Quick Overview

• U.K. Retail sales increased 0.3% MoM and 4.5% YoY.
  

• Canadian retail sales rose 0.1% MoM and up 5.2% YoY.
  

• The USDA said there were 11.644 million head of cattle on feed on April 1st, down 1.4% YoY. Placements were up 7%, marketing’s were down 6% YoY.
  

• The USDA said there were 55.3 million pounds of frozen bellies in storage on March 31st, down 10% YoY. Frozen pork supplies totaled 506 million pounds.
  
  

• The Chocolate Manufacturers Association said the U.S. cocoa grind totaled 97,584 tons in the first quarter of 2007, down 7% YoY.
  

• Brazilian increased its estimate of this year's coffee harvest to 32.0 million bags.
  
  

• The USDA said there were 825 million pounds of frozen orange juice concentrate in storage on March 31st, down 18% YoY.