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Apr 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wheat import

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
Taiwan tenders for 96,485 tonnes wheat of US-origin
Markets

Taiwan tenders for 96,485 tonnes wheat of US-origin

  • The tender seeks a range of different wheat types in two consignments for shipment from the US Pacific Northwest coast.
  • One consignment of 45,505 tonnes is sought for shipment between May 29 and June 12. A second consignment of 50,980 tonnes is sought for shipment between June 15 and June 29.
Published 06 Apr, 2021 01:08pm
Wheat slips to new three-month low on ample supply outlook
Markets

Wheat slips to new three-month low on ample supply outlook

  • The most-active wheat futures contract on the Chicago Board of Trade was down 0.3% at $6.10-1/2 a bushel by the end of the overnight session, near the session low of $6.08-1/4 that was its lowest since Dec 28.
  • "The market isn't concerned about any supply issues right now, so the market is on the defensive," a Melbourne-based grains trader said of wheat.
Published 26 Mar, 2021 08:06pm
Wheat down 3-4 cents, corn down 1-2, soybeans down 7-10
Markets

Wheat down 3-4 cents, corn down 1-2, soybeans down 7-10

  • Wheat heads lower on improving crop weather in the US Plains winter wheat belt and a lack of supportive news.
  • CBOT May soft red winter wheat last traded down 3-3/4 cents at $6.36-1/4 per bushel. K.C. May hard red winter wheat was last down 6 cents at $5.95 a bushel and MGEX May spring wheat was down 2-3/4 cents at $6.30-1/2.
Published 18 Mar, 2021 08:10pm