AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

Winnipeg Commodity Exchange canola futures were mainly higher on Tuesday following stronger US markets despite a Statistics Canada report that pegged canola area above expectations, traders said. Canola settled $1 per tonne higher to 50 cents lower, with July up 60 cents at $372.60 and November up 60 cents at $393.80.
"The report had no bearing at all," a canola trader said. Statscan said canola plantings were a record 14.586 million acres, above average trade ideas of 14.3 million acres but down slightly from Statscan's March intentions of 14.8 million acres. Saskatchewan said its canola crop was rated 77 percent in good to excellent condition with 64 percent at or ahead of normal development.
"The crop is getting made as we speak," a trader said. Light commercial demand and only light farmer selling continued to support canola, along with firm Chicago Board of Trade soya. July soyabeans were up 2-3/4 US cents per bushel to US $8.07 and July soyabean oil was down 0.10 US cent per lb at 34.98 US cents.
An estimated 1,698 July/November spreads traded from $21.20 to $21.80, 102 November/January from $8.30 to $8.80 and 113 January 2008/November 2008 at $6. Canola volume was an estimated 7,391 contracts, down from a total of 10,494 on Monday.
Barley futures were higher on a lack of selling following the Statscan report, which estimated barley plantings of 10.863 million acres, down from trade estimates of 11.5 million acres. October barley ended $2.50 per tonne higher at $170.50 and December was up $1.70 at $173.
Corn has started to become a more attractive option for feed rations with the recent run-up in barley prices, reining in gains somewhat, a trader said. An estimated 122 October/December spread traded from $2 to $3. Barley volume was an estimated 350 contracts, down from 598 on Monday.

Copyright Reuters, 2007

Comments

Comments are closed.