Trends - Wheat - Business Recorder

Wheat

Wheat drops for second session as Ukraine grain export deal resumes

SINGAPORE: Chicago wheat lost more ground on Thursday after Russia said it would resume participation in a Black Sea...

Published 03 Nov, 2022 11:44am

Markets

US wheat slumps 6% after Russia says it will resume Black Sea grain deal

PARIS: Wheat futures plummeted from Chicago to Europe on Wednesday after Russia said it would resume its...

Published 02 Nov, 2022 06:17pm

Markets

Global events may affect Egypt’s wheat supply

CAIRO: Global events may temporarily affect Egypt’s wheat supply but the country can adjust to them, Egypt’s...

Published 02 Nov, 2022 04:37am

Markets

Paris wheat flat as Ukraine may continue export shipping

HAMBURG: European wheat was little changed on Tuesday as traders assessed whether Ukraine would be able to continue...

Published 02 Nov, 2022 04:37am

Markets

Efforts underway to achieve Punjab’s wheat target: minister

LAHORE: The wheat cultivation target for Punjab has been set at 16.50 million acres and all resources are being...

Published 02 Nov, 2022 04:37am

Pakistan

PM Shehbaz unveils relief package for agriculture sector

'Kissan Package' aims to uplift small farmers
Loan portfolio for farmers enhanced, import of used tractors allowed

Updated 31 Oct, 2022 08:55pm

Markets

CBOT wheat may extend its gains to $9.01

SINGAPORE: CBOT wheat may extend its gains to $9.01 per bushel, as it has briefly pierced above a resistance at...

Published 31 Oct, 2022 12:44pm

Markets

Wheat climbs 5.5% as Russia withdraws from Black Sea export agreement

SINGAPORE: Chicago wheat futures jumped more than 5% on Monday and corn rose over 2% as Russia’s withdrawal from a...

Published 31 Oct, 2022 10:42am

Business & Finance

TCP said to buy 385,000 tonnes of wheat in tender

HAMBURG: A government agency is believed to have bought about 385,000 tonnes of wheat in an international tender for...

Published 31 Oct, 2022 05:55am

Markets

Pakistan said to buy 385,000 tonnes wheat in tender

HAMBURG: A government agency in Pakistan is believed to have bought about 385,000 tonnes of wheat in an...

Published 30 Oct, 2022 03:30pm

Markets

Pakistan seeks lower prices in talks for 500,000 tonne wheat tender

HAMBURG: A second trading house is believed to have matched the lowest price of $373.00 a tonne c&f offered...

Published 27 Oct, 2022 01:06pm

Markets

Pakistan gets offers in 500,000 tonne wheat tender

HAMBURG: The lowest price offered in the tender from Pakistan to purchase 500,000 tonnes of wheat which closed on...

Published 26 Oct, 2022 05:37pm

Markets

Wheat drops for third session, near 5-week low on Black Sea exports

SINGAPORE: Chicago wheat slid for a third consecutive session on Wednesday, trading near a five-week low with...

Published 26 Oct, 2022 12:14pm

Markets

Punjab govt sets 21MMT production target of wheat

LAHORE Punjab government has set a target of cultivating wheat on 16.5 million acres this year. The total production...

Published 25 Oct, 2022 05:51am

Pakistan

Heat, then floods ruin Pakistani farmers' livelihoods

JACOBABAD: Generations of Rahim Buksh's ancestors have laboured in the rice paddies and wheat fields surrounding...

Updated 24 Oct, 2022 07:20pm

Markets

Chicago wheat, soy, corn drop on dollar strength

Prices of wheat, soybeans and corn dropped on Monday, pressured by a firmer US dollar while traders continued to...

Published 24 Oct, 2022 09:35am

BR Research

Wheat: are surplus disappearing?

Global commodities markets are caught in a perfect storm since the pandemic began three years ago. First, the...

Published 24 Oct, 2022 09:00am

Markets

CBOT wheat futures rise

CHICAGO: Chicago Board of Trade wheat futures rose on Friday, with a falling dollar sparking hopes for a pick up in...

Published 24 Oct, 2022 06:44am

Markets

KP’s flour millers demand govt give wheat the status of ‘national crop’

PESHAWAR: Pakistan Flour Mills Association Khyber Pakhtunkhwa (PFMA-KP) chapter, while backing the Standing ...

Published 24 Oct, 2022 05:45am

Procurement for flood-hit farmers: Govt to bear half the cost of wheat

National Disaster Management Authority to play the lead role in the procurement and transportation of wheat

Updated 23 Oct, 2022 01:29pm

Markets

US soya futures jump on bullish exports; corn, wheat firm

CHICAGO: US soybean futures rose 1.4% on Thursday as good export data buoyed hopes that overseas buyers will book...

Published 21 Oct, 2022 05:57am

Markets

US soy futures jump on bullish exports; corn, wheat firm

CHICAGO: US soybean futures rose 1.4% on Thursday as good export data buoyed hopes that overseas buyers will book...

Published 20 Oct, 2022 09:02pm

Pakistan

PM Shehbaz against import of wheat by private firms

Premier fears companies will make ‘fat profits’ using Pakistan’s foreign exchange

Updated 20 Oct, 2022 05:24pm

Markets

Corn firms from near two-week low, but demand concerns cap gains

SINGAPORE: Chicago corn rose for the first time in four sessions on Wednesday and soybeans edged higher on bargain...

Published 19 Oct, 2022 09:39am

Markets

US wheat, soyabeans, corn fall on demand concerns

CHICAGO: US wheat, corn and soybean futures fell on Tuesday on concerns that overseas buyers will turn to ...

Published 19 Oct, 2022 05:54am

Markets

Paris wheat hits four-week low

PARIS: Euronext wheat futures extended losses on Tuesday to a four-week low as the market saw scope for a wartime ...

Published 19 Oct, 2022 05:54am

Markets

India raises local wheat purchase price to 2,125 rupees/kg

NEW DELHI: India has raised the price at which it will buy new season wheat from local farmers in 2023 by 110 rupees...

Published 18 Oct, 2022 01:08pm

Markets

CBOT wheat may stabilise around $8.46-1/2 to $8.52-3/4 zone

SINGAPORE: CBOT wheat may stabilise around a support zone of $8.46-1/2 to $8.52-3/4 per bushel and bounce towards...

Published 18 Oct, 2022 12:43pm

Markets

CBOT corn may revisit Oct 7 low of $6.71-1/2

SINGAPORE: CBOT corn may revisit its Oct. 7 low of $6.71-1/2 per bushel, where a wave c started. This wave has been...

Published 18 Oct, 2022 11:30am

Business & Finance

Market distortions: CCP brings out study on 10 essential items

ISLAMABAD: The Competition Commission of Pakistan (CCP) has strongly criticised the government’s policy of ...

Published 18 Oct, 2022 06:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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