Trends - CBOT - Business Recorder

CBOT

CBOT soybeans may rise into $13.86-1/2 to $13.99 range

The contract is riding on a powerful wave 3, which observes closely a set of projection levels, based on the rise from $12.46-1/4 to $12.99-1/2.

Published 06 Jan, 2021 12:37pm

Markets

CBOT corn may rise into $5.04-1/2 to $5.08-1/2 range

The nearest resistance is at $5.04-1/2, the 800% level, which looks vulnerable and may be broken soon. Support is at $4.98, a break below which could cause a fall to $4.94.

Published 06 Jan, 2021 12:29pm

Markets

CBOT corn may test resistance at $4.87-1/2

The third wave labeled c would start in the zone, to reverse the wave b. A break below $4.83-1/2 may cause a fall into $4.75-1/4 to $4.79-1/4.

Published 05 Jan, 2021 01:07pm

Markets

Soy rally extends into 2021 on South America supply fears; corn ends mixed

Grain markets have been sensitive to any risks over South American supply as strong Chinese import demand has already absorbed much available soy and corn on the world market.

Published 05 Jan, 2021 11:25am

Markets

CBOT soybeans slide on weak exports, Argentine labor talks

CBOT March soymeal ended $1.40 lower at $412.70 per short ton, while March soyoil fell 0.08 cent to 41.05 cents per lb.

Published 29 Dec, 2020 01:05am

Markets

CBOT wheat slips as U.S. crop prospects improve

Russia has downgraded its 2020/21 wheat exports estimate to 36.3 million tonnes from 40.8 million tonnes due to an upcoming wheat export tax.

Published 29 Dec, 2020 01:03am

Markets

CBOT corn may retest resistance at $4.49-1/2

Support is at $4.46-3/4, a break below which could cause a fall into the $4.43-3/4 to $4.45-1/2 range.

Published 24 Dec, 2020 09:46am

Markets

CBOT wheat may retest resistance at $6.31-1/2

Support is at $6.25-1/2, a break below which could cause a fall to $6.22.

Published 24 Dec, 2020 09:41am

Markets

CBOT wheat lifts amid export market uncertainty

Russia will more than double its output of durum wheat, used in the production of pasta and couscous, to 1.8 million tonnes by 2025, its agriculture ministry said.

Published 24 Dec, 2020 03:20am

Markets

Soybeans gain as South American supply falters

Wheat and corn followed soybeans, supported by Argentina's export woes and concerns over prolonged dryness for developing South American crops.

Published 24 Dec, 2020 03:13am

Markets

CBOT soybeans neutral in $12.38-1/4 to $12.51 range

The contract is consolidating within a wedge, which looks like a bullish continuation pattern. However, a target of $12.61 will only be established when the contract breaks $12.51.

Published 23 Dec, 2020 09:53am

Markets

CBOT corn still targets $4.45-1/2 to $4.47-3/4 range

Support is at $4.41-1/2, a break below which could cause a fall to $4.39.

Published 23 Dec, 2020 09:43am

Markets

CBOT wheat may retest resistance at $6.18-1/2

Support is at $6.09-1/4, a break below which could cause a fall into $6.02-1/2 to $6.06 range.

Published 23 Dec, 2020 09:38am

Markets

CBOT wheat lifts amid export market uncertainty

CBOT March soft red winter wheat settled up 5-3/4 cents at $6.17 per bushel.

Published 23 Dec, 2020 01:19am

Markets

CBOT soybeans may rise into $12.56-$12.61 range

Support is at $12.47-1/2, a break below which could cause a fall to $12.42-1/2.

Published 22 Dec, 2020 09:51am

Markets

CBOT corn may rise into $4.45-1/2 to $4.47-3/4 range

Chances are it may extend into the target zone, following the deep correction on Monday.

Published 22 Dec, 2020 09:49am

Markets

Palm oil jumps over 1% as rival oils gain

Soyoil on the CBOT rallied overnight to reach six-and-a-half-year highs, as prolonged worker strikes and dry weather in Argentina squeezed global supply prospects.

Published 22 Dec, 2020 09:29am

Markets

CBOT corn may rise into $4.41-1/2 to $4.43 range

The resistance is identified as the 176.4% projection level of an upward wave 3 from $4.20-1/2. This wave is expected to travel into a range of $4.45-1/2 to $4.47-3/4.

Published 21 Dec, 2020 09:28am

Markets

CBOT wheat may retest support at $6.05

The third wave labelled c is expected to travel into a range of $5.99-1/4 to $6.02-1/4. A break above $6.11 could lead to a gain into $6.14-3/4 to $6.18 range.

Published 21 Dec, 2020 09:13am

Markets

CBOT corn ends lower for 4th straight session on mild US weather

CBOT September corn settled down 4-1/2 cents at $3.15-1/2 per bushel and most-active December corn fell 3-3/4 cents to settle at $3.26-1/4 after hitting $3.26.
The US Energy Information Administration said weekly production of corn-based ethanol rose in the latest week to 958,000 barrels per day.

Published 30 Jul, 2020 01:02am

Markets

CBOT wheat ends higher on bargain buying, dollar weakness

CBOT September soft red winter wheat settled up 9-1/4 cents at $5.32-3/4 per bushel, a day after hitting a one-week low at $5.19-1/4.
The US dollar index fell to a two-year low as the Federal Reserve affirmed its commitment to holding rates near zero.

Published 30 Jul, 2020 12:51am

Markets

Corn to 1-month low, soy futures dip on US crop prospects

Chicago Board of Trade December corn settled down 4-1/2 cents at $3.30 per bushel after dipping to $3.29, the contract's lowest since June 29.
The US Department of Agriculture late Monday rated 72% of the US corn and soybean crops in good to excellent condition.

Published 29 Jul, 2020 01:26am

Markets

CBOT soybeans gain on renewed US sales to China

CBOT August soybean futures settled up 7 cents at $9.06-1/4 per bushel, while November soybean futures added 4-1/2 cents to $9.00 per bushel.
Private exporters reported the sale of 132,000 tonnes of soybeans to China, the US Department of Agriculture said on Thursday.

Published 24 Jul, 2020 01:49am

Markets

CBOT corn edges higher as demand hopes outweigh US crop conditions

CBOT September corn settled up 1/2 cent at $3.28 per bushel and new-crop December ended up 3/4 cent at $3.35-1/2 per bushel.
Total corn export sales of 2.548 million tonnes were the biggest since March 2018 and in line with market forecasts that ranged from 1.9 million tonnes to 4.0 million tonnes.

Published 24 Jul, 2020 12:20am

Markets

CBOT corn ends higher on US export optimism

CBOT September corn settled up 4-3/4 cents at $3.27-1/2 per bushel and new-crop December ended up 4 cents at $3.34-3/4 per bushel.
Private exporters reported the sale of 207,880 metric tonnes of corn to unknown destinations, according to the US Department of Agriculture.

Published 23 Jul, 2020 12:45am

Markets

CBOT soybeans trim on improved crop outlook

CBOT August soybean futures settled down 6-1/2 cents at $8.96-1/2 per bushel and most-active November ended down 7 cents at $8.93 per bushel.
China booked 126,000 tonnes of US soybeans for delivery in the 2020/21 marketing year, according to the USDA.

Published 22 Jul, 2020 12:47am

Markets

CBOT corn ends down on improved crop conditions

CBOT September corn settled down 5-3/4 cents at $3.22-3/4 per bushel and new-crop December ended down 5 cents at $3.30-3/4 per bushel.
The crop was 59% silking, up from 29% a week ago and the five-year average of 54%, according to the USDA.

Published 22 Jul, 2020 12:46am

Markets

CBOT wheat ends down on stronger US dollar

CBOT September soft red winter wheat settled down 12-3/4 cents at $5.22 per bushel.
Winter wheat harvest is expected to be 79% complete, up from 68% a week earlier. Estimates ranged from 75% to 85%.

Published 21 Jul, 2020 12:04am

Business & Finance

Corn, soybeans up 2-3 cents; wheat up 1-3 cents

Technical buying, end-of-week short-covering expected in wheat market.
Recent Chinese purchases of US corn also supportive.
Signs of rising Chinese demand for US soybeans prices.

Published 17 Jul, 2020 07:47pm

Markets

Corn steady-up 1 cent, soy mixed; wheat steady-down 1

Wheat flat to slightly lower, consolidating after last week's multi-month lows. Rallies capped by ample global supplies and seasonal pressure from the ongoing US winter wheat harvest.
CBOT July corn last traded up 1/2 cent at $3.25-1/2 per bushel.

Published 24 Jun, 2020 06:59pm

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 22 Aisha Steel(ConPS)(ASLPS)	10.17 ▲ 1.00 (10.91%)
First Elite Cap.Mod / Sep 22 First Elite Capital Modaraba(FECM)	3.20 ▲ 0.30 (10.34%)
HBL Invest Fund / Sep 22 HBL Investment Fund(HIFA)	1.65 ▲ 0.14 (9.27%)
Power Cem(Pref) / Sep 22 Power Cement (Pref)(POWERPS)	6 ▲ 0.50 (9.09%)
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	3.87 ▲ 0.29 (8.10%)
Pak Paper Prod / Sep 22 Pakistan Paper Products Limited(PPP)	44.53 ▲ 3.11 (7.51%)
Arpak Int. / Sep 22 Arpak International Investments Ltd.(ARPAK)	64.50 ▲ 4.50 (7.50%)
Pak Hotels / Sep 22 Pakistan Hotels Developers Limited(PHDL)	190.41 ▲ 13.28 (7.50%)
P.N.S.C / Sep 22 Pakistan National Shipping Corporation(PNSC)	159.67 ▲ 11.14 (7.50%)
Premium Textile / Sep 22 Premium Textile Mills Limited(PRET)	406.46 ▲ 28.36 (7.50%)

Stock	Price
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	0.13 ▼ -0.12 (-48.00%)
Trust Mod. / Sep 22 Trust Modaraba(TRSM)	1.25 ▼ -0.18 (-12.59%)
Jubilee Spinning / Sep 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.70 ▼ -0.60 (-11.32%)
Redco Textile / Sep 22 Redco Textiles Limited(REDCO)	5.65 ▼ -0.62 (-9.89%)
Equity Modaraba / Sep 22 First Equity Modaraba(FEM)	3 ▼ -0.30 (-9.09%)
AKD Hospitality / Sep 22 AKD Hospitality Limited(AKDHL)	126.37 ▼ -10.25 (-7.50%)
Dadex Eternit / Sep 22 Dadex Eternit Limited(DADX)	36.76 ▼ -2.98 (-7.50%)
JS Global Cap. / Sep 22 JS Global Capital Limited(JSGCL)	149.05 ▼ -12.08 (-7.50%)
Gammon Pak / Sep 22 Gammon Pakistan Limited(GAMON)	6.45 ▼ -0.37 (-5.43%)
Unilever Foods / Sep 22 Unilever Pakistan Foods Limited(UPFL)	20100 ▼ -1155.00 (-5.43%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	24,002,721 ▼ -0.12
Treet Corp / Sep 22 Treet Corporation Limited(TREET)	17,803,918 ▼ -0.08
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,196,347 ▲ 1.55
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,263 ▲ 0.01
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,775,527 ▲ 0.72
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,691,541 ▲ 1.22
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	6,149,595 ▲ 0.90
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,004,040 ▲ 1.05
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	4,581,000 ▲ 0.29
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,030,395 ▲ 0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 21	292.95
USD PKR Interbank Buying / Sep 21	292.75
USD to Japanese Yen / Sep 21	147.57
USD to Swiss Franc / Sep 21	0.90
Pound Sterling to USD / Sep 21	1.23
Euro to USD / Sep 21	1.07
UK LIBOR % / Sep 20	5.44

Stock	Volume
S&P 500 / Sep 21	4330
India Sensex / Sep 21	66230.24
Tokyo Nikkei / Sep 21	32571.03
Nasdaq / Sep 21	13223.98
Hang Seng / Sep 21	17655.41
FTSE 100 / Sep 21	7678.62
Dow Jones / Sep 21	34070.42
Germany DAX 30 / Sep 21	15571.86
France CAC40 / Sep 21	7213.90

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 20	19235
Gold 10 Grams PKR / Sep 20	186820
Crude Oil USD/Barrel / Sep 21	89.63
Gold Spot USD/Ounce / Sep 21	1920.08
Cotton US¢/pound / Sep 21	86.47

Calculate your monthly liability in FY24

CBOT

Most Popular Articles