AGL 39.10 Increased By ▲ 0.56 (1.45%)
AIRLINK 129.40 Decreased By ▼ -0.10 (-0.08%)
BOP 5.73 Increased By ▲ 0.12 (2.14%)
CNERGY 4.00 Increased By ▲ 0.14 (3.63%)
DCL 8.78 Increased By ▲ 0.05 (0.57%)
DFML 41.25 Decreased By ▼ -0.51 (-1.22%)
DGKC 89.15 Increased By ▲ 0.85 (0.96%)
FCCL 35.34 Increased By ▲ 0.34 (0.97%)
FFBL 66.75 Decreased By ▼ -0.60 (-0.89%)
FFL 10.88 Increased By ▲ 0.27 (2.54%)
HUBC 108.95 Increased By ▲ 0.19 (0.17%)
HUMNL 14.79 Increased By ▲ 0.13 (0.89%)
KEL 4.80 Increased By ▲ 0.05 (1.05%)
KOSM 7.07 Increased By ▲ 0.12 (1.73%)
MLCF 43.00 Increased By ▲ 1.35 (3.24%)
NBP 60.00 Increased By ▲ 0.40 (0.67%)
OGDC 178.90 Decreased By ▼ -4.10 (-2.24%)
PAEL 26.18 Decreased By ▼ -0.07 (-0.27%)
PIBTL 5.98 Increased By ▲ 0.01 (0.17%)
PPL 147.00 Increased By ▲ 0.30 (0.2%)
PRL 23.75 Increased By ▲ 0.14 (0.59%)
PTC 16.65 Increased By ▲ 0.09 (0.54%)
SEARL 70.30 Increased By ▲ 2.00 (2.93%)
TELE 7.28 Increased By ▲ 0.05 (0.69%)
TOMCL 35.96 Increased By ▲ 0.01 (0.03%)
TPLP 8.11 Increased By ▲ 0.26 (3.31%)
TREET 14.62 Increased By ▲ 0.42 (2.96%)
TRG 50.70 Increased By ▲ 0.25 (0.5%)
UNITY 27.10 Increased By ▲ 0.35 (1.31%)
WTL 1.26 Increased By ▲ 0.05 (4.13%)
BR100 9,861 Increased By 55.4 (0.57%)
BR30 29,728 Increased By 49.8 (0.17%)
KSE100 92,858 Increased By 554 (0.6%)
KSE30 28,954 Increased By 113.8 (0.39%)

US FOB offers for soft red winter wheat rose for a second day on Friday on good export demand coupled with difficulty drawing out replacement supplies from farmers and elevators due to high transportation costs and recent declines in grain prices, traders said. Corn and soybean export premiums were unchanged and have moved little this week.
Recent drops in ocean freight and grain prices spurring export demand. US corn export sales hit a nine-week high last week. Soyabeans at a five-week high. Wheat sales down but running 9 percent ahead of five-year average. US exports sales of corn, soyabeans and wheat were expected to remain strong next week but traders are keeping any eye on the quick pace of corn and wheat shipments.
China seeking more soyabeans for shipment from the Gulf in November and December, traders said on Friday. Japan pricing US corn for November and December shipment. US farmers are having an easy time obtaining credit to fund their operations despite the turmoil affecting world financial markets, the second-largest farm group said Friday. Argentina authorised 227,500 tonnes of additional 2007/08 corn for export after farmers declared more stock, the state agency ONCCA said on Friday.

Copyright Reuters, 2008

Comments

Comments are closed.