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Wheat

CBOT wheat lifts on strong export demand

CBOT wheat lifts on strong export demand

  • CBOT March soft red winter wheat settled up 9-1/2 cents at $6.06 per bushel.
  • For the week, CBOT's most-active wheat added 6 cents for a second consecutive week of gains.
Published 27 Nov, 2020 11:57pm
Soy, wheat down 4-6 cents; corn down 3-5 cents
Markets

Soy, wheat down 4-6 cents; corn down 3-5 cents

  • Wheat lower overnight, with the market focused on rising competition in the export market.
  • Corn lower overnight on technical selling after futures reached their highest since July 2019 on Wednesday.
Published 12 Nov, 2020 07:18pm
Commission cuts EU-27 maize crop estimate to 60mn tonne
Markets

Commission cuts EU-27 maize crop estimate to 60mn tonne

  • A hot, dry summer in some major grain growing areas in the bloc lead several forecasters to severely reduce their estimates for crops such as maize (corn).
  • The EU executive left unchanged its forecast for EU-27 exports of common wheat, or soft wheat.
Published 31 Oct, 2020 05:38pm
Ships carrying wheat, sugar arrive in Pakistan
Business & Finance

Ships carrying wheat, sugar arrive in Pakistan

  • Pakistan is facing some 2.5 to 3 million metric tons shortage of wheat due to lower crop output during this season. Initially, the federal government allowed duty-free import of 3 million tons of the commodity including 1.5 million tons through TCP and the same quantity allocated to the private sector.
Published 31 Oct, 2020 11:39am
Pakistan tenders to buy 320,000 tonnes of wheat
Pakistan

Pakistan tenders to buy 320,000 tonnes of wheat

  • The wheat can be supplied from optional origins and shipment must be organised so that all the grain arrives in Pakistan by Jan. 31, 2021.
  • The TCP has regularly bought wheat in the global market in past weeks, aiming to improve local supplies and cool prices.
Updated 26 Oct, 2020 08:29pm