Quick Overview

• U.S. Jobless claims rose 17,000 to 474,000.
  
  

• The USDA's 2009-2010 U.S. ending stocks estimate of:
  Corn was raised from 1.625 to 1.675 billion bushels.
  Some 12% of the crop is still sitting in the snow!
  Soybeans were reduced from 270 to 255 million bushels.
  Wheat was raised from 885 to 900 million bushels.
  Sugar was kept at 1.016 million tons.
  Cotton was lowered from 4.90 to 4.50 million bales.
  
  

• The USDA's 2009-2010 world ending stocks estimate of:
  Corn was kept at 132 million tons.
  Soybeans were kept at 57 million tons.
  Wheat was raised from 188 to 191 million tons.
  Cotton was lowered from 54 to 52 million tons.
  

• OJ was lowered from 136 to 135 million boxes.

• Unica pegged Brazil's center-south sugarcane crush at 538.2 million tons for the 2009-10 crop compared to its previous estimate of 529.5 million tons

• Uttar Pradesh is asking the central government to lift its restriction on raw sugar from Brazil amid severe shortages and rising prices.

• YoY China’s factory output rose 19.2 %