Trends - Wheat - Business Recorder

Wheat

EU wheat crop shows mixed results as harvest progresses

The harvest was in full swing this week thanks to dry weather conditions, showing better-than-expected results in the northern grain baskets.

Published 28 Jul, 2020 08:16pm

Markets

KP flour millers demand wheat price equal to Punjab

PESHAWAR: Flour millers here on Monday threatened to close their mills across the province, if the provincial...

Published 28 Jul, 2020 02:43am

Markets

European wheat prices rise on firmer US markets

PARIS: European wheat prices advanced on Friday, supported by firmer US markets, although the gains were capped ...

Published 28 Jul, 2020 02:43am

Markets

EU monitor cuts 2020 soft wheat yield forecast, ups spring crops

PARIS: The EU's crop monitoring service MARS cut its 2020 soft wheat yield forecast again on Monday to take account...

Published 28 Jul, 2020 02:43am

Markets

EU wheat dips in tandem with Chicago and euro surge

Front-month September milling wheat on Paris-based Euronext, closed down 1.8% at an intraday low of 182.50 euros a tonne.
By the same time most traded wheat futures contract on the Chicago Board of Trade (CBOT) was down 2% at $5.28-3/4 a bushel.

Published 27 Jul, 2020 10:20pm

Pakistan

Imported wheat to be exempted from anti-hoarding act

He said the private wheat importers would be given priority in order to keep local demand and supply smooth and providing it on affordable prices.
The ministry was facilitating wheat importers by helping them in priority berthing, storage, multiple ports and clearances on the landing of shipment.

Published 27 Jul, 2020 06:36pm

Markets

Wheat demand assessment – what will it take?

It has finally taken one-fourth increase in national wheat prices (in 12 months) for Pakistan to welcome in cheaper...

Published 27 Jul, 2020 09:22am

Pakistan

Wheat scandal: ACE arrests 10 food officers

LAHORE: Anti-Corruption Establishment (ACE) has arrested 10 food officers and officials over corruption charges in...

Published 26 Jul, 2020 02:47am

Markets

Unprecedented increase in wheat flour, sugar prices witnessed

ISLAMABAD: Sugar price has witnessed an increase of Rs200 per 50kg bag, wheat flour price Rs115 per 25kg bag, and ...

Published 26 Jul, 2020 02:47am

Markets

Millers concerned over increasing price of wheat flour

PESHAWAR: Flour mills owners have expressed serious concern over the increasing price of flour in Khyber Pakhtunkhwa...

Published 26 Jul, 2020 02:47am

Pakistan

PML-N expresses alarm over wheat, flour crises

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb has expressed alarm over the...

Published 26 Jul, 2020 02:47am

Markets

Wheat gains on weak dollar, soybeans ease on US-China tensions

US soybean sales to China surge.
Political tension threatens further deals.
Wheat firms on export hopes.
Corn mostly flat on mixed weather, export outlook.

Published 24 Jul, 2020 11:19pm

Markets

EU wheat rises tracking gains in Chicago

Benchmark September milling wheat on the Paris-based Euronext was up 1.4pc at 186.00 euros a tonne by 1505 GMT.

Published 24 Jul, 2020 08:47pm

Markets

European wheat prices edge higher

PARIS: European wheat prices edged higher on Wednesday, supported by a rise on US markets but their advance was...

Published 24 Jul, 2020 02:59am

Markets

CBOT wheat drops as international supply shoulders out US exports

CBOT September soft red winter wheat settled down 5 cents at $5.29-1/2 per bushel.
K.C. September hard red winter wheat ended down 7-1/4 cents at $4.41-1/4 a bushel while MGEX September spring wheat fell 4-3/4 cents to end at $5.10 per bushel.

Published 24 Jul, 2020 12:13am

Markets

CBOT wheat may retreat towards $5.25

The resistance is provided by the 61.8pc retracement of the fall from $5.51-3/4 to $5.17.

Published 23 Jul, 2020 05:22pm

Importers buy 300,000 tonnes of wheat from Black Sea region

HAMBURG: Importers in Pakistan bought at least 300,000 tonnes of wheat expected to be sourced from the Black Sea...

Published 23 Jul, 2020 02:47am

Business & Finance

Misappropriation of subsidized wheat: Punjab recovers Rs206.48m from 148 flour mills

LAHORE: Taking stern action against the flours mills, Punjab government has recovered Rs 206.48 million out of Rs...

Updated 23 Jul, 2020 04:24am

Markets

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

Markets

CBOT wheat neutral in $5.25 to $5.30-1/4 range

A break above $5.30-1/4 could lead to a gain into $5.34-1/4 to $5.38-1/4 range, while a break below $5.25 could cause a fall to $5.19-1/4.

Published 22 Jul, 2020 04:39pm

Markets

Japan receives no offers for regular feed-wheat, barley tender

The ministry had sought 80,000 tonnes of feed wheat and 100,000 tonnes of feed barley to be loaded by October 31 and arrive in Japan by Dec. 24 in the tender.

Published 22 Jul, 2020 04:03pm

Pakistan

Minister orders crackdown against wheat hoarders

KARACHI: Sindh Information and Local Government Minister Syed Nasir Hussain Shah has said that there is no shortage...