Monday, July 16, 2007

Quick Overview

  • The New York Federal Reserve's Empire index, rode from 25.8 to 26.5 in July,

  • YoY Consumer prices in the Euro zone rose 1.9%.

  • China suspended imports of some chicken and pork from Tyson Foods because of alleged food contamination problems.

  • The USDA said that:
    64% of the corn crop was rated good to excellent, down from 70% a week ago.
    62% of the soybean crop was rated good to excellent, down from 65% a week ago.
    76% of the spring wheat crop was rated good to excellent, down from 78% a week ago.
    55% of the cotton crop was rated good to excellent, the same as a week ago.

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