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wheat market

Algeria wants to improve durum wheat output

ALGIERS: Algerian President Abdelmadjid Tebboune urged his government on Sunday to boost durum wheat production and...

Published 01 Jun, 2021 04:59am

Markets

Russian wheat export prices down

MOSCOW: Russian export prices for the summer’s new wheat crop fell last week after a decline in global benchmarks...

Published 01 Jun, 2021 04:59am

Markets

Russia’s wheat export tax will fall sharply

MOSCOW: Russia’s wheat export tax will fall sharply on June 2-8, the agriculture ministry said on Friday, as it...

Published 30 May, 2021 03:51am

Markets

Russia's wheat export tax will fall sharply in early June

The wheat export tax will be set at $28.1 per tonne starting from June 2 to June 8, the ministry said. Export taxes for barley and maize are at $39.6 and $52.2 per tonne, respectively.

Published 28 May, 2021 08:57pm

Markets

CBOT Trends-Wheat down 8-10 cents, corn down 4-8 cents, soy down 5-8 cents

CBOT July soft red winter wheat dropped below its 50-day moving average during the overnight trading session.
Corn futures down 2.1% during May, on track for their first monthly decline since August.

Published 28 May, 2021 06:31pm

Markets

CBOT Trends-Wheat up 10-15 cents, corn up 5-8 cents, soy steady-up 4

Bargain buying, short-covering expected in wheat after most-active soft red winter wheat contract sank to its lowest since April 14 on Wednesday.
Benchmark CBOT July corn futures found support overnight at Tuesday's low of $6.17-1/4 a bushel.

Published 27 May, 2021 07:40pm

Markets

EU 2020/21 soft wheat exports

PARIS: Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 23.70...

Published 26 May, 2021 03:45am

Markets

Indian farmers expect to harvest record wheat, rice crops this year

Rice output in the world's biggest exporter and the second largest producer is estimated at a record 121.46 million tonnes compared to a forecast of 120.32 million tonnes in February.
The farm ministry pegged peanut production to be at 10.12 million tonnes in 2020/21, lower than its earlier estimate of 10.15 million tonnes.

Published 25 May, 2021 09:50pm

Markets

Wheat steady-up 5 cents, corn down 2-5 cents, soy up 6-10 cents

Wheat seen steady to firm, with MGEX spring wheat contracts rising on support from concerns about dry conditions in the northern US Plains.
The USDA said corn planting was 90% complete, 10 percentage points ahead of the five-year average.

Published 25 May, 2021 07:52pm

Markets

Russian wheat export prices down

MOSCOW: Russian export prices for the summer’s new wheat crop fell last week following a decline in global...

Published 25 May, 2021 04:40am

Markets

EU wheat ends week lower

PARIS: Euronext wheat edged down on Friday and was heading for a weekly loss as rain-boosted prospects for northern...

Published 23 May, 2021 03:06am

Markets

Russia may raise 2021/22 grain exports despite lower crop

Russia's 2021 grain crop seen down y/y to 127 mln tonnes.
Russia may purchase 3 mln tonnes of grain for stockpile.
Second half of each season may become subject to export quota.

Published 21 May, 2021 08:09pm

Markets

Germany's 2021 wheat and rapeseed harvest seen up on year

The association forecast Germany's 2021 winter rapeseed crop will rise 3.1% from last summer's crop to 3.62 million tonnes.

Published 19 May, 2021 06:02pm

Markets

EU 2020/21 soft wheat exports 23.44 million tonnes by May 16

That was down from 31.27 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 17 May, 2021 08:41pm

Markets

Paris wheat drops

HAMBURG: Euronext wheat fell sharply on Monday as rainfall eased crop concerns in France amidst profit-taking after...

Published 11 May, 2021 04:39am

Markets

Soybeans, wheat up 10-15 cents, corn up 4-8 cents

Weak dollar supportive to wheat as well as forecasts for dry weather in northern US Plains.
Corn seen firming for seventh straight session, as no relief is forecast for dry Brazil growing areas. Strong export demand also supportive.

Published 07 May, 2021 06:51pm

Markets

BD gets offers in 50,000 tonne of wheat tender

HAMBURG: Bangladesh’s state grains buyer received a lowest offer of $324.90 a tonne CIF liner out in an...

Published 07 May, 2021 04:35am

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

Markets

Wheat down 10-12 cents, soy down 6-10 cents, corn steady-down 2 cents

Benchmark CBOT July soft red winter wheat futures dropped below their five-day moving average overnight.
CBOT July corn was last down 1 cent at $6.47-1/4 per bushel.

Published 30 Apr, 2021 08:56pm

Markets

EU cuts 2021/22 soft wheat crop forecast to 124.8mn tonnes

That would still be above 2020/21 production of common wheat, or soft wheat, of 117.2 million tonnes, the Commission's monthly supply and demand data showed.
The Commission also lowered its projection of soft wheat stocks at the end of 2021/22, to 11.4 million tonnes from 12.9 million last month, reflecting the reduced harvest forecast.

Published 29 Apr, 2021 06:24pm

Markets

Corn, wheat hit 8-year highs on Brazil, US weather worries

Southern Brazil drought, US cold add to corn supply risks.
Wheat at highest since February 2013 after US crop rating fall.
Soybeans at 8-1/2-year top.

Published 27 Apr, 2021 09:11pm

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

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

Markets

EU wheat pares gains after hitting new high

PARIS: European wheat traded nearly flat on Friday, taking a breather after scoring a new contract high for the ...

Published 18 Apr, 2021 03:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Cotton US¢/pound / May 8	77.79
Petrol/Litre / May 9	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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