GRAIN HIGHLIGHTS : Top Stories Of The Day
04/20/2012| 04:52pm US/Eastern
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TOP STORIES:
Canola Acres Seen As Main Feature In StatsCan Acreage Survey
The first planting survey report for 2012 that will be released Tuesday by Statistics Canada is expected to show Canadian farmers intend on seeding a record amount of area to canola.
STORIES OF INTEREST:
S Korea Starts Corn Imports For November Arrival; $276.97/Ton, C&F
Major Feedmill Group has this week purchased a 69,000-metric-ton, optional origin cargo of corn from commodity processing and exporting giant Cargill Inc. at $276.97/ton, basis cost and freight, for arrival by Nov. 5, trading executives said Friday.
THE MARKETS:
US GRAIN AND SOY REVIEW: Soybean Futures Jump To New 7-Month High
U.S. soybean futures surged to close at a more than seven-month high Friday, supported by renewed concerns about lower South American supplies and growing Chinese demand.
US LIVESTOCK REVIEW: Cattle Fade Ahead Of USDA Reports; Hogs Tumble
CHICAGO (Dow Jones)--U.S. live cattle futures finished the week mostly lower as early-session gains succumbed to pressure from a looming pair of government supply reports and a slow-down in wholesale beef prices.
-By Owen Fletcher, Dow Jones Newswires; 312-750-4120; owen.fletcher@dowjones.com
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