An agribusiness consultancy on Friday raised the forecast for Brazil's 2023/2024 soybean crop to 151.5 million metric tons, citing improved climate conditions in a season marked by excessive heat and dryness in key production regions like center-west Brazil.
An agribusiness consultancy on Friday raised the forecast for Brazil's 2023/2024 soybean crop while another cut its projection, indicating how different methodologies and unpredictable weather events have made it difficult to estimate the country's output this season.
Indonesian state purchasing agency Bulog is believed to have purchased about 300,000 metric tons of rice an international tender which closed on Wednesday, European traders said on Friday.
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts said on Friday.
Lufthansa expects to get an EU antitrust warning in the coming weeks over its bid for a minority stake in ITA Airways and is prepared to offer targeted remedies to address competition concerns, a person with direct knowledge of the matter said.
Polish farmers protested on the border with Lithuania on Friday against what they say are imports of Ukrainian grain through the Baltic country, something Vilnius denies.
World Trade Organization (WTO) negotiators extended talks again in Abu Dhabi on Friday as they struggled to break a political deadlock after five days of high-level negotiations.
Argentine farm exports rose to $1.52 billion in February, a 64% jump from the same month last year, oilseed industry and grains export chamber CIARA-CEC said on Friday.
Reliance Inc (Symbol: RS) has been named as a Top 5 dividend paying metals and mining stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among metals and mining companies, RS shares displayed both attractive valuatio
Chicago soybeans inched higher on Friday, with the market recovering from last session's three-year low, although large South American supplies and lacklustre demand for U.S. cargoes are expected to curb the upside potential in prices.
Starbucks union representatives want to create a national template for labor contract negotiations with the coffee chain, according to union organizers - an idea a Starbucks spokeswoman said the company believes is "speculative."
Raw sugar futures on ICE hit their lowest in nearly two months on Friday as concerns over supply continue to ebb, while cocoa regained some ground after Wednesday's steep fall.
Copper prices in London fell on Friday as shrinking factory activity in top metals consumer China for a fifth straight month fuelled uncertainty about the demand outlook for industrial metals.
Grain trader Archer-Daniels-Midland said on Friday it expects to report material weakness in the internal control over financial reporting in its annual report, which it aims to file by March 15.
China's state planner issued minimum purchase prices for some kinds of rice on Friday, raising the purchase price for early indica rice from a year ago while keeping others unchanged.
China has set the minimum purchase price for 2024 early indica rice, mid-late indica and japonica at 127 yuan ($17.64), 129 yuan and 131 yuan per 50 kilograms respectively, the National Development and Reform Commission said in a statement on Friday.
Malaysian palm oil futures closed lower on Friday on profit-taking and cautious trading ahead of a major industry conference in Kuala Lumpur next week, although the contract posted gains for the week.
Taiwan's MFIG purchasing group bought about 65,000 metric tons of animal feed corn, expected to be sourced from the United States, in a tender on Friday, European traders said.
Ryanair will carry 198 million to 200 million passengers in the financial year from April versus the 205 million previously forecast, after announcing cuts to its summer schedule on Friday due to Boeing delivery delays.
Reuters
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