Thursday, September 03, 2009

Quick Overview

  • The U.S. Institute of Supply Management's index of services rose from 46.4 to 48.4 in August

  • U.S. jobless claims fell 4,000 last week to 570,000

  • Services index in the U.K. rose from 53.2 to 54.1 in August

  • Services index in Australia rose from 44.1 to 48.0 in August

  • Retail sales in the EU rose 0.2% in July.

  • Purchasing Managers Index in the EU rose from 50.0 to 50.4 in August

  • Informa's September guess:
  • 13.010 billion bushels for corn
  • 3.305 billion for beans
  • corn yield of 162.6 bushels per acre
  • bean yield of 43.1.

  • In August the USDA estimated:
  • corn crop at 12.761 billion with a yield of 159.5
  • bean crop of 3.199 billion with a 41.7 yield.

  • Weather risk says the new run of the 12z gfs weather model is suggesting a wide spread frost sept. 17,18,19 time period .

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