GRAIN HIGHLIGHTS : Top Stories Of The Day
08/10/2012| 09:00am US/Eastern
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Grain futures traded on Globex overnight were mostly higher at 1240 GMT Friday.
Last Change High Low Volume
DEC Corn $8.30 1/4 +6 1/2 8.32 8.23 22614
SEP Wheat $9.20 1/2 +7 1/2 9.22 3/4 9.10 1/4 8292
NOV Soybeans $16.30 1/2 -0 3/4 16.40 16.21 21758
DEC Soymeal $495.8 +1.2 500.3 492.5 5962
DEC Soyoil $53.11 -0.09 53.48 52.86 11874
TOP STORIES:
Pakistan Corn Sales Rise on High Indian Prices; Export Ban Fears
SINGAPORE--Pakistan has sold up to 97,000 metric tons of corn in four cargoes for shipment to Indonesia between August and October, trading executives familiar with the deals told Dow Jones Newswires Friday.
China to Sell Rice, Corn From State Reserves -Grain Administration
BEIJING--China will release some state reserves of rice and corn to meet market demand before the harvest of new crops, the State Administration of Grain said in a statement on its website Friday.
Japan Buys 1,500 Tons Feed Barley in SBS Tender -Official
Japan's agriculture ministry has purchased 1,500 metric tons of feed barley but no wheat in a simultaneous-buy-and-sell tender for bulk shipment by Nov. 30., an official from the Ministry of Agriculture, Forestry and Fisheries said Friday.
Argentina Grain Prices Jump as U.S. Weather Worries Continue
BUENOS AIRES--Argentine grain prices surged again this week as drought worries in the U.S. and tight global supplies continued to push prices to record highs.
MARKETS:
EU Wheat Futures Tick Up Ahead Of USDA Report
1125 GMT [Dow Jones] EU wheat futures are slightly higher ahead of the release of the USDA crop report, because of concerns that crop and inventory estimates could be revised downward more sharply than originally feared, Rabobank says.
Write to Hellen Kaffaf at hellen.kaffaf@dowjones.com
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