Quick Overview

• Indonesia's economic expansion accelerated in the October-December period to 6.9% on year from 5.8% in the previous three months.

• (Bloomberg) -- Indonesia, the third-biggest rice importer in Asia, is seeking to “strengthen” its stockpiles to protect the poor against rising costs, according to Bayu Krisnamurthi, Deputy Minister of Agriculture.

• Celeres estimates Brazils 2010-11 soy crop at 69.8 MT.

• Canada estimates oat stocks at 2.1 million tons as of Dec. 31, down 31% YoY.

• U.S. consumer borrowing rose in December by $6.1 billion to $2.41 trillion.