Brazil's iron ore export revenues are set to surge 60% this year and displace soybeans as the country's number one source of foreign exchange earnings for the first time in six years, Brazil's Foreign Trade Association (AEB) said on Tuesday.
U.S. corn futures on Tuesday topped $7 a bushel in the most-active contract for the first time since 2013 as unfavorably dry crop weather in Brazil kept attention on tightening global supplies.
Brazil's largest chicken processor, BRF SA, said it will invest 292 million reais ($54 million) to modernize certain facilities in Paraná state through 2022, according to a statement on Tuesday.
A renewable diesel unit at CVR Energy's Wynnewood, Oklahoma, refinery will not be in service until the end of the third quarter due to severe weather in February and delays in equipment deliveries, the company said on Tuesday.
U.S. farmers are ahead of schedule in planting the 2021 corn and soybean crops to kick off May, the busiest planting month. The weather forecast is not exactly wide open to facilitate seamless planting in the coming weeks, but attractive prices may override those imperfections.
Members of a U.S. House of Representatives subcommittee will meet on Tuesday with representatives from the biofuels and airline industries to discuss ways to expand production of low-carbon aviation fuel, a panel spokeswoman said.
Brazil's largest chicken processor, BRF SA, said it will invest 292 million reais ($54 million) in Paraná state through 2022 and resume turkey production at its Francisco Beltrão unit, according to a statement on Tuesday.
Argentina's 2021/22 wheat crop is expected at 19 million tonnes, equal to the country's record-setting harvest in the 2018/19 season, the Buenos Aires Grains Exchange said in a preliminary forecast on Tuesday.
France's Eramet is close to a deal to sell Brown Europe, an alloys supplier to the aeronautics industry, to French investment fund Ace as it focuses on upstream mining activities, two people familiar with the matter said.
French biotech firm Global Bioenergies launched a new brand of make-up on Tuesday, with long-lasting products made from sugar beet residues rather than petrochemicals.
France's Eramet is close to a deal to sell Brown Europe, an alloys supplier to the aeronautics industry, to French investment fund Ace as it focuses on upstream mining activities, two people familiar with the matter said.
U.S. corn futures on Tuesday topped $7 a bushel in the most-active contract for the first time since 2013 on concerns about tightening global supplies.
Brazilian soybean exports in May are likely to fall after setting a monthly record in April due to the absence of Chinese buyers, according to an agribusiness analyst and data from a maritime agent.
Canadian fertilizer and farm dealer Nutrien Ltd will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new Chief Executive Mayo Schmidt said on Tuesday.
Canadian fertilizer and farm dealer Nutrien Ltd will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new Chief Executive Mayo Schmidt said on Tuesday.
Australia said on Wednesday it had awarded A$103 million to back three 'green' hydrogen projects, hiking its planned funding by almost 50% as the government seeks to speed up commercial production of the gas using renewable resources.
Arabica coffee futures on ICE were higher on Tuesday, boosted by the prospect of tightening supplies with Brazilian production set to decline sharply this season, while New York cocoa slumped to the 5-1/2-month low.
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