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GRAIN HIGHLIGHTS : Top Stories Of The Day

05/24/2012| 11:06am US/Eastern
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Grain futures traded on Globex overnight were higher at 1433 GMT Thursday.

 
                   Last        Change   High       Low         Volume 
   Jul Corn        $6.07 1/2   +4       6.09       6.03        12423 
   Jul Wheat       $6.74 1/2   +9       6.76       6.67 1/2    13355 
   Jul Soybeans    $13.81 1/4  +18 3/4  13.87 3/4  13.67 1/2   17668 
   Jul Soymeal     $411.8      +6.0     414.3      406.1        7223 
   Jul Soyoil      $49.43      +0.52    49.70      49.09       19513 
 
TOP STORIES: 
 
Argentina: Still Discussing Some GMO Corn Export Issues With China 

Argentina government officials are still trying to resolve differences with China's Ministry of Agriculture over some strains of genetically modified corn that are impeding the passage of Argentine corn exports to China, Agriculture Minister Norberto Yauhar said Thursday.

 
State Trading Corp Receives 6 Bids For Wheat Exports - Officials 

State Trading Corp. of India (512531.BY) has received six bids in response to a tender to export wheat from government stocks, two executives at the state-run trading company said Thursday.

 
MARKETS: 
 
US WHEAT: Trading Higher On US Weather Woes, Good Export Data 

CHICAGO (Dow Jones)--U.S. wheat futures are trading higher Thursday morning, boosted by worries about hot, dry weather in the southern Great Plains and by strong export-sales data.

 
US CORN: Trading Up On Gains In Wheat, Soy; Weather Uncertainty 

CHICAGO (Dow Jones)--U.S. corn futures are trading higher Thursday morning, boosted by higher wheat and soy prices and by uncertainty about weather conditions for the U.S. corn crop.

-By Simon Varcoe, Dow Jones Newswires; 4420-7842-9449; simon.varcoe@dowjones.com

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