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wheat supply

There’s no wheat shortage, Senate told

ISLAMABAD: The caretaker government has claimed that 7.2 million metric tonnes of wheat stocks are currently...

Published 28 Nov, 2023 04:56am

Markets

Axle load ‘restriction’: Wheat supply from Karachi ports stopped

KARACHI: The delivery of imported wheat from Karachi Port Trust and Port Qasim has been stopped on Saturday to other...

Updated 15 Oct, 2023 05:40pm

Opinion

Wheat import: doors not closed yet

Pakistan is the 7th largest wheat producer in the world but, with respect to yield the country stands at 37th rank....

Published 28 Jun, 2023 06:31am

Business & Finance

Flour millers assured that there will be smooth supply of wheat

KARACHI: Sindh government has assured the flour mills for uninterrupted supply of wheat grains from next week to...

Published 06 May, 2023 06:23am

PFMA for procuring wheat from open market

LAHORE: The Pakistan Flour Mills Association (PFMA) has warned of taking extreme measures if the mills were not...

Updated 05 May, 2023 08:59am

Business & Finance

KP flour millers for lifting ban on wheat movement from Punjab

PESHAWAR: Flour millers in Khyber Pakhtunkhwa demanded to lift an unconstitutional and illegitimate ban on wheat...

Published 04 May, 2023 04:26am

Flour millers give strike call

KARACHI: Flour millers have announced a strike for an indefinite period from today (Wednesday) due to the non-supply...

Updated 03 May, 2023 08:49am

Non-supply of wheat: Flour millers warn of a ‘serious’ crisis

KARACHI: Pakistan Flour Mills Association (PFMA) has warned of a serious wheat crisis as the flour mills are not...

Updated 30 Apr, 2023 09:30am

Wheat price decision: LHC puts its weight behind caretaker govt

Says fixing of wheat price was within the jurisdiction and powers of the government

Updated 25 Apr, 2023 09:09am

Business & Finance

Punjab flour millers announce strike

LAHORE: The Punjab Flour Mills Association has announced to go on strike from Monday (today) against the suspension...

Published 13 Feb, 2023 05:57am

Pakistan

AJK to release Rs14bn to PASSCO for buying wheat

ISLAMABAD: The government of Azad Jammu and Kashmir (AJK) has decided to release Rs14 billion to the Pakistan...

Published 17 Jan, 2023 06:02am

Punjab govt decides to give 21,000MTs of wheat to Balochistan

LAHORE: Punjab Chief Minister Chaudhry Parvaiz Elahi has announced to give 21,000 metric tons of wheat to...

Updated 14 Jan, 2023 08:49am

Business & Finance

Over 8.664m tons of wheat available for domestic consumptions

ISLAMABAD: Strategic wheat stocks of the country are recorded at 8.644 million tons, which are sufficient to tackle...

Published 25 Sep, 2022 06:01am

ECC allows TCP to import 0.3m tons of urea on G2G basis

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the Trading Corporation of Pakistan...

Updated 09 Sep, 2022 09:35am

Markets

Call for wheat support price that’s acceptable to farmers

ISLAMABAD: Experts, on Saturday, stressed upon the need for fixing the minimum support price of wheat before sowing...

Published 21 Aug, 2022 06:14am

Markets

Wheat supply from Punjab: KP flour mills warn to launch movement against illegal ban

PESHAWAR: Flour millers in Khyber Pakhtunkhwa have warned they will launch a protest movement, if the illegal ban on...

Published 01 Jun, 2022 06:46am

World

World Bank says Ukraine war may prompt grain shortages in poor countries

WASHINGTON: The World Bank on Wednesday said a number of developing countries face near-term wheat supply shortages...

Published 16 Mar, 2022 09:40pm

BR Research

Wheat productivity at par with the world?

Since at least 1970s, Pakistani farmers have grown wheat over 80 percent of available cultivated area in the ...

Published 10 Feb, 2022 10:13am

Markets

Wheat set for second weekly gain on global supply concerns

Crop concerns in North America, Russia and EU support wheat prices
Corn little changed and soybeans firm
Markets await Aug. 12 USDA supply/demand forecasts

Published 06 Aug, 2021 06:16pm

Markets

EU crop monitor cuts 2021 yield forecasts for nearly all crops

That would be 2.9% above the average EU soft wheat yield of the past five years, the MARS service said in a report.
The forecast EU rapeseed yield was lowered to 3.19 t/ha from 3.26 t/ha in March.

Published 26 Apr, 2021 08:43pm

Markets

Britain's wheat imports set season low in February

Wheat imports for the month totalled 94,956 tonnes, down from 106,531 tonnes in January and the lowest monthly total so far for the 2020/21 season, which runs from July to June.
A slowdown had been expected following the expiration of a transitional trade agreement between Britain and the European Union at the end of 2020.

Published 13 Apr, 2021 07:41pm

Markets

EU wheat exports slacken as importers juggle with Russian supply

Brisk sales of EU wheat earlier in the July-June season, including large volumes of French wheat for China and German wheat for Algeria, had fuelled talk of tight stocks after a smaller harvest last summer.
Russia's decision to tax wheat exports from mid-February, to help cool local prices, was then expected to bring further demand for EU wheat, but prospects have instead dimmed.

Published 09 Apr, 2021 09:04pm

Markets

Tunisia tenders to buy 75,000 tonnes soft wheat

The wheat is sought in three 25,000 tonne consignments for shipment between May 15 and June 25 depending on origin supplied.
The agency said in the tender it reserves the right to buy 10% more or less than 75,000 tonnes.

Published 07 Apr, 2021 07:04pm

BR Research

Credit roots of wheat crisis

The central bank has announced revisions to its framework for bank financing for private sector wheat procurement....

Published 07 Apr, 2021 07:30am

Markets

EU wheat slips to one-month low as supply worries ease

PARIS: Euronext wheat fell to a one-month low on Tuesday as improved US crop ratings and a lull in export demand for...

Published 18 Mar, 2021 03:56am

Markets

EU wheat slips to one-month low as supply worries ease

Front-month May milling wheat on Euronext was down 1.50 euros, or 0.7%, at 221.50 euros ($263.34) a tonne .
The contract earlier fell to 220 euros a tonne, its weakest since Feb. 15 and just below a previous one-month low touched on Monday.

Published 16 Mar, 2021 09:26pm

Markets

Wheat down 5-10 cents, corn down 2-4 cents, soy down 4-6 cents

Wheat futures retreating from 2-1/2-week highs as traders await crop damage assessments from a cold weather snap in US Plains.
Most-active CBOT March soft red winter wheat dropped below its 10-day and 20-day moving averages during overnight trading.

Published 17 Feb, 2021 08:13pm

Markets

EU 2020/21 soft wheat exports 15.81 million tonnes by Feb. 7

That was down from 18.86 million tonnes cleared by the same week last season, the data showed.
Since Jan. 1, the European Comission's data has covered the EU's 27 countries only, whereas previous figures up to Dec. 31 covered both the EU-27 and Britain.

Published 08 Feb, 2021 09:31pm

Markets

EU wheat steady as Russia export tax, USDA report in focus

March milling wheat on Paris-based Euronext was unchanged on the day at 224.75 euros ($270.22) a tonne.
The front-month contract was consolidating after falling to a three-week low of 221.25 euros on Wednesday.

Published 05 Feb, 2021 09:20pm

Markets

Russia to introduce formula-based wheat export tax on June 2

Moscow Exchange to compile exporters' prices from April 1.
Formula-based tax to start on June 2 and be permanent.
Exports of barley, corn will be subject to the tax too.

Updated 04 Feb, 2021 11:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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