambled to find crushing supplies, led soybean prices higher.Soyoil also rose but gains were limited by declines in the crude oil market.CBOT front-month ...

 



 
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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln