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Apr 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

wheat export

Corn up 20-25 cents, wheat up 15-20 cents, soy up 9-13 cents
Markets

Corn up 20-25 cents, wheat up 15-20 cents, soy up 9-13 cents

  • Wheat futures supported by expectations of increased wheat feeding by livestock and poultry producers due to high price of corn.
  • New contract highs made across the board in soft red winter wheat, hard red winter wheat and MGEX spring wheat futures.
Published 26 Apr, 2021 06:27pm
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
Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents
Markets

Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents

  • CBOT wheat gained overnight, boosted by strength in corn and soybeans as concerns over dryness in Europe and US spring wheat planting regions continue to provide support.
  • CBOT's most-active wheat contract climbed above its 100-day moving average overnight, nearing its 50-day moving average of $6.40.
Published 14 Apr, 2021 06:19pm
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
Russian wheat export prices rise with global benchmarks
Markets

Russian wheat export prices rise with global benchmarks

  • Russian wheat with 12.5% protein loading from Black Sea ports for supply in April was at $247 a tonne free on board (FOB) at the end of last week, up $2 from the previous week, IKAR said.
  • Sovecon, another consultancy, said barley prices fell by $2 to $233 a tonne.
Published 12 Apr, 2021 05:47pm
Wheat up 5-8 cents, corn up 3-5 cents, soy steady-up 2 cents
Markets

Wheat up 5-8 cents, corn up 3-5 cents, soy steady-up 2 cents

  • Benchmark CBOT May soft red winter wheat rose above its 100-day moving average for the first time since March 24 during the overnight trading session. Technical resistance was noted at the contract's 30-day moving average.
  • CBOT May soft red winter wheat was last up 5-1/2 cents at $6.34-1/4 per bushel. K.C. May hard red winter wheat was last up 5-3/4 cents at $5.82-1/4.
Published 09 Apr, 2021 07:25pm
French cereal conditions good ahead of cold spell
Markets

French cereal conditions good ahead of cold spell

  • That was well above a score of 62% a year ago, when crops had suffered from torrential rain.
  • The winter barley rating increased to 85% good/excellent from 84% the previous week while the spring barley score also gained one point, to 92%.
Published 09 Apr, 2021 05:03pm
Sovecon lowers forecast for Russian 2020/21 wheat exports by 0.2mn tonnes
Markets

Sovecon lowers forecast for Russian 2020/21 wheat exports by 0.2mn tonnes

  • Russia doubled its wheat export tax to 50 euros ($59) per tonne last month in an attempt to curb high food price inflation amid the coronavirus pandemic. The tax was at 25 euro/tonne on Feb. 15-28.
  • The current low pace of wheat exports brought the estimate down, as did the fall in export prices in March, Sovecon, one of the leading agriculture consultancies in Moscow, said in a note.
Published 02 Apr, 2021 07:55pm
Wheat down 2-4 cents, corn steady-down 2 cents, soybeans mixed
Markets

Wheat down 2-4 cents, corn steady-down 2 cents, soybeans mixed

  • Good soil moisture that is boosting crop prospects in key growing areas pressures wheat futures.
  • On a continuous basis, the most-active CBOT soft red winter wheat contract hit a three-month low overnight and was on track for a weekly drop of 2.6%, which would be its biggest since early February.
Published 26 Mar, 2021 08:27pm
Mauritius tenders to buy 4,000 tonnes white rice, optional origin
Markets

Mauritius tenders to buy 4,000 tonnes white rice, optional origin

  • The rice was sought for delivery between June 1 and July 31. Tender deadline is April 16, traders said.
  • Mauritius had on March 18 purchased about 4,000 tonnes of long grain white rice to be sourced from India and Pakistan for delivery between April 15 and June 15.
Published 26 Mar, 2021 05:51pm
EU forecasts higher wheat crop, exports in 2021/22
Markets

EU forecasts higher wheat crop, exports in 2021/22

  • In grain supply and demand data, the Commission also projected that EU exports of common wheat, or soft wheat, would reach 30.0 million tonnes next season compared with 27.0 million expected in the current 2020/21 season that ends on June 30.
Published 25 Mar, 2021 06:31pm
Wheat down 6-8 cents, corn down 1-3 cents, soy up 2-4 cents
Markets

Wheat down 6-8 cents, corn down 1-3 cents, soy up 2-4 cents

  • Profit-taking expected after most-active soft red winter wheat contract jumped 1.2% on Tuesday, its biggest rally in two weeks.
  • CBOT May soft red winter wheat futures contract dropped below its five-day and 100-day moving averages during the overnight trading session.
Published 24 Mar, 2021 07:28pm