- (Bloomberg) -- The U.S. economy probably will emerge from the recession by September, Nobel Prize-winning economist Paul Krugman said.
- YoY Corporate bankruptcies in Japan fell 6.7% in May.
- The USDA said:
97% of the corn crop is planted and 69% is rated good to excellent.
78% of the soybean crop is planted (The five-year average is 87%)
96% of the spring wheat crop is planted and 72% is rated good to excellent.
44% of the winter wheat crop is rated good to excellent.
89% of the cotton crop is planted (The five-year average is90%)
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