NEWS
Pakistan Buys Australian Canola
Tue Jan 29, 2013 10:08 AM CST

SINGAPORE (Dow Jones) -- Pakistan is buying canola seed from Australia at a higher price after Ukraine's shipment to Pakistan was canceled due to tight supply and cold weather, trading executives in Singapore and Karachi said Tuesday.

"At least one cargo of around 40,000 metric tons that was scheduled for shipment from Ukraine was canceled because heavy snowfall in the Black Sea region has hampered movement of commodities from countryside to ports," said a Karachi-based importer.

Pakistani buyers had contracted Ukrainian canola seed around $637/ton, basis cost and freight, importers said.

Traders in Singapore said an Australian cargo will be ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Canola New-Crop Basis Widens