All
 

 

Just in:  

You are here: Home»Markets»Commodities»Americas»CBOT wheat ends lower on technical selling; KCBT steady to firm

wheat--CHICAGO: Chicago Board of Trade wheat futures fell for the second day in a row on Wednesday, pressured by technical selling and poor export demand, traders said.

 

* Prices for the benchmark CBOT March soft red winter wheat contract failed to hold support above the contract's 30-day moving average, which it briefly eclipsed early on Wednesday.

 

* Hard red winter wheat futures at the Kansas City Board of Trade were mostly flat to up slightly due to worries about crop development.

 

* Dry weather in the US Plains continues to cause concern about harm to the already drought-stricken hard red winter wheat crop, said Joel Widenor, meteorologist for Commodity Weather Group.

 

* Bangladesh's state grains buyer received the lowest bid at $322 per tonne from a Korea-based company for its tender to buy 50,000 tonnes of wheat, officials from the state agency said on Wednesday.

 

* Japan's Ministry of Agriculture has bought 17,800 tonnes of feed wheat in a tender. The ministry has said it seeks to buy 120,000 tonnes of feed wheat.

 

* The Korea Feed Association (KFA) bought 55,000 tonnes of feed wheat likely to be sourced from India in a snap, European traders said.

 

Copyright Reuters, 2013


 



 
Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln