Malaysian palm oil futures fell for a second straight session on Monday, weighed down by weakness in rival vegetable oils and strength in the Malaysian ringgit.
Chicago soybean futures dropped on Monday as the prospect of downpours in drought-stricken Brazil, the biggest global supplier, offset concerns over lacklustre output, while corn and wheat also dipped after a brief rally last week.
London copper prices slipped from a near four-month high on Monday as the U.S. dollar strengthened but supply worries amid production disruption in the Cobre mine in Panama capped further losses.
U.S. corn and wheat futures have recently hit contract lows and multi-year lows on a most-active basis, tumbling significantly from record or near-record highs set last year.
Alaska Air said on Sunday that it has entered an agreement to acquire Hawaiian Airlines for $1.9 billion, which includes $0.9 billion of Hawaiian Airlines net debt.
Algeria’s state grains agency OAIC has issued an international tender to purchase a nominal 50,000 metric tonnes of durum wheat, European traders said on Sunday.
China is likely to implement proactive fiscal policy next year as there is still a need for the world's second-biggest economy to realise stable growth, a former central banker was cited as saying in state-owned media on Sunday.
Vietnam's VietJet Aviation and UAE-based Novus Aviation Capital have entered into a memorandum of understanding to jointly establish an aircraft financing and leasing firm in Vietnam, the budget airline said on Saturday.
Climate advocacy groups are pressuring world governments gathered at this year’s United Nation’s COP28 climate conference in Dubai to commit to cutting global food sector emissions, as the conference host promises to put agriculture in the spotlight.
Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Monday, along with S&P MidCap 400 constituents Jabil Inc and Builders FirstSource Inc, S&P Dow Jones Indices announced late Friday.
In trading on Friday, shares of Hudbay Minerals Inc (Symbol: HBM) crossed above their 200 day moving average of $4.85, changing hands as high as $4.88 per share. Hudbay Minerals Inc shares are currently trading up about 6.8% on the day. The chart below shows the one year perf
Exceptionally hot and dry weather in Brazil’s leading soybean region persisted for a second consecutive month through November, maintaining yield concerns.
In trading on Friday, shares of Pan American Silver Corp (Symbol: PAAS) crossed above their 200 day moving average of $15.82, changing hands as high as $16.20 per share. Pan American Silver Corp shares are currently trading up about 3.3% on the day. The chart below shows the
Chicago soybean futures fell on Friday as the weather forecast in drought-stricken northern Brazil promised much-needed rain for producers who are dealing with the prospect of low yields and damaged crops.
Arabica coffee futures on the ICE exchange hit a six-month peak on Friday as traders' attention returned to the slide in ICE-certified stocks to 24-year lows, while raw sugar hit a three-month trough.
Brazilian food processor BRF plans to increase its direct purchases of grain from farmers to 40% of its total by next year, as it seeks to increase control over its production chain while trying to reach traceability goals, executives said.