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DJ GRAIN UPDATE: e-CBOT Mixed Overnight(Comtex Business Via Thomson Dialog NewsEdge)Mar 21, 2006 (Dow Jones Commodities News via Comtex) --(Dow Jones)--Grain futures traded on the overnight e-CBOT were mixed Tuesday at 1238 GMT. Last Change High Low Volume May Corn $2.18 -1/4 2.18 3/4 2.17 3/4 1847 May Wheat $3.50 3/4 +1/2 3.51 1/2 3.50 3/4 421 May Soybeans $5.73 1/4 +3/4 5.75 5.73 776 May Soymeal $173.60 +0.30 174.00 173.30 43 May Soyoil 22.80c -0.11 23.02 22.80 198 TOP STORIES: Iraq's Australian Wheat Deal Not Yet Complete - Grain Bd LONDON (Dow Jones)--The Grain Board of Iraq said Tuesday a planned purchase of 500,000 metric tons of Australian wheat hasn't been completed, as it is awaiting non-AWB Ltd. (AWB.AU) suppliers to submit a price. Commodities Market Impact Weather: Rain, Snow For Plains OMAHA (Dow Jones)--Rain and snow in the central and southern Plains, with mixed effect on conditions for crops and livestock, the prospect of very cold temperatures for early spring in the central U.S. during the rest of this week, and varying impact from thunderstorms in much of Brazil's soybean areas are the main weather items for the commodity trade's attention Monday. Argentina's 05-06 Soybean Crop 3.9% Collected - Exchange BUENOS AIRES (Dow Jones)--Farmers in Argentina had harvested 3.9% of the 2005-06 soybean crop by Saturday, the Buenos Aires Cereals Exchange reported Monday. Brazil Govt Puts 2005-06 Soy At 57.2 Million Tons - Conab SAO PAULO (Dow Jones)--Brazil's National Commodities Supply Corp., or Conab, said Monday that Brazil should harvest 57.2 million metric tons of soybeans in 2005-06, revising their January estimate down by 1.7% from 58.17 million tons. STORIES OF INTEREST: South Korea's KFA Buys 220,000 MT US Feed Corn SINGAPORE (Dow Jones)--The Korea Feed Association bought 220,000 metric tons of U.S.-origin feed corn from trading house Cargill in a tender concluded Tuesday, said an official with the association. South Korea's MFIG Seeks 60,000 MT U.S. Corn In Tender SINGAPORE (Dow Jones)--South Korea's Members Feed Industry Group, or MFIG, is seeking 60,000 metric tons of U.S.-origin corn in a tender to be concluded on Wednesday, a group official said Tuesday. Indonesia's Astra Agro Sells 5,000 MT CPO At Auction Tue JAKARTA (Dow Jones)--Indonesia's PT Astra Agro Lestari (AALI.JK) sold 5,000 metric tons out of 5,750 tons of crude palm oil offered in an auction, the company said Tuesday. Indonesia's PTPN Sells 3,750 MT CPO At Auction JAKARTA (Dow Jones)--Indonesia's PT Perkebunan Nusantara said it sold all 3,750 metric tons of crude palm oil offered in a government auction Tuesday. Drought Seen Bigger Threat To Texas Wheat Than Wildfires CHICAGO (Dow Jones)--Despite large-scale wildfires that have scorched hundreds of thousands of acres in the Texas Panhandle, a lack of moisture remains the major threat to the state's hard red winter wheat crop, agronomists said. Argentina's Jan Soy Crush Up 19% from Yr Ago - Ag Sec BUENOS AIRES (Dow Jones)--Argentina's soybean crush totaled 2,371,186 metric tons in January, up 19.4% from 1,986,404 a year earlier, the latest Agriculture Secretariat data show. H5N1 Bird Flu Expected In US This Year WASHINGTON (Dow Jones) - Top Bush administration officials Monday predicted that the deadly H5N1 avian influenza strain will likely be found entering the U.S. as early as this year. Grains Mtg: Govt Policy Key For Canadian Biodiesel Growth WINNIPEG (Dow Jones)--Government policy will play a key role when it comes to developing a biodiesel industry in Canada, the president of the Canadian Bioenergy Corp. said Monday at the Canada Grains Council annual meeting. FOCUS: UK Fertilizer Indus Shuts Down On Record Gas Price LONDON (Dow Jones)--U.K. fertilizer producers closed plants and reduced output last week as surging natural gas prices raised costs to unmanageable levels, causing some managers to contemplate moving their businesses abroad. US Customs Certifies CWB As Partner In Anti-Terror Program WINNIPEG (Dow Jones)--The Canadian Wheat Board has become a certified partner of a program involved in the fight against terrorism, according to a press release Monday. Ukraine Ag Minister Sees 2006 Wheat Harvest 13M Tons,Dn 30% MOSCOW (Dow Jones)--Ukraine's wheat harvest this year is likely to fall by about 30% on the year to 13 million metric tons in clean weight, the agriculture ministry's press service said Monday, quoting Agriculture Minister Alexander Baranovsky. Denmark Confirms Nine More Cases Of H5N1 Bird Flu COPENHAGEN (AP)--Denmark confirmed nine more cases of birds infected with bird flu of the H5N1 type Monday, four days after the deadly strain was first detected in the country. THE MARKETS: CBOT Corn Review: Retreats; Spec Selling Still In Command CHICAGO (Dow Jones)--Chicago Board of Trade corn futures carved out new lows for the current move, stumbling to their lowest levels in two months on Monday, as speculative sellers continue to dictate price direction. CBOT Soy Review: Speculative Sales Pressure Beans, Oil Speculative sales pressured soy complex futures at the Chicago Board of Trade Monday, thwarting an early rally attempt, as the market was led down by losses in soyoil. CBOT Wheat Review: Down On Moisture In US Central Plains CHICAGO (Dow Jones)--U.S. wheat futures ended moderately lower Monday, falling after weekend rainfall in the U.S. Central Plains and snow falling in Kansas Monday added moisture, floor sources said. -By Lisa Kallal; Dow Jones Newswires; (4420) 7842 9415; [email protected] (END) Dow Jones Newswires 03-21-06 0746ET |