Chicago soybean futures fell for a fourth day on Friday as expected rainfall in Brazil eased concerns that arid conditions in the world's top soy exporter would drive yields lower and tighten supply.
Prices of parboiled rice from top exporters climbed this week, fuelled by limited supplies, pushing Vietnamese rates to their highest in more than 15 years, and in turn driving up the less expensive Indian variety to its highest in two months.
The EuroChem group, a global fertilizer supplier headquartered in Switzerland, on Thursday said it will start production of phosphate fertilizers in the first quarter of 2024 in the Brazilian state of Minas Gerais.
Nike missed market expectations for quarterly sales on Thursday, hurt by weak wholesale business in North America and a feeble recovery in China as customers in both the key markets continue to spend cautiously.
Recent rains across Argentina's farming heartland are boosting prospects for the country's key soy crop, reports from the government and the leading grains exchange showed on Thursday.
Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.
Raw sugar futures on ICE hit a nine month low on Thursday amid soaring output from top producer Brazil and reduced weather concerns, for now, while robusta coffee again hit its highest in at least 15 years.
The area planted with soy in Argentina's 2023/24 campaign is estimated at 16.7 million hectares, the government said in a monthly crops report, 100,000 hectares larger than November's forecast after recent rains aided planting efforts.
The United States generated fewer renewable fuel blending credits in November versus the month prior, data from the Environmental Protection Agency (EPA) showed on Thursday.
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the o
Italian eyewear maker Safilo said on Thursday it was ending a licensing agreement with top fashion influencer Chiara Ferragni, who has come under fire for misleading advertising on charity initiatives.
The European Commission on Thursday increased its forecast for usable production of maize in the European Union in 2023/24, to 61.4 million metric tons from 59.9 million forecast a month ago.
Global retailers selling apparel, household staples and white goods face bigger risks from disruptions in freight movement through the key Suez Canal trade route as Iran-backed Yemeni militants attack ships sailing through the lower Red Sea.
Norway's competition watchdog said on Thursday it has approved the planned acquisition by Norwegian Air of domestic rival Wideroe after previously warning it could block the deal.
French fine jeweller Messika, whose designs have adorned the likes of singers Beyonce and Rihanna, is looking for a new financial backer to take a minority stake and help grow the business, three people familiar with the matter told Reuters.
Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.
Germany's Hapag-Lloyd and Hong Kong's OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to do so after attacks by Yemen's Houthi group on vessels disrupted global trade, prompting the establishment of a naval task force.
Reuters
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