Tuesday, April 19, 2011

Quick Overview

  • The Canadian Wheat Board said the start to the season is 10 days to three weeks behind schedule.


  • YoY U.S. housing starts rose 549,000 in March, and up 7.2% MoM. A glut of housing on the market will make further gains difficult.


  • The world's oldest man is celebrating his 114th birthday with a traditional Japanese meal. Jirouemon Kimura began his new year with a breakfast of grilled fish with steamed rice and red beans.


  • Construction output in the euro zone fell 0.7% MoM


  • Japanese consumer confidence fell from 41.2 in February to 38.6 in March


  • Cotton leaf curl virus may play havoc with the cotton crop in Pakistan

  • Mark Welch, grain marketing specialist at Texas A&M predicts Texas will produce about 33M bushels of wheat, roughly one-third its average harvest. China and Western Europe also are dry.






No comments: