The acreage commitments will be key as they relate to soybeans as many analysts indicate a possible reduction in bean acres in lieu of more corn and wheat acres. Traders indicate they expect trade to be quiet for the next couple of days as they anticipate the release of the USDA acreage report on Friday morning. Reports of a drought in China's top corn and soybean producing region may last another week and could trim grain production, agriculture officials in Beijing said on Wednesday....

NEW YORK Commodities prices slumped across the energy, metals and agricultural markets Tuesday, led by declines in crude oil, gold and grains. In the agricultural markets, corn, soybeans and wheat all declined after a report by the Department of Agriculture showed better-than-expected progress in plantings and crop conditions, particularly in corn. Farmers had 92 percent of the expected corn acreage planted by May 20, compared with a five-year average of 86 percent at the same point. In...

Farmers and custom cutting crews made considerable wheat harvest progress over the last week, but remain well behind the normal pace for this time of year, according to Monday's USDA-NASS Crop Progress report. Wheat harvest remains behind pace; status quo for corn, soybean conditions. Corn and soybean crop conditions were unchanged and slightly improved, respectively, from the previous week. Other crop conditions, including for cotton, sorghum, oats and barley, were at or near the levels...

Gov't cites low production cost & rising global prices for finished product helping boost country's crushing output -- 991,620 mt of Malaysian palm oil exports during June acc. to Intertek ship surveyor -- Suez Canal at standstill as officials for the canal authority say bulk cargo ship breaks down impeding other ships in the canal. No timeframe was given to clear the backlog of ships -- Dalian Soybean futures closed higher; higher closes for soymeal & soyoil overnight as well. High global...

The USDA forecast of 64m acres for soybeans was significantly belowestimates which ranged between 66m to 69m acres. A look at the ten major S&P 500 sectors reveals that utilities, whichis interest rate-sensitive,fell 5.3 per cent this month and was also the only leading group to record a negative return, down 1.1 per cent, for the second quarter. And in perhaps the most telling share price move last week, units of buyout giant, Blackstone Group, dropped more than16. That narrowing is...

Honeybees relied upon to pollinate millions of acres of almonds, apples, oranges and other crops have suddenly died or disappeared, potentially threatening food production and highlighting agriculture's dependence on a single source of pollination. apples and blueberries, half of the peaches and 25 percent of the orange crop, Johanns said. Bee deaths may cause $75 billion in losses . Chicago Tribune. The USDA's estimate of potential indirect losses is based on an economic multiplier that...