Sunday, October 02, 2011

Quick Overview

  • The Occupy Wall Street / 99% had at least 700 people arrested over the weekend.
  • Wall Street bankers are withholding funds from Barack Obama's re-election campaign because they believe they are unloved, Warren Buffett has warned.

  • The Greek government ok’s austerity budget with a deficit at 8.5% of 2011 GDP.

  • The USDA guesses September 1 corn stocks at 1.128 billion. 166 million above the average pre-report trade estimate.
  • The USDA guesses September 1 soybean stocks at 215 million bushels, down 10 million from pre-report trade expectations.
  • The USDA guesses the 2011 wheat crop at 2.008 billion bushels, down 38 million from the average pre-report estimate.
  • (Reuters) - China, the world's second biggest corn consumer, is likely to more than triple imports to four million tonnes in the crop year starting October as strong livestock feed demand swallows up a bumper harvest.

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