Wheat futures saw 2 to 4 cent losses in most contracts on the day. All wheat weekly export sales are expected to be tallied at 200,000-400,000 MT for old crop, with new crop seen at 50,000-250,000 MT during the week of 3/22. Last week’s....... Read Morehttp://par.com.pk/report/82312
Wheat futures were 4 to 6 cents lower in the CBT and MPLS contracts, with KC down 9 to 11 cents. Export Inspections of all wheat during the week that ended March 22 were 278,815 MTs. That was 41.49% lower....... Read Morehttp://par.com.pk/report/82236
All wheat export sales were reported at 265,208 MT during the week of 3/15, on the high end of most analysts’ expectations. That is 62.9% larger than last week’s total, but still 36.6% smaller that this time last year. New crop sales.... Read Morehttp://par.com.pk/report/82195
Wheat futures settled with fractional gains in most SRW contracts, while the KC HRW and MPLS HRS were 3 to 5 cents lower. The 7 day QPF shows rain in a large part of the Southern plains over this weekend into next ..... Read More http://par.com.pk/report/82133
Lahore: The country is expected to harvest a bumper wheat crop of around 26 million tons during the current season – a figure, albeit a little short of annual target, is the highest ever – as increased fertiliser offtakes offset the low acreage impact. The News surveys with farmers and agriculture experts across Punjab found that this year’s crop output may be close to 26 million tons against the target of 26.46 million tons despite lower acreage, water shortage and late sowing associated with marketing-related issues of sugarcane and cotton crops. “If proven right, it will be the record output of wheat ever harvested in the country,” a senior official said. The expected crop production is equal or near to what was forecast by Food and Agriculture Organisation of the United Nations (26 million tons) and United States Department of Agriculture (26.5 million tons). Agriculture experts termed the highest fertiliser consumption as a major factor behind the healthy crop outlook. Fertiliser offtake offset negative impact of low acerage this year, they said. Above-average temperature and lingering water shortage are, however, still a source of concern for the farmers who fear that production might be hurt if the trend continues in the coming days. ..... Read More http://par.com.pk/report/81974
Wheat futures were 1 to 6 cents higher in most CBT and KC contracts, as nearby March expired today. MPLS was down 3 to 6 1/4 in most months. The 2018 planted wheat acreage number for the US is expected to hit ...... Read More http://par.com.pk/report/81946
Wheat futures settled with fractional to 2 cent gains in most CBT and KC contracts. MPLS was 6 to 8 cents higher with soon to expire. Winter wheat conditions in OK (+15) and TX (+18) improved over the past week to 208 and ....... Read More http://par.com.pk/report/81866
Wheat futures were 1 to 5 cents in the green in most CBT and MPLS contracts today. KC was fractionally to a penny lower in most contracts. The USDA put wheat old crop export sales for the week of...... Read More http://par.com.pk/report/81780
Wheat futures were 5 to 9 cents lower in most contracts on Wednesday. A few forecasts are showing rain chances across the Southern Plains in the next couple weeks. The 7-day QPF is dry. Analysts are expecting world ending stocks at.......Read More
http://par.com.pk/report/81740
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
Wheat futures ended Thursday with strong gains going into close, as money coming out of the stocks market was looking for a home. CBT and KC were 20 to 22 3/4 cents higher in the nearby contracts, as MPLS was up 10 to 14 cents. The weekly US Drought Read More........
http://par.com.pk/report/81591
Wheat futures led the way on Wednesday, as most nearby HRW and SRW contracts saw sharp gains, with MPLS 9 to 13 cents in the green. Over the month of February, nearby KC was up 8.77%, with CBT gaining 7.25%. Minimal chances for
