TOP STORIES: Rice Futures Climb Daily 50c Limit On Thailand Flood Damage
CHICAGO -(Dow Jones)- U.S. rice futures surged Monday on increasing fears that severe flooding will cause significant crop losses in Thailand, the world's top exporter of the grain.
STORIES OF INTEREST: Moroccan Rainfall To Boost Wheat Plantings
LONDON (Dow Jones)--Morocco's main wheat planting areas have started to receive rainfall Monday, which should boost cultivation of the winter crops, Jim Dale, a senior risk meteorologist at the British Weather Services (BWS), told Dow Jones Newswires Monday.
UK Crop Body Welcomes Chinese Government Crackdown On Fake Pesticides
LONDON (Dow Jones)--The U.K. Crop Protection Association Monday welcomed the recent pledge by the Chinese government to stamp out illegal manufacturing and trade in counterfeit pesticides.
Commodities Market Impact Weather: Mixed Midwest Harvest Pattern
OMAHA (Dow Jones)--A mixed Midwest harvest pattern, light rain in the southwestern Plains, improving trends in the southeastern U.S., favorable moisture in Argentina, variable showers in Brazil, showers across central China, additional cold in Ukraine, and late-season rain forming in Western Australia are the main weather items for the commodity trade's attention Monday.
THE MARKETS: US GRAIN AND SOY REVIEW: Climb On Broad Based Rally
CHICAGO (Dow Jones)--U.S. grain and soybean futures ended mostly higher Monday on broad based buying of commodities and equities.
US CASH GRAIN: Soy Basis Stay Firm; Light Farm Sales
CHICAGO (Dow Jones)--Cash basis levels for soybeans in the U.S. stayed strong Monday on a continued lack of selling by farmers.
ICE Canada Review: Canola Narrowly Mixed, Lags Beans
WINNIPEG (Dow Jones)--ICE Futures Canada canola contracts closed narrowly mixed Monday, lagging the CBOT soy complex to the upside as early buying interest backed away.
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