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U.S. tariffs on aluminum imports imposed since the Trump presidency have led to increased output, employment and capital investment by domestic manufacturers, according to a new report from the left-leaning Economic Policy Institute.

New Zealand's Fonterra on Wednesday raised the price it pays farmers for milk for the upcoming season, following strong demand for its dairy products in China and higher milk prices.

Chicago-traded corn futures have set records this spring with their rapid rise to multi-year highs, but the yellow grain has notched yet another first, one that is very unpleasant for the bulls.

New Zealand's Fonterra posted an 18% rise in nine-month underlying operating profit on Wednesday, helped by strong demand for its dairy products in China and higher milk prices.

Nordstrom Inc on Tuesday maintained its full-year revenue forecast even as its rivals raised theirs, signaling stiff competition among department store chains to pull in customers loaded with their COVID-19 related stimulus checks.

Coffee farmers in top producer Brazil are trying to renegotiate their sales contracts with exporters and traders at higher prices, sparking industry fear over widespread defaults, brokers, traders and a union representing growers said.

Nordstrom Inc beat quarterly revenue estimates on Tuesday, as the roll out of COVID-19 vaccines and fresh government stimulus checks boosted traffic at department stores.

Raw sugar futures on ICE closed up on Tuesday, pulling further away from the previous session's one-month low, while arabica coffee prices also advanced.

Chile's peso led losses across Latin American currencies on Tuesday after a Chinese crackdown on metal prices hurt copper, while Mexico's peso dipped on a warning from Fitch over economic growth in the country.

The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the U.S.-Mexico-Canada Agreement be formed to review the matter.

U.S. corn futures tumbled to a one-month low on Tuesday as timely spring planting and beneficial rains across most of the Midwest boosted crop prospects.

The U.S. Trade Representative's office said on Tuesday it requested a dispute settlement panel to review a U.S. challenge to Canada's application of dairy import quotas under the new U.S.-Mexico-Canada Agreement on trade.

The U.S. government on Tuesday downgraded Mexico's aviation safety rating, an action barring Mexican carriers from adding new U.S. flights and limiting airlines' ability to carry out marketing agreements, a U.S. government official said.

Coffee farmers in top producer Brazil are trying to renegotiate their sales contracts with exporters and traders at higher prices, sparking industry fear over widespread defaults, brokers, traders and a union representing growers said.

The European Union's crop monitoring unit MARS on Tuesday raised its yield forecasts for most winter crops in the 27-member bloc as an improved outlook for France and some southern countries outweighed a cut for several northerly countries.

Canada on Tuesday strongly condemned Belarus for forcing down a jetliner and arresting a dissident journalist and said it was examining whether to tighten existing sanctions.

Brazilian coffee growers are expected to produce 48.8 million 60-kg bags this year, 22% less than in 2020 and the lowest production since 2017, the government's agricultural statistics agency Conab said on Tuesday.

India is expected to produce a record 108.75 million tonnes of wheat this year, the farm ministry said in its third forecast for the crop year to June 2021, marginally lower than its previous estimate of 109.24 million tonnes.

The soft wheat yield in this year's European Union harvest is expected to reach 5.91 tonnes per hectare (t/ha), up from 5.86 t/ha projected in April, the EU's crop monitoring service said on Tuesday.

U.S. tariffs on aluminum imports imposed by former president Donald Trump and continued by President Joe Biden have led to increased output, employment and capital investment by domestic producers, a new study from a left-leaning think tank showed on Tuesday.