- (FT)The decline in oil prices and the rally in the dollar was "encouraging", Ben Bernanke said, suggesting the Federal Reserve thinks global inflationary pressures could be starting to ease.
- Industrial new orders for the Euro area fell 0.3% in June.
- Canada anticipates wheat production will rise 27% this year to 25.4 million tons. They also estimated that soybean production will be up 17%, but corn production will fall 15%.
- The USDA said there were 9.869 million head of cattle on feed as of August 1st, down 4.2% YoY. July placements were up 2.4% YoY and marketing’s were up 1.1%.
- The USDA said there were 492.2 million pounds of frozen pork in storage on July 31st, up 8% YoY. Frozen pork bellies totaled 59.2 million pounds, up 87% YoY.
- The USDA said there were 1.42 billion pounds of frozen orange juice in storage, up 68% YoY.
- Indonesia, the world's biggest exporter of tin, has confirmed plans to limit production of the commodity in a bid to support prices and sustain the local industry
No comments:
Post a Comment