Quick Overview

• (Bloomberg) Insiders buying stocks are at the Highest Rate since 2009.

• The USDA projected 2011 U.S. soybean yields at 41.4 bushels per acre, 2 bushels below last month's yield projection. The first survey-based forecast of U.S. soybean production is 3.056 billion bushels, 169 million below the July projection, and 273 million below last year's crop.

• The USDA's Corn yield projection of 153 bushels per acre was down sharply from a July estimate of 158.7. The USDA estimates new-crop ending stocks at 714 million bushels, or a 19.8 day supply.

• First time claims for U.S. unemployment benefits fell by 7,000 in the week ending August 6 to 395,000.

• European regulator announces bans on short selling in France, Italy, Spain and Belgium