Chicago wheat futures were unchanged on Tuesday after export-threatening Russian attacks on Ukrainian ports pushed them up more than 2% in the previous session, but prices remained near their lowest since 2020 amid plentiful supply.
The U.S. Department of Agriculture's (USDA) National Agricultural Statistics Service in a weekly crop report on Monday rated 55% of the winter wheat in top producer Kansas in good to excellent condition, up from 53% the previous week.
Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas.
Cocoa futures in New York and London gained more than 4% on Monday to reach record highs, buoyed by a supply shortage after poor crops in West Africa, while robusta coffee and sugar prices were also higher.
United Airlines is reviewing recent safety incidents involving its planes and using the insights to update safety training and procedures for employees, CEO Scott Kirby said on Monday.
FXEmpire.com - Natural Gas
Natural Gas 180324 Daily Chart
Natural gas did not manage to settle below the support at $1.60 – $1.65 as traders focused on cooler weather trends.
U.S. wheat futures rose more than 2% on Monday as Russia’s weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.
FXEmpire.com - Gold
Gold 180324 Daily Chart
Gold gains some ground despite rising Treasury yields. Demand for gold stays strong as central banks continue to buy gold for reserves.
FXEmpire.com - Natural Gas Technical Analysis
Take a look at the natural gas markets and you can see that we have rallied a little bit during the trading session here on Monday, as we could be forming a little bit of a double bottom. That being said, what you need to look at this
Logistics company CLI, who operates one of the largest agricultural commodities export terminals in Brazil, projects to ship around 15% more grains and sugar in 2024 due to increased demand from commodities traders and mills.
Logistics company CLI, who operates one of the largest agricultural commodities export terminals in Brazil, projects to ship around 15% more grains and sugar in 2024 due to increased demand from commodities traders and mills.
A prolonged lack of abundant rainfall mixed with a strong heat wave in most of Ivory Coast's cocoa-growing regions is threatening to reduce the size of the April-to-September mid-crop and damage its quality, farmers said on Monday.
Cocoa futures in New York and London climbed to record highs on Monday, buoyed by a supply shortage after poor crops in West Africa, while coffee and sugar prices were also higher.
Brazil's soybean harvest for the 2023/24 cycle had reached 63% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday, up 8 percentage points from the previous week.
Egypt has extended a ban on exporting sugar for three more months, except for surplus quantities beyond local market needs, the cabinet said on Monday.
Chicago wheat futures rose on Monday for the first time in four sessions, recovering from last week's losses as Russian attacks on Ukraine's agricultural infrastructure over the weekend supported prices.
Speculators covered short positions in Chicago corn and soybeans last week, chipping away at their still-massive bearish bets as futures continued climbing off multi-year lows.
Saudi Arabia is considering transferring ownership of national carrier Saudia to the sovereign wealth fund, the Public Investment Fund, two sources familiar with the matter said.