Crop scouts on the second day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the southwestern portion of the state at 56.7 bushels per acre (bpa), up from 47.6 bushels in 2019.
China's soybean imports from Brazil surged in April from the previous month, customs data showed on Thursday, as cargoes that had been delayed by poor weather cleared customs.
Chinese iron ore and steel futures led a selloff across the nation's metals complex on Thursday after the government sought stricter oversight of commodity markets to curb exorbitant prices, sparking a broad-based correction.
Singapore Airlines Ltd has reduced its cash burn to about S$100 million ($75 million) to S$150 million a month, from as much as S$350 million last year, as it weathers a plunge in travel demand, its chief financial officer said on Thursday.
Most industrial metals declined on Thursday, after China said it would strengthen its management of commodity supply and demand to curb "unreasonable" increases in prices.
Wisk Aero, a flying taxi startup backed by Boeing and Google co-founder Larry Page's Kitty Hawk Corp, asked a California court on Wednesday to stop the alleged use of its trade secrets by rival Archer Aviation and said it was cooperating with a criminal U.S. probe.
Singapore Airlines Ltd on Wednesday posted its second-consecutive annual loss, which widened to a record S$4.27 billion ($3.20 billion), and said it would issue S$6.2 billion of convertible bonds to help weather the coronavirus crisis.
Wisk Aero, a flying taxi startup backed by Boeing and Google co-founder Larry Page's Kitty Hawk Corp, asked a California court on Wednesday to stop the alleged use of its trade secrets by rival Archer Aviation and said it was cooperating with a criminal U.S. probe.
Qantas Airways Ltd on Thursday announced fresh cost-cutting initiatives to help it weather the coronavirus crisis but said its debt levels had peaked and were beginning to reduce as it swung to a cash-flow positive position in the second half.
Qantas Airways Ltd said on Thursday it expected to report a loss before tax of more than A$2 billion ($1.54 billion) in the financial year ending June 30 but it would post positive second-half cashflow due to a domestic travel rebound.
The 10th U.S. Circuit Court of Appeals on Wednesday vacated three waivers exempting oil refiners from biofuel blending mandates that former President Donald Trump's administration granted in the last hours of his term.
United Airlines said Wednesday it has completed repairs on its 17 Boeing 737 MAX planes that were grounded over an electrical problem, while American Airlines said it has completed repairs on 14 of 18 737 MAX planes in its fleet.
The U.S. Tenth Circuit Court of Appeals on Wednesday vacated three waivers exempting oil refiners from biofuel blending mandates that the Trump administration granted in the last hours of President Donald Trump's term.
Canada's pesticide regulator said on Wednesday that farmers could keep using the chemical imidacloprid to control crop-destroying insects under stricter conditions, softening an earlier proposal to ban it.
U.S. soybean and wheat futures fell more than 2% on Wednesday, with traders noting selling by investment funds as commodity contracts tumbled through key technical support points.
A majority of Canadians say they are willing to embrace a vaccine passport to enable a return to travel but are less open to using them for things like restaurant reservations, according to polls.
The global sugar market is well supplied, with no tightness expected in the short-term, with current high prices being supported by the Brazil crop and a large speculator' long position that could be cut if macroeconomic indicators change.
Canada's pesticide regulator said on Wednesday that farmers could continue using the chemical imidacloprid to control crop-destroying insects under stricter conditions, softening an earlier proposal to ban it.
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