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May 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

wheat crop

EU wheat extends rally

EU wheat extends rally

PARIS: Euronext wheat climbed further on Thursday, again buoyed by rising corn prices that raised the prospect of...
Published 08 May, 2021 03:30am
Paris wheat rises
Markets

Paris wheat rises

HAMBURG: Euronext wheat futures rose on Monday as worsening corn harvest prospects in Brazil continued to support...
Published 04 May, 2021 04:26am
Wheat steady-up 2 cents, corn mixed, soy up 9-10 cents
Markets

Wheat steady-up 2 cents, corn mixed, soy up 9-10 cents

  • The US Agriculture Department reported totaled wheat export sales for the week ended April 22 at 461,300 tonnes. Analysts' forecasts ranged from 200,000 to 750,000 tonnes.
  • Corn export sales totaled 1.075 million tonnes in the week ended April 22, USDA said. That was in line with analysts' forecasts that ranged from 500,000 tonnes to 1.6 million tonnes.
Published 29 Apr, 2021 08:26pm
Wheat down 3-6 cents, corn and soybeans down 4-8
Markets

Wheat down 3-6 cents, corn and soybeans down 4-8

  • CBOT May wheat reached a high of $7.15 a bushel on Thursday, the highest for a most-active contract since May 2014.
  • CBOT July corn peaked at $6.35 a bushel in overnight trading, the highest for a most-active contract since June 2013.
Published 23 Apr, 2021 06:35pm
IKAR consultancy lowers Russia 2021 wheat crop forecast
Markets

IKAR consultancy lowers Russia 2021 wheat crop forecast

  • Russia competes with the European Union for the rank of the world's largest wheat exporter.
  • More than 700,000 hectares, about 18% of the region's total area, will be up for potential replanting, though IKAR said it expected the actual resowed area to be smaller.
Published 22 Apr, 2021 06:17pm
Ukraine spring grain sowing 20pc complete
Markets

Ukraine spring grain sowing 20pc complete

  • The overall grain area is likely to total 15.5 million hectares this year, including 7.6 million hectares of spring grains, the ministry has said.
  • Farms have sown 1.06 million hectares of barley, 177,200 hectares of peas, 124,160 hectares of wheat and 134,640 hectares of oats as of April 15.
Published 17 Apr, 2021 05:53pm
APK-Inform sees Ukraine 2021/22 grain harvest, exports rising
Markets

APK-Inform sees Ukraine 2021/22 grain harvest, exports rising

  • The consultancy said in a report that the harvest could include 27.6 million tonnes of wheat, 7.97 million tonnes of barley and 35.71 million tonnes of corn. It said a higher output would allow Ukraine to increase grain exports to 54.2 million tonnes in 2021/22 season from 45.6 million tonnes in 2020/21.
Published 17 Apr, 2021 05:48pm
Britain's wheat imports set season low in February
Markets

Britain's wheat imports set season low in February

  • Wheat imports for the month totalled 94,956 tonnes, down from 106,531 tonnes in January and the lowest monthly total so far for the 2020/21 season, which runs from July to June.
  • A slowdown had been expected following the expiration of a transitional trade agreement between Britain and the European Union at the end of 2020.
Published 13 Apr, 2021 07:41pm
EU 2020/21 soft wheat exports 20.81 million tonnes by April 11
Markets

EU 2020/21 soft wheat exports 20.81 million tonnes by April 11

*That was down from 27.56 million tonnes cleared by the same week last season, the data showed. * Since Jan. 1, the European Commission's data has covered the EU's 27 countries only, whereas previous figures up to Dec. 31 covered both the EU-27 and Britain.
Published 12 Apr, 2021 09:06pm
EU wheat exports slacken as importers juggle with Russian supply
Markets

EU wheat exports slacken as importers juggle with Russian supply

  • Brisk sales of EU wheat earlier in the July-June season, including large volumes of French wheat for China and German wheat for Algeria, had fuelled talk of tight stocks after a smaller harvest last summer.
  • Russia's decision to tax wheat exports from mid-February, to help cool local prices, was then expected to bring further demand for EU wheat, but prospects have instead dimmed.
Published 09 Apr, 2021 09:04pm
Sovecon raises forecast for Russia's 2021 wheat crop
Markets

Sovecon raises forecast for Russia's 2021 wheat crop

  • Conditions in the south - Russia's largest wheat producing area - were improved by healthy precipitation, Sovecon said. Russia is one of the world's largest exporters of wheat.
  • Wheat in the southern part of Russia entered last winter in the worst shape in a decade. However, the 2021 weather was favourable for the region, and crop conditions improved dramatically in recent months.
Published 09 Apr, 2021 08:49pm