Monday, September 20, 2010

Quick Overview

  • (Bloomberg) -- Record-low interest rates are stoking the biggest increase in U.S. share buybacks ever.

  • John Bird, chief operating officer of sugar marketing body Queensland Sugar Limited, says "It's probably more panic buying by end users of sugar.. by refineries throughout the world,"A lot of refineries throughout the world who are reliant on supply out of Brazil have been very disappointed. "Some refineries have actually run out of sugar... which is not a good situation to be in."

  • July values for U.S. beef and pork exports dipped slightly from the totals achieved in June, but both exceeded year-ago levels with beef posting close to a 40 percent jump over 2009 levels.

  • China soybean, corn futures on Dalian Commodity Exchange sharply higher on concerns over possible early frost in northern China.

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