Trends - Wheat - Business Recorder

Wheat

South Korea’s NOFI tenders for up to 60,000 T feed wheat, traders say

HAMBURG: Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up...

Published 22 Jan, 2025 12:47pm

Wheat sector: Govt fast-tracks deregulation under IMF terms

Ministry of National Food Security and Research announces plans to organize a “National Workshop on Deregulating the Wheat Sector” to develop a comprehensive strategy

Updated 22 Jan, 2025 03:28pm

Business & Finance

Workshop on ‘Deregulating Wheat Sector’ on 24th

ISLAMABAD: Under the leadership of Federal Minister Rana Tanveer Hussain and the guidance of Federal Secretary, the...

Published 22 Jan, 2025 06:06am

Markets

Japan offers to buy 126,893 tons of food wheat via tender

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 126,893 metric...

Published 21 Jan, 2025 02:51pm

Markets

Russian wheat export prices hit by competitive global market

MOSCOW: Russian wheat export prices declined last week in the face of competitive offers from other global ...

Published 21 Jan, 2025 06:12am

Markets

Group in Thailand bought some 195,000 T feed wheat, traders say

HAMBURG: The TFMA group of animal feed importers in Thailand is believed to have purchased around 195,000 metric...

Published 17 Jan, 2025 11:43am

Markets

Corn hovers near 13-month high as drought grips Argentina

CANBERRA: Chicago corn futures eased on Thursday, but remained close to a 13-month high on the US government...

Published 16 Jan, 2025 12:38pm

Markets

French wheat export forecast held at lowest this century

PARIS: Farm office FranceAgriMer on Wednesday kept its monthly forecast for 2024/25 French soft wheat exports ...

Published 16 Jan, 2025 03:04am

Markets

Russian wheat export prices flat; analysts expect shipments decline

MOSCOW: Russian wheat export prices have remained almost unchanged since the beginning of the year, with trading...

Published 14 Jan, 2025 03:12am

Markets

EU wheat eases to three-week low

PARIS: Euronext wheat edged down on Friday to a three-week low as export competition hung over the market, despite...

Published 12 Jan, 2025 02:44am

Markets

Euronext wheat rebounds as USDA data sparks grain rally

PARIS: Euronext wheat rebounded in late trading on Friday as US government crop estimates triggered a broad rally in...

Published 12 Jan, 2025 02:44am

Markets

India’s rice stocks hit record high, wheat reserves deplete

MUMBAI: India’s rice stocks hit a record high at the start of January, reaching eight times the government’s target,...

Published 10 Jan, 2025 03:17pm

Markets

Chicago soyoil hits five-week high on clean fuel tax credit hopes

BEIJING: Chicago soyoil futures rallied to a five-week peak on Friday and were on course for a 9.9% weekly jump,...

Published 10 Jan, 2025 10:38am

Markets

Soybeans rise for fourth session on Latam dryness, corn down

SINGAPORE: Chicago soybean futures gained more ground on Friday, with the market on track for a second week of gains...

Published 03 Jan, 2025 10:51am

Markets

EU wheat holds firm at six-month top on weak euro, Russia supply risks

PARIS: European wheat futures rose for a fourth straight session on Thursday to a new six-month high as further...

Published 03 Jan, 2025 05:54am

Markets

Egypt receives its first imported wheat shipment

CAIRO: Egypt’s state grain buyer, Mostakbal Misr for Sustainable Development, received its first imported wheat...

Published 02 Jan, 2025 05:56am

Markets

EU wheat posts yearly gain as Russia supply uncertainty grows

PARIS: European wheat futures extended gains on Tuesday to post an annual rise, supported by year-end strength in US...

Published 01 Jan, 2025 03:03am

Markets

Soy, wheat, corn set for second annual drop despite late gains

PARIS/SINGAPORE: Chicago soybean, wheat and corn futures were set for second straight annual declines on Tuesday as...

Published 01 Jan, 2025 03:03am

Markets

Corn prices near six-month high on strong demand; wheat rises

SINGAPORE: Chicago corn futures gained further on Monday, after hitting six-month highs in the previous session, on...

Published 30 Dec, 2024 10:47am

Markets

Algerian wheat buy in tender seen at 630,000 tonnes

HAMBURG: Algeria’s state grains agency OAIC is believed to have purchased around 630,000 metric tons of milling...

Published 29 Dec, 2024 02:48am

Markets

Chicago wheat ticks up on Algeria purchase, tight supply

BEIJING: Chicago wheat gained on Friday, underpinned by a big purchase from Algeria and tight global supply, while...

Published 27 Dec, 2024 11:32am

Markets

EU wheat lower in light trade ahead of Christmas break

PARIS: European wheat fell slightly in thin trade on Tuesday as traders were adjusting positions ahead of the...

Published 26 Dec, 2024 06:11am

Markets

Chicago corn edges up on worries about Argentina dryness

BEIJING: Chicago corn ticked up on Monday on concern over dryness in Argentina, where corn planting is underway,...

Published 23 Dec, 2024 11:07am

Markets

German farmers plant more winter wheat, rapeseed for 2025 crop

HAMBURG: Germany’s winter wheat sown area for the 2025 harvest has been increased by 12.3% on the year to about ...

Published 22 Dec, 2024 02:57am

Markets

Strong US dollar pushes wheat closer to four-year lows

CANBERRA: Chicago wheat futures edged higher on Friday, but were set for a 3.5% weekly drop, pressured by a firmer...

Published 20 Dec, 2024 11:09am

Markets

Japan offers buys 77,220 tons of food wheat via tender

TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 77,220 metric tons of...

Published 19 Dec, 2024 02:09pm

Markets

16.5m acres target surpassed: Punjab farmers bring 16.7m acres under wheat crop sowing

LAHORE: Farmers in the province have brought 16.7 million acres of land under wheat sowing, surpassing the target of...

Published 19 Dec, 2024 08:24am

Markets

Chicago wheat futures firm

CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over...

Published 19 Dec, 2024 05:57am

Markets

Russian production downgrade steadies wheat after 4-day losing streak

CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over...

Published 18 Dec, 2024 10:51am

Markets

France sees soft wheat sowing rebounding after rain relents

PARIS: France’s farm ministry on Tuesday estimated that planting of the country’s main wheat crop for the 2025...

Published 18 Dec, 2024 06:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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