Trends - Corn - Business Recorder

Corn

CBOT corn hits 6-year high

CHICAGO: Chicago Board of Trade corn futures ended higher on Wednesday, with the front two contracts at times rising...

Updated 08 Jan, 2021 03:15am

Markets

Prices ease after Argentina-fuelled rally as US data awaited

Corn, soybeans fall after latest 6-1/2 year highs on Wednesday.
Wheat eases further from 6-year top, firm dollar weighs.

Published 07 Jan, 2021 06:24pm

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

Soybeans, corn near 6-1/2 year highs on LatAm supply worry

Soybeans up on Brazilian crop concerns.
Worry about dry Argentine weather.
Weaker dollar supports grains and soy.

Published 05 Jan, 2021 07:06pm

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

Soy up 30-35 cents, corn up 7-9 cents, wheat up 2-3 cents

Strength in corn supportive to wheat futures but profit-taking noted as most-active contract hit fresh six-year peak during the overnight trading session.
Corn futures expected to rally for the 15th day in a row as most-active contract hit highest in 6-1/2 years overnight

Published 04 Jan, 2021 08:55pm

Markets

Soybeans, corn start 2021 on strong note; prices at 6-1/2 year top

The move triggered more buying in a futures market already on edge due to crop-threatening South American weather amid robust demand and tightening global corn and soybean supplies.

Published 04 Jan, 2021 09:54am

Markets

Soybeans up 10-16 cents, corn up 2-6, wheat down 1-3

Precipitation across the US Plains seen improving winter wheat crop prospects after early-season dryness.
Corn up for the 14th straight session at a 6-1/2 year high on strong demand and tighter global supplies.

Published 31 Dec, 2020 07:43pm

Markets

Argentina suspends corn exports to ensure domestic food supplies

The South American grains powerhouse is a major international corn, soybean and wheat supplier as well as the world's top exports of soymeal livestock feed.

Published 31 Dec, 2020 01:14am

Markets

Taiwan buys 82,325 tonnes wheat of US-origin in tender

The wheat was bought in two consignments comprising various wheat.

Published 30 Dec, 2020 12:20pm

Markets

Wheat, corn down 0-2 cents, soybeans down 3-5 cents

Wheat futures near even after two days of losses that trimmed recent highs.
Corn fell after 11 days of gains, as increased rainfall in Brazil and Argentina strengthens crop prospects and eases global supply concerns.

Published 29 Dec, 2020 07:36pm

Markets

Soybeans end lower on progress in Argentine labor talks

Corn, meanwhile, was supported by strong weekly exports and new sales of nearly 150,000 tonnes to unknown destinations. For the week, nearly 994,000 tonnes of corn was exported, above trade expectations.

Published 29 Dec, 2020 10:53am

Markets

CBOT corn adds on export strength

The most-active corn futures contract ended 5-1/2 cents higher at $4.56-1/2 per bushel, the highest for a most-active contract since July 15, 2019.

Published 29 Dec, 2020 01:11am

Markets

Soybeans up 2-4 cents, corn up 0-2 cents, wheat down 6-9 cents

Wheat futures trimmed lower as profit taking tempered recent two-month highs, though the global supply picture added support.
Corn inched higher for the eleventh day of positive trading, reaching new 18-month highs.

Published 28 Dec, 2020 07:56pm

Markets

Taiwan tenders for 82,325 tonnes wheat of US-origin

The tender seeks a range of different wheat types in two consignments for shipment in 2021 from the US Pacific Northwest coast.

Published 28 Dec, 2020 11:37am

Markets

Soybeans climb to 6-1/2-year high on strong demand, supply woes

Argentina's 2020/21 soybean planting area could turn out to be smaller than the projected 17.2 million hectares due to unusually dry weather, the Buenos Aires Grains Exchange said in its weekly crop report on Wednesday.

Published 28 Dec, 2020 09:11am

Markets

Soybeans up 9-11 cents, wheat, corn up 0-2 cents

Overnight, CBOT March wheat reached $6.33-3/4 cents per Bushel, its highest since October 23.
CBOT March corn was last unchanged at $4.47-1/2 per bushel.

Updated 24 Dec, 2020 07:12pm

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

NY coffee may rise towards $1.2665

The uptrend from $1.2040 looks incomplete. It seems to have adopted an impulsive wave mode. A small triangle is contracting to a point. It is a bullish continuation pattern.

Published 24 Dec, 2020 09:37am

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

Palm oil may test support at 3,381 ringgit

A break above 3,426 ringgit may lead to a gain to 3,474 ringgit.

Published 23 Dec, 2020 10:28am

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

NY coffee may fall to $1.2235

8 A realistic target will be $1.2235, the 23.6% retracement. A break above $1.2450 could lead to a gain into $1.2545-$1.2665 range.

Published 22 Dec, 2020 12:04pm

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

Brent oil may seek support in $51.05-$51.24 zone

It is too early to confirm a reversal of the uptrend, simply based on the drop from the Dec. 18 high of $52.48. Resistance is at $51.83, a break above which could lead to a gain to $52.15.

Published 21 Dec, 2020 10:14am

Markets

Palm oil may retest resistance at 3,474 ringgit

Support is at 3,426 ringgit, a break below which could cause a fall into the 3,348-3,381 ringgit range.

Published 21 Dec, 2020 10:05am

Markets

CBOT soybeans may test resistance at $12.34

Support is at $12.25-3/4, a break below which could cause a fall to $12.15-3/4.

Published 21 Dec, 2020 09:46am

Markets

Soybeans hit more than six-year high on global supply concerns

Markets were concerned about dry weather in South America that could curtail soybean and corn production.

Published 21 Dec, 2020 09:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Corn

Most Popular