AGL 23.81 Decreased By ▼ -0.54 (-2.22%)
AIRLINK 103.60 Increased By ▲ 0.60 (0.58%)
BOP 5.66 Decreased By ▼ -0.05 (-0.88%)
CNERGY 3.93 Decreased By ▼ -0.03 (-0.76%)
DCL 8.36 Decreased By ▼ -0.14 (-1.65%)
DFML 41.70 Decreased By ▼ -1.29 (-3%)
DGKC 88.30 Decreased By ▼ -0.60 (-0.67%)
FCCL 22.70 No Change ▼ 0.00 (0%)
FFBL 40.88 Increased By ▲ 2.68 (7.02%)
FFL 8.96 Decreased By ▼ -0.15 (-1.65%)
HUBC 160.49 Decreased By ▼ -3.21 (-1.96%)
HUMNL 11.46 Decreased By ▼ -0.34 (-2.88%)
KEL 4.82 Decreased By ▼ -0.03 (-0.62%)
KOSM 4.09 Decreased By ▼ -0.04 (-0.97%)
MLCF 38.60 Increased By ▲ 0.19 (0.49%)
NBP 53.60 Increased By ▲ 0.75 (1.42%)
OGDC 130.60 Decreased By ▼ -2.29 (-1.72%)
PAEL 25.36 Decreased By ▼ -0.29 (-1.13%)
PIBTL 6.25 Decreased By ▼ -0.13 (-2.04%)
PPL 118.90 Decreased By ▼ -0.60 (-0.5%)
PRL 23.95 Decreased By ▼ -0.65 (-2.64%)
PTC 12.92 Increased By ▲ 0.28 (2.22%)
SEARL 59.11 Decreased By ▼ -0.49 (-0.82%)
TELE 7.43 Decreased By ▼ -0.06 (-0.8%)
TOMCL 34.99 Decreased By ▼ -0.16 (-0.46%)
TPLP 8.72 Decreased By ▼ -0.13 (-1.47%)
TREET 15.90 Increased By ▲ 0.10 (0.63%)
TRG 55.95 Decreased By ▼ -1.95 (-3.37%)
UNITY 34.95 Increased By ▲ 0.06 (0.17%)
WTL 1.20 Decreased By ▼ -0.02 (-1.64%)
BR100 8,536 Decreased By -8.5 (-0.1%)
BR30 27,187 Decreased By -204 (-0.74%)
KSE100 79,944 Decreased By -48.3 (-0.06%)
KSE30 25,500 Decreased By -43.9 (-0.17%)

Wheat futures

Russia's wheat exports seen down in new season, says Sovecon
Markets

Russia's wheat exports seen down in new season, says Sovecon

  • Russia competes with the European Union (EU) for the rank of the world's largest wheat exporter. Egypt, Turkey and Bangladesh are the largest buyers of its wheat.
  • Russian exports will decline because of a smaller wheat crop, which Sovecon expects to reach 80.9 million tonnes, down from 85.9 million tonnes in 2020, it said in a note.
Published 01 Jun, 2021 06:49pm
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
Paris wheat hits five-week low on slack import demand
Markets

Paris wheat hits five-week low on slack import demand

  • Front-month May milling wheat on the Paris-based Euronext exchange was down 1.25 euros, or 0.6%, at 218.50 euros ($260.32) a tonne.
  • It earlier touched its lowest since Feb. 12 at 218.25 euros, just below a previous five-week low touched on Friday.
Published 22 Mar, 2021 08:59pm
Soybeans down 2-3 cents; corn, wheat mixed
Markets

Soybeans down 2-3 cents; corn, wheat mixed

  • Wheat futures choppy following weekend storms that brought beneficial moisture to dry areas of the US Plains winter wheat belt.
  • Russian wheat export prices fell for a second consecutive week last week after the Russian origin lost a major tender in Egypt and CBOT wheat prices fell, analysts said.
Updated 15 Mar, 2021 09:26pm
South Korea's MFG buys about 130,000 tonnes of feed wheat
Markets

South Korea's MFG buys about 130,000 tonnes of feed wheat

  • The feed wheat was purchased in two 65,000 tonne consignments at an estimated $282.86 a tonne c&f for arrival in South Korea around Aug. 24 and at $275.14 a tonne c&f for arrival in South Korea around Sept. 24.
  • If the August arrival consignment is sourced from the US Pacific Northwest coast, Australia or Canada, shipment is sought between July 21 and Aug. 9.
Published 05 Mar, 2021 06:42pm
Russian wheat export prices jump ahead of tax launch
Markets

Russian wheat export prices jump ahead of tax launch

  • Moscow is trying to curb domestic food inflation triggered by the COVID-19 crisis by introducing a range of grain export taxes.
  • Russian wheat with 12.5% protein loading from Black Sea ports for supply before mid-February was at $298 a tonne free on board (FOB) at the end of last week.
Published 18 Jan, 2021 04:46pm
US corn, wheat and soybeans rally with exports in focus
Markets

US corn, wheat and soybeans rally with exports in focus

  • "We are at the crucial time," said Mark Schultz, chief market analyst at Northstar Commodity. "They better start getting the moisture."
  • Chicago Board of Trade January soybean futures settled up 17-1/2 cents at $12.01-1/4 a bushel. CBOT March corn futures gained 5-1/4 cents to $4.32-1/2.
Published 18 Dec, 2020 03:27am
Wheat up 5-6 cents, corn up 1-2, soy mixed
Markets

Wheat up 5-6 cents, corn up 1-2, soy mixed

  • Wheat heads higher on technical buying and poor weather in Russia, Argentina and other wheat-producing countries that could tighten global exportable supplies.
  • Corn seen firm on technical buying and expectations of export demand from China. Fresh export sales may lend support.
Published 23 Oct, 2020 07:29pm
CBOT wheat falls despite concerns over dry conditions
Markets

CBOT wheat falls despite concerns over dry conditions

  • The most-active CBOT December soft red winter wheat contract ended 1/2 a cent up at $5.94-1/4 a bushel.
  • A Ukrainian grain traders union lowered its forecast for the country's 2020 wheat harvest because of poor weather.
Published 13 Oct, 2020 01:29am
Dry weather pushes CBOT wheat, soybeans to multi-year peaks
Markets

Dry weather pushes CBOT wheat, soybeans to multi-year peaks

  • Corn futures hit their highest level in 8-1/2 months, joining in the rally as the US harvest pace fell below expectations despite ideal weather for field work.
  • The dry conditions in South America could boost already-robust demand for US supplies as farmers in Brazil struggle to plant in the parched soils.
Published 07 Oct, 2020 01:49am
CBOT wheat ends up on bargain buying, dryness in Russia
Markets

CBOT wheat ends up on bargain buying, dryness in Russia

  • CBOT December soft red winter wheat settled up 6 cents at $5.50-1/4 per bushel, rebounding after a slide to $5.37-3/4.
  • Russia badly needs rains to arrive within the next few weeks as its farmers continue to sow the 2021 winter wheat crop.
Published 29 Sep, 2020 01:41am
CBOT wheat ends higher as US currency weakens
Markets

CBOT wheat ends higher as US currency weakens

  • CBOT September soft red winter wheat settled up 5-3/4 cents at $5.27-3/4 per bushel.
  • The USDA said 74% of US winter wheat has been harvested, up from 68% last week. Analysts had expected 79%.
Published 22 Jul, 2020 12:43am