GRAIN HIGHLIGHTS : Top Stories Of The Day
05/04/2012| 09:34am US/Eastern
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Grain futures traded on Globex overnight were higher at 1253 GMT Friday.
Last Change High Low Volume
Jul Corn $6.16 1/2 +2 6.17 1/2 6.13 1/2 4749
Jul Wheat $6.20 1/4a +5 6.20 3/4 6.17 4382
Jul Soybeans $14.79 3/4 +6 1/4 14.81 1/4 14.72 7473
Jul Soymeal $429.4 +3 429.8 425.2 3697
Jul Soyoil $54.22b +0.06 54.40 54.12 9512
TOP STORIES:
Asia Grain Outlook: Wheat Prices May Fall Further On Ample Supply
Asian wheat prices may fall next week due to ample supply in major exporting countries and favorable weather during ongoing planting and ahead of harvest in the U.S., trade participants said Friday.
China To Ask Buyers Of Distiller's Dry Grains To Report Imports
China's Ministry of Commerce said Friday that it will ask importers of distiller's dry grains to report information about shipments, expanding its monitoring of imports of agricultural commodities.
India Looking To Export 10 Mln Tons Of Wheat From Federal Stocks - Officials
NEW DELHI (Dow Jones)--India is exploring the possibility of exporting as much as 10 million metric tons of wheat from federal stocks to free up storage space before the next crop is harvested, senior government officials said Friday.
Argentina Soybeans Ease On Lower Global Futures Prices
BUENOS AIRES (Dow Jones)--Argentine grain prices eased slightly this week on weakness overseas and slack demand from local buyers.
Kansas Tour Pegs State's Winter Wheat Yield At 49.1 Bushels/Acre
KANSAS CITY, Mo. (Dow Jones)--The Kansas winter wheat crop is likely to yield 49.1 bushels an acre, results from an annual crop tour showed Thursday.
MARKETS:
US GRAIN AND SOY REVIEW: Soybeans Slump On Technically Based Chart Weakness
CHICAGO (Dow Jones)--U.S. soybean futures fell Thursday, slumping to one-week lows as technical chart weakness damped optimism that a four-month-long rally could extend its upward course near term.
By Iman Dawoud; Dow Jones Newswires; +44 207 842 9344; iman.dawoud@dowjones.com
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