GRAIN HIGHLIGHTS: Top Stories Of The Day

Date : 05/01/2012 @ 4:27PM
Source : Dow Jones News
Stock : Archer-Daniels-Midland Company (ADM)
Quote : 42.45  -0.17 (-0.40%) @ 4:57PM

GRAIN HIGHLIGHTS: Top Stories Of The Day

Archer Daniels (NYSE:ADM)
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Crop scouts on one northern leg of an annual Kansas wheat tour saw adequate moisture and good yield potential Tuesday.

STORIES OF INTEREST:

Commodities Market Impact Weather:Widespread Midwest Rain 

OMAHA (Dow Jones)--Widespread Midwest rainfall, additional rainfall in the Southern Plains, favorable moisture in the Northern Plains, possible showers in the Southeast, cooler conditions in Brazil, a dry week for harvest in Argentina, dryness remaining in Ukraine, timely rainfall in the former New Lands region and a favorable moisture pattern in China are the main weather items for the commodity trade's attention Tuesday.

USDA Says 110,000 Tons Of HRW Wheat Sold To Saudi Arabia In 12-13 

WASHINGTON, (Dow Jones)--Private exporters reported to the U.S. Department of Agriculture the following activity: Export sales of 110,000 metric tons of hard red winter wheat for delivery to Saudi Arabia during the 2012/2013 marketing year.

USDA Says 110,000 Tons Of Soybeans Sold To China In 12-13 

WASHINGTON, (Dow Jones)--Private exporters reported to the U.S. Department of Agriculture the following activity: Export sales of 110,000 metric tons of soybeans for delivery to China during the 2012/2013 marketing year.

MARKETS

US GRAIN AND SOY REVIEW: Corn Futures Slip On Swift Planting Pace 

CHICAGO (Dow Jones)--U.S. corn futures prices dipped Tuesday, as a swift planting pace raises hope for U.S. corn inventories to double in the next year.

-By Andrew Johnson Jr, Dow Jones Newswires; 312-347-4604; Andrew.johnsonjr@dowjones.com

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