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Agri News

November, 2015

  • 21 November

    Canadian canola falls

    ICE Canadian canola fell on Wednesday to a two-month low in the key contract, pressured by weaker soyabeans. Low margins for crushers and an uptick in farmer selling to cash markets may also have weakened prices, a trader said. January canola lost $3.10 at $467.10 per tonne, touching the contract’s …

  • 21 November

    US FOB Gulf soyabeans export premiums fall

    Export premiums for soyabeans shipped from the US Gulf Coast were eased on Wednesday in tandem with sinking CIF barge basis values and a slowdown in buying of Gulf shipments by top importer China, traders said. Demand from China has slowed in recent weeks as crush margins there have narrowed. …

  • 15 November

    Punjab declares 10-year wheat seed replacement plan

    The Punjab on Thursday declared its massive wheat seed replacement plan, spanning a decade, to multiply it’s per acre yield by almost three times — from current just under 30 maunds up to 80 maunds. According to departmental statistics, it has already transported over 70,000 bags and the rest 30,000 …

  • 11 November

    Canadian canola dips ahead of USDA report

    ICE Canadian canola dipped on Monday, under pressure from weaker soy prices and soft demand, ahead of a monthly US crop report. Traders squared positions before Tuesday’s release by the US Department of Agriculture of its supply and demand report. Canola seen with negative price bias through end of 2015 …

  • 11 November

    US FOB Gulf soyabean premiums higher

    Export premiums for soyabeans shipped from the US Gulf Coast were unchanged to slightly higher on Monday, underpinned by steady demand and firmer CIF barge basis values, traders said. Nearby CIF soyabean basis bids at the Gulf rose by 1 cent to 3 cents per bushel on Monday afternoon on …

  • 11 November

    Palm oil rises on European vegoils market

    Palm oil on the European vegetable oils market rose on Monday due to a weak ringgit that boosted Malaysian palm oil futures. “The market was slow today without many leads to work with, except currencies. The weak ringgit underpinned palm oil futures, but limited gains on the European cash market …

  • 11 November

    Technology Leaders: CIO Fauji Fertiliser named Premier 100 honouree

    IDG’s Computerworld announced Dr Mukhtar Hussain, Chief Information Officer (CIO) Fauji Fertiliser Company Ltd, as a 2016 Premier 100 Technology Leaders honouree. This year’s Premier 100 spotlights 100 leaders from both the technology and business sides of companies for their exceptional technology leadership and innovative approaches to business challenges. According …

  • 11 November

    Global water conference in Karachi from November 17

    In order to identify avenues of integration, innovation and inclusion to ensure water security and sustainable water for all in Pakistan, Hisaar Foundation is organising global water conference titled “Securing Sustainable Water for All: Inclusion, Integration and Innovation” to be held on November 17 and 18, 2015 in Karachi. The …

  • 11 November

    South African drought follows third-driest season in 80 years

    The sugar-growing South African province of KwaZulu Natal is the driest it has been in over a century, according to data provided on Tuesday by the South African Weather Service, underscoring the scale of a drought scorching Africa’s most advanced economy. The drought, seen worsening due to an El Nino …