Trends - Wheat - Business Recorder

Wheat

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

Markets

French wheat crops off to good start as sowing ends

Farmers had finished winter barley sowing, soft wheat seeding was 99pc complete and drilling of durum wheat was 85pc done, FranceAgriMer said.

Published 27 Nov, 2020 04:00pm

Markets

South Korea mill tenders for 45,000 tonnes Australian wheat

The tender also closes on Thursday, Nov. 26. Shipment is sought between Feb. 16 and March 15, 2021.

Published 26 Nov, 2020 04:47pm

Markets

Jordan makes no purchase in tender for 120,000 tonnes wheat

A new wheat tender is expected to be issued closing on Dec. 9 with shipment in 2021 in the full month of April or first half of May.

Published 25 Nov, 2020 07:11pm

Markets

Taiwan buys 82,220 tonnes wheat of U.S.-origin in tender

The wheat was bought in two consignments comprising various wheat types for shipment from the U.S. Pacific Northwest coast in January and February 2021.

Published 25 Nov, 2020 05:35pm

Markets

South Korean mills buy about 80,000 tonnes wheat from U.S.

The Taiwan Flour Millers' Association also purchased an estimated 82,220 tonnes of milling wheat to be sourced from the United States in a tender which closed on Wednesday, European traders said.

Published 25 Nov, 2020 04:28pm

Markets

Thailand buyer purchases 60,000 T feed wheat, 79,000 T barley

The barley purchase involved one consignment for February 2021, shipment bought from Cofco and one for March 2021, shipment from ADM, traders said.

Published 25 Nov, 2020 04:24pm

Pakistan

Prices of sugar, wheat flour witness significant decline in last ten days due to govt's measures, strategy: Ministers

He said that as there was shortage in wheat production due untimely rains and bad weather conditions, wheat was being imported to overcome the deficiency of around 2.2 million metric tons.

Published 24 Nov, 2020 08:39pm

Markets

CBOT wheat may test support at $5.90

The contract failed three times to break a resistance at $6.02-1/2, the 50pc projection level of a downward wave (c) from $6.26-1/4.

Published 24 Nov, 2020 04:37pm

Markets

Thailand tenders for feed wheat and feed barley

Wheat shipment is sought in various possibilities in January, February and March 2021.

Published 24 Nov, 2020 04:06pm

Markets

Saudi SAGO says local wheat season ended with 385,635 tonnes purchased

Saudi Arabia's grains organisation (SAGO) said on Monday it bought a total of 385,635 tonnes of local wheat at the close of the season, according to a post on its Twitter account.

Published 23 Nov, 2020 05:31pm

Markets

Russian wheat prices down after two weeks of growth

Sovecon, another agriculture consultancy in Moscow, said wheat fell by $1 to $253, while barley remained at $215 a tonne.

Published 23 Nov, 2020 05:20pm

Markets

Tunisia tenders to buy durum, soft wheat and barley

In its last reported tender on Nov. 3, Tunisia's state grains agency purchased about 50,000 tonnes of soft milling wheat and 50,000 tonnes of animal feed barley.

Published 23 Nov, 2020 04:43pm

Business & Finance

Flour rates decline with the arrival of imported wheat

The Economic Coordination Committee (ECC) of the Cabinet allowed the Trading Corporation of Pakistan to import 1.50 MMT of wheat on 4th August, 2020.

Published 20 Nov, 2020 10:47am

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

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

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

NAB Sukkur recovers 60,000 wheat bags

The NAB team in the presence of the respective civil and judicial magistrates had also sealed the godowns.

Updated 27 Oct, 2020 02:55pm

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

Pakistan

Govt fixes wheat production target at 26.78 million tons

The meeting was informed that sufficient amount of soil moisture was available for sowing of Rabi crops.

Updated 22 Oct, 2020 09:54pm

Markets

CBOT wheat may rise to $6.47

The resistance is identified as the 186.4pc projection level of the wave C from $4.97.

Published 19 Oct, 2020 05:10pm

Markets

South Korea's NOFI bought 60,000 tonnes feed wheat in private deal

Price was estimated at $265.69 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading.

Published 19 Oct, 2020 04:14pm

Markets

South Korea's MFG buys about 65,000 tonnes US feed wheat

The group made the purchase at an estimated $268.40 a tonne c&f including a surcharge for additional port unloading.

Published 16 Oct, 2020 04:47pm

Markets

French soft wheat sowing 12pc complete by Oct.12, maize harvest at 64pc

For winter barley, farmers had sown 17pc of the expected area by Oct.12, compared with 5pc a week earlier and 32pc by the same time last year.

Published 16 Oct, 2020 04:30pm

Markets

Strategie Grains lifts 2020/21 EU wheat exports, cuts maize crop

In a monthly report, it forecast 2020/2121 exports outside the EU and Britain at 25.0 million tonnes, up from 23.0 million seen in September.

Published 15 Oct, 2020 04:54pm

Markets

Jordan issues new tender to buy 120,000 tonnes of wheat

Shipment is sought in a series of possible combinations in 60,000 tonne consignments.

Published 15 Oct, 2020 04:43pm

Business & Finance

Jordan gets 2 participants in 120,000 tonne wheat tender

No purchase has yet been made and results are expected later on Wednesday, traders said.

Published 14 Oct, 2020 05:55pm

Markets

Thailand said to make no purchase in feed wheat, barley tender

The feed wheat was sought from worldwide optional origins and the barley was sought from Australia. Shipment was in sought in various possibilities between November 2020 and March 2021.

Published 14 Oct, 2020 05:27pm

Pakistan

Sindh cabinet approve release of wheat from Oct 16 at Rs 3687.50 price per 100 kg bag

The chief minister said that the atta price has to be brought down because wheat was available in the market.

Published 14 Oct, 2020 12:40am

Pakistan

Sindh cabinet approves release of wheat from Oct 16 at Rs3687.50 price per 100 kg bag

The meeting was held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah here at CM House on Tuesday, according to a communiqué.

Published 13 Oct, 2020 08:46pm

Gainers
Losers
Leaders

Stock	Price
First Pak Modaraba / Nov 30 First Pak Modaraba(PAKMI)	1.7500 ▲ 0.15 (9.37%)
First Punjab Mod. / Nov 30 First Punjab Modaraba(FPJM)	2.6000 ▲ 0.20 (8.33%)
Zephyr Tex / Nov 30 Zephyr Textiles Limited(ZTL)	11.0000 ▲ 0.65 (6.28%)
P. Datacom / Nov 30 Pak Datacom Limited(PAKD)	57.0000 ▲ 3.60 (3.82%)
Synthetic Products (R) / Nov 30 Synthetic Products Limited (R)(SPELR)	9.3100 ▲ 0.31 (3.33%)
Ravi Textile / Nov 30 Ravi Textile Mills Limited(RAVT)	7.1000 ▲ 1.20 (2.38%)
Kohinoor Sp. / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	4.0115 ▲ 0.51 (2.29%)
Sally Tex. / Nov 30 Sally Textile Mills Limited(SLYT)	4.2500 ▲ 0.09 (2.16%)
National Refinery / Nov 30 National Refinery Limited(NRL)	182.9950 ▲ 19.00 (1.86%)
Bestway Cem. / Nov 30 Bestway Cement Limited(BWCL)	153.1000 ▲ 2.60 (1.73%)

Stock	Price
Al-Mali / Nov 30 Modaraba Al-Mali(MODAM)	4.9000 ▼ 0.89 (-18.16%)
EFU Life Assur. / Nov 30 EFU Life Assurance Limited(EFUL)	200.0000 ▼ 0.00 (-9.25%)
Jahangir Sid. Co. / Nov 30 Jahangir Siddiqui & Co. Ltd.(JSCL)	26.6674 ▼ 3.67 (-8.38%)
Escorts Bank / Nov 30 Escorts Investment Bank Limited(ESBL)	10.0900 ▼ 0.89 (-7.48%)
Crescent Star / Nov 30 Crescent Star Insurance Limited(CSIL)	2.7000 ▼ 0.20 (-7.41%)
Hum Network / Nov 30 Hum Network Limited(HUMNL)	7.0367 ▼ 1.03 (-6.92%)
First Prud Mod. / Nov 30 First Prudential Modaraba(PMI)	1.2800 ▼ 0.08 (-6.25%)
Service Fab. / Nov 30 Service Fabrics Limited(SERF)	20.2450 ▼ 1.77 (-6.06%)
Imperial Ltd / Nov 30 Imperial Limited(IML)	15.7500 ▼ 0.94 (-5.97%)
Service Tex. / Nov 30 Service Industries Textiles Limited(SERT)	17.4500 ▼ 1.03 (-5.90%)

Stock	Volume
Hum Network / Nov 30 Hum Network Limited(HUMNL)	63,381,500 ▼ 1.03
Unity Foods / Nov 30 Unity Foods Limited(UNITY)	24,898,500 ▼ 0.94
TRG Pak. / Nov 30 TRG Pakistan Limited(TRG)	22,762,500 ▼ 8.93
TPL Corp / Nov 30 TPL Corp Limited(TPL)	12,645,500 ▼ 0.44
K-Electric Ltd / Nov 30 K-Electric Limited(KEL)	11,975,000 ▼ 0.19
Pakistan Refinery / Nov 30 Pakistan Refinery Limited(PRL)	9,142,000 ▼ 0.99
Fauji Fert. Bin (R) / Nov 30 Fauji Fertilizer Bin Qasim Limited (R)(FFBLR)	8,892,000 ▼ 0.72
Maple Leaf / Nov 30 Maple Leaf Cement Factory Limited(MLCF)	8,657,077 ▼ 1.18
Hascol Petroleum / Nov 30 Hascol Petroleum Limited(HASCOL)	8,449,878 ▼ 0.58
Worldcall / Nov 30 Worldcall Telecom Limited(WTL)	8,126,500 ▼ 0.07

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Nov 28	159.50
USD PKR Interbank Buying / Nov 28	159.35
USD to Japanese Yen / Nov 28	104.09
USD to Swiss Franc / Nov 28	0.91
Pound Sterling to USD / Nov 28	1.33
Euro to USD / Nov 28	1.20

Stock	Volume
S&P 500 / Nov 28	3638.35
India Sensex / Nov 28	44149.72
Tokyo Nikkei / Nov 28	26644.71
Nasdaq / Nov 28	12205.85
Hang Seng / Nov 28	26894.68
FTSE 100 / Nov 28	6367.58
Dow Jones / Nov 28	29910.37
Germany DAX 30 / Nov 28	13335.68
France CAC40 / Nov 28	5598.18

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Nov 27	20085.60
GDPGROWTH / Nov 27	1.00
Foreign Debt (PKR billions) / Nov 27	17000.00
Average CPI % / Nov 27	11.11
UK LIBOR % / Nov 28	0.08

Wheat

CBOT wheat lifts on strong export demand

French wheat crops off to good start as sowing ends

South Korea mill tenders for 45,000 tonnes Australian wheat

Jordan makes no purchase in tender for 120,000 tonnes wheat

Taiwan buys 82,220 tonnes wheat of U.S.-origin in tender

South Korean mills buy about 80,000 tonnes wheat from U.S.

Thailand buyer purchases 60,000 T feed wheat, 79,000 T barley

Prices of sugar, wheat flour witness significant decline in last ten days due to govt's measures, strategy: Ministers

CBOT wheat may test support at $5.90

Thailand tenders for feed wheat and feed barley

Saudi SAGO says local wheat season ended with 385,635 tonnes purchased

Russian wheat prices down after two weeks of growth

Tunisia tenders to buy durum, soft wheat and barley

Flour rates decline with the arrival of imported wheat

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

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

Ships carrying wheat, sugar arrive in Pakistan

NAB Sukkur recovers 60,000 wheat bags

Pakistan tenders to buy 320,000 tonnes of wheat

Govt fixes wheat production target at 26.78 million tons

CBOT wheat may rise to $6.47

South Korea's NOFI bought 60,000 tonnes feed wheat in private deal

South Korea's MFG buys about 65,000 tonnes US feed wheat

French soft wheat sowing 12pc complete by Oct.12, maize harvest at 64pc

Strategie Grains lifts 2020/21 EU wheat exports, cuts maize crop

Jordan issues new tender to buy 120,000 tonnes of wheat

Jordan gets 2 participants in 120,000 tonne wheat tender

Thailand said to make no purchase in feed wheat, barley tender

Sindh cabinet approve release of wheat from Oct 16 at Rs 3687.50 price per 100 kg bag

Sindh cabinet approves release of wheat from Oct 16 at Rs3687.50 price per 100 kg bag

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