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GRAIN HIGHLIGHTS : Top Stories Of The Day

05/22/2012 | 04:56pm US/Eastern

TOP STORIES:

Brazil's Next Soybean Crop Could Exceed 80 Mln Tonnes - Agroconsult

Brazil's soybean crop next year could top 80 million metric tons, as high international prices encourage a surge in planted acreage, while weather likely improves, closely watched research firm Agroconsult said Tuesday.

STORIES OF INTEREST:

Commodities Market Impact Weather: Mixed Midwest Scenario

A mixed scenario for the Midwest, late-season heat stress in the Southern Plains, a beneficial trend over the Northern Plains, a stressful pattern in the southern U.S., more cool weather in the Canadian Prairies, an improved prospect for rain in the Black Sea crop regions, more focus for heavy rain in central China, a delayed start to the India monsoon, and a continued chance for rain in eastern Australia are the main weather items for the commodity trade's attention Tuesday.

Denmark Forms Agriculture Bank To Help Ailing Farmers, Small Banks

The Danish government is set to establish a bank to fund cash-strapped farmers and help the ailing agricultural sector through the economic crisis, the Danish Ministry for Business and Growth said Tuesday.

MARKETS

US GRAIN AND SOY REVIEW: Corn, Soy Tumble; Improve Weather Outlook

CHICAGO (Dow Jones)--U.S. corn and soybean futures tumbled Tuesday on improved weather outlooks for the crops.

-By Andrew Johnson Jr, Dow Jones Newswires; 312-347-4604; Andrew.johnsonjr@dowjones.com

(MORE TO FOLLOW) Dow Jones Newswires

05-22-12 1655ET

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