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Friday, April 27, 2012

Agrimoney Evening Round-up

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Evening round-up
Huge corn deal, US frost send grain prices soaring
Soybeans top $15 a bushel for the first time since 2008, and corn and wheat post large gains, on hefty US exports, and fears of frost damage to crops
http://www.agrimoney.com/news/huge-corn-deal-us-frost-send-grain-prices-soaring--4457.html

Fertilizer market revival brings Yara record month
The nitrogen giant underscores the rebound in fertilizer demand by revealing its best-ever month in Europe, quelling disappointment at a profits fall
http://www.agrimoney.com/news/fertilizer-market-revival-brings-yara-record-month--4456.html

Pilgrim's Pride returns to profit, lifting shares
The broiler meat producer says volatility in commodity prices "must be considered the norm" as it unveils its first quarterly profit in a year
http://www.agrimoney.com/news/-pilgrims-pride-returns-to-profit-lifting-shares--4458.html

Rains boost hopes for French and UK grain harvests
French barley and soft wheat are now in better condition than a year ago, while UK grains are in "very good" health
http://www.agrimoney.com/news/rains-boost-hopes-for-french-and-uk-grain-harvests--4459.html

Ros Agro reveals huge bet on rising sugar prices
The Russian farming giant carried over four times as much sugar into 2012 as a year before, fleeing the weak prices which depressed group profits
http://www.agrimoney.com/news/ros-agro-reveals-huge-bet-on-rising-sugar-prices--4454.html

Firm crop exports fuel talk of estimate upgrades
The US may be underestimating its corn and soybean shipments this year, analysts say - before even factoring in Friday's huge export sales
http://www.agrimoney.com/news/firm-crop-exports-fuel-talk-of-estimate-upgrades--4455.html

Morning markets: soaring soybeans brush away Spain downgrade
Soybean futures return to the fore, boosted by strong US export data. Corn recovers from early losses too, helped by "clock-watching" speculators
http://www.agrimoney.com/marketreport/morning-markets-soaring-soybeans-brush-away-spain-downgrade--1583.html

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