Chicago wheat futures rose on Thursday, after Russia allegedly dropped explosives in a Black Sea grain shipping route and traders looked ahead to harvests hit by dry weather in Argentina and Australia that are likely to tighten supply.
The board of South Korea's Asiana Airlines is due to meet again on Thursday to decide whether to agree to sell its cargo service, which would help clear the way for a proposed merger with Korean Air Lines.
Costa Rican coffee exports spiked by nearly 120% in October compared to the same month last year, according to preliminary data released on Wednesday by national coffee institute ICAFE.
Swiss-based sustainability group Better Cotton said on Thursday it has added new functions to a platform that big retailers use to trace materials through their supply chains.
The amount of arabica coffee stored at certified warehouses of the Intercontinental Exchange (ICE) fell on Wednesday to 380,033 60-kg bags, the lowest level in 24 years, according to data from the exchange and information compiled by Reuters.
U.S. President Joe Biden on Wednesday said consolidation in meat processing and retail chains over the decades has hurt U.S. farmers and announced $5 billion in new investments benefiting rural Americans during a visit to a family farm in Minnesota.
Nutrien fell short of analysts' estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world's biggest fertilizer producer.
Arabica coffee futures on ICE exchange fell more than 4% on
Wednesday, giving up most of the prior session's steep gains,
while London cocoa prices fell further from a record peak set
earlier this week.
Benchmark U.S. corn futures fell to their lowest point in seven weeks on Wednesday as the harvest continued and showed better than expected yields, while weather forecasts improved in crop areas of South America.
In trading on Wednesday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed above their 200 day moving average of $107.23, changing hands as high as $109.35 per share. Steel Dynamics Inc. shares are currently trading up about 2.4% on the day. The chart below shows the one y
Commodity brokerage StoneX on Wednesday raised its estimate of U.S. 2023 corn production to 15.302 billion bushels from 15.282 billion in its previous monthly report.
Benchmark U.S. corn futures fell to their lowest in seven weeks on Wednesday as the harvest continued and showed better than expected yields, while weather forecasts improved in crop areas of South America.
Soy farming has been linked to a rise in child cancer deaths in Brazil, the world's biggest producer and exporter of the oilseed and one of the top users of pesticides for protecting crops from disease and pests, according to a study in the South American country.
The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger airlines that dominate the U.S. skies.
Russia's agriculture ministry has proposed the government impose a six-month ban on durum wheat exports, the Interfax news agency quoted it as saying on Wednesday.
The United States' goal of rapidly ramping up production of sustainable aviation fuel (SAF) may encounter strong headwinds as producers balk at the low margins for the biofuel and some airlines flag concerns over the costly switch, experts said.
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