Agriculture
- Wheat Flour Price Soars By Rs Two Per Kg
July 18, 2013 The price of wheat flour soared by Rs 2 per kg on the local market after wheat grain became costlier by Rs 200 per 100-kg sack during the last week, traders said on Wednesday. The country missed wheat crop target by three percent this year...
- Wheat: Some Semblance Of Clarity Obtaining In Mark
July 11, 2013 Wheat As the provincial food departments enter the last leg of their procurement drives, things are finally gaining some semblance of clarity in the market. In a telephonic conversation earlier this week, sources within Punjab Food...
- Wheat Imports From Pakistan May Climb To Highest In Five Years
Wednesday, July-10-2013 Wheat imports by Pakistan, Asia?s third-largest producer, may climb to the highest level in five years after a declined in the harvest boosted local prices, according to a traders group. ?We may import up to 500,000 tons of wheat...
- European Wheat Prices Mostly Lower
Western European wheat prices were mostly flat to lower on Monday as export-boosting weakness in the euro partly offset broad losses in commodities linked to a controversial bailout plan for euro-zone member Cyprus. Worries over the consequences of a...
- Soyabean Futures Slip
US soyabean futures slid on Wednesday, breaking a three-session rise, and corn fell for a fourth straight day on profit-taking ahead of a government crop report on Friday and as some weather forecasts suggested a wetter trend in Argentina next week. ...
Agriculture
US wheat futures fall
US wheat futures fell on Friday on continued pressure from storms in the US Plains that provided relief to the drought-stricken hard red winter wheat crop, traders said. Wheat prices closed at their session lows on a round of late selling as investors squared positions ahead of the weekend.
For the week, the benchmark Chicago Board of Trade March soft red winter wheat contract was down 3.9 percent, the biggest weekly decline for the front-month contract in seven weeks and its fifth straight losing week. Wheat prices have fallen in 10 of the last 12 weeks.
CBOT wheat, which closed at a near-eight month low, has shed 9.8 percent of its value during the past five weeks. US wheat exports will drop by 10 percent to 950 million bushels in the 2013/14 crop year as damage from drought in the US Plains hinders crop development, the US government said.
For the week, the benchmark Chicago Board of Trade March soft red winter wheat contract was down 3.9 percent, the biggest weekly decline for the front-month contract in seven weeks and its fifth straight losing week. Wheat prices have fallen in 10 of the last 12 weeks.
CBOT wheat, which closed at a near-eight month low, has shed 9.8 percent of its value during the past five weeks. US wheat exports will drop by 10 percent to 950 million bushels in the 2013/14 crop year as damage from drought in the US Plains hinders crop development, the US government said.
Source: http://www.brecorder.com/
- Wheat Flour Price Soars By Rs Two Per Kg
July 18, 2013 The price of wheat flour soared by Rs 2 per kg on the local market after wheat grain became costlier by Rs 200 per 100-kg sack during the last week, traders said on Wednesday. The country missed wheat crop target by three percent this year...
- Wheat: Some Semblance Of Clarity Obtaining In Mark
July 11, 2013 Wheat As the provincial food departments enter the last leg of their procurement drives, things are finally gaining some semblance of clarity in the market. In a telephonic conversation earlier this week, sources within Punjab Food...
- Wheat Imports From Pakistan May Climb To Highest In Five Years
Wednesday, July-10-2013 Wheat imports by Pakistan, Asia?s third-largest producer, may climb to the highest level in five years after a declined in the harvest boosted local prices, according to a traders group. ?We may import up to 500,000 tons of wheat...
- European Wheat Prices Mostly Lower
Western European wheat prices were mostly flat to lower on Monday as export-boosting weakness in the euro partly offset broad losses in commodities linked to a controversial bailout plan for euro-zone member Cyprus. Worries over the consequences of a...
- Soyabean Futures Slip
US soyabean futures slid on Wednesday, breaking a three-session rise, and corn fell for a fourth straight day on profit-taking ahead of a government crop report on Friday and as some weather forecasts suggested a wetter trend in Argentina next week. ...