Deliveries of raw sugar on the expiry of the March contract on ICE exchange were seen at 25,751 lots, or around 1.3 million metric tons, according to preliminary information from two traders on Thursday.
(RTTNews) - Anheuser-Busch (BUD), the parent company of Budweiser, has reached an agreement with the Teamsters union to boost wages, vacation days and pension contributions.
Louis Dreyfus has reached an agreement to sell a corn processing unit to Brazilian privately owned ingredients company Milhao Ingredientes, both companies said on Thursday.
Emirates Airlines President Tim Clark expressed doubts on Thursday about whether the company would get its order of Boeing aircraft by the end of next year and said the U.S. planemaker needed to "make changes".
FXEmpire.com - Natural Gas
Natural Gas 290224 Daily Chart
Natural gas settled near the $1.90 level as traders reacted to the EIA report, which showed that working gas in storage decreased by 96 Bcf from the previous week.
The International Cocoa Organization (ICCO) on Thursday forecast an increased global cocoa deficit in the current 2023/24 season as aged trees and disease contribute to a drop in production in top growers Ivory Coast and Ghana.
Wildfires raging in the Texas Panhandle have destroyed grain in storage bins and likely killed tens of thousands of livestock, state Agriculture Commissioner Sid Miller said in an interview on Thursday.
Anffa, a union group representing health auditors, said they would continue protesting work conditions pending a new round of talks with the government to negotiate better contract terms, according to a statement on Thursday.
Chicago Board of Trade soybean futures fell to a new three-year low on Thursday, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.
Chile's SQM , the world's second-largest lithium producer, expects stable lithium prices over the next three months and strong demand through the year, executives said in a call with analysts on Thursday.
FXEmpire.com - On February 29, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by 96 Bcf from the previous week, compared to analyst consensus of -88 Bcf.
American planemaker Boeing needs to make changes, Emirates President Tim Clark said on Thursday, as it faces regulatory scrutiny following the blowout of a panel on one of the airline's MAX 9 jets during a flight on Jan. 5.
German sportswear company Puma on Thursday lowered its profit margin target for 2025, as it anticipates significant headwinds from currencies to weigh further on the business.
Nickel prices touched their highest in more than two months on Thursday as some investors bet that a slide in the market had hit a floor on worries about supply from top producer Indonesia.
Bayer may have to ask shareholders for fresh capital to shore up its finances even after the debt-laden German drugmaker slashed dividends last week in its latest effort to get wiggle room, analysts said.
Malaysian palm oil futures closed up on Thursday, tracking strength in rival oils, while the market is waiting for leads from a major industry conference due to be held in Kuala Lumpur next week.
India's basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan is offering the grain at competitive prices amid a rebound in production, industry officials said.
Indonesia's food procurement company Bulog is optimistic rice prices will be under control ahead of the Islamic fasting month of Ramadan that starts in the second week of March as harvests improve supplies, its chief executive said on Thursday.
Birkenstock beat market expectations for first-quarter revenue on Thursday, as the German sandal maker gained from the full-price selling of its footwear and rising U.S. demand for more casual cork-based shoes.
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