The U.S. Department of Agriculture's (USDA) weekly crop progress report is expected to show that farmers planted 67% of their intended corn acres as of Sunday, according to the average estimate in a survey of 10 analysts on Monday.
Lufthansa is working with Deutsche Bank and Bank of America to sound out investors about a capital increase worth roughly 3 billion euros ($3.7 billion), possibly as soon as June, people close to the matter said.
U.S. agricultural commodities trader ADM said on Monday it planned to build a soy-crushing facility and refinery in North Dakota to meet increasing demand for food and renewable fuel.
In trading on Monday, shares of Gold Fields Ltd. (Symbol: GFI) crossed above their 200 day moving average of $10.63, changing hands as high as $10.85 per share. Gold Fields Ltd. shares are currently trading up about 1.5% on the day. The chart below shows the one year performa
Morocco will reimpose customs duty on soft and hard wheat of 135% and 170% respectively from May 15 in order to cut imports at a time of higher prices in international market, the agriculture ministry said on Monday.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
Arabica coffee futures on ICE were lower on Monday as the market suffered a setback after its recent strong advance to a more than four-year high, while raw sugar edged higher.
Indonesia's state procurement agency Bulog has issued an international tender buy and import about 180,000 tonnes of animal feed wheat, European traders said on Monday.
Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 22.84 million tonnes by May 9, data published by the European Commission showed on Monday.
Brazilian agribusiness consultancy AgRural on Monday said it cut its production estimate for Brazil's second corn crop in the Center South region due to a prolonged drought that worsened in the first week of May.
The S&P 500 and the Dow were set to open at record highs on Monday as optimism that interest rates would remain lower for longer lingered, while a surge in commodity prices lifted shares of miners, energy and steel companies.
Below average rainfall and hot weather last week in most of Ivory Coast's cocoa-growing regions could reduce the quality and size of the April-to-September mid-crop, farmers said on Monday.
Airbus has appointed a senior internal supply chain executive to run its Canadian operation, with responsibility for trimming losses on the A220 jetliner series, in the latest in a series of management changes at the European aerospace group.
U.S.-based Trulieve Cannabis Corp said on Monday it plans to buy medical cannabis company Harvest Health & Recreation Inc in a deal that values the company at about $2.1 billion, as Trulieve looks to ramp up its operations.
Tyson Foods Inc beat second-quarter revenue estimates on Monday, as the largest U.S. meat processor benefited from strong demand for its chicken products from reopened restaurants and hotels across the country.
Tyson Foods Inc beat second-quarter revenue estimates on Monday, as the largest U.S. meat processor benefited from strong demand for its chicken products from reopened restaurants and hotels across the country.
Speculators’ bullishness toward Chicago-traded grains and oilseeds has hovered near record levels since late last year as global demand accelerates and supplies tighten, though various market participants have recently been in the driver’s seat when it comes to the persistent rally, especially in corn.
U.S.-based cannabis producer Trulieve Cannabis Corp will buy rival Harvest Health & Recreation Inc in a deal that values the medical cannabis company at about $2.1 billion, the companies said on Monday.
The S&P 500 futures hovered near record highs on Monday as investors awaited economic data this week for more clarity on the pace of economic recovery, while higher commodity prices supported shares of miners, energy and steel companies.