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GRAIN HIGHLIGHTS : Top Stories Of The Day

08/21/2012| 10:32am US/Eastern
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Grain futures traded on Globex overnight were higher at 1344 GMT Tuesday.

 
                   Last        Change   High       Low         Volume 
   Dec Corn        $8.30       +6 1/4   8.31 1/2   8.21 1/2     24532 
   Dec Wheat       $9.08 3/4   +6       9.10       9.00 3/4      8429 
   Nov Soybeans    $17.14     +30 1/2   17.15      16.81        31361 
   Dec Soymeal     $522.8      +10.0    523.4      512.1         7660 
   Dec Soyoil      $55.15      +0.62    55.21      54.27        18375 
 
TOP STORIES 
China Agriculture Imports Surge in July; Metals Beat Expectations 

BEIJING--China's agricultural imports surged in July due to combination of reasons that ranged from stockpiling to weather-related concerns about global supply, providing a bright spot in an otherwise downbeat picture of the country's trade last month.

 
Good Weather Allows Manitoba Harvest to Progress, Report Says 

WINNIPEG, Manitoba--Favorable weather conditions were allowing producers in Manitoba to make good harvest progress, according to the crop report from Manitoba Agriculture, Food and Rural Initiatives for the week ended Aug. 20.

 
North Korea May Lose 700,000 Tons in Crops - Report 

SEOUL (AFP)--North Korea could lose about 700,000 tons of its annual harvest due to a severe drought this spring and early summer, according to a South Korean report published Tuesday.

 
Russia Harvests 47.7M Tons Grain To Aug. 20 

MOSCOW--Russia harvested 47.7 million metric tons of grain to Aug. 20 on 24.1 million hectares, or 54% of the total area to be harvested, with the average yield of 1.98 tons a hectare, the agriculture ministry reported Tuesday.

 
Russia Aug. 1 Grain Stocks At 27.692M Tons, Down On Year 

MOSCOW--Grain stocks in Russia on Aug. 1 totaled 27.692 million metric tons, 14.8% less than on the same date last year, the agriculture ministry reported Tuesday.

 
China NDRC: To Redistribute Import Quotas for Major Agricultural Products 

BEIJING--China will redistribute import quotas for major agricultural products for the rest of this year, the National Development and Reform Commission said in a statement.

Write to Jaya Matta at jaya.matta@dowjones.com

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