The benchmark S&P 500 and the Nasdaq were on track for a lower open on Thursday after a jobs report indicated resilience in the labor market, tempering expectations on how early interest-rate cuts could begin.
Jordan's state grains buyer purchased about 120,000 metric tons of hard milling wheat to be sourced from optional origins in an international tender on Thursday, traders said.
Conagra Brands on Thursday cut organic net sales growth and profit forecasts for fiscal 2024 and warned of a slower recovery in demand for its packaged meals and snacks.
Brazilian agribusiness firm SLC Agricola said on Thursday that one of its cotton bales warehouses at a farm in northeastern Bahia state was hit by a fire on Jan. 2, damaging part of its output.
Conagra Brands on Thursday cut organic net sales growth and profit forecast for fiscal 2024 and warned of a slower recovery in demand for its packaged meals and snacks.
Arabica coffee futures on ICE fell on Thursday, drifting back towards the previous session's three-week low, as rains improved the crop outlook in top grower Brazil.
Czarnikow on Thursday forecast a small global sugar surplus of 1.6 million metric tons for the current 2023/24 season due to favourable weather in top producer Brazil and rains in the latter half of the season in Thailand.
Chicago soybean futures slid on Thursday, with the market dropping for four of five sessions as beneficial rains in top exporter Brazil weighed on prices.
Russia's Rusal, the world's largest aluminium producer outside China, said that output at its Krasnoyarsk smelter was unaffected after a fire at an electricity transformer was extinguished on Wednesday.
Jordan's international tender to purchase 120,000 metric tons of wheat is believed to have attracted participation from seven trading companies, according to traders' initial assessments of the tender that closed on Thursday.
Some six trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase 120,000 metric tons of wheat which closed on Thursday, traders said in initial assessments.
A Coast Guard plane was making its third emergency trip to an earthquake zone within 24 hours when it collided with a passenger jet at a very busy Haneda airport, a Coast Guard official told Reuters.
Polish farmers blockaded the Medyka border crossing with Ukraine on Thursday, private broadcaster Polsat News reported, resuming a protest intended to secure government subsidies for corn and prevent tax increases.
A group of South Korean flour mills has issued an international tender to buy an estimated 50,000 metric tons of milling wheat sourced from the United States, European traders said on Thursday.
Japan Airlines on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo's Haneda airport this week.
Malaysia's palm oil inventories at the end of December likely fell further despite shrinking exports, as production declined, a Reuters survey showed on Thursday.
China will use "all strengths" to accelerate the advancement and use of agricultural technology to secure higher productivity and a stable supply of crops, the agriculture ministry said on Thursday.
Reuters
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