China's wheat feeding to pigs and poultry has dented demand for alternate feeds and clouded the market outlook for soybean meal and other key ingredients used by the country's massive feed sector, analysts and traders said.
Higher oil and copper prices propelled the currencies of Chile and Colombia more than 1% higher on Thursday, while Brazilian retailer Cia Hering soared after rejecting an unsolicited merger offer.
The U.S. Environmental Protection Agency has asked industry groups for their input on the future of the nation's biofuel policy after it ends its current phase in 2022, four sources familiar with the matter said.
Brazil's Litoral Soluções, an unlisted port agent representing U.S. grain trader Bunge, won the reversal of an injunction blocking its right to ship grains from a key southern Brazilian port's public terminal.
Southwest Airlines said on Thursday it would recall another 382 pilots from a voluntary leave program as airlines prepare for a vaccine-led recovery in travel demand in the summer.
Raw sugar futures on ICE rose more than 3% on Thursday, hitting their highest in nearly a month as commodities and global equities steadied at lofty levels and investors remained nervous about harvest prospects in top producer Brazil. [MKTS/GLOB] [O/R] [GRA/]
Argentine farmers are expected to harvest 46 million tonnes of corn in the 2020/21 season, the Buenos Aires Grains Exchange said on Thursday, citing better than expected yields as the reason for increasing its previous 45 million tonne estimate.
Southwest Airlines said on Thursday it would recall another 382 pilots from a voluntary leave program as airlines prepare for a recovery in demand in the summer.
Argentine farmers are expected to harvest 46 million tonnes of corn in the 2020/21 season, the Buenos Aires Grains Exchange said on Thursday, citing better than expected yields as the reason for increasing its previous 45 million tonne estimate.
The U.S. Environmental Protection Agency has asked industry groups for their input on the future of the nation's biofuel policy after it ends its current phase in 2022, four sources familiar with the matter said.
Delta Air posted a bigger-than-expected loss for the first quarter on Thursday, hurt by lower average fares, while also forecasting a return to profitability later this year as more people get vaccinated and start traveling again.
U.S. corn futures dipped on Thursday, pressured by commercial hedging after spiking above $6 a bushel for the first time since June 2013 during the overnight trading session.
The U.S. soybean crush rebounded in March from a 17-month low the previous month, but the processing pace fell short of most trade estimates, according to data released by the National Oilseed Processors Association (NOPA) on Thursday.
Canada is facing industry calls to extend financial aid to smaller airlines, after offering a C$5.9 billion ($4.71 billion)life-line to Air Canada, as new COVID-19 variants loom ahead of the vital summer travel season.
China's wheat feeding to pigs and poultry has dented demand for alternate feeds and clouded the market outlook for soybean meal and other key ingredients used by the country's massive feed sector, analysts and traders said.
Russia's rouble slumped on Thursday, after Washington announced new sanctions targeting the country's sovereign debt, while most other emerging market currencies rose, with Mexico's peso hitting a two-month high.
Raw sugar futures on ICE hit their highest in nearly a month on Thursday as commodities and global equities steadied at lofty levels and investors remained nervous about harvest prospects in top producer Brazil. [MKTS/GLOB] [O/R] [GRA/]
The European Union is concerned that time is running out for the United States to remove tariffs imposed by former President Donald Trump on steel and aluminium, a senior EU trade official said on Thursday.
China's Luckin Coffee Inc said on Thursday it would receive a $240 million investment from two shareholders, as the coffee chain tries to recover from an accounting fraud last year that derailed its business.
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