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: Chicago Board of Trade corn futures ended firm on Friday after trading both sides of unchanged during the session. Concerns about hot and dry conditions stressing the crop in the western half of the US Midwest throughout its key pollination phase of development supported prices.

The benchmark CBOT December corn futures contract settled up 2-3/4 cents at $6.03-3/4 a bushel. For the week, corn futures fell 3.2%. Corn has fallen in three of the last four weeks.

wheat falls

Chicago Board of Trade soft red winter wheat futures fell 2.3% to their lowest since Feb. 11 on Friday, with improving prospects for a resumption in Black Sea exports from Ukraine weighing on prices for the second day in a row.

For the week, the most-active CBOT soft red winter wheat contract dropped 12.9%, its biggest weekly decline since March 2011.

K.C. hard red winter wheat and MGEX spring wheat futures also posted sharp losses, with K.C. wheat hitting its lowest since Feb. 17.

CBOT September soft red winter wheat futures settled down 18-1/4 cents at $7.76-3/4 a bushel, while K.C. September hard red winter wheat shed 9-1/2 cents to $8.39-1/4 and MGEX September spring wheat was 3-3/4 cents lower at $9.06-3/4. For the week, MGEX spring wheat lost 8.6% and K.C. hard red winter wheat lost 11.2%.

Ukraine is hurrying to clinch a deal with Russia, Turkey and the United Nations next week to export grain via its Black Sea ports, a senior Ukrainian official source said on Friday.

Import groups in the Philippines bought a total of 150,000 tonnes of wheat in two separate deals.

Comments

Comments are closed.