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As on Apr 19, 2018 12:00 AM Your results on : Pre Session    
Copper Production Guidance for Full Year Narrowed to 1700 Kt By BHP BIlliton
19-Apr-2018 (10:01)
Base Metals Preview: Copper Jumps Near Rs 460 On MCX
19-Apr-2018 (09:53)
Energy Preview: MCX Crude Spurts Near Rs 4500 Level
19-Apr-2018 (09:47)
Precious Metals Preview: Gold Sees Awesome Gains
19-Apr-2018 (09:39)
Economic Buzz: US Business Owners Getting Nervous About Possible Trade War With China
19-Apr-2018 (09:25)
Commodities Buzz: USDA Estimates Flat Canadian Wheat Production In MY 2018/19
19-Apr-2018 (08:56)

As per the latest estimates of United States Department of Agriculture (USDA), Canada's wheat production for MY 2017/18 was down seven percent to 29.98 million metric tons (MMT), on lower durum yields and reduced area seeded to spring wheat (down less than a percent), to durum (down 15 percent) and to winter wheat (down 20 percent). In line with historical rates, 98 percent of all wheat seeded was harvested. Total wheat, spring wheat and durum area seeded in MY 2018/19 are expected to remain below fiveyear averages, but total wheat area is forecast higher, led by a three percent increase in area seeded to spring wheat. Dry conditions in the prairies and lower anticipated returns for lentils and dry peas are expected to drive spring wheat area higher in MY 2018/19, while durum area is forecast flat on weak export demand and relatively soft prices. In MY 2018/19, total wheat production is expected to remain similar to the MY 2017/18 level, as additional spring wheat area and better durum yields offset lower spring wheat yields. While improved wheat genetics helped boost MY 2017/18 yields in regions that received minimal rain during the growing season, high subsoil moisture at planting was critical to realizing superior water use efficiency yield gains. Unless soil moisture conditions improve by planting, MY 2018/19 yields would drop, regardless of genetic improvements in water use efficiency. Approximately 95 percent of the MY 2017/18 Canadian Western Red Spring (CWRS) crop was graded in the top two milling categories. The average CWRS protein level (all grades) was 13.0 percent, slightly below the 13.4 percent ten-year average. CWRS accounts for more than 75 percent of total wheat production in Canada. The Canadian Prairie Spring Red (CPSR) crop exactly matched the 12.1 percent ten-year average. The MY 2017/18 average durum protein level was 13.6 percent, well above the ten-year average of 12.9 percent, with 95 percent of the Saskatchewan crop within the top two grades (well above the ten-year average of 57 percent) and 85 percent of the Alberta crop within the top two grades (up from the five-year average of 71 percent).

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Agri Commodities Preview: Malaysia Palm Oil Production To Increase 21 Million Tons In MY 2018/19
19-Apr-2018 (08:26)
Agri Commodities Preview: ISMA Sees Sugar Glut Intensifying
18-Apr-2018 (09:45)
Energy Preview: Oil Supported On Chinese Economic Cues, MCX Futures Above Rs 4400 Level
18-Apr-2018 (09:40)
Precious Metals Preview: COMEX Gold Lingers Around $1350 Levels
18-Apr-2018 (09:26)
Base Metals Preview: Copper Ends Marginally Higher On MCX
18-Apr-2018 (09:52)
Base Metals Preview: Copper Sees Steady Speculative Demand
17-Apr-2018 (10:05)
Energy Preview: Crude Rebounds After Correction
17-Apr-2018 (09:57)
Indian Rupee: Edges Lower Post An Initial Recovery
17-Apr-2018 (09:57)
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