- COSCO, China's biggest shipping conglomerate has found hesitant interest by retail investors in its $1.65 billion IPO on worries that the global shipping boom has peaked.
- The European Union announced that it will be cutting its subsidized sugar price by 39%.
- The DoE said that crude oil supplies were down 1.6 million barrels last week to 327.4 million barrels. Unleaded supplies were up 200,000 barrels and heating oil supplies were up 1.8 million barrels.
- The USDA said that there were 513 million pounds of frozen pork in storage, up 24% from a year ago.
- The USDA said there were 81.7 million pounds of frozen pork bellies in storage, up 97% from a year ago.
- The USDA announced that there were 1.67 billion pounds of frozen orange juice concentrate in storage on May 31st, down 22% from a year ago.
- The long-haul, heavy-duty truck transportation industry in the United States is experiencing a national shortage of 20,000 truck drivers, the American Trucking Associations reported .
- Canada's index of composite leading indicators was up 0.3% in May to 203.7.
- Exports in Japan were up 1.4% in May while imports jumped up 18.6%.
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