date:Jun 16, 2014
supply Gulf exporters traded up to 75 cents over futures on Friday due to tight spot supplies, traders said. China's move to scrap its annual stockpiling of soyabeans could pave the way for liberalisation of corn trade, which could bolster imports in coming years, the founder of China's New Hope Group said.
Hard and soft red winter wheat basis offers at the Gulf were quietly steady with traders content to let the drop in futures this week uncover more business. A tender by Egypt's GASC this w