Wednesday, January 19, 2011

Quick Overview

  • "Drought conditions in both the U.S. and China's winter wheat areas are a serious cause for concern and could be a key factor inhibiting the needed wheat supply recovery," said Macquarie.

  • U.S. housing starts fell to 4.3 % to a 529,000 annual rate in December. Permits for new construction rose to an annualized rate of 635,000 in December - the highest level since last March.

  • Long Beach terminals handled 6.3 million TEU in 2010, a 1.2 million TEU increase of 25 % YoY, the biggest annual leap since 1971 when the port leased the first container terminal.(DJ)

  • China to cut food weighting in CPI composition.



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