GRAIN HIGHLIGHTS : Top Stories Of The Day
07/20/2012| 09:00am US/Eastern
Grain futures traded on Globex overnight were generally higher at 1235 GMT Friday.
Last Change High Low Volume
DEC Corn $7.87 1/2 +9 7.92 7.79 27601
SEP Wheat $9.29 1/4 -5 3/4 9.38 1/2 9.21 8241
NOV Soybeans $16.74 +21 3/4 16.82 3/4 16.45 28725
DEC Soymeal $497.9 +10.6 500.6 484.3 6743
DEC Soyoil $55.20 -0.01 55.51 54.98 9560
Grain, Oilseed Prices to Rise Further on US Drought -Rabobank
CANBERRA--Global grain and oilseed prices-some of which reached record highs Thursday-will rise further in coming months as markets increasingly factor in the full impact of the worst U.S. drought since at least 1988, agricultural lender Rabobank said Friday.
Australia's 2012-13 Wheat Crop Forecast 25 Mln Tons -Rabobank
Australia's 2012-13 wheat crop could yield 25 million metric tons, Rabobank Australia forecast Friday, though concerns voiced this week about dry weather in Western Australia and the three-month rainfall outlook suggest this estimate could be optimistic.
India's New Tax Structure Expected to Slash Imports of Refined Palm Oil
NEW DELHI--India's planned new import tax structure for refined palm oil will raise tax revenue and protect local refiners from a flood of cheaper refined palm oil from Indonesia, industry executives said Friday.
Argentine Soybean Prices Set New Record On Drought Fears In U.S.
BUENOS AIRES--Argentina soybean prices set a new high mark Thursday as drought in the U.S. continued to scorch crops and stoke worries over global supply.
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