- Brazil's drought has lowered the Amazon water level to its lowest in 47 years.
- Australia's Bureau of Meteorology reported Wednesday that indicators of a La Nina climate event in the Pacific have strengthened, with most computer models predicting it will persist into early 2011.
- Argentina made its first forecast for 2010-11 wheat production, estimating the crop at 10 million to 11.2 million metric tons. That's lower than the 12 million tons forecast by the U.S. Department of Agriculture. The USDA estimated Argentina's wheat crop last season at 9.6 million tons.
- The lineup of vessels expected to load sugar at Brazilian ports in the coming weeks rose by 62 in the week ended Wednesday to 100 ships, according to the Williams Brazil shipping agency.
- The U.S. balance of payments deficit, widened to $123.3 billion or 3.4% of GDP.
- The Philadelphia Fed's manufacturing index was -0.7 in September, up from the -7.7 reading in August.
- U.S. new jobless claims fell 3,000 to two-month low
- U.S. Producer prices rose 0.4%, largest gain in 5 months.
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