Breaking News-RTRS-Brazil soy crop could be revised upward-analyst

SAO PAULO, Jan 25 (Reuters) - Helped by favorable weather in key producing areas, Brazil's 2009/10 soy crop should reach a record 65.1 million tonnes, up from last season's 57 million tonnes, grains analysts Agroconsult projected on Monday.

Breaking News-RTRS-Argentine corn, soy may face drop in soil moisture

SINGAPORE, Jan 25 (Reuters) - Hot and dry weather forecast in Argentina this week will likely reduce soil moisture and threaten yields of developing corn and soybean crops, a forecaster said on Monday.

Trader's Highlight

DJI-NEW YORK, Jan 25 (Reuters) - U.S. stocks snapped a three-day slide on Monday as signs that Federal Reserve Chairman Ben Bernanke would win a U.S. Senate vote for a second term helped ease investors' concerns.

After the closing bell, iPod maker Apple Inc reported sharp gains in quarterly revenue and profit, sending its shares 1.9 percent higher to $207.00 in after-hours trading. The company also said it moved to adopt new accounting standards for its iPhone.

NYMEX-NEW YORK, Jan 25 (Reuters) - U.S. crude oil futures settled lower on Monday, ending a three-day losing streak, as Wall Street rebounded, the dollar fell against most major currencies and refined products bounced from recent losses.

U.S. stocks moved higher as signs that Federal Reserve Chairman Ben Bernanke would win a U.S. Senate vote for a second term helped lift shares beaten down last week.

On the New York Mercantile Exchange, March crude settled up 72 cents, or 0.97 percent, at $75.26 a barrel, trading from $74.06 to $75.42.

CBOT-CHICAGO, Jan 25 (Reuters) - Chicago Board of Trade grains and soy complex close on Monday.

CBOT-SOYBEANS - March down 11 cents at $9.40-1/2 a bushel. Weighed down by prospects for a record large South American soybean harvest in 2010. Traders note long liquidation.

CBOT-SOYOIL - March down 0.21 cent at 36.50 cents per lb. Pressure from decline in soybeans.

PALM-KUALA LUMPUR, Jan 25 (Reuters) - Malaysian crude palm oil futures edged higher on Monday after a cargo surveyor reported a strong recovery in exports but high stocks and weak commodity markets limited gains.

Palm oil prices have lost nearly 8 percent so far this year, with most of these losses materialising last week, after U.S. President Barack Obama's proposal to curb financial risk-taking and China's moves to tighten credit roiled financial markets.

REGIONAL EQUITIES-BANGKOK, Jan 25 (Reuters) - Most Southeast Asian stock markets fell on Monday but they regained some lost ground during the session, with a sovereign rating upgrade by Fitch helping Indonesia recover from a three-week low.

Other major markets in the region, including Singapore <.FTSTI>, Malaysia <.KLSE> and Thailand <.SETI>, ended off their lows as U.S. futures gained, signalling New York markets would reverse some of last week's losses.

Among losers in Singapore, Genting Singapore was down 0.8 percent and the biggest lender, DBS Group Holdings , was 0.8 percent lower. But Keppel Land , the property development arm of Keppel Corp , was up 0.3 percent ahead of results.

In Kuala Lumpur, shipper MISC dropped 1.2 percent and telecoms firm Axiata Group was down 0.9 percent.

CBOT Soyoil Daily: Defended at Usc36.55

Market is trying to defend the underline support at Usc36.55. Violation of it may prompted more room to bias downside potential. To the upside, resistance is stood at Usc38.00 to 38.50.

FCPO Daily: Remains in sideways

No further new development as market extended its consolidation mode to move in sideways bias in between 2400 to 2500 levels. As for now, we continue to look for the immediate support at 2400 followed by 2370-2360. While, upside resistance is pegged at 2500-2525 followed by 2540-2550.