Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, according to the farm ministry's latest data, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage.
The Mexican government is no longer planning on moving up the timeline to pay off some $4.2 billion in outstanding bonds issued to finance a partly built airport on the outskirts of Mexico City that was later canceled, a senior transport official said on Friday.
Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs.
Raw sugar futures on ICE hit 2-1/2-week lows on Friday,
posting a second straight weekly loss as the market continues to
consolidate at current, still historically high levels. Arabica
coffee gained the most in the week among softs.
Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to Aug. 1, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and cut their net long position in soybeans.
A study of analyst recommendations at the major brokerages shows that Companhia Siderurgica Nacional (Symbol: SID) is the #50 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals
In trading on Friday, shares of Sandstorm Gold Ltd (Symbol: SAND) crossed above their 200 day moving average of $5.40, changing hands as high as $5.51 per share. Sandstorm Gold Ltd shares are currently trading up about 2.9% on the day. The chart below shows the one year perfo
Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs.
Raw sugar futures on ICE hit 2-1/2 week lows on Friday, heading for a second straight weekly loss as the market continues to consolidate at current, historically high levels.
Soft wheat exports from the European Union so far in the 2023/24 season had reached 2.35 million metric tons by July 30, down 13% from 2.70 million tons a year earlier, data published by the European Commission showed on Friday.
Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with producer De Beers in July.
Chicago wheat climbed 3.5% on Friday after a Ukrainian drone attack near the Russian Black Sea export hub of Novorossiysk rekindled global supply fears while India raised demand expectations by announcing it could scrap an import tax.
Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with producer De Beers in July.
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