As tensions might well drag over the next decade, investors have to learn to operate under such prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
SYDNEY, Sept 10 (Reuters) - U.S. corn futures rose more than 0.5% on Tuesday to rebound from a four-month low after the U.S. Department of Agriculture pegged the condition of the North American crop at below market forecasts.
* The most active corn futures on the Chicago Board Of Trade were up 0.6% at $3.56-1/2 a bushel by 0040 GMT, having fallen 0.4% in the previous session when prices hit their lowest since May 13 at $3.52-1/4 a bushel
* The most active soybean futures were up 0.1% to $8.58-3/4 a bushel, having closed steady on Monday when prices fell to their lowest since June 10 low at $8.51 a bushel.
* The most active wheat futures were up 0.2% at $4.75-1/4 a bushel, having closed up 2.3% on Monday on technical buying and concerns about Southern Hemisphere crops.
* The USDA said 55% of the U.S. corn crop was in good-to-excellent shape as of Sunday, down 3 points from a week earlier, and below market forecasts.
* USDA said 55% of the soybean crop was in good-to-excellent condition, matching analysts' forecasts.
* Australia on Tuesday trimmed its wheat production forecast during the 2019/20 season by nearly 10% as prolonged dry weather across the country's east coast wilts production.
* The euro rose on Monday after a report that Germany may boost fiscal stimulus increased hopes that governments will act to boost growth in the region, although expectations of further central bank easing kept a lid on gains.
* Oil prices rose about 2% on Monday after the new Saudi energy minister, Prince Abdulaziz bin Salman, confirmed expectations that he would stick with his country's policy of limiting crude output to support prices.
* U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.
0130 China PPI YY, CPI YY Aug0830 UK Claimant Count Unem Chng Aug0830 UK ILO Unemployment Rate July
Grains prices at 0040 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSICBOT wheat 475.25 0.75 +0.16% +2.48% 479.47 62CBOT corn 356.50 2.25 +0.64% +0.28% 381.83 30CBOT soy 858.75 1.00 +0.12% +0.12% 870.91 39CBOT rice 11.92 -$0.04 -0.29% -0.42% $11.77 68WTI crude 58.31 $0.46 +0.80% +3.17% $55.41 64
Euro/dlr $1.104 $0.000 -0.02% +0.15%USD/AUD 0.6860 0.000 -0.01% +0.20%
Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential
(Reporting by Colin Packham; editing by Richard Pullin)