Quick Overview

• Greece cuts deficit by 46% YoY -- beating target

• YoY India’s industrial output rose 11.5% in May

• FO Licht raised World 2010-11 corn output to 804.20M Tons

• FO Licht lowered World 2010-11 wheat output to 656.37M Tons

• (Dow Jones)--Uranium prices could soon be driven higher by the largest Asian atomic expansion in three decades, with China seen buying unprecedented amounts of uranium this year.

• China's June exports exceeded imports by $20.02 billion, up from May’s $19.5 billion trade surplus and April's $1.68 billion surplus.

• U.K services output ffell 0.3 pct in April

• U.K.'s economy grew 0.3% in Q1

• Brazil recorded a trade surplus of US$7.9 billion in the first half of the year, down from US$13.9 billion YoY -- exports rose by 26.5% to $89.2 billion.

• China has replaced the United States as Brazil's top trading partner after Chinese imports rose 57.7% in the first half of the year.

• Malaysia's palm oil stocks fell to a 10-month low, a sign that heat stress to trees may have been more severe than projected.

• (Reuters) - Revived monsoon rains in India accelerated the planting of rice, oilseeds and cotton last week.