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| 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. |
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977-01-4466477 
