GRAIN HIGHLIGHTS: Top Stories Of The Day
August 22 2011 - 6:17PM
Dow Jones News
Generally healthy conditions for corn and soybeans were seen in
South Dakota on one leg of the 2011 Pro Farmer Midwest Crop Tour on
Monday.
Ohio Corn, Soybeans Impress US Crop Tour
URBANA, Ohio (Dow Jones)--Scouts on one route of an annual U.S.
crop tour Monday found corn and soybeans in Ohio that showed strong
yield potential despite being planted late.
Syngenta Sues Bunge In Case That Highlights China Corn Demand
Syngenta AG (SYT) has sued grain exporter Bunge Ltd. (BG) over
Bunge's refusal to buy corn containing one of Syngenta's biotech
traits in a dispute that highlights China's growing role in the
world corn market.
US Crop Progress Wrap: Corn, Soy, Wheat Ratings All Decline
CHICAGO (Dow Jones)-- U.S. crop conditions are deteriorating
more than expected as hot, dry weather takes its toll, according to
data released by the government Monday.
STORIES OF INTEREST:
Manitoba Canola Harvest Is 5% Complete, Winter Wheat Done-Government
WINNIPEG (Dow Jones)--Farmers across Manitoba are moving forward
with the early stages of this year's canola harvest, according to
the latest crop report from Manitoba Agriculture, Food, and Rural
Initiatives released Monday.
Hungary 2011 Grain Harvest Rise May Boost Economic Growth
BUDAPEST (Dow Jones)--Hungary's 2011 grain harvest, up in all
major crops when compared with last year, may give a boost to the
country's slowing economic growth in 2011, analysts said.
THE MARKETS:
US GRAIN AND SOY REVIEW: Mostly Higher On Crop Worries, Outside Support
CHICAGO (Dow Jones)--U.S. grain and soybean futures were mostly
higher Monday amid crop worries across the Midwest and outside
market support.
US CASH GRAIN: Corn Basis Sluggish On Approaching Harvest, Weak Demand
CHICAGO (Dow Jones)--The approaching U.S. harvest is keeping a
lid on spot cash corn prices, with export basis levels struggling
to hold steady as futures climbed Monday.
US LIVESTOCK REVIEW: Cattle, Hogs Rise On Broad-Market Rally
CHICAGO (Dow Jones)--U.S. live cattle and lean hog futures both
shrugged off bearish signals on Monday and rose in trading during
broad strength in stocks and commodities.
-By Ian Berry, Dow Jones Newswires; 312-750-4072;
ian.berry@dowjones.com
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