Speculators eased concerns over global grain and oilseed inventories late last year, but their selling enthusiasm, especially in Chicago-traded corn, soybeans and soybean meal, has accelerated this month as U.S. government outlooks corroborate the supply comfort.
Russian wheat export prices continued to decline last week following a drop in global markets, while shipments also fell amidst challenging weather conditions, analysts said.
Shares of Archer-Daniels-Midland tumbled 12% in premarket trading on Monday after the company placed its CFO Vikram Luthar on administrative leave for an investigation and cut its full-year profit forecast.
Shares of Archer-Daniels-Midland slid 15% in premarket trading on Monday after CFO Vikram Luthar was placed on administrative leave as the company investigates certain accounting practices at its Nutrition segment.
Brazil's 2023/24 soybean harvest had reached 6% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday, up 3.7 percentage points from the previous week and above the 1.8% seen at the same time a year earlier.
Until zinc demand picks up significantly and the market stops focusing on projected surpluses of the metal used to galvanise steel, price rallies triggered by production cuts are unlikely to be sustained.
Shares of Archer-Daniels-Midland tumbled 14% in premarket trading on Monday after the company placed its CFO Vikram Luthar on administrative leave and cut its full-year profit forecast.
French farmers' representatives threatened to expand protests on Monday before a meeting with government to address anger over price pressures, taxes and green regulation - grievances that are shared by farmers across Europe.
Copper prices slipped on Monday as the market focused on poor demand prospects, particularly in top consumer China, while outflows from London Metal Exchange (LME) warehouses and a softer dollar provided support.
Britain's rail network was disrupted, flights were cancelled and thousands of homes were left without power on Monday after the country was battered by Storm Isha overnight.
Malaysian palm oil futures snapped two consecutive sessions of gains on Monday, weighed down by weakness in crude oil prices, although losses were limited by higher exports and production concerns.
Copper advanced on Monday aided by a weaker dollar amid caution ahead of several central bank meetings, while a record high U.S. equities market also boosted sentiment.
The U.S. Federal Aviation Administration (FAA) late on Sunday recommended operators of Boeing 737-900ER aircraft visually inspect mid-exit door plugs to ensure the component is properly secured.
The U.S. Federal Aviation Administration late Sunday recommended airlines operating Boeing 737-900ER jets inspect door plugs to ensure they are properly secured after some operators reported unspecified issues with bolts upon inspections.
A pilots union on Monday voted to strike at Taiwan's Eva Airways in a dispute over salaries and working conditions, raising the prospect of industrial action that could impact flights over the crucial Lunar New Year holidays next month.
Malaysian palm oil futures snapped a
two-session rally on Monday, weighed down by weaker crude oil
prices although production concerns and strength in rival edible
oils capped the losses.