GRAINS & AGRICULTURAL COMMODITIES - Yesterday's NEWS & HEADLINES recap
CBOT: Grains rally seems to end on rain hopes in Midwest
Russia: exportable surplus of 11-15 MMT depending on 2012 harvest according to Reuters quoting a government source
Global trade: Saudi Arabia issued a tender to buy 275,000 tons of Hard Wheat. Algeria bought up to 500,000 tons of milling wheat at $345/ton C&F
Brazil: 12MMT of corn exportable this year
India: Japanese Grain output may fall 8% because of weak Monsoon according to bank Nomura