Thursday, June 09, 2011

Quick Overview

  • Japan's government is considering evacuating more towns affected by the Fukushima Daiichi disaster.

  • The USDA cut U.S. new-crop corn ending stocks to 695 million bushels, down 205 million bushels from the previous month estimate = a 19-day supply.
  • The USDA estimates global corn stocks at a 42.8 day supply -- the lowest since 1973-74.

  • Marksmen could be paid to slaughter Australia's vast population of methane-belching camels that roam the Outback as part of an effort to reduce greenhouse gas emissions.

  • Radioactive cesium exceeding the legal limit was detected in tea made in a factory in Shizuoka City, more than 300 kilometers away from the Fukushima Daiichi nuclear power plant.

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