Quick Overview

• U.S. Producer prices rose 1.1% in September and 4.4% YoY.
  

• U.S. Retail sales rose 0.6% in September. Without transport sales rose 0.4%
  

• Industrial production in the Euro area rose 1.2% and 4.3% YoY.
  

• Industrial production in India rose 10.7% YoY.
  

• The USDA's 2007-2008 U.S. ending stocks estimate of:
  Corn increased from 1.675 to 1.997 billion bushels.
  Soybeans are unchanged at 215 million bushels.
  Wheat was lowered from 362 to 307 million bushels.
  Sugar increased from 1.802 to 1.899 million tons.
  Cotton increased from 6.2 to 6.4 million bales.
  

• The USDA's 2007-2008 world ending stocks estimate of:
  Corn increased from 105 to 110 million tons.
  Soybeans increased from 50 to 51 million tons.
  Wheat was reduced from 112 to 107 million tons.
  Cotton increased from 52 to 55 million bales.
  

• The USDA estimates the 2007-2008 Florida orange crop at 168 million boxes, up from 129 million boxes YoY. Juice yield is predicted at 1.60 gallons a box, down from 1.65 gallons per box YoY.
  

• The income gap between the wealthiest and poorest Americans grew to its widest level since the 1920s
  

• China's foreign exchange reserves, the world's largest, rose to $1.434 trillion in Q3.