AVN 61.87 Decreased By ▼ -0.08 (-0.13%)
BOP 10.30 No Change ▼ 0.00 (0%)
CHCC 136.00 Decreased By ▼ -0.03 (-0.02%)
DCL 9.85 Increased By ▲ 0.10 (1.03%)
DGKC 108.61 Increased By ▲ 0.43 (0.4%)
EFERT 67.99 Increased By ▲ 0.29 (0.43%)
EPCL 32.35 Increased By ▲ 0.60 (1.89%)
FCCL 21.56 Increased By ▲ 0.04 (0.19%)
FFL 13.86 Increased By ▲ 0.23 (1.69%)
HASCOL 13.91 Increased By ▲ 0.05 (0.36%)
HBL 128.03 Decreased By ▼ -1.22 (-0.94%)
HUBC 81.75 Increased By ▲ 0.10 (0.12%)
HUMNL 9.35 Increased By ▲ 0.08 (0.86%)
JSCL 17.46 No Change ▼ 0.00 (0%)
KAPCO 24.55 No Change ▼ 0.00 (0%)
KEL 3.84 Increased By ▲ 0.02 (0.52%)
LOTCHEM 13.14 Increased By ▲ 0.02 (0.15%)
MLCF 36.86 Increased By ▲ 0.32 (0.88%)
OGDC 113.81 Decreased By ▼ -0.15 (-0.13%)
PAEL 35.51 Increased By ▲ 0.23 (0.65%)
PIBTL 11.82 Increased By ▲ 0.12 (1.03%)
PIOC 91.55 Increased By ▲ 0.25 (0.27%)
POWER 10.04 Increased By ▲ 0.10 (1.01%)
PPL 100.21 Decreased By ▼ -0.25 (-0.25%)
PSO 183.50 Increased By ▲ 0.25 (0.14%)
SNGP 53.91 Decreased By ▼ -0.09 (-0.17%)
STPL 11.86 Increased By ▲ 0.15 (1.28%)
TRG 56.07 Increased By ▲ 0.20 (0.36%)
UNITY 13.24 Increased By ▲ 0.45 (3.52%)
WTL 1.58 Increased By ▲ 0.03 (1.94%)
BR100 4,160 Decreased By ▼ -24 (-0.58%)
BR30 21,303 Decreased By ▼ -186 (-0.87%)
KSE100 40,030 Decreased By ▼ -136 (-0.34%)
KSE30 17,297 Decreased By ▼ -128 (-0.73%)
COVID-19 TOTAL DAILY
CASES 283,487 842
DEATHS 6,068 16
Sindh 123,246 Cases
Punjab 94,223 Cases
Balochistan 11,835 Cases
Islamabad 15,214 Cases
KP 34,539 Cases

CHICAGO: Chicago Board of Trade soybean futures closed mostly lower on Wednesday as favorable weather in the US crop belt continued to bolster expectations for a large harvest, traders said.

CBOT August soybean futures settled down 5-1/4 cents at $8.91-1/2 per bushel while the most-active November contract ended down 2-1/4 cents at $8.85-1/4.

Several thinly traded deferred soybean contracts settled modestly higher.

CBOT December soymeal ended down $1.70 at $295.80 per short ton while December soyoil rose 0.14 cent to 30.06 cents per pound, gaining against soymeal on oil/meal spreading.

Stress from dryness should be limited to only about 15% of the US Midwest corn and soybean belt over the next couple of weeks, the Commodity Weather Group said in a client note.

Rabobank on Tuesday projected Brazil's farmers would plant a record-high 38 million hectares of soybeans for the 2020/21 season, producing a crop of 127.3 million tonnes.

Ahead of Thursday's weekly US Department of Agriculture export sales report, traders expected the government to report US soybean sales in the week ended July 23 at 1.8 million to 2.5 million tonnes.