- A composite index of euro-area purchasing managers fell to 56.1 from 56.7 in July
- Buckwheat disappeared from all food stores across Moscow city, the Interfax news agency reported on Monday. Prices for buckwheat jumped from 20 to 76 rubles (from 0.65 to 2.5 U.S. dollars) per kilogram during the last weekend. The report said buckwheat also disappeared from the supermarkets in Ukraine.
- Russia has harvested 40.3 million tonnes of grain by Aug 19, or 38 % less than in 2010, Deputy Agriculture Minister Alexander Petrikov said
- Fears are resurfacing about dry conditions for US autumn wheat sowings, following a lack of rain in south eastern parts.
- YoY Thailand’s GDP during the first half (Jan-June), 2010, grew 10.6%
- Floods in Pakistan have destroyed or extensively damaged crops over 4.25 million acres (1.72 million hectares) of land, Food Minister Nazar Muhammad Gondal said on Monday. The total areas under cultivation are about 23 million hectares.
- Flood surges triggered by unprecedented monsoon rains have washed away 15% to 20% of the summer rice crop, which was in the process of being sown, the president of the Pakistan Agricultural Farms Association said
- (Bloomberg) -- The amount of money flowing into bond funds is poised to exceed the cash that went into stock funds during the Internet bubble, stoking concern fixed-income markets are headed for a fall. Investors poured $480.2 billion into mutual funds that focus on debt in the two years ending June, compared with the $496.9 billion received by equity funds from 1999 to 2000, according to data compiled by Bloomberg and the Washington-based Investment Company Institute
- Vietnam has raised export floor prices for its top quality 5-percent broken grain (Rice)to $430 a tonne from $400 a tonne
- Sugar production in South Africa, the biggest producer on the continent, may fall to the lowest in 15 years because of a drought this season, Trix Trikam, executive director of the South African Sugar Association, said.
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