Trends - Corn - Business Recorder

Corn

South Korea's NOFI tenders to buy up to 276,000 tonnes corn

The tender also closes on Thursday, May 6, they said.

Published 06 May, 2021 12:02pm

Markets

U.S. Cash Grains-Soy bids steady/firm at processors, steady/weak at elevators

For corn, bids were steady to weak at processors and elevators and unchanged along rivers.

Published 04 May, 2021 12:07pm

Markets

Palm oil may retreat into 3,967-4,010 ringgit range

The shallow correction on the hourly chart will be a basic preparation for breaking a resistance at 4,131 ringgit.

Published 04 May, 2021 11:59am

Markets

Funds unexpectedly sell CBOT corn as end users face unpleasant price tag

FORT COLLINS, (Colo): Speculators were expected last week to have gone on a record buying spree in Chicago corn, but...

Published 04 May, 2021 04:26am

Markets

SovEcon sees record high 2021 wheat, corn harvest in Ukraine

KYIV: Agricultural markets research firm SovEcon on Monday revised up its forecast for Ukraine’s 2021 wheat crop ...

Published 04 May, 2021 04:26am

Markets

US MIDDAY: Corn hits 8-year high

CHICAGO: Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for...

Published 04 May, 2021 04:26am

Markets

Corn hits 8-year high as dry weather in Brazil raises supply concerns

Large speculators cut their net long position in CBOT corn futures in the week to April 27, regulatory data released on Friday showed.

Published 03 May, 2021 12:22pm

Markets

US oil may fall to $62.33

A retracement analysis reveals that oil has pierced below a support at $63.53. Chances are it may drop to $62.33.

Published 03 May, 2021 12:19pm

Markets

Palm oil may rise into 3,967-4,010 ringgit range

A break below 3,855 ringgit could open the way towards the zone of 3,743-3,805 ringgit.

Published 03 May, 2021 12:18pm

Markets

Palm reverses gains on cheaper rivals, lower Indian demand fears

However, higher palm oil exports from both Malaysia and Indonesia provided some cushion to the weakness.

Published 30 Apr, 2021 11:22am

Markets

London copper snaps five-session rally ahead of holidays

The most-traded June copper contract on the Shanghai Futures Exchange fell 0.9% to 71,660 yuan ($11,076.76) a tonne, after touching a 10-year peak of 73,060 yuan earlier in the session.

Published 30 Apr, 2021 11:14am

Markets

Taiwan’s MFIG tenders to buy up to 65,000 tonnes of corn

HAMBURG: Taiwan’s MFIG purchasing group has issued an international tender to buy up to 65,000 tonnes of animal...

Published 30 Apr, 2021 05:06am

Markets

High prices nibble at corn’s sway as Asian feed buyers switch to wheat

SINGAPORE: Asian feed manufacturers are switching to wheat in animal rations as multi-year high corn prices ...

Published 29 Apr, 2021 03:52am

Markets

Palm oil may rise into 4,130-4,231 ringgit range

Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.

Published 28 Apr, 2021 10:43am

Markets

US MIDDAY: Corn, wheat hit 8-year highs

CHICAGO: Chicago corn, wheat and soyabean futures extended a rally on Tuesday to eight-year highs, supported by corn...

Published 28 Apr, 2021 03:18am

Markets

Taiwan's MFIG tenders to buy up to 65,000 tonnes corn

If sourced from the US Pacific Northwest coast or South Africa, shipment is sought between July 24 and Aug. 12.

Published 27 Apr, 2021 12:19pm

Markets

Palm oil may bounce again to 3,945 ringgit before falling

The drop could be limited to 3,698 ringgit.

Published 27 Apr, 2021 12:07pm

Markets

Palm oil may fall more to 3,859 ringgit

On the daily chart, a harami cross formed between April 22 and April 23, which is a bearish reversal signal.

Published 26 Apr, 2021 11:47am

Markets

Corn, soy ease ahead of weekend, after surge to multi-year highs

CBOT wheat drew underlying support from a weakening dollar , which tends to make U.S. grains more competitive on the export market.

Updated 23 Apr, 2021 11:45pm

Markets

Palm oil poised to break resistance at 4,028 ringgit

On the daily chart, the uptrend looks steady. It is riding on a wave C which is expected to travel into 4,301-4,576 ringgit range.

Published 23 Apr, 2021 11:36am

Markets

CBOT wheat poised to rise to $6.93

The resistance is strengthened by another one established by a falling trendline.

Published 22 Apr, 2021 01:03pm

Markets

Palm oil may test support at 3,844 ringgit

A break above 3,926 ringgit could lead to a gain to 4,028 ringgit.

Published 22 Apr, 2021 12:27pm

Markets

Ukraine’s grain exports down

KYIV: Ukraine’s grain exports have fallen by 23.1% to 37.5 million tonnes so far this season, which runs from July...

Published 22 Apr, 2021 03:55am

Markets

US MIDDAY: Corn, soya climb to multi-year highs

CHICAGO: US corn and soyabean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as...

Published 22 Apr, 2021 03:55am

Markets

Palm oil neutral in 3,761-3,844 ringgit range

A high-low bottom developing above a rising trendline has taken shape. It confirms a completion of the drop from 4,192 ringgit and the continuation of the uptrend.

Published 21 Apr, 2021 12:06pm

Markets

US MIDDAY: Corn tops $6 a bushel, soya at 7-year high

CHICAGO: US corn futures climbed to their highest in nearly eight years on Tuesday and soyabean futures neared a...

Published 21 Apr, 2021 03:21am

Markets

US oil may retest support at $62.62

A break above $63.88 could lead to a gain into $64.57-$65.75 range.

Published 20 Apr, 2021 11:39am

Markets

Palm oil may hover above 3,659 ringgit

The contract is presumed to be riding on a wave c, which is capable of travelling below 3,659 ringgit. This wave may end around 3,659 ringgit, if it is very weak.

Published 20 Apr, 2021 11:38am

Markets

Brent oil biased to revisit Monday low of $66.17

On the daily chart, the trend seems to be developing within a rising channel, which suggests a fall towards $62.91.

Published 20 Apr, 2021 11:36am

Markets

Corn and soya climb

CHICAGO: US corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty...

Published 20 Apr, 2021 03:59am

Gainers
Losers
Leaders

Stock	Price
Pak Gen. Ins. / May 6 The Pakistan General Insurance Co. Ltd.(PKGI)	3.50 ▲ 0.49 (16.28%)
United Ins. / May 6 The United Insurance Company(UNIC)	7.87 ▲ 1.00 (14.56%)
Sakrand Sugar / May 6 Sakrand Sugar Mills Limited(SKRS)	7.90 ▲ 1.00 (14.49%)
Jubilee Sp. / May 6 Jubille Spinning & Weaving Mills Limited(JUBS)	4.15 ▲ 0.44 (11.86%)
First Pak Modaraba / May 6 First Pak Modaraba(PAKMI)	2.39 ▲ 0.24 (11.16%)
PICIC Insurance / May 6 PICIC Insurance Limited(PIL)	1.38 ▲ 0.13 (10.40%)
Chakwal Spinng / May 6 Chakwal Spinning Mills Limited(CWSM)	1.97 ▲ 0.17 (9.44%)
First Fid. Leas. / May 6 First Fidelity Leasing Modaraba(FFLM)	3.25 ▲ 0.25 (8.33%)
Buxly / May 6 Buxly Paints Limited(BUXL)	49.45 ▲ 3.45 (7.50%)
Crescent Fib. / May 6 Crescent Fibres Limited(CFL)	54.34 ▲ 3.79 (7.50%)

Stock	Price
First Elite Cap. Mod. / May 6 First Elite Capital Modaraba(FECM)	3.13 ▲ -0.26 (-7.67%)
Bal. Wheel / May 6 Baluchistan Wheels Limited(BWHL)	78.35 ▲ -6.35 (-7.50%)
Gatron Ind. / May 6 Gatron (Industries) Limited(GATI)	498.58 ▲ -40.42 (-7.50%)
Ideal Sp. / May 6 Ideal Spinning Mills Limited(IDSM)	30.33 ▲ -2.45 (-7.47%)
Idrees Tex. / May 6 Idrees Textile Mills Limited(IDRT)	17.52 ▲ -1.41 (-7.45%)
IbrahimFibres / May 6 Ibrahim Fibres Limited(IBFL)	165.30 ▲ -12.70 (-7.13%)
Habib Metro Mod / May 6 Habib Metro Modaraba(HMM)	5.61 ▲ -0.43 (-7.12%)
Kohat Tex. / May 6 Kohat Textile Mills Limited(KOHTM)	15.52 ▲ -1.18 (-7.07%)
Mirpurkhas Sugar / May 6 Mirpurkhas Sugar Mills Limited(MIRKS)	93.00 ▲ -6.99 (-6.99%)
Pak. P.V.C. / May 6 Pakistan PVC Limited(PPVC)	4.50 ▲ -0.33 (-6.83%)

Stock	Volume
Worldcall / May 6 Worldcall Telecom Limited(WTL)	80,166,000 ▼ 0.00
TRG Pakistan / May 6 TRG Pakistan Limited(TRG)	14,358,170 ▼ 0.00
Telecard Ltd. / May 6 Telecard Limited(TELE)	12,662,000 ▼ 0.00
Unity Foods / May 6 Unity Foods Limited(UNITY)	10,917,761 ▼ 0.00
Ghani Global Hold. / May 6 Ghani Global Holdings Limited(GGL)	10,567,000 ▼ 0.00
Hum Network / May 6 Hum Network Limited(HUMNL)	9,603,500 ▼ 0.00
Aisha Steel / May 6 Aisha Steel Mills Limited(ASL)	7,338,000 ▼ 0.00
Waves Singer (R) / May 6 Waves Singer Pakistan Limited (R)(WAVESR1)	6,701,000 ▼ 0.00
Kot Addu / May 6 Kot Addu Power Company Limited(KAPCO)	6,266,500 ▼ 0.00
Dost Steel / May 6 Dost Steels Limited(DSL)	3,060,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 5	153.10
USD PKR Interbank Buying / May 5	153.00
USD to Japanese Yen / May 5	109.20
USD to Swiss Franc / May 5	0.91
Pound Sterling to USD / May 5	1.39
Euro to USD / May 5	1.20
UK LIBOR % / May 5	0.06

Stock	Volume
S&P 500 / May 5	4167.59
India Sensex / May 5	48677.55
Tokyo Nikkei / May 5	28812.63
Nasdaq / May 5	13582.43
Hang Seng / May 5	28417.98
FTSE 100 / May 5	7039.30
Dow Jones / May 5	34230.34
Germany DAX 30 / May 5	15170.78
France CAC40 / May 5	6339.47

Item	Value
Crude Oil / May 5	65.63
Karachi Cotton Assoc. / May 5	11300.00
Gold 10 Grams / May 5	89163.00
Gold Spot / May 5	1784.30
Cotton / May 5	87.33

Corn

South Korea's NOFI tenders to buy up to 276,000 tonnes corn

U.S. Cash Grains-Soy bids steady/firm at processors, steady/weak at elevators

Palm oil may retreat into 3,967-4,010 ringgit range

Funds unexpectedly sell CBOT corn as end users face unpleasant price tag

SovEcon sees record high 2021 wheat, corn harvest in Ukraine

US MIDDAY: Corn hits 8-year high

Corn hits 8-year high as dry weather in Brazil raises supply concerns

US oil may fall to $62.33

Palm oil may rise into 3,967-4,010 ringgit range

Palm reverses gains on cheaper rivals, lower Indian demand fears

London copper snaps five-session rally ahead of holidays

Taiwan’s MFIG tenders to buy up to 65,000 tonnes of corn

High prices nibble at corn’s sway as Asian feed buyers switch to wheat

Palm oil may rise into 4,130-4,231 ringgit range

US MIDDAY: Corn, wheat hit 8-year highs

Taiwan's MFIG tenders to buy up to 65,000 tonnes corn

Palm oil may bounce again to 3,945 ringgit before falling

Palm oil may fall more to 3,859 ringgit

Corn, soy ease ahead of weekend, after surge to multi-year highs

Palm oil poised to break resistance at 4,028 ringgit

CBOT wheat poised to rise to $6.93

Palm oil may test support at 3,844 ringgit

Ukraine’s grain exports down

US MIDDAY: Corn, soya climb to multi-year highs

Palm oil neutral in 3,761-3,844 ringgit range

US MIDDAY: Corn tops $6 a bushel, soya at 7-year high

US oil may retest support at $62.62

Palm oil may hover above 3,659 ringgit

Brent oil biased to revisit Monday low of $66.17

Corn and soya climb

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