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CBOT corn down for 3rd day, nearing contract lows, on US crop conditions CHICAGO: Chicago Board of Trade corn futures on Wednesday declined for the third straight session to their lowest levels since early October, pressured by investment fund selling tied to favorable crop conditions in the United States, traders said.Most-active July corn fell as low as $3.48-3/4 per bushel, just above their contract low from October of $3.46-1/4. New-crop December corn fell to $3.66, less than 2 cents from matching its contract low of $3.64-1/4.Corn on a continuous chart has declined 4.3 percent during the past three sessions, the biggest such drop since March.The losses came after the US Agriculture Department said in a report after the close of trading on Monday that plantings of US corn were nearly complete, while the crop was rated 74 percent good to excellent, within the range of analysts' estimates. Copyright Reuters, 2015 ...

CBOT wheat ends lower as fears of US crop losses abate CHICAGO: Wheat futures on the Chicago Board of Trade fell on Wednesday for a third straight session on technical selling and as fears abated about crop losses in the southern US Plains, traders said.A stronger dollar added pressure, threatening already-poor export prospects for US wheat amid ample global supplies.The US Department of Agriculture late Tuesday left its weekly US winter wheat condition ratings unchanged at 45 percent good-to-excellent, easing concerns about the impact of torrential ...
Gold steadies off two-week low as dollar rally loses steam NEW YORK/LONDON: Gold was steady after initially falling to a two-week low on Wednesday, as the dollar retreated from a one-month high, but the precious metal remained under pressure from expectations that a US rate increase may come soon. Spot gold was up 0.1 percent at $1,187.70 an ounce at 2:53 p.m. EDT (1853 GMT), after hitting $1,183.76 an ounce, the lowest since May 12. US gold futures for June delivery settled down $1.30 at ...
Wheat struggles near 2 weeks low on rapid US crop development SINGAPORE: Chicago wheat hovered near a two-week low on Wednesday, pressured by a US government report pegging crop conditions above market expectations.Soybeans remained near their lowest since early October, while corn ticked higher as the market took a breather after suffering two sessions of deep losses.Chicago Board of Trade's most-active wheat contract was unchanged at $4.93-1/2 a bushel by 0255 GMT, after sliding 4.2 percent on Tuesday.Soybeans rose 0.1 percent to $9.23-3/4 a bushel, having ...
Sugar at 8-week low, robustas at 1-1/2-year low on firm dollar NEW YORK/LONDON: Raw sugar futures fell more than 2 percent to an eight-week low on Tuesday as the Brazilian currency sank against the US dollar, while robusta coffee futures fell for a fifth straight day and reached a 1-1/2-year low on rains in Vietnam. The rallying greenback also weighed on coffee prices, pressuring arabica to the lowest level since January 2014, while also hitting New York cocoa. Volume was heavy as traders returned from a ...
CBOT soybeans extend losing streak to five sessions CHICAGO: Chicago Board of Trade soybean futures fell for the fifth straight session on Tuesday as the planting of what is forecast to be the largest amount of US soy acreage ever was seen ahead of schedule, traders said.Ample global supplies also weighed on prices.Contract lows for soybeans were set across the board.Soymeal futures weakened while soyoil strengthened due to the unwinding of long soymeal/short soyoil spreads, traders said.CBOT July soyoil rallied through technical resistance ...
CBOT corn lowest since October as wheat falls, dollar rises CHICAGO: Chicago Board of Trade corn futures fell more than 1 percent to the lowest levels since October on Tuesday, pressured by a higher dollar and a 4 percent tumble in wheat futures, traders said.Chart-based selling also was noted while analysts expected the US Department of Agriculture later on Monday to show that spring plantings were nearly complete and corn crop conditions overall were favorable.Most-active CBOT July corn fell to $3.54 per bushel, lowest since ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln