Weekly Roundup: MarketWatch's top ten stories Aug. 27 - 31

	Weekly Roundup AUGUST 31, 2012 MarketWatch's top ten stories Aug. 27 - 31 By MarketWatch SAN FRANCISCO (MarketWatch) — There was a lot of notable news this week. Bernanke said he was prepared to do more to boost the U.S. economy, setting the stage for action that will affect economies around the globe. Mitt Romney accepted the Republican nomination for president of the United States. And, there was that hurricane down in the Gulf of Mexico. But there was another event that, while not seismic in its importance, nevertheless caught the attention of Americans of a certain age. I'm talking, of course, of Wednesday's ejection from the Standard & Poor's 500 Index of Sears (SHLD). We all shop, or shopped, at Sears, didn't we? Before Wal-Mart (WMT) or Target (TGT) or Home Depot (HD) , Sears was the place to go for just about anything the American household might need. Clothes, hardware, appliances, toys, sporting goods, even home decorations. If you needed it, you could find it at Sears. And of course, you still can. As Sears pointed out in a statement after Standard & Poor's tossed it out of the benchmark index, the decision was made for a technical reason having to do with how many of the company's shares are publicly traded, not because of any decline in the company's health. But still.... Sears was one of the companies included in the S&P 500 when it was launched in 1957. It reached No. 5 in market capitalization in May, 1965. It was a titan of the U.S. retail scene for decades and it's inclusion in the index felt like it made sense. So, while not exactly the end of an era, the news on Wednesday still felt like a milepost in the changing of America's retail landscape. The Dow Jones Industrial Average (DJIA) rose 90.13 points or 0.7% on Friday to close at 13,090.84. For the week it was down 0.5% while it was up 0.6% for August. The Nasdaq Composite Index (COMP) gained 18.25 points, or 0.6%, to 3,066.96 on Friday, off 0.1% for the week and up 4.3% for the month. The broader Standard & Poor's 500 Index (SPX) gained 7.10 points, or 0.3%, to 1,406.58 on Friday. For the week the index was off 0.3%, but for the month it was 2% higher. Please visit MarketWatch over the weekend, where we'll have all the news you need to keep track of your portfolio as well as other news. If you want to look ahead to next week, have a look at our weekly videos.  U.S. Week Ahead: Amazon, ECB, Jobs  Europe's Week Ahead: ECB is prime focus -- Christopher Noble , assistant managing editor More asset buying Federal Reserve Board Chairman Ben Bernanke called the stagnation in the U.S. labor market a grave concern and said he was open to using more quantitative easing to help the economic recovery. Bernanke didn't commit to taking action, but he did reinforce the case for more asset purchases to boost the U.S. Read a story about Bernanke's speech in Jackson Hole . Yield Dilemma For retirement-focused savers, the take-away from Federal Reserve Board Chairman Ben Bernanke's speech in Jackson Hole on Friday is that, long after Bernanke returns to Washington, they will still face a painful dilemma: Accept safe investments with yields they can't bear, or take more risk in the hope of greater returns, which they also find unpalatable. Read a Weekend Investor column about retirees dilemma . Fear itself European Central Bank President Mario Draghi, fighting a battle against fear itself, has effectively taken aim at the extra premium demanded by investors to hold certain European government bonds that can be attributed purely to fear the euro could fall apart. That leaves the central bank with an unenviable analytical and strategic task, economists said. Read a story about Draghi's fight to contain market fears over the euro. Growing up fast While growing up in a hurry, the tea party has moved Republicans and their presidential nominee Mitt Romney more to the right, got the vice presidential pick it wanted in Sen. Paul Ryan of Wisconsin and now is setting its sights on winning the Senate for Republicans. The ticket is focusing almost exclusively on the economy and Romney now is emphasizing his past experience as a businessman and less on his personality. Read a story about the coming of age of the tea party . Currency war Because the dollar is the world's reserve currency, the Fed has a responsibility that far exceeds that of other central banks. And these days, in an increasingly interconnected global economy, it is in America's interest for the Fed to take this responsibility seriously. Otherwise, the U.S. central bank might start a currency war. Read Michael Casey's FX Horizons column on the potential international impact of QE3 . Staring contest Even with much of the Gulf of Mexico's energy production shut down as Hurricane Isaac approached the region earlier this week, the natural-gas market barely blinked, reflecting the increasing importance of shale gas to the market. Read a Commodities Corner column on the changing dynamics of the natural gas market . Smartphone storm The next few weeks will feature a storm of announcements for new smartphones as manufacturers work to get their latest and best devices in place to compete with the juggernaut expected from Apple Inc.'s (AAPL) next iPhone. The new devices are expected to boost smartphone sales to a record in the last quarter. Read a story about this month's expected flurry of smartphone announcements . Resale value Many experts predict Apple Inc.'s court victory over Samsung could shake up the wireless industry over the long term.In fact, it's already having an impact on one key area: the resale market. Customers of Samsung have been dumping their Android products on at least one major resale site and they've seen the price for those devices drop 10%. Read a story about the falling resale prices of Android phones . $10,000 or less Almost half of U.S. retirees die with savings of $10,000 or less, but that grim finding doesn't fully describe the uncertainty that characterizes retirement in America, according to a recent study. While pensions, social security and Medicare can make up for a shortfall, retirees are often unable to withstand a big shock to their finances. Read Andrea Coombes' Ways and Means column on retirees . A window for bonds Ever since European Central Bank President Mario Draghi pledged to do whatever it took within the bank's mandate to preserve the euro, bond markets have been relatively calm. Some European banks are taking advantage of that calm to issue corporate bonds. But, the window of opportunity that Draghi's comments opened could slam shut soon. Read a story about European banks corporate bond issuance . Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111

FinNews for the week ending August 31, 2012

FinNews for the week ending August 31, 2012 Top Stories In an effort to obtain up to 100 billion euros in aid, Spain "overhauled its banks for the fifth time in three years on Friday." The Spanish government has created a bad bank to take over defaulted loans and unsalable property worth tens of billions of euros, which will begin operating later in the year. In the meantime, Spain is injecting its most problematic bank, Bankia, with emergency funds. Bankia lost 3 billion euros last year, and reported on Friday 4.4 billion in losses during the first half of this year. (1) One out of every four Spanish citizens is unemployed. (2) The Fed announced Friday during the Jackson Hole economic summit that it will be "forceful...in supporting a sustainable recovery." (3) Economic Releases & Statistics The U.S. GDP was revised Wednesday to a 1.7 percent growth between April and June, up from an earlier estimate of 1.5 percent. (4) Pending home sales rose 2.4 percent in June, exceeding estimates for a 1 percent gain and reaching the highest level since April 2010. (5) The pending-home-sales index grew to 101.7, up from 99.3. This marks the 15th consecutive month of contract activity gains. (6) July new home sales grew 3.6 percent to a seasonally adjusted annual rate of 372,000, matching May's two-year high. Sales have risen 25 percent over the last 12 months. (7) July's personal income grew 0.3 percent, marking the third month of growth. (8) U.S. consumer spending grew 0.4 percent, in line with forecasts and the largest growth in five months. Unemployment applications went unchanged at 374,000 last week, while new claims rose 1,500 to 370,250. The jobless rate grew to 8.3 percent. (9) Stocks & Earnings On Friday, American Airlines parent AMR Corp. announced plans to discuss a potential merger with US Airways Group, and recently had similar talks with British Airways. Non-disclosure agreements prevent either company from revealing more information until a deal is confirmed or called off. (10) Facebook's stock dropped 5 percent on Friday to a new low of $18.19. Over 40 percent of the company's shares will become eligible for sale in November. (11) SAIC Inc., government-services contractor, announced plans to separate into two separate publically traded companies. It aims to divide its government-services businesses from its heath, engineering, and security services. Peregrine Pharmaceuticals Inc. secured a $30 million term loan, aiming to strengthen its balance sheet in preparation for partnering discussions. (12) Global Currencies Sallie Mae Bank increased its money market account rate to 1.00 percent APY from 0.90 percent. The increase applies to all customers; there was no change to savings account yield, 0.80 percent. (13) The 1-year London InterBank Offered Rate fell to 1.033 percent, while the 6-month LIBOR went unchanged. The average 30-year fixed rate mortgage fell less than one point to 3.660 percent, while the average 15-year grew one basis point to 3.099 percent. The average 5-year grew to 3.107 percent. (14) Oil & Energies Natural gas inventories grew by 66 billion cubic feet to 3.374 trillion cubic feet, greater than forecasts for a 58 to 62 bcf rise. (15) Crude oil supplies grew 3.78 million barrels last week, countering estimates for a 2 million barrel drop. Gasoline inventories declined by 1.51 million barrels to 201.23 million, below analyst forecasts. Distillate fuels grew by 873,000 barrels to 126.08 million barrels, greater than expectations for no change. Refinery utilization went unchanged at 91.2 percent, greater than forecasts for a 0.25 percent decline. (16) On Thursday, Argentinean YPF announced its 5-year growth plan, in which it will invest $37.2 billion through 2017 to boost oil, natural gas, and refining spending. The company will raise its oil production by an estimated 32 percent, and its diesel and refining-product output by 37 percent. (17) Grains & Field Crops This week's Crop Progress report presented further weakening conditions. Corn in good/excellent condition fell 1 percent to 22 percent. 6 percent of the crop has been harvested, 76 percent is dented, and 26 percent has matured. Soybeans in good/excellent condition fell one percent to 30 percent while those in poor/very poor condition grew to 38 percent. 96 percent of the crop has set pots and 8 percent has dropped leaves. 89 percent of the spring wheat crop has been harvested. (18) Heavy rain in Argentina is forecast to greatly help its corn and soy planting, having faced between 60 and 160 millimeters of rain this month. (19) In reaction to the U.S.' poor harvests, Argentina aims to plant "a near-record soy crop in the coming season." Aided by abundant ground moisture, its 2012/13 soy output is forecast at 53 million tonnes, a 12.5 million tonne rise from last season. (20) The total soybean output from Brazil, Argentina, Paraguay, Bolivia, and Uruguay is forecast to rise as much as 31 percent next year. (21) This season, South Africa is forecast to reap 12 percent less wheat at 1.76 million metric tons, just above forecasts a 1.75 million ton yield. (22) Precious Metals 12,000 of South African Gold Fields' workers went on strike Wednesday due to union disagreements. (23) Following the August 16 shooting, a majority of Marikana's 28,000 miners have kept their distance. Next week Lonmin Plc is planning on resuming government-mediated talks with workers in order to end their three week strike. (24) Chilean mining company Antofagasta has increased its copper output by 16.5 percent and almost doubled its gold production during the first half of this year. As such, it will continue its "full year production guidance of 700,000 tonnes of copper" and 280,000 ounces of gold. (25) Other Commodities Brazil's coffee growing sectors are looking to flourish as weather has been optimal for fruit development until harvest in May. If an El Niño pattern rises, wetter conditions would guarantee even more moisture for crops as they develop. Brazil estimates a 2012 crop of 50.45 million 60-kg bags. (26) Colombia is looking to an El Niño to help boost its coffee production, with a 2013 harvest estimate of 9 million bags. (27) Due to drier weather in Vietnam, the country's robusta coffee crop may fall 10 percent to 1.40 million metric tons from a high of 1.55 million tons. (28) Cooler weather and cloud cover has helped spawn an outbreak of black pod disease in Ivory Coast. Due to a delay in government-assisted chemical distribution, many farmers are fighting the disease on their own. (29) Cocoa Day, which is held to promote cocoa's health benefits and reward farmers in Accra, Ghana, was held on Thursday. The Alliance of Cocoa Producing Countries celebrates the day to motivate younger cocoa farmers and honor those in the industry. (30) Dry weather at Brazil's ports helped loading, as sugar waiting to be loaded fell 10 percent to 1.91 million metric tons. The weather also helped improve processing by 14 percent to 44.2 million tons. (31) Next Week: Date Currency Event GMT Forecast Previous 2-Sep Sun NZD NZD Terms of Trade Index (QoQ) 22:45   -2.30% GBP GBP Lloyds Business Barometer 23:01 -8.00 AUD AUD AiG Performance of Manufacturing Index 23:30 40.30 JPY JPY Capital Spending 23:50 3.30% JPY JPY Capital Spending excl Software 23:50 3.50% JPY JPY Official Reserve Assets $1272.8B AUD AUD TD Securities Inflation (MoM) 00:30 0.20% AUD AUD TD Securities Inflation (YoY) 00:30 1.50% CNY CNY Non-manufacturing PMI 01:00 55.60 AUD AUD Company Operating Profit (QoQ) 01:30 -4.00% AUD AUD Inventories 01:30 0.90% AUD AUD Retail Sales s.a. (MoM) 01:30 1.00% AUD AUD ANZ Job Advertisements (MoM) 01:30 -0.80% CNY CNY HSBC Manufacturing PMI 02:30 49.30 3-Sep Mon JPY JPY Vehicle Sales (YoY) 05:00   36.10% AUD AUD RBA Commodity Price Index 06:30 95.80 AUD AUD RBA Commodity Index SDR (YoY) 06:30 -9.80% CHF CHF Retail Sales (Real) (YoY) 07:15 3.70% CHF CHF SVME-Purchasing Managers Index 07:30 48.60 EUR EUR Italian Purchasing Manager Index Manufacturing 07:45 44.30 EUR EUR French Purchasing Manager Index Manufacturing 07:50 46.20 EUR EUR German Purchasing Manager Index Manufacturing 07:55 45.10 EUR EUR Euro-Zone Purchasing Manager Index Manufacturing 08:00 45.30 GBP GBP Purchasing Manager Index Manufacturing 08:30 45.40 AUD AUD RPData-Rismark House PX Actual 14:30 GBP GBP BRC Sales Like-For-Like (YoY) 23:01 0.10% JPY JPY Monetary Base (YoY) 23:50 8.60% GBP GBP Halifax Plc House Prices s.a. (MoM) -0.60% GBP GBP Halifax House Price (3MoY) -0.60% NZD NZD ANZ Commodity Price 01:00 -0.50% JPY JPY Labor Cash Earnings (YoY) 01:30 -0.60% AUD AUD Current Account Balance (Australian Dollar) 01:30 -14892M AUD AUD Australia Net Exports of GDP 01:30 -0.50 4-Sep Tue AUD AUD Reserve Bank of Australia Rate Decision 04:30 3.50% 3.50% CHF CHF Gross Domestic Product (QoQ) 05:45 0.70% CHF CHF Gross Domestic Product (YoY) 05:45 2.00% GBP GBP Purchasing Manager Index Construction 08:30 50.90 EUR EUR Euro-Zone Producer Price Index (MoM) 09:00 -0.50% EUR EUR Euro-Zone Producer Price Index (YoY) 09:00 1.80% USD USD Markit US PMI Final 12:58 USD USD ISM Manufacturing 14:00 50.00 49.80 USD USD ISM Prices Paid 14:00 39.50 USD USD Construction Spending (MoM) 14:00 0.50% 0.40% USD USD Total Vehicle Sales 21:00 14.00M 14.05M USD USD Domestic Vehicle Sales 21:00 11.00M NZD NZD Value of All Buildings s.a. 22:45 -0.40% GBP GBP BRC Shop Price Index (YoY) 23:01 1.00% AUD AUD AiG Performance of Service Index 23:30 46.50 JPY JPY BOJ Board Member Miyao's Speech and Press Conference 01:30 AUD AUD Gross Domestic Product (QoQ) 01:30 1.30% AUD AUD Gross Domestic Product (YoY) 01:30 4.30% CNY CNY HSBC Services PMI 02:30 53.10 5-Sep Wed CHF CHF Consumer Price Index (MoM) 07:15   -0.50% CHF CHF Consumer Price Index (YoY) 07:15 -0.70% CHF CHF CPI - EU Harmonised (MoM) 07:15 -0.30% CHF CHF CPI - EU Harmonised (YoY) 07:15 -0.80% EUR EUR Italian Purchasing Manager Index Services 07:45 43.00 EUR EUR French Purchasing Manager Index Services 07:50 50.20 EUR EUR German Purchasing Manager Index Services 07:55 48.30 EUR EUR Euro-Zone Purchasing Manager Index Composite 08:00 46.60 EUR EUR Euro-Zone Purchasing Manager Index Services 08:00 47.50 GBP GBP Purchasing Manager Index Services 08:30 51.00 GBP GBP Official Reserves (Changes) 08:30 $528M EUR EUR Euro-Zone Retail Sales (MoM) 09:00 0.10% EUR EUR Euro-Zone Retail Sales (YoY) 09:00 -1.20% USD USD MBA Mortgage Applications 11:00 USD USD Non-Farm Productivity 12:30 1.90% 1.60% USD USD Unit Labor Costs 12:30 1.50% 1.70% CAD CAD Bank of Canada Rate Decision 13:00 1.00% USD USD ISM New York 13:45 55.20 JPY JPY Japan Buying Foreign Bonds (Yen) 23:50 JPY JPY Japan Buying Foreign Stocks (Yen) 23:50 JPY JPY Foreign Buying Japan Bonds (Yen) 23:50 JPY JPY Foreign Buying Japan Stocks (Yen) 23:50 AUD AUD Employment Change 01:30 14.0K AUD AUD Unemployment Rate 01:30 5.20% AUD AUD Full Time Employment Change 01:30 9.2K AUD AUD Part Time Employment Change 01:30 4.8K AUD AUD Participation Rate 01:30 65.20% JPY JPY Tokyo Avg Office Vacancies (%) 02:00 9.30 JPY JPY BOJ Governor Shirakawa to Speak 03:40 6-Sep Thu EUR EUR Euro-Zone Household Consumption (QoQ) 09:00   0.00% EUR EUR Euro-Zone Gross Fixed Capital (QoQ) 09:00 -1.40% EUR EUR Euro-Zone Government Expenditure (QoQ) 09:00 0.20% EUR EUR Euro-Zone Gross Domestic Product s.a. (QoQ) 09:00 -0.20% EUR EUR Euro-Zone Gross Domestic Product s.a. (YoY) 09:00 -0.40% EUR EUR German Factory Orders s.a. (MoM) 10:00 -1.70% EUR EUR German Factory Orders n.s.a. (YoY) 10:00 -7.80% GBP GBP BoE Asset Purchase Target 11:00 375B GBP GBP Bank of England Rate Decision 11:00 0.50% 0.50% USD USD Challenger Job Cuts (YoY) 11:30 -44.50% EUR EUR European Central Bank Rate Decision 11:45 0.75% USD USD RBC Consumer Outlook Index 12:00 46.40 USD USD ADP Employment Change 12:15 163K USD USD Initial Jobless Claims 12:30 372K USD USD Continuing Claims 12:30 USD USD ISM Non-Manufacturing Composite 14:00 53.00 52.60 AUD AUD AiG Performance of Construction Index 22:30 GBP GBP New Car Registrations (YoY) 9.30% EUR EUR German Wholesale Price Index (MoM) 0.30% EUR EUR German Wholesale Price Index (YoY) 2.00% AUD AUD Trade Balance (Australian dollar) 01:30 9M 7-Sep Fri JPY JPY Leading Index (JUL P) 05:00   93.20 JPY JPY Coincident Index (JUL P) 05:00 94.10 CHF CHF Unemployment Rate 05:45 2.70% CHF CHF Unemployment Rate s.a. 05:45 2.90% EUR EUR German Exports s.a. (MoM) 06:00 -1.50% EUR EUR German Imports s.a. (MoM) 06:00 -3.00% EUR EUR German Current Account (euros) 06:00 16.5B EUR EUR German Labor Costs Workday Adj (YoY) 06:00 EUR EUR German Labor Costs Seas. Adj. (QoQ) 06:00 EUR EUR German Trade Balance (euros) 06:00 17.9B AUD AUD Foreign Reserves (Australian dollar) 06:30 A$46.8B CHF CHF Foreign Currency Reserves 07:00 406.5B GBP GBP BoE/GfK Inflation Next 12 Mths 08:30 3.70% GBP GBP Industrial Production (MoM) 08:30 -2.50% GBP GBP Industrial Production (YoY) 08:30 -4.30% GBP GBP Manufacturing Production (MoM) 08:30 -2.90% GBP GBP Manufacturing Production (YoY) 08:30 -4.30% GBP GBP Producer Price Index Input n.s.a. (MoM) 08:30 1.30% GBP GBP Producer Price Index Input n.s.a. (YoY) 08:30 -2.40% GBP GBP Producer Price Index Output n.s.a. (MoM) 08:30 0.00% GBP GBP Producer Price Index Output n.s.a. (YoY) 08:30 1.70% GBP GBP Producer Price Index Output Core n.s.a. (MoM) 08:30 0.00% GBP GBP Producer Price Index Output Core n.s.a. (YoY) 08:30 1.30% EUR EUR German Industrial Production s.a. (MoM) 10:00 -0.90% EUR EUR German Industrial Production n.s.a. and w.d.a. (YoY) 10:00 -0.30% CAD CAD Labor Productivity (QoQ) 12:30 USD USD Change in Non-farm Payrolls 12:30 105K 163K CAD CAD Unemployment Rate 12:30 7.30% USD USD Change in Private Payrolls 12:30 113K 172K CAD CAD Net Change in Employment 12:30 -30.4K USD USD Change in Manufacturing Payrolls 12:30 2K 25K CAD CAD Full Time Employment Change 12:30 21.30 USD USD Unemployment Rate 12:30 8.30% 8.30% CAD CAD Part Time Employment Change 12:30 -51.60 USD USD Average Hourly Earnings All Employees (MoM) 12:30 0.20% 0.10% CAD CAD Participation Rate 12:30 66.50 USD USD Average Hourly Earnings All Employees (YoY) 12:30 1.70% CAD CAD Building Permits (MoM) 12:30 -2.50% USD USD Average Weekly Hours All Employees 12:30 34.50 34.50 USD USD Change in Household Employment 12:30 -195.00 USD USD Underemployment Rate (U6) 12:30 15.00% CAD CAD Ivey Purchasing Managers Index s.a. 14:00 62.80 GBP GBP NIESR Gross Domestic Product Estimate 14:00 -0.20% 1. http://www.reuters.com/article/2012/08/31/us-spain-bank-idUSBRE87U0II20120831 2. http://buzz.money.cnn.com/2012/08/31/spain-unemployment/ 3. http://www.washingtonpost.com/business/economy/bernanke-fed-intends-to-be-forceful-in-supporting-recovery/2012/08/31/47a5c396-f373-11e1-adc6-87dfa8eff430_story.html 4. http://www.thedailybeast.com/cheats/2012/08/29/us-gdp-revised-up.html 5. http://www.bloomberg.com/news/2012-08-29/pending-sales-of-existing-homes-in-u-s-rebounded-in-july.html 6. http://articles.marketwatch.com/2012-08-29/economy/33462937_1_home-sales-months-of-year-over-year-gains-lawrence-yun 7. http://www.usatoday.com/money/economy/housing/story/2012-08-23/housing-reports-august-28/57234792/1 8. http://articles.marketwatch.com/2012-08-30/economy/33486238_1_savings-rate-survey-of-consumer-confidence-personal-income 9. http://www.reuters.com/article/2012/08/31/us-economy-idUSBRE87S0ID20120831 10. http://www.chicagotribune.com/business/breaking/chi-american-us-airways-say-they-are-evaluating-potential-merger-20120831,0,4896517.story 11. http://buzz.money.cnn.com/2012/08/31/facebook-stock-2/ 12. http://blogs.wsj.com/marketbeat/2012/08/31/stocks-to-watch-splunk-zumiez-saic/ 13. http://www.depositaccounts.com/blog/2012/08/another-money-market-rate-increase-at-sallie-mae-bank.html 14. http://www.bestsyndication.com/?q=20120831_current_mortgage_rates_today_sti_key.htm 15. http://www.boston.com/cars/news/articles/2012/08/30/us_natural_gas_supplies_grew_last_week/ 16. http://community.nasdaq.com/News/2012-08/surprise-build-in-crude-supplies-analyst-blog.aspx?storyid=168852 17. http://www.foxbusiness.com/news/2012/08/31/ypf-ceo-unveils-five-year-growth-plan-in-argentina/ 18. http://seekingalpha.com/article/831641-crop-progress-slightly-worse-conditions-at-harvest 19. http://www.chinapost.com.tw/business/americas/2012/08/29/352476/Record-Argentine.htm 20. http://www.agprofessional.com/news/Argentina-to-help-fill-global-soy-gap-167733345.html 21. http://www.bloomberg.com/news/2012-08-28/corn-may-extend-slide-soybeans-fall-on-u-s-sales-brazil-crop.html 22. http://www.bloomberg.com/news/2012-08-28/south-africa-to-reap-12-less-wheat-in-season-committee-says.html 23. http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=157999&sn=Detail&pid=102055 24. http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=157993&sn=Detail&pid=102055 25. http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=157905&sn=Detail&pid=102055 26. http://www.reuters.com/article/2012/08/30/us-coffee-brazil-flowering-idUSBRE87T14420120830 27. http://www.brecorder.com/markets/commodities/america/76240-colombian-coffee-dealers-strive-to-attract-buyers-.html 28. http://www.businessweek.com/news/2012-08-31/coffee-crop-in-vietnam-set-to-drop-from-record-on-drier-weather 29. http://www.reuters.com/article/2012/08/27/us-cocoa-ivorycoast-weather-idUSBRE87Q0O020120827 30. http://www.dailyguideghana.com/?p=59026 31. http://www.bloomberg.com/news/2012-08-30/brazilian-sugar-at-ports-drops-10-in-a-week-on-dryness.html _______________________________________________________________________________________ Disclaimer: Trading and investing involve a substantial degree of a risk of loss and are not suitable for everyone. 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