AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,941 Increased By 63.6 (0.92%)
BR30 22,802 Increased By 233 (1.03%)
KSE100 67,176 Increased By 628.6 (0.94%)
KSE30 22,090 Increased By 175.1 (0.8%)

CHICAGO: Following are U.S. 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 Tuesday.

WHEAT: Down 3 to 6 cents per bushel Wheat futures falling on profit-taking setback, with firmer dollar that makes U.S. supplies less attractive to overseas buyers adding pressure.

Benchmark CBOT December soft red winter wheat found support during the overnight trading session near Monday's low of $7.24.

CBOT December soft red winter wheat last traded down 5-1/2 cents at $7.28 per bushel. K.C. December hard red winter wheat was last off 4-1/2 cents at $7.13 per bushel, while MGEX December spring wheat was last 4 cents lower at $9.01-3/4.

CORN: Up 4 to 8 cents per bushel Corn futures rising on concerns about deteriorating crop conditions in U.S. Midwest.

U.S. Agriculture Department on Monday afternoon said that 60% of the U.S. corn crop was rated good to excellent, down 2 percentage points from a week earlier and 1 point lower than the average of analysts' expectations.

Private exporters reported the sale of 125,300 tonnes of corn to Mexico for delivery in the 2021/22 marketing year, USDA said.

CBOT December corn rose above the low end of its 20-day Bollinger range overnight.

CBOT December corn last traded up 4 cents at $5.39-1/2 per bushel.

SOYBEANS: Up 15 to 20 cents per bushel Technical buying expected to support soybeans. USDA reports that showed 1 percentage point decline in good-to-excellent ratings for U.S. crop also supportive. Private exporters reported the sale of 132,000 tonnes of soybeans to China for delivery in the 2021/22 marketing year, USDA said.

Comments

Comments are closed.