Friday, September 17, 2010

Quick Overview

  • Weather forecasts refer to a "widespread crop ending hard freeze" across Northern Alberta southeastward to Central Saskatchewan with the mercury falling to 19-28F. A second hard freeze is forecast to push into the Dakotas on Saturday.
  • Plus reports of frost in northern China potentially damaging corn.
  • Tightening US supplies may extend corn's rally, Goldman Sachs says.

  • U.S. CPI rose 0.3% in August.

  • U.S. consumer sentiment fell in September to 66.6 -- the lowest level since August 2009

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