GRAINS-Wheat firms for first time in seven sessions
GRAINS-Wheat firms for first time in seven sessions - Reuters
U.S. wheat edged higher for thefirst time in seven sessions on Tuesday to ease away from anear-decade low, but gains were checked by ample global supplyand an uncertain outlook for demand from top buyer Egypt. FUNDAMENTALS * The most active wheat futures on the Chicago Board ofTrade rose 0.38 percent to $3.98-1/2 a bushel. They closeddown 2.6 percent on Monday, when prices hit the lowest sinceSeptember, 2006 at $3.95-1/4 a bushel. * The most active soybean futures climbed 0.23 percentto $9.66-1/2 a bushel, having ended Monday down 0.31 percent. * The most active corn futures were unchanged at$3.20-3/4 a bushel, after closing down 1.3 percent in theprevious session. * The U.S Department of Agriculture rated 75 percent of theU.S. corn crop in good-to-excellent condition, unchanged from aweek earlier, and 73 percent of the soybean crop asgood-to-excellent, up from 72 percent the previous week. * Egypt, the world's biggest wheat importer, reinstated onSunday a controversial ban on wheat shipments containing eventhe slightest amount of a common grain fungus, ergot. The movebaffled traders who had returned to the Egyptian market justlast month when the ban was lifted. MARKET NEWS * The dollar took a breather on Tuesday, as investors waitedto see if U.S. employment data later this week would reinforceU.S. Federal Reserve official's recent hawkish messages. * Oil futures edged up on Tuesday as the U.S. dollar erasedearlier gains, but doubts that producers would be able to agreeto an output freeze continued to drag on prices. * Financial and commodity-sector stocks led the S&P 500higher in a low-volume session on Monday after consumer spendingrose for a fourth straight month, pointing to a pick-up in U.S.economic growth. DATA Tuesday (GMT) 0900 Euro zone business climate, economic sentiment, industrialsentiment 1255 US Redbook 1400 US consumer confidence for August 0750 JP preliminary industrial output for July Grains prices at 0133 GMT Cont Last Chan Pct Two- MA RSI ract ge chg day 30 chg CBOT 398. 1.50 +0.3 -5.9 433. 14 whea 50 8% 6% 54 t CBOT 320. 0.00 +0.0 -3.3 336. 20 corn 75 0% 9% 92 CBOT 966. 2.25 +0.2 -0.9 988. 29 soy 50 3% 2% 73 CBOT 9.73 $0.0 +0.2 -1.7 $9.9 30 rice 2 1% 7% 9 WTI 47.0 $0.1 +0.2 -1.1 $44. 55 crud 9 1 3% 5% 37 e Curr enci es Euro $1.1 -$0. -0.1 -0.2 /dlr 17 002 6% 2% USD/ 0.75 0.00 +0.0 +0.0 AUD 67 0 0% 5% Most active contracts Wheat, corn and soy US cents/bus hel. Rice: USD per hundredwe ight RSI 14, exponenti al (Reporting by Colin Packham; Editing by Joseph Radford)

Complex carbohydrates research centre aims to benefit cosmetics and packaging
Complex carbohydrates research centre aims to benefit cosmetics and packaging -
Adelaide Glycomics says that the opening of its carbohydrates research centre is the largest of its kind in the southern Hemisphere, and is likely to benefit a number of industries, including cosmetics.

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