AGL 40.10 Increased By ▲ 0.10 (0.25%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.83 Increased By ▲ 0.15 (2.25%)
CNERGY 4.63 No Change ▼ 0.00 (0%)
DCL 9.05 Increased By ▲ 0.11 (1.23%)
DFML 43.51 Increased By ▲ 1.82 (4.37%)
DGKC 84.05 Increased By ▲ 0.28 (0.33%)
FCCL 33.17 Increased By ▲ 0.40 (1.22%)
FFBL 77.40 Increased By ▲ 1.93 (2.56%)
FFL 11.51 Increased By ▲ 0.04 (0.35%)
HUBC 110.40 Decreased By ▼ -0.15 (-0.14%)
HUMNL 14.72 Increased By ▲ 0.16 (1.1%)
KEL 5.38 Decreased By ▼ -0.01 (-0.19%)
KOSM 8.37 Decreased By ▼ -0.03 (-0.36%)
MLCF 39.83 Increased By ▲ 0.04 (0.1%)
NBP 61.03 Increased By ▲ 0.74 (1.23%)
OGDC 201.50 Increased By ▲ 1.84 (0.92%)
PAEL 26.72 Increased By ▲ 0.07 (0.26%)
PIBTL 7.89 Increased By ▲ 0.23 (3%)
PPL 160.85 Increased By ▲ 2.93 (1.86%)
PRL 26.60 Decreased By ▼ -0.13 (-0.49%)
PTC 18.57 Increased By ▲ 0.11 (0.6%)
SEARL 82.26 Decreased By ▼ -0.18 (-0.22%)
TELE 8.27 Decreased By ▼ -0.04 (-0.48%)
TOMCL 34.50 Decreased By ▼ -0.01 (-0.03%)
TPLP 9.16 Increased By ▲ 0.10 (1.1%)
TREET 17.20 Decreased By ▼ -0.27 (-1.55%)
TRG 61.30 Decreased By ▼ -0.02 (-0.03%)
UNITY 27.55 Increased By ▲ 0.12 (0.44%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 10,557 Increased By 150 (1.44%)
BR30 32,067 Increased By 353.6 (1.11%)
KSE100 98,306 Increased By 977.3 (1%)
KSE30 30,558 Increased By 365.3 (1.21%)

Chicago Board of Trade wheat futures rose more than 3 percent Tuesday on technical buying, including short-covering, and uncertainty about the size of the US winter wheat crop as an annual crop tour began scouting fields in top producer Kansas, traders said. Chicago Board of Trade July wheat futures settled up 18-3/4 per bushel at $5.29-1/4, after reaching $5.30, its highest since March 2.
K.C. July hard red winter wheat ended up 15-1/2 cents at $5.53 a bushel and MGEX July spring wheat rose 8 cents at $6.23-1/2. Funds hold a net short position in CBOT wheat futures, leaving the market vulnerable to bouts of short-covering. Traders await results of the Wheat Quality Council's annual Kansas wheat tour, which began scouting fields on Tuesday.
The USDA late Monday rated 33 percent of the US winter wheat crop in good to excellent condition, up from 31 percent a week earlier. The USDA said the US spring wheat crop was 10 percent seeded by Sunday, behind the five-year average of 36 percent.

Copyright Reuters, 2018

Comments

Comments are closed.