Forest loss driven by rubber production in Southeast Asia could be two to three times higher than estimated, highlighting the challenges facing importers under pressure to find sustainable supplies, research showed on Wednesday.
India will allow exports of non-basmati white rice to a clutch of countries such as the Philippines - one of the world's biggest importers of the grain - a government order said on Wednesday.
Wall Street's main indexes fell on Wednesday as growing tensions in the Middle East dented risk sentiment, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses.
London cocoa futures on ICE were marginally lower as the market consolidated just below the prior session's recent peak while raw sugar prices also fell.
Chicago wheat futures rose for the first time in three sessions on bargain buying on Wednesday while soybean futures hit a three-week high, as strong demand in the U.S. domestic market underpinned prices.
U.S. soybean oil supplies have declined significantly in the last couple of months, but so have prices, which is counterintuitive. Increasing volumes of vegetable oil being imported could at least partially explain this.
Good growing conditions will push this year's grain maize crop in France, the European Union's largest producer, above the five-year average despite farmers turning away from the grain after a poor 2022 harvest, growers group AGPM said on Wednesday.
London cocoa futures on ICE were lower on Wednesday, slipping back from the prior session's record high, while sugar prices rose as India extended export curbs.
Argentina's Economy Minister Sergio Massa has a titanic task ahead of him: convincing voters to back a Peronist coalition that has overseen inflation top 138% and a painful cost-of-living crisis push two-fifths of the population into poverty.
U.S. coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in the country intensifies.
India raised the price at which it buys locally produced new-season wheat by 150 rupees or 7% to encourage farmers to expand the growing area as New Delhi tries to increase production.
Prices for copper and other base metals rose in London on Wednesday after better-than-expected economic data from China brightened the demand outlook in the world's top consumer.
The British Museum said on Wednesday it planned to digitise its entire collection citing the need to secure public access its vast catalogue after it reported in August that 2,000 artefacts had been stolen or were missing.