Trends - Corn - Business Recorder

Corn

CBOT corn biased to test support at $6.25-1/2

SINGAPORE: CBOT May corn is biased to test a support at $6.25-1/2 per bushel, a break below which could open the way...

Published 24 Mar, 2023 12:22pm

Markets

CBOT corn may retest resistance at $6.38-1/2

SINGAPORE: CBOT May corn may retest a resistance at $6.38-1/2 per bushel, with a good chance of breaking above this...

Published 23 Mar, 2023 11:15am

Markets

CBOT corn biased to rise into $6.35-1/4 to $6.38-1/2 range

SINGAPORE: CBOT May corn is biased to break a resistance at $6.33-1/2 and rise into a range of $6.35-1/4 to...

Published 21 Mar, 2023 12:39pm

Markets

China’s US soy, corn imports jump in Jan-Feb

BEIJING: China’s soybean imports from the US rose 15.4% in the first two months of this year, data showed on Monday,...

Published 20 Mar, 2023 10:43am

Markets

CBOT corn to rise to $6.42-3/4

SINGAPORE: CBOT May corn is expected to rise to $6.42-3/4 per bushel, the peak of a wave 4. Following the completion...

Published 17 Mar, 2023 10:38am

Markets

CBOT corn still targets $6.33-1/2 to $6.38-1/2 range

SINGAPORE: CBOT May corn still targets a range of $6.33-1/2 to $6.38-1/2 per bushel, as suggested by its wave...

Published 16 Mar, 2023 12:33pm

Markets

Corn firms on strong Chinese demand, US banking crisis weighs

SINGAPORE: Chicago corn rose for a third consecutive session on Thursday, supported by strong Chinese demand and...

Published 16 Mar, 2023 10:58am

Markets

Wheat set for fourth week of losses on Russia-Ukraine deal optimism

SINGAPORE: Chicago wheat lost more ground on Friday with the market poised for its fourth week of decline on growing...

Published 12 Mar, 2023 05:55am

Markets

CBOT corn firm on technical bounce

CHICAGO: Chicago Board of Trade corn futures rose on Friday, supported by a round of speculative buying with traders...

Published 05 Mar, 2023 03:36am

Markets

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

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

Published 03 Mar, 2023 12:16pm

Markets

Asian buyers step up Indian corn imports as drought cuts Argentine crop

SINGAPORE: Feed millers in Asia are boosting corn purchases from India, as a severe drought has reduced production ...

Published 03 Mar, 2023 07:50am

Markets

CBOT corn may test support of $6.40-1/4

SINGAPORE: CBOT May corn may test a support of $6.40-1/4 per bushel, a break below could open the way towards...

Published 28 Feb, 2023 12:03pm

Markets

CBOT corn may retest support $6.48-1/4

SINGAPORE: CBOT May corn may retest a support of $6.48-1/4 per bushel, a break below which could be followed by a...

Published 27 Feb, 2023 12:49pm

Markets

Soil health, price volatility may hinder China’s GM corn efforts

NAPERVILLE, (Ill.): China, which plants more corn than any other country, has launched plans to begin sowing...

Published 26 Feb, 2023 03:27am

Markets

Corn edges higher, set for second weekly drop on US planting outlook

SINGAPORE: Chicago corn futures edged higher on Friday, recouping some of the last session’s deep losses, although...

Published 24 Feb, 2023 08:55am

Markets

Wheat near 2-week low on Black Sea competition, corn firms

SINGAPORE: Chicago wheat inched up on Thursday, but the market traded close to last session’s two-week low as a...

Published 23 Feb, 2023 08:57am

Markets

Corn near 1-week high on Argentina supply woes, soybeans firm

SINGAPORE: Chicago corn futures rose on Tuesday, climbing to their highest in almost one week, as the market was...

Published 21 Feb, 2023 11:27am

Markets

South Korea’s FLC bought 65,000 tonnes corn on Friday

HAMBURG: South Korea’s Feed Leaders Committee (FLC) purchased about 65,000 tonnes of animal feed corn in a private...

Published 20 Feb, 2023 12:21pm

Opinion

China rolls out GMO corn planting, starts small

China will likely plant less than 1% of its corn fields with genetically modified varieties this year, said two...

Published 17 Feb, 2023 06:00am

Markets

It’s the worst of times in Argentina’s drought-hit areas

CIGUENA/ROSARIO, (Argentina): In the Argentine town of Ciguena, rancher Andrés Betiger is fighting to keep his farm...

Published 17 Feb, 2023 06:00am

Markets

Wheat, corn ease after rally, Black Sea supply woes limit decline

SINGAPORE: Chicago wheat and corn futures slid for the first time in three sessions on Tuesday, although concerns...

Published 14 Feb, 2023 10:12am

Markets

Funds may have expanded bullish bets in CBOT soy, meal and corn

NAPERVILLE, (Ill.): Price strength since late January implies money managers may have increased or at least...

Published 14 Feb, 2023 05:58am

Markets

Wheat, corn in pullback after strong rises, Black Sea concern eases

HAMBURG: Chicago wheat and corn fell on Monday in a pullback after strong rises on Friday, as concerns eased about...

Published 13 Feb, 2023 07:02pm

Markets

US soybean, corn futures dip on lacklustre export data

US soybean and corn futures were slightly weaker in range-bound Asian trading on Friday and set for weekly losses as...

Published 10 Feb, 2023 10:49am

Markets

South Korea’s MFG buys 67,000 tonnes of corn

HAMBURG: South Korea’s Major Feedmill Group (MFG) has purchased an estimated 67,000 tonnes of animal feed corn to...

Published 10 Feb, 2023 03:56am

Markets

CBOT corn neutral in $6.73 to $6.79 range with downside bias

SINGAPORE: CBOT March corn remains neutral in a zone of $6.73 to $6.79 per bushel, and an escape could suggest a...

Published 09 Feb, 2023 12:54pm

Markets

Conab cuts forecast for Brazil’s corn crop output

SAO PAULO: Brazil’s food supply and statistics agency Conab on Wednesday cut its forecast for the country’s...

Published 09 Feb, 2023 06:02am

Markets

South Korea’s MFG buys estimated 138,000 tonnes of corn

HAMBURG: South Korea’s Major Feedmill Group (MFG) has purchased an estimated 138,000 tonnes of animal feed corn to...

Published 08 Feb, 2023 06:10am

Business & Finance

Staple commodities: Country can save $1.3bn annually by developing efficient storage system

LAHORE: Focus on developing an efficient storage system can help Pakistan save up to $1.3 billion annually in...

Published 02 Feb, 2023 06:12am

Markets

Ukraine grain exports down

KYIV: Ukraine has exported almost 26.3 million tonnes of grain so far in the 2022/23 season, down from the 37.9...

Published 31 Jan, 2023 06:01am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

Corn

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