US FOB Gulf soyabean and corn basis offers were lower on Tuesday following declines in the CIF market amid ample supplies and lower barge freight. Traders said hard and soft red winter wheat values were

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Top global steel maker Mittal is in talks to buy 49 percent of China's Baotou Iron & Steel (Group) Co Ltd, two sources close to the deal said on Wednesday, marking the latest in a

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Corn futures at the Chicago Board of Trade ended firm on Tuesday on a late spate of fund buying when neighbouring soy futures began moving well above their day's lows, traders said. Corn traders said

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The Russian government has bought 1,649,570 tonnes of grain in 35 days of intervention tenders to prop up prices, including 810 tonnes of wheat on Wednesday, the last trading day this year, the National Mercantile

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Pakistan edible oil prices were stable in the past week amid thin trade ahead of the end-year period, dealers said. "Everything is quiet," said Akbar Puri, chief executive of brokerage firm Jaleel Brothers. "The volumes

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Kenya's 2005 tea output is expected to hit a record high of 328 million kg due to better rainfall in major growing areas, the Tea Board said on Wednesday. It said the industry, Kenya's biggest

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Spot basis bids for hard red winter wheat held steady Wednesday, with farmer selling picking up amid higher prices, merchants said. "They are selling some. We're seeing more movement," said an Oklahoma merchant. The increased

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Spot basis bids for corn and soyabeans were mostly unchanged in the US Midwest Wednesday as the market remained quiet following the Christmas holiday. Dealers reported scattered sales throughout the region. But the warm weather,

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Wheat futures on the Chicago Board of Trade closed higher on Tuesday on technical buying by commodity funds that lifted prices to new two-month highs, traders said. Expectations of fresh buying by index funds in

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Firm trend was seen on the forward cottonseed oilcake market on Wednesday as some needy buyers were active to meet the near-term demand, dealers said. The January vaida commenced higher at Rs 447.50. Later, it

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