Grain futures traded on Globex overnight were higher at 14:06 GMT Friday.
Last Change High Low Volume
May Corn $6.38 1/4 +0 3/4 6.41 3/4 6.37 3/4 5,027
Jul Wheat $6.45 +0 1/2 6.48 1/4 6.44 1/4 7,016
May Soybeans $14.42 1/4 +1 1/4 14.47 3/4 14.37 1/2 9,870
May Soymeal $394.8 +0.2 396.5 393.4 2,929
May Soyoil $56.91 -0.32 57.21 56.69 11,434
ICE To Test CME's Dominance
IntercontinentalExchange Inc. (ICE) plans to launch challengers to the corn and wheat futures contracts that have for decades been the preserve of Chicago's big exchanges.
STORIES OF INTEREST:
Argentina Soy Up Again On Worries Over South American Crops
Argentine soybean prices jumped again this week on a tailwind from the continued global rally due to worries over South American crop output and strong demand from China.
India Won't Ban Chickpea, Rapeseed Futures Trade Immediately - Officials
India won't ban futures trading in chickpea, rapeseed and some other agricultural commodities despite a price surge, but will tighten controls to check speculative trading, two government officials said Friday.
Zimbabwe Faces 1 Million Ton Corn Deficit After Poor Harvest
HARARE, Zimbabwe (AFP)--Zimbabwe will suffer a one million metric ton corn deficit due to drought, after nearly half of the national crop now coming up for harvest has failed, state media said Friday.
USDA Says 165,000 Tons Of Soybeans Sold To China In 12-13
WASHINGTON (Dow Jones)--Private exporters reported to the U.S. Department of Agriculture export sales of 165,000 metric tons of soybeans to China during the 2012/2013 marketing year.
Japan Seeks 86,000 Tons Wheat, Barley In April 27 SBS Tender - Official
SINGAPORE Dow Jones--Japan's agriculture ministry is seeking 54,000 metric tons of food wheat, 26,000 tons of food barley and 6,000 tons of malting barley in a sell-buy-sell tender, a government official said Friday.
Kazakhstan April 1 Grain Stocks -9.1% On Month At 16.105M Tons
MOSCOW (Dow Jones)--Grain stocks in Kazakhstan on April 1 totaled 16.105 million metric tons, 9.7% less than on March. 1, the national statistics agency reported Friday.
ICE Says New Grain Contracts Driven By Non-Speculative Participants
CHICAGO (Dow Jones)--IntercontinentalExchange Inc.'s (ICE) launch of new grains futures contracts was driven by interest from non-speculative market participants such as grain handlers and farmers, an exchange executive said Thursday.
Soy Futures Hit New 7-Month Closing High
CHICAGO (Dow Jones)--U.S. soybean futures closed at a fresh seven-month high Thursday, boosted by optimism about export demand and favorable outside markets.
-By Rui Videira, Dow Jones Newswires; +44-20-7842-9221; firstname.lastname@example.org