AGL 8.26 Increased By ▲ 0.11 (1.35%)
ANL 11.16 Increased By ▲ 0.07 (0.63%)
AVN 84.12 Increased By ▲ 0.42 (0.5%)
BOP 5.80 Decreased By ▼ -0.05 (-0.85%)
CNERGY 5.83 Increased By ▲ 0.18 (3.19%)
EFERT 80.00 Decreased By ▼ -0.22 (-0.27%)
EPCL 67.80 Increased By ▲ 0.52 (0.77%)
FCCL 15.30 Increased By ▲ 0.10 (0.66%)
FFL 7.29 Increased By ▲ 0.06 (0.83%)
FLYNG 8.08 Increased By ▲ 0.02 (0.25%)
GGGL 12.19 Increased By ▲ 0.19 (1.58%)
GGL 17.80 Increased By ▲ 0.09 (0.51%)
GTECH 8.95 Increased By ▲ 0.17 (1.94%)
HUMNL 7.28 Increased By ▲ 0.05 (0.69%)
KEL 3.73 Decreased By ▼ -0.01 (-0.27%)
LOTCHEM 32.10 No Change ▼ 0.00 (0%)
MLCF 29.01 Increased By ▲ 0.01 (0.03%)
OGDC 86.28 Increased By ▲ 0.23 (0.27%)
PAEL 17.56 Increased By ▲ 0.16 (0.92%)
PIBTL 6.35 Increased By ▲ 0.05 (0.79%)
PRL 19.89 Increased By ▲ 0.79 (4.14%)
SILK 1.19 Increased By ▲ 0.05 (4.39%)
TELE 12.30 Increased By ▲ 0.05 (0.41%)
TPL 9.19 Increased By ▲ 0.01 (0.11%)
TPLP 20.84 Increased By ▲ 0.14 (0.68%)
TREET 27.15 Increased By ▲ 0.20 (0.74%)
TRG 98.40 Increased By ▲ 0.65 (0.66%)
UNITY 23.15 Increased By ▲ 0.15 (0.65%)
WAVES 13.14 Decreased By ▼ -0.96 (-6.81%)
WTL 1.38 Increased By ▲ 0.07 (5.34%)
BR100 4,393 Increased By 4.8 (0.11%)
BR30 16,161 Increased By 62.2 (0.39%)
KSE100 43,725 Increased By 48.3 (0.11%)
KSE30 16,560 Increased By 28 (0.17%)

CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Thursday.

WHEAT - Up 2 to 3 cents per bushel

Wheat futures inched higher overnight ahead of today's world supply and demand report from the US Agriculture Department.

The report is expected to reflect lower global wheat supply due to diminished yields in the Russian wheat crop, North American drought and delayed harvest across the European Union due to excessive rainfall.

Analysts expect the USDA to peg US 2021/2022 all wheat production at 1.723 billion bushels, down 23 million bushels from its July assessment.

CBOT September soft red winter wheat was last 2-3/4 cents higher at $7.29-3/4 per bushel; K.C. September hard red winter wheat firmed 1-1/2 cents to $7.11-3/4 per bushel, and MGEX September spring wheat added 7-1/4 cents to $9.20-1/4 per bushel.

CORN - Down 1 to 2 cents per bushel

Corn traded near even overnight, awaiting the USDA's supply and demand report.

Analysts expect the USDA to show US 2021/2022 corn production at 177.6 billion bushels, down 1.9 billion bushels from its July report, cutting yield 1.9 bushels per acre to 177.6 bpa.

Brazil's corn production is also expected to drop 4.28 million tonnes to 88.72 million tonnes.

CBOT December corn last traded down 1-1/4 cents at $5.58 per bushel.

SOYABEANS - Down 3 to 5 cents per bushel

Soyabeans eased overnight, pressured by continued rainfall across parts of the US Midwest.

Comments

Comments are closed.