Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Daily Foreign Transactions
by ruwan326 Today at 7:17 am

» EAST looks promising
by prabath Yesterday at 7:15 pm

» CTCE share holders get 1000 per share
by prabath Yesterday at 7:14 pm

» What companies to consider?
by mark Yesterday at 4:25 pm

» How to pick winning stocks by analysis not through predictions and gossip news-1
by ruwan326 Sat Jul 21, 2018 9:12 pm

» six-rules-to-follow-when-picking-stocks
by ruwan326 Sat Jul 21, 2018 8:59 pm

» MARKET CRASH - GUARANTEED
by samaritan Sat Jul 21, 2018 11:45 am

» BPPL going to be a gem
by ruwan326 Fri Jul 20, 2018 8:23 pm

» Sri Lankan shares close at 3-week high; Keells leads
by Miss-Sangeetha Fri Jul 20, 2018 7:40 pm

» expo.. @4.00
by Sameerad Fri Jul 20, 2018 12:26 pm

» ASI And The Future of Investors
by ruwan326 Fri Jul 20, 2018 9:45 am

» Keells Foods net profit grows 34-pct in June quarter, revenues up
by DS Wijesinghe Thu Jul 19, 2018 10:26 pm

» LAST CHANCE TO BUY ALHP BELOW 1.30
by ruwan326 Thu Jul 19, 2018 9:05 pm

» LDEV GEARING UP
by ruwan326 Thu Jul 19, 2018 8:56 pm

» World Bank and Dept. of Commerce elevate Sri Lanka int’l trade to global info platform
by ruwan326 Thu Jul 19, 2018 7:19 pm

» Market will be Green today
by ruwan326 Thu Jul 19, 2018 6:52 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Political and Socio-Economic Analysis » U.K. Wheat Exports Rise to 10-Month High as Prices Slump

U.K. Wheat Exports Rise to 10-Month High as Prices Slump

Go down  Message [Page 1 of 1]

VALUEPICK

avatar
Expert
Expert
http://www.bloomberg.com/news/articles/2016-02-12/u-k-wheat-exports-rise-to-10-month-high-as-prices-slump


  • May feed-wheat contract is at a record discount to corn

  • Sales to Spain, Algeria boosted exports by 12%: customs data

U.K. wheat exporters are finally seeing signs of business picking up.
Falling grain prices and a weaker pound are making U.K. wheat more competitive, a turnaround from earlier in the season when sellers struggled to compete in a global market awash with grain. Shipments climbed to more than 250,000 metric tons in December, the highest in 10 months, according to customs data distributed Thursday by the Agriculture & Horticulture Development Board.
“We’ve definitely seen a bit of a pickup,” Helen Plant, a senior analyst at the AHDB in Kenilworth, England, said by phone. “Competitiveness may have continued into January. We will see, but it’s a bit more promising.”

Feed-wheat futures traded in London have tumbled to the lowest since 2010 after bumper harvests in the last two seasons left a grain surplus 24 percent larger than last year, according to government estimates. Exports in December rose 12 percent from a year earlier, bolstered by sales to Spain, Algeria, the Netherlands and Tunisia, customs data show.

The drop in prices widened the discount of British wheat relative to corn, which can be used as a substitute in livestock feed. May feed-wheat futures are 21.6 euros ($24.35) cheaper than June corn futures on Euronext in Paris, the cheapest ever for those contracts, according to Bloomberg calculations.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum