Satellite and text messages: Pakistani farmers' new irrigation tools

It is still beyond farmer Mohammad Ashraf’s comprehension that people in Islamabad can predict that it will rain in the next two days in his village. He is also astonished that, based on this prediction, they can tell him how much he should water his rice and sugarcane plantations.

“I marvel at this science of being able to predict something that is unknown and in God’s hands,” says the 36-year-old farmer. Read More

Cotton prices today

Sindh Cotton Market Updates:

Yesterday 15/1/2014 Sindh cotton market was also stable. Upper sindh cotton was traded at the  price range of 7000-7100 per maund. Phutty was traded at 2900-3050 per maund. Lower Sindh cotton was traded in the price range of  5800-6800 per md. while phutty was traded at 2000-2500 per maund.

Sugar Mill in Pakistan 

Karachi Stock Exchange (KSE) Listed Sugar Mills Report:(Click on Link)

Soybean oil in Pakistan 

BMD CPO May Rebound on CBOT Soy; MYR2,450-MYR2,500/Ton Band:

BMD CPO futures may reverse losses and nudge up at the start of trading on Wednesday, helped by higher CBOT soy futures due to weather concerns in Argentina, a major soy producer. Both palm and soyoil compete for similar export markets. Still, gains are likely to be subdued given concerns about sluggish export demand for palm oil, says a Kuala Lumpur-based broker, who tips trade in a MYR2,450-MYR2,500/ton band today. Benchmark March CPO ended MYR23 lower at MYR2,494/ton Monday. Malaysian markets were closed Tuesday for a public holiday.