Wheat, Uses, History, Online Trading, Export, Import
image
Ndex
An ISO 9001:2008 Certified Exchange


Nepal Derivative Exchange Ltd.
Call Us 5199421/5199422  
image HomeTerms & ConditionsFaqsSite Map
 
image
image   image
Media Center More »
image   image
image   image
What's New More »
About Trade Authorization - 2014-05-13
Read More

image   image
image   image
Download NDEX Terminal  
Download TWS Demo Download TWS LIVE
image   image
image   image
Professional Clearing Members  
NCCPI nefdm
image   image
image   image
Banking Partner  
Nepal Investment Bank Ltd.
Nepal Investment Bank Ltd.
Century Bank
image   image
image   image
Calendar  
Nepal Investment Bank Ltd.
image   image
image   image
Wheat Home » Wheat
 History

Wheat hybridization occurs naturally and through human assistance. Wheat has been practiced since people first selected the biggest seeds that were easiest to thresh and stored them for planting. In a formal sense, favorable characteristics such as disease resistance, large kernels, short straw, and cold hardiness are selected in two parent wheat, which are then crossed to form a hybrid

Characteristics


Wheat is a cereal grain that belongs to the grass family of the genus Triticum. A dry, one seeded fruit named kernel is obtained from this spiky grass like grain, which is ground to make flour and is consumed throughout the world as one of the most important staple food. It is the second largest cereal grain consumed on earth. Wheat is important especially for making breads and other bakery products as it has got the maximum number of glutens as compared to any other grain. This crop is also grown as a forage crop for the livestock.

Wheat requires a cooler weather and a good level of moisture in the early plantation period and once the grain is formed, it needs a warmer weather to dry up. That is why the best-suited climate needed for the wheat crop to prosper is the temperate climate.

Uses


Wheat is a globally important source of dietary carbohydrate (starch) and protein (gluten). Its grain is a staple food used to make flour for leavened, flat and steamed breads, biscuits, cookies, cakes, breakfast cereal, pasta, noodles etc and for fermentation to make beer, alcohol, vodka, or biofuel. It is also used for feeding animals to a limited extent

Export and Import


The world production of wheat figures over 680 million tons (2009-10 figures) annually. The largest producer of wheat in the world is the European Union followed by China, India and United States of America. These four producers contribute to around 60% of the total production. The consumption of wheat in the world is a huge 650 million tons (2009-10 figures) but is successfully kept satisfied with an equally high production figures
Wheat is a stable crop in many countries and hence its consumption is directly proportional to the population growth. Consumption has been constantly increasing during the last 10 years with the increase in population, and alarmingly, the consumption is prepared to shoot up further and is expected to reach up to 775 million tons in 2020. Mostly, it is imported by China, Belarus, Brazil, Thailand, Indonesia and Mexico.

Factors Affecting
  • Weather conditions
  • Government policies and regulations
  • Prices fluctuations of the competitive and substitute products
  • Season of harvesting and peak season
  • Technological improvements
  • Crop size
  • World demand for wheat
Why trade wheat through NDEX:

Contract size: Regular (30,000 kg)
Low transaction cost: Fixed spread of NPR 0.03 Per 1 KG
Generous leverage: On all products that are clearly detailed on the trade.
Initial margin: Rs.40000 (Regular)
Hedging capability: Can take long or short position from same account
Months: Feb, Apr, Jun, Jul, Aug, Nov
Season: Early Spring

Trading time:

Daily Open Time 1st session-4:45:00 2nd session-20:15:00
Daily Close Time 1st session-17:59:59 2nd session-23:59:59

Conclusion


Ongoing wheat research and technological developments continue throughout the world. New wheat foods emerge weekly. Nutrition research continues to support wheat's role as a food staple. Wheat components, such as fiber, starch, and gluten, are used in a wide variety of food products and pharmaceuticals. Wheat holds an important food-security role in a growing world population.
image   image
image
image
       
Logo
Copyright © 2009 Nepal Derivative Exchange Ltd. All Rights Reserved.
Home || Career || Privacy Policy || Faqs || Site Map || Disclaimer || Email Disclaimer
Company
Vision & Mission
Benefits of Trading
Associations
Market Operations
Trading and surveillance
Trading Time
Delivery
Clearing and Settlement
Risk Management
Knowledge Center
Derivatives
Fundamental/Technical Analysis
What is Exchange?
What are commodities?
Related Websites