Trends - Wheat - Business Recorder

Wheat

CBOT wheat lifts amid export market uncertainty

CBOT March soft red winter wheat settled up 5-3/4 cents at $6.17 per bushel.

Published 23 Dec, 2020 01:19am

Markets

NY coffee may fall to $1.2235

8 A realistic target will be $1.2235, the 23.6% retracement. A break above $1.2450 could lead to a gain into $1.2545-$1.2665 range.

Published 22 Dec, 2020 12:04pm

Markets

Arabica coffee falls as new COVID-19 strain sinks markets

The dollar surged versus most currencies, making dollar-priced soft commodities costlier for non US investors early in the day but shifted course, driving the sugar and cocoa markets.

Published 22 Dec, 2020 10:58am

Markets

CBOT soybeans may rise into $12.56-$12.61 range

Support is at $12.47-1/2, a break below which could cause a fall to $12.42-1/2.

Published 22 Dec, 2020 09:51am

Markets

CBOT corn may rise into $4.45-1/2 to $4.47-3/4 range

Chances are it may extend into the target zone, following the deep correction on Monday.

Published 22 Dec, 2020 09:49am

Markets

Palm oil jumps over 1% as rival oils gain

Soyoil on the CBOT rallied overnight to reach six-and-a-half-year highs, as prolonged worker strikes and dry weather in Argentina squeezed global supply prospects.

Published 22 Dec, 2020 09:29am

Markets

Paris wheat drifts down, as new virus strain weighs

Euronext lacked impetus from little-changed Chicago wheat, with movements in grain markets focused on soybeans.

Published 22 Dec, 2020 03:23am

Markets

Soybeans climb to six-year high on Argentina wage strike, weather

Corn and wheat futures traded near even as soybeans supported the grains complex.

Published 22 Dec, 2020 01:59am

Markets

Russian export prices for wheat rise due to delays at customs

IKAR added that wheat for supply in February was quoted at $260 per tonne. IKAR also downgraded its forecast for Russia's 2020/21 wheat exports earlier on Monday.

Published 21 Dec, 2020 04:01pm

Markets

Palm oil snaps 3-day rally, higher exports limit losses

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 21 Dec, 2020 12:10pm

Markets

Palm oil may retest resistance at 3,474 ringgit

Support is at 3,426 ringgit, a break below which could cause a fall into the 3,348-3,381 ringgit range.

Published 21 Dec, 2020 10:05am

Markets

Spot gold may rise to $1,930

After the moderate consolidation on Dec. 18, gold could have accumulated enough bullish momentum to rise towards $1,930.

Published 21 Dec, 2020 09:48am

Markets

CBOT soybeans may test resistance at $12.34

Support is at $12.25-3/4, a break below which could cause a fall to $12.15-3/4.

Published 21 Dec, 2020 09:46am

Markets

Soybeans hit more than six-year high on global supply concerns

Markets were concerned about dry weather in South America that could curtail soybean and corn production.

Published 21 Dec, 2020 09:38am

Markets

CBOT corn may rise into $4.41-1/2 to $4.43 range

The resistance is identified as the 176.4% projection level of an upward wave 3 from $4.20-1/2. This wave is expected to travel into a range of $4.45-1/2 to $4.47-3/4.

Published 21 Dec, 2020 09:28am

Markets

CBOT wheat may retest support at $6.05

The third wave labelled c is expected to travel into a range of $5.99-1/4 to $6.02-1/4. A break above $6.11 could lead to a gain into $6.14-3/4 to $6.18 range.

Published 21 Dec, 2020 09:13am

Markets

EU wheat firm on South America weather, Russia export uncertainty

March milling wheat on Paris-based Euronext was up 0.75 euros, or 0.4pc, at 208.00 euros a tonne by 1503 GMT.

Updated 18 Dec, 2020 09:11pm

Markets

Soybeans extend run to 6-year high; South American weather in focus

The most active soybean futures on the Chicago Board Of Trade were up 0.9pc at $12.12 a bushel at 1154 GMT, after earlier rising to a 6-1/2 year high of $12.16-1/4.

Published 18 Dec, 2020 06:08pm

Markets

Ukraine 2020 wheat crop totals 25.3mn T

The economy ministry this week said the harvest was at 25.1 million tonnes in bunker weight.

Published 18 Dec, 2020 03:18pm

Markets

Asia Rice-Shipping container crunch lifts Vietnam rates to 9-year peak

Bangladesh issued a new tender to purchase 50,000 tonnes of rice closing on Dec. 28, while another tender for a similar volume is due to open on Dec. 22.

Published 18 Dec, 2020 10:38am

Markets

Palm extends gains to third session on supply slump, improving exports

Also, supporting prices were gains in rival oils elsewhere.

Published 18 Dec, 2020 09:47am

Markets

Jordan tenders to buy 120,000 tonnes feed barley

A new tender had been expected after Jordan made no purchase in its previous barley tender also seeking 120,000 tonnes on Tuesday.

Published 17 Dec, 2020 12:27pm

Markets

Will China boost corn output or become a permanent importer?

But around April this year, the country's corn prices began to rise. Between May and September, the ministry held several reserve auctions, which were cleaned out almost every time despite the high costs.

Published 17 Dec, 2020 10:49am

Markets

Soybeans edge higher on concerns over South America crop

US soy processors crushed 181.018 million bushels of soybeans in November, their third-largest monthly crush on record, the National Oilseed Processors Association said.MARKET NEWS

Published 17 Dec, 2020 10:20am

Markets

Palm extend gains tracking rival oils

US soybean futures edged higher as concerns over production in South America supported prices.

Published 17 Dec, 2020 09:37am

Markets

Tunisia buys soft wheat, durum wheat and feed barley in tender

The soft wheat was sought in four consignments of 25,000 tonnes and one of 17,000 tonnes.

Published 16 Dec, 2020 06:27pm

Markets

Buyers in Thailand purchase about 77,000 tonnes feed wheat

The precise tonnage bought was still unclear, they said.

Published 16 Dec, 2020 05:40pm

Markets

Ukraine grain exports fall 13.8pc so far in 2020/21 season

Traders have sold 12.17 million tonnes of wheat abroad, using around 69.5pc of the season's quota of 17.5 million tonnes, the data show.

Published 16 Dec, 2020 05:04pm

Markets

Bangladesh withdraws tender to buy 50,000 tonnes wheat

A notice sent to traders said the tender will be suspended because of "unavoidable" circumstances. Details were not given.

Published 16 Dec, 2020 11:58am

Markets

Bullish crush data sparks rally in US soybeans; corn, wheat firm

The strength in soybeans pulled corn higher, which closed in positive territory after trading lower for much of the session.
US soy processors crushed 181.018 million bushels of soybeans in November.

Published 16 Dec, 2020 02:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Wheat

Most Popular