Monday, August 09, 2010

Quick Overview

  • Germany’s exports rose 3.8% MoM.
  • Soil is too dry for Russian wheat growers to sow the winter crop. They have a window to do that between late August and early September.
  • SovEcon dropped their estimate of this year's Russian wheat crop to 43-44 MMT
  •  Russia's Agricultural Ministry has cut its 2010 grain
    harvest forecast to between 60 million and 65 million tons, the Interfax news agency reports Monday
  • Rubber futures may climb to a 25- month high as supply in Thailand, lags behind growing demand because of bad weather, according to Von Bundit Co., the country’s biggest producer.
  • Greek industrial production fell 4.5% in June
  • Danish exports excluding ships and aircrafts fell 5.3% MoM

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