SAO PAULO (Dow Jones)–Brazilian agribusiness analysts Friday said that Brazil’s 2008-09 soy crop will produce between 57 million metric tons and 58 million tons. Brazil has completed its soybean harvest in almost all regions and at this stage no change is expected in the estimate from Brazil’s National Commodities Supply Corp., or Conab, as the agency... »

HAMBURG (Dow Jones)–Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: Palm oil, Mal/Sumatran origin Palm oil, Mal/Sumatran origin crude (max 5% FFA), ... »

HAMBURG (Dow Jones)–Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: Soyoil, Dutch origin Rapeseed oil, Dutch origin 0.75% FFA, FOB mill... »

CHICAGO (Dow Jones)–The 2009 U.S. corn crop will likely be about 6.5% below projected levels because of late planting in key producing states, University of Illinois researchers said late Thursday. In a report for the University of Illinois’s Department of Agricultural and Consumer Economics, researchers Scott Irwin, Darrel Good and Mike Tannura said under average summer... »

BUENOS AIRES (Dow Jones)–Argentina crushed 6,260,061 metric tons of soybeans during the first quarter of 2009, down 0.6% from the same period a year earlier, according to the latest data from the Buenos Aires Cereal Exchange. Between January and March, Argentina squeezed 1.2 million tons of soyoil from the beans, in line with a year... »

KUALA LUMPUR (Dow Jones)–Malaysia’s exports fell at a worse-than-expected pace of 26.3% to MYR41.12 billion in April from a year earlier, due to lower shipments of tech products and commodities, data released Thursday show. Imports declined 22.4% on year to MYR33.76 billion, the Ministry of Trade & Industry said in a statement. Fifteen economists polled by... »

Canola futures traded on the ICE Futures Canada platform were trading at weaker levels as of 10:08 a.m. EDT on Friday in moderate trade. »

(Updates with details on soymeal and soyoil data) SAO PAULO (Dow Jones)–Brazil’s estimate for the new 2008-2009 soy crush was lowered to 31.6 million metric tons from 31.8 million tons Friday by the Brazilian Vegetable Oils Industry Association, or Abiove. Brazil should produce 57.4 million tons of soybeans from the 2008-09 crop, down... »

MUMBAI (Dow Jones)–Indian edible oil prices rose during the week ended Friday tracking gains in overseas market and tight local supply. “The harvesting season has ended two to three months back and farmers are now left with very few stocks,” said a trader based in the main producing state of Madhya Pradesh. A sharp rise in... »

CHICAGO (Dow Jones)–Cash grain traders are likely to look outside the grain markets for direction Friday and will likely take their cue from other commodity markets following the release of the May unemployment data. With fresh fundamental grain news lacking, farmers’ views are toward the overall economy. Non-farm payrolls slid 345,000 in May, the U.S.... »

Chicago Board of Trade corn futures are expected to open 2 to 4 cents lower Friday amid outside market pressure and light profit-taking ahead of the weekend, traders said. »

NEW YORK — Crude oil futures prices dropped below $69 a barrel early Friday after climbing to a seven-month high above $70 a barrel in response to news that U.S. nonfarm payrolls fell by less in May than was expected. “This initial rally in crude looks to have failed,” aided by strength in the dollar,... »

Crude oil futures prices dropped below $69 a barrel early Friday after climbing to a seven-month high above $70 a barrel in response to news that U.S. nonfarm payrolls fell by less in May than was expected. »

Brazil’s estimate for the new 2008-2009 soy crush was lowered to 31.6 million metric tons from 31.8 million tons Friday by the Brazilian Vegetable Oils Industry Association, or Abiove. »

By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures at the Chicago Board of Trade is seen starting Friday’s day session lower, following the overnight theme amid an absence of fresh bullish news. CBOT soybean futures are seen opening 5 cents to 7 cents lower, with soy product futures... »

Oil vaulted over the $70/bbl bar after U.S. data showed fewer jobs were lost in May than expected, but the stay was brief and futures contracts are now down for the day. The Labor Department said nonfarm payrolls fell by 345,000 last month, the smallest decline in eight months. “The response from... »

By Daniel McCleary Of DOW JONES NEWSWIRES SAO PAULO (Dow Jones)–Greater cooperation on biofuels development is needed between Brazil and the U.S. or else ambitious goals set out in a 2007 accord will turn into a dream deferred. The two countries signed a memorandum of understanding in March 2007 during President George... »

Grain futures traded on Globex overnight were lower as of 1200 GMT Friday. Last Change High Low ... »

DOW JONES NEWSWIRES By David Bird Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude oil futures prices climbed above $70 a barrel for the first time in seven months Friday after May U.S. nonfarm payrolls fell by less than was expected. July crude oil, which had dipped into negative territory in the minutes prior to the report, jumped... »

1245 GMT India soybean June NCDEX futures provisionally end up 0.3% at INR2,599/100 kg, off early high of INR2,630 on profit-taking. Number of open contracts down 8% at 43,000 tons. “Despite CBOT soybean rallying to an eight-month high, the prices failed to hold on to the gains on weak export demand for soymeal,” says analyst at... »