GRAIN HIGHLIGHTS : Top Stories Of The Day
07/19/2012| 09:21am US/Eastern
Grain futures traded on Globex overnight were higher at 1302 GMT Thursday.
Last Change High Low Volume
DEC Corn $7.85 +1 7.98 7.76 1/2 37005
SEP Wheat $9.12 1/4 +9 9.21 1/4 8.96 1/2 10118
NOV Soybeans $16.45 +25 16.51 1/4 16.13 1/2 36726
DEC Soymeal $489.8 +10.8 491.0 476.4 10438
DEC Soyoil $55.29 +0.44 55.55 54.65 13438
Morgan Stanley Ups Grain, Soybean Price Forecasts Due To US Drought
LONDON--Morgan Stanley (>> Morgan Stanley) said Thursday it had increased its corn, soybean and wheat price forecasts due to drought broadening across the U.S., as the market begins to appreciate that yields will register well-below trend.
Taiwan Mills Buy 43,500 Tons US Wheat From United Grain
The Taiwan Flour Millers' Association Thursday purchased 43,500 metric tons of U.S. wheat from United Grain Corp. for Sept. 3-17 shipment, trading executives said.
No Major Improvement in Monsoon Rains Seen Except for Central India -Official
NEW DELHI--The amount of monsoon rainfall in India is unlikely to improve significantly in the next few days except in the oilseed-growing central region, a senior weather official said Thursday.
Indonesia Astra Agro Sells 8,000 Tons CPO Thursday
Indonesia's PT Astra Agro Lestari (>> PT Astra Agro Lestari Tbk) said in a statement Thursday that it sold 8,000 metric tons of crude palm oil offered in an auction.
US Corn, Soy Set Record Highs Overnight
8:32 EDT - US corn and soybean futures soared to record highs overnight.
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