FUNDAMENTALS

* Malaysian palm oil futures ended higher on Thursday, recovering from the morning session and

snapping four straight days of losses as weak prices attracted buying interest for the tropical

oil.

* U.S. wheat futures rose more than 1 percent on Thursday, lifted by worries that U.S. rains

could reduce grain quality and that dry conditions in Russia and Canada would stress crops.

* Oil prices jumped more than 2 percent on Thursday, giving Brent its biggest rally in more than

a week, as draws reported in the Cushing delivery point for U.S. crude futures boosted optimism

that a supply glut was easing.

MARKET NEWS

* Global equity markets rose on Thursday, with Wall Street's S&P 500 index closing at a record

high as investors bet that U.S. interest rates won't rise soon, while oil jumped more than 2

percent on the view that a global glut may be starting to ease.

RELATED

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> U.S. grain handler Andersons not looking to be acquired -CEO

> Potash Corp evaluating SQM, ICL stakes; other holdings 'strategic'

> ADM boosts grain export capacity at Argentine port

DATA/EVENTS

> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance to release data

on Malaysia's May 1-25 palm oil exports on May 25.

Palm, soy and crude oil prices at 0452 GMT

Contract Month Last Change Low High Volume

MY PALM OIL FEB5 2240 -24.00 2230 2254 29

MY PALM OIL MAR5 2228 -19.00 2220 2249 388

MY PALM OIL APR5 2210 -20.00 2202 2222 7986

CHINA PALM OLEIN MAY5 4846 -22.00 4844 4874 180294

CHINA SOYOIL MAY5 5514 -52.00 5508 5562 240078

CBOT SOY OIL MAR5 31.48 -3.50 31.47 31.57 2367

INDIA PALM OIL JAN5 434.90 -3.50 434.00 439.50 488

INDIA SOYOIL FEB5 616.00 -9.00 615.70 624.80 50145

NYMEX CRUDE MAR5 45.06 -0.53 44.35 45.35 25835

Palm oil prices in Malaysian ringgit per tonne

CBOT soy oil in U.S. cents per pound

Dalian soy oil and RBD palm olein in Chinese yuan per tonne

India soy oil in Indian rupee per 10 kg

Crude in U.S. dollars per barrel