AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Thursday.

WHEAT - Up 2 to 3 cents per bushel

Wheat futures inched higher overnight ahead of today's world supply and demand report from the US Agriculture Department.

The report is expected to reflect lower global wheat supply due to diminished yields in the Russian wheat crop, North American drought and delayed harvest across the European Union due to excessive rainfall.

Analysts expect the USDA to peg US 2021/2022 all wheat production at 1.723 billion bushels, down 23 million bushels from its July assessment.

CBOT September soft red winter wheat was last 2-3/4 cents higher at $7.29-3/4 per bushel; K.C. September hard red winter wheat firmed 1-1/2 cents to $7.11-3/4 per bushel, and MGEX September spring wheat added 7-1/4 cents to $9.20-1/4 per bushel.

CORN - Down 1 to 2 cents per bushel

Corn traded near even overnight, awaiting the USDA's supply and demand report.

Analysts expect the USDA to show US 2021/2022 corn production at 177.6 billion bushels, down 1.9 billion bushels from its July report, cutting yield 1.9 bushels per acre to 177.6 bpa.

Brazil's corn production is also expected to drop 4.28 million tonnes to 88.72 million tonnes.

CBOT December corn last traded down 1-1/4 cents at $5.58 per bushel.

SOYABEANS - Down 3 to 5 cents per bushel

Soyabeans eased overnight, pressured by continued rainfall across parts of the US Midwest.

Comments

Comments are closed.