Quoteworthy:
We have seen the strongest short covering rally since the January report in the grains today
- Darrell Holaday, Country Futures
Tues 9th February 2010
Latest
Potash groups break deadlock over China supplies

North American producers agree their first deal to supply China in nearly two years, but fail to reveal whether they achieved a high price

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Rain could nurture shock in key US crops report
Disease threats may lead Washington not to lift estimates for South American soy crops as investors expect, a leading analyst says
 'Firm' palm oil market to drive wave of plantings
Palm oil prices are likely to remain firm in 2010, encouraging Indonesian palm oil groups to "expedite" new plantations, Fitch says
Ethanol to save India sugar mills from 2011 slump
Mills are likely to suffer a squeeze on margins next year as sugar prices decline. But prospects for ethanol operations look good, Fitch says
Forecast of bigger deficit revives sugar price
Sugar, which lost 12% last week, recovers more than 2% on Monday after Kingsman says global stocks will be "extremely tight" into 2011
Run of upgrades for Brazil crops comes to a halt
US foreign staff leave their estimate for Brazil's corn harvest at 51.0m tonnes, on the eve of Washington's much-watched world crop report
Chicken revival drives Tyson to 17-month high
Shares in the meat giant jump nearly 5% after it reports record first-quarter earnings, led by a return to profit at its chicken unit
Canada data 'better for wheat than durum'
Canada's stocks of most grains tumbled last year, official statistics show, surprising some traders. However, durum stocks jumped
Goldman lifts sugar price hopes, but market slumps
Sugar producers should sell ahead, Goldman says, even while lifting its hopes for near-term prices. In New York, prices plunge 7%
Buy into corn, not fears for China, says Goldman
The country's limited response to its soaring credit growth means investors should be wary of "too much commodity demand rather than too little"
Barley continues to lose out in French sowings war
Barley plantings in Europe's biggest grain producer have fallen by 6.3%, France's farm ministry says, raising its estimate of wheat sowings
Features and market reports
Alt Text Opinion: Ukraine farmers' export hopes too high
In theory, Ukraine has enough grain to keep exports up, despite a weaker harvest. In practice, farmers will have to settle for less, for two reasons		 Featured market report Evening markets: pre-report caution bolsters crops
Crops end sharply higher in Chicago, although short-covering rather than any revival in appetite is credited for the move. Wheat leads, jumping 2.3%
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