GRAIN HIGHLIGHTS : Top Stories Of The Day
06/29/2012| 10:31am US/Eastern
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Grain futures traded on Globex overnight were higher at 1400 GMT Friday.
Last Change High Low Volume
Dec Corn $6.38 1/4 +6 6.55 6.22 74916
Dec Wheat $7.47 3/4 +1 3/4 7.63 7.40 26206
Nov Soybeans $14.22 1/2 +19 14.36 14.01 51983
Dec Soymeal $414.5 +3.7 420.7 408.3 10616
Dec Soyoil $52.38 +0.65 52.97 51.61 17797
TOP STORIES:
Coceral Cuts EU 2012-13 Wheat Output View 1% To 125.51M Tons
Coceral said Friday it had downwardly revised its estimate for the European Union's 2012-13 soft wheat production by 1.25 million metric tons, to 125.51 million tons.
UK Wheat Crop Has Good Yield Potential, Weather Critical - HGCA
The U.K.'s wheat crop still has a good yield potential but weather over the next four weeks will be critical as plants move into an important growing phase, the Home Grown Cereals Authority said Friday, with disease pressure remaining high due to June's wet conditions.
Japan Buys 94,831 Tons Wheat, Barley In SBS Tender -Official
Japan's agriculture ministry purchased 49,460 metric tons of food wheat, 40,371 tons of food barley and 5,000 tons of malting barley in a sell-buy-sell tender, a government official said Friday.
MARKETS:
U.S. CORN: Futures Climb on Drought, Dollar; Mixed Views on USDA
CHICAGO--U.S. corn futures are higher Friday on hot, dry weather forecasts and a weaker dollar, while traders have mixed views of a morning government report on stockpiles and acreage.
U.S. SOY: Soybeans Rise; Eyeing Yield Threats Due To Weather
CHICAGO - U.S. soybean futures are higher, as traders reestablish bullish bets in the market, continuing to factor in the risk of lower crop yields due to stressful Midwest weather.
Write to Nina Bains at nina.bains@dowjones.com
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