May 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wheat

EU wheat edges higher along with Chicago but strong euro weighs

EU wheat edges higher along with Chicago but strong euro weighs

  • Front-month September on Euronext milling wheat futures settled 0.75 euro higher at 183.75 euros a tonne.
  • "There is some technical buying in Chicago but the euro keeps rising so we are not able to keep up," one trader said.
Published 22 Jul, 2020 11:15pm
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
Paris wheat ticks up after falls, follows US markets higher
Markets

Paris wheat ticks up after falls, follows US markets higher

  • The export-punishing rise of the euro to 4-1/2 month highs after European Union countries struck a deal on a massive stimulus plan was capping gains.
  • There is not enough news on the harvest to justify a massive fall so we are following the US market in the meantime.
Published 21 Jul, 2020 11:11pm
CBOT wheat ends down on stronger US dollar
Markets

CBOT wheat ends down on stronger US dollar

  • CBOT September soft red winter wheat settled down 12-3/4 cents at $5.22 per bushel.
  • Winter wheat harvest is expected to be 79% complete, up from 68% a week earlier. Estimates ranged from 75% to 85%.
Published 21 Jul, 2020 12:04am