GRAIN HIGHLIGHTS : Top Stories Of The Day
05/18/2012| 05:35pm US/Eastern
Recommend:
TOP STORIES:
CFTC AGRICULTURE: Managed Funds Trim Length In CBOT Soybeans
Money managers reduced length in Chicago Board of Trade soybean futures, government data showed Friday, as investors reduced risk across broader asset classes.
STORIES OF INTEREST:
US May Gain In E Asia Soymeal Market As India Ships More To Iran
The U.S. may capture additional share in East Asia's soymeal market because of India stepping up sales to Iran, industry and trade executives said Friday.
CFTC Approves Expanded Grain Trading Hours Starting Sunday
The Commodity Futures Trading Commission has approved CME Group Inc.'s (CME) proposal to expand electronic grain futures trading to 21 hours a day, up from the current 17-hour schedule, the exchange announced Friday.
THE MARKETS:
US GRAIN AND SOY REVIEW: Wheat Futures Soar To 8-Month High
CHICAGO (Dow Jones)--U.S. wheat futures surged to an eight-month high, capping a dramatic rise this week fueled by concerns about dry weather in key global production regions including the Great Plains and the former Soviet Union.
US LIVESTOCK REVIEW: Beef, USDA Report Fire Up Cattle; Hogs Choppy
CHICAGO (Dow Jones)--The spring grilling season is lighting a fire under cattle futures.
EU Wheat Settles At 11-month High On Weather Woes
LONDON (Dow Jones)- European wheat futures soared Friday to close at their highest point in 11 months, as extreme weather in the former Soviet Union boosted sentiment, while Chicago also added support as the U.S. market responded to domestic dryness concerns.
-By Owen Fletcher, Dow Jones Newswires; 312-750-4120; owen.fletcher@dowjones.com
Recommend :
