U.S. farmers had harvested nearly two thirds of their
soybean crop and 45% of their corn by Sunday, while soybean
condition ratings improved, according to weekly data from the
U.S. Agriculture Department released on Monday.
London cocoa futures rose to the highest prices in 46 years
on Monday as the market remains supported by the outlook of
limited supplies, while arabica coffee slipped but remained well
above last week's 9-month lows.
The U.S. Department of Agriculture's (USDA) weekly crop progress report should show the U.S. soybean harvest as 57% complete and the corn harvest as 46% complete, according to the average of estimates from 10 analysts polled by Reuters on Monday.
Harvest pace for U.S. Crop Watch producers was quick at the start of last week, but most of them were rained out for at least a couple of days toward the weekend, resulting in medium progress for the week.
U.S. Secretary of Transportation Pete Buttigieg met on Monday with his Mexican counterpart to discuss a number of sticking points regarding Mexico's aviation industry.
The U.S. soybean crush jumped last month to the highest-ever level for September, while end-of-month soyoil stocks thinned to the lowest in nearly nine years, according to National Oilseed Processors Association (NOPA) data released on Monday.
Goldman Sachs on Monday said it expects industrial metals markets to remain vulnerable to incremental softness in the near term due to deteriorating demand and the impact from higher interest rates.
Lululemon Athletica's stock jumped by more than 10% to an almost two-year high on Monday buoyed by the addition of the Canadian sportswear maker into the Wall Street benchmark S&P 500 index.
Brazilian mills have hedged around 10 million metric tons of 2024/25 sugar sales using ICE futures by the end of September, a similar hedging pace to that of the previous year, according to a report by risk advisory consultancy Archer.
Arabica coffee futures traded on the ICE exchange slipped on Monday but remained well above last week's 9-month lows as the market continues to consolidate, while cocoa futures headed back towards recent multi-year highs.
Settlement talks have collapsed between Facebook's parent company Meta and Kenyan content moderators over a lawsuit alleging unfair dismissal, a tech rights group working with the moderators said on Monday.
Ukraine's agriculture ministry said on Monday that farmers had sown around 3.3 million hectares of winter grain crops as of Oct. 16, or 65.2% of the expected area.
Rains mixed with long sunny spells across most of Ivory Coast's main cocoa-growing regions helped the development of the October-to-March main crop last week, farmers said on Monday.
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