The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door to a possible loosening of restrictions for plants resulting from gene-editing technology.
Arabica coffee futures on ICE hit their highest in four years on Thursday, supported by tightening supplies in top producer Brazil, signs of improved demand and a stronger Brazilian real. Sugar and cocoa also rose.
Price action for corn and soybeans on the Chicago Board of Trade has been nothing short of impressive this month, and more could be in store for the new-crop contracts as April is historically an uncommon time for their high-water marks.
Romania's wheat crop is expected to recover this year after a drought-driven sharp fall in 2020, likely boosting the Black Sea state's supply on offer for Egypt's international grain tenders, farmers and traders said on Thursday.
Brazil's largest domestic airline, Gol Linhas Aereas Inteligentes, on Thursday reported a net loss of 2.5 billion reais ($468 million) in the first quarter, as the second wave of the country's coronavirus epidemic wave severely eroded travel demand.
China's three biggest airlines on Thursday reported wider losses for the first quarter when COVID-19 cases rose, but the industry's quick recovery, helped by the country's fast containment measures, is expected to bolster full-year results.
The Korea Feed Association (KFA) Incheon section purchased an estimated 133,000 tonnes of corn to be sourced from optional worldwide origins in an international tender that closed on Thursday, European traders said.
U.S. farmer Rob Arkfeld was vacationing on a sandy beach in Mexico's Riviera Maya when he won an online auction to rent 535 acres of cropland back home in Iowa by bidding nearly double the local average for each acre.
Generali Chief Executive Philippe Donnet said on Thursday he had already started working on a new strategic plan as tensions among investors in Italy's largest insurer are seen rising in view of the renewal of the board next year.
Tod's and LVMH are considering whether the two luxury groups groups can "do something together" after the French giant increased its shareholding in the Italian company to 10% earlier this month, Tod's chairman said on Thursday.
Algeria's state grains agency OAIC made a relatively small purchase of optional-origin milling wheat in an international tender which closed on Wednesday, with estimates ranging between 200,000 to 360,000 tonnes, traders said on Thursday.
Ukraine is likely to increase its wheat harvest by 9.5% to 27.7 million tonnes in 2021 and the higher output could allow it to boost wheat exports to 21 million tonnes in the 2021/22 July-June season, Ukrainian grain traders union UGA said on Thursday.
Ryanair plans to power 12.5% of its flights with sustainable aviation fuels by 2030, the airline said on Thursday days after the owner of rival British Airways committed to using the fuels to power 10% of its flights.
China's agriculture ministry said on Thursday it had confirmed an outbreak of African swine fever on a farm in the northern region of Inner Mongolia, the 10th outbreak to be reported so far this year.
"It is not time yet," to begin discussing any change in policy, Fed chairman Jerome Powell said. Soon after, President Joe Biden began his pitch to Congress for a $1.8 trillion infrastructure project. That coupled with forecast-beating Q1 results from Facebook and Apple were sufficient fuel for the bulls.
Glencore said on Thursday its copper production rose by 3% in the first quarter on higher output at its South American operations, while zinc, lead and nickel output fell.
London copper prices inched closer towards an important psychological level of $10,000 on Thursday, as a weaker U.S. dollar made the greenback-priced metal cheaper to holders of other currencies.
The Korea Feed Association (KFA) Incheon section has issued an international tender to purchase up to 69,000 tonnes of corn to be sourced from optional origins, European traders said on Thursday.