Australia is set to consider a proposal on Tuesday to suspend flights from India to prevent more virulent coronavirus variants entering the country following a surge in positive COVID-19 cases in the world's second-most populous nation.
Malaysian palm oil futures rose 1.65% on Tuesday, rebounding after two straight sessions of losses fuelled by fears of weaker demand from India as the world's top vegetable oil importer battles a surge in coronavirus infections.
Copper prices hit a 10-year high on Tuesday, on supply worries in top producer Chile and improving demand prospects due to a global economic recovery and increased investments in green initiatives.
Chicago corn futures rose for a seventh consecutive session on Tuesday, with the market touching a nearly eight-year high as adverse weather in Brazil and the United States raised concerns over global supplies.
U.S. corn futures rose for a seventh consecutive session on Tuesday as concerns about global supplies amid adverse weather in major exporters pushed prices to a near eight-year high.
Australia is set to consider a proposal on Tuesday to suspend flights from India to prevent more virulent coronavirus variants entering the country following a surge in positive COVID-19 cases in the world's second-most populous country.
Words like ‘unprecedented’ have sometimes been used within the last year to describe price action for Chicago-traded corn futures, but now that term almost underrepresents the situation given the scope of the rally over the last several weeks.
Argentina's Central Bank (BCRA) said on Monday it will suspend Argentine soy crusher Vicentin from operating in exchange markets and making payments abroad until it settles its debts.
Chicago-traded grains and oilseeds have gone on an impressive rally this month, though speculators took a much greater interest in soybeans than corn last week despite corn futures gaining ground on beans.
Diversified miner South32 Ltd posted a 34% jump in third-quarter metallurgical coal output on Tuesday, thanks to the reintroduction of a form of underground coal mining at its Illawarra project near Sydney.
Diversified miner South32 Ltd posted a 34% jump in third-quarter metallurgical coal output on Tuesday, thanks to the reintroduction of a form of underground coal mining at its Illawarra project near Sydney.
The global cocoa market will switch to a small deficit of 8,000 tonnes in the 2021/22 season, following an estimated 123,000 tonne surplus in 2020/21, due to stronger consumption and drier-than-normal weather in West Africa, Rabobank forecast on Monday.
The U.S. Department of Agriculture said U.S. farmers were able to plant 17% of their intended corn acres as of Sunday, in line with the average estimate in a Reuters poll of analysts.
U.S. live cattle futures gained on Monday, supported by Friday's monthly Cattle on Feed report that showed smaller-than-expected placements, traders said.
In trading on Monday, shares of Fortuna Silver Mines Inc (Symbol: FSM) crossed below their 200 day moving average of $7.03, changing hands as low as $6.38 per share. Fortuna Silver Mines Inc shares are currently trading off about 17.1% on the day. The chart below shows the on
Arabica coffee futures on ICE hit the highest price in three years and eight months on Monday, buoyed by the prospect of tightening supplies in coming months and a stronger Brazilian currency, while raw sugar prices also rose.
The global cocoa market will have a small deficit of 8,000 tonnes in the 2021/22 season, instead of an estimated 123,000 tonne surplus in the previous season, due to stronger consumption and drier-than-normal weather in West Africa, Rabobank forecast on Monday.
North America's freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway Ltd and Canadian National Railway fight to buy Kansas City Southern.