Showing posts with label Shortages. Show all posts
Showing posts with label Shortages. Show all posts

Wednesday, March 7, 2018

International Wheat Market Report 7th March 2018


LAHORE: The falling inflows in River Jhelum, the country’s biggest reservoir, are likely to create water shortages for the current cash crop of wheat, officials said on Monday. 

The inflow of River Jhelum, which originates from Indian Held Kashmir, dipped below 2,000 cusecs during the last couple of days, pointing to the alarming situation as far as meeting irrigation requirements of the country is concerned. 

The recorded volume of Jhelum inflow was 1,917 cusecs and 2,043 cusecs respectively in the last two days (February 18 and 19, 2018) against average five times higher flows recorded in the last decade (2009-2017), a senior official of the Ministry of Water Resources has said. 

The water inflow was recorded at 14,762 cusecs on February 19, 2017 whereas it was 11,718 cusecs on the corresponding day in 2016. 

In fact, the average inflows during this time of year in the recorded history have been around 10,000 cusecs. The lowest recorded inflow of River Jhelum in the last decade on this day was 9,473 cusecs on February 19, 2014. With just 0.7 million acre feet (MAF) left in Tarbela and Mangla Dams, water managers are already in dire situation as ...... Read More
http://par.com.pk/report/81696

Monday, February 26, 2018

International Wheat Market Report 26th February 2018





Wheat futures settled as much as a penny higher in CBT, with MPLS and KC wheat down 1 to 2 1/4 cents. All wheat export sales totaled 328,859 MT during the week that ended Feb 15. That was a 5.7% increase over the previous week but down 27.1% from the same time last year. New crop sales were tallied at 53,600 MT. Sales of 150,000 MT were reported to the Philippines. The USDA released a projection of 47.4 bpa for the US national yield, up from 46.3 bpa last year. The 18/19 carry out is expected to be trimmed 78 mbu from 17/18 to 931 mbu.
http://par.com.pk/report/81430