Speculators cut their net long positions in raw sugar and cotton futures on ICE in the week to May 4, and switched from long to short position in cocoa, data from the U.S. Commodity Futures Trading Commission showed on Friday.
Airbus delivered 45 jets in April, bringing its total so far this year to 170 - up 25% from the same period of 2020 when airlines were reeling from the first shock of COVID-19.
Britain will allow international travel to resume from May 17 but just a handful of countries made a list of destinations open for quarantine-free holidays as the government cautiously lifts coronavirus restrictions.
Airbus delivered 45 jets in April, bringing its total so far this year to 170 - up 25% from the same period of 2020 when airlines were reeling from the first shock of COVID-19.
Global supply concerns pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Friday, while soybeans climbed to their highest since 2012.
In trading on Friday, shares of Harmony Gold Mining Co. Ltd. (Symbol: HMY) crossed above their 200 day moving average of $5.01, changing hands as high as $5.17 per share. Harmony Gold Mining Co. Ltd. shares are currently trading up about 5.2% on the day. The chart below shows
Air Canada on Friday reported its fifth straight quarterly loss as tough government restrictions aimed at curbing the spread of COVID-19 weighed on air travel and drove the company to secure a C$5.9 billion government aid package.
Maize planting in the European Union is in full swing as farmers catch up on a slow start during a chilly April, with warmer and wetter weather needed this month to get the crop off to a good start, analysts said.
A rising tide lifts all boats but some are heavier than others. Industrial metals are glowing white hot in a fusion of post-pandemic manufacturing recovery and an emerging narrative of a commodities supercycle.
Europe's consumers will feel the hit from price rises this year as companies seek to recoup revenues and cover pandemic-related costs. But for now, this is inflation the European Central Bank believes it can live with.
Chinese buyers bought 1.36 million tonnes of U.S. corn, matching their seventh biggest ever purchase of U.S. supplies of the grain, the U.S. Agriculture Department said on Friday.
India's airlines are under renewed pressure to raise cash or face the risk of having to downsize, consolidate or have their planes repossessed by lessors as a surge of COVID-19 infections roils travel.
Arabica coffee futures on ICE fell on Friday as the market consolidated after hitting a four-year peak in the prior session, while raw sugar also fell.
India's airlines are under renewed pressure to raise cash or face the risk of having to downsize, consolidate or have their planes repossessed by lessors as a surge of COVID-19 infections roils travel.
Stocks of canola plunged by 37.7% at the end of March 2021 compared to the same period in 2020, in part due to increased demand during the COVID-19 pandemic, according to a farm survey by Statistics Canada released on Friday.
Chicago corn and soybean futures rose to their highest in over eight years on Friday as adverse crop weather in Brazil and North America kept the focus on supply risks as Chinese demand erodes global availability.
Chicago-traded November soybeans on Thursday topped $14 per bushel for the first time in eight years, having surged 27% since the start of 2021. That is the best performance for the contract during that period in nearly 50 years, but it has still staged historic losses relative to corn.
Arabica coffee futures on ICE fell on Friday as the market consolidated after hitting a four-year peak in the prior session, while raw sugar and cocoa also fell.
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