Grain futures traded on Globex overnight were lower at 14:54 GMT Tuesday.
Last Change High Low Volume Mar Corn $6.40 1/2 -3 3/4 6.45 6.39 1/4 8,939 Mar Wheat $6.61 1/4 -7 1/4 6.72 6.58 7,214 Mar Soybeans $12.29 1/2 -3 1/2 12.39 1/2 12.27 12,810 Mar Soymeal $325.7 -1.8 328.7 325.5 4,175 Mar Soyoil $51.94 -0.22 52.27 51.76 9,600 TOP STORIES: Indonesia 2012 Wheat Imports May Rise To 5.8 Mln Tons
JAKARTA (Dow Jones)–Indonesia’s 2012 wheat imports may rise to around 5.8 million metric tons or even higher, compared with 5.2 million tons last year, Fransiscus Welirang, Chairman of wheat flour association Aptindo, said Tuesday.
STORIES OF INTEREST:
USDA Says 20,000 Tons Of Soybean Oil Sold To Morocco In 2011-12
WASHINGTON (Dow Jones)–Private exporters reported to the U.S. Department of Agriculture export sales of 20,000 metric tons of soybean oil to Morocco during the 2011/2012 marketing year.
Japan Seeks 98,552 Tons Wheat For April Shipment – Official
SINGAPORE (Dow Jones)–Japan Tuesday issued a tender to import 98,552 metric tons of milling wheat, a senior government official said.
Paraguay 2011-12 Cereal Exports Seen At Record 2.1M Tons Despite Low Rainfall – FAO
LONDON (Dow Jones)–Paraguay’s cereal exports for the 2011-12 crop year are estimated to reach a record level of 2.1 million metric tons, despite low rainfall and occasional drought affected some growing regions, the United Nations food body warned Tuesday.
China Soybean Futures Rise A Tad On South America Output Worries
BEIJING (Dow Jones)–Soybean futures on the Dalian Commodity Exchange closed marginally higher Tuesday, extending a rally into the second day on mounting worries over South American output.
Russia Buys 12,150 Tons Milling Wheat At Feb 7 Intervention Tender
MOSCOW (Dow Jones)-The Russian government bought 12,150 metric tons of grain at the fifth intervention tender held Feb. 7, comprising 10,800 tons 3rd grade milling wheat and 1,350 tons of 4th grade milling wheat.
THE MARKETS:
US GRAIN AND SOY REVIEW: Wheat Rallies On European Crop Threats
CHICAGO (Dow Jones) – U.S. grain and soybean futures ended mostly higher Monday, with wheat futures rising amid ongoing threats to European crops from freezing temperatures.
-By Rui Videira, Dow Jones Newswires; +44-20-7842-9221; rui.videira@ dowjones.com
(END) Dow Jones Newswires 02-07-121019ET
