Copper prices dipped on Wednesday following a readout of China's agenda-setting meeting that failed to meet investors' expectation and darkened demand outlook from the world's top consumer.
Rainfall in some parts of Australia has helped lift confidence among Australian farmers, but their expectations for the future remain near their most pessimistic level since 2018, a survey released on Wednesday showed.
Chicago soybean futures lost more ground on Wednesday, with forecast of rains in parts of Brazil's dry oilseed-producing areas easing concerns over dry weather conditions hurting the newly planted crop.
Recent U.S. soybean export sales have been respectable, though soy shipments have dropped off normal pace in the latest couple of weeks in a way not seen since the U.S.-China trade war in 2018.
Australia will start negotiating a trade agreement with the United Arab Emirates (UAE) next year, Trade Minister Don Farrell said on Wednesday, as it seeks to diversify its exports and move away from reliance on China.
An Ohio resident has told a U.S. appeals court its recent ruling putting an end to a massive class action lawsuit that accused 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other companies of putting people's health at risk by exposing them to toxic “forever chemicals” could send a dangerous message to chemical manufacturers facing similar claims, and deserves a second look.
Chicago Board of Trade soybean futures backpedaled on Tuesday after reaching their highest price in December as traders assessed risks from unfavorable crop weather in Brazil.
Robusta coffee futures rose 4% on Tuesday after a similar gain on Monday amid worries of negative weather for production in Brazil and Indonesia, while raw sugar slumped to an eight-and-a-half-month low as funds continued to sell.
Air New Zealand said on Wednesday it expects first-half earnings to be at the lower end of its forecast, due to weak travel demand and increased competition from U.S. carriers.
Argentina's grains export sector is set to meet with the government of new libertarian President Javier Milei late on Tuesday after an expected package of economic reform measures is announced, a senior industry source told Reuters.
Brazil's center-south sugar production rose more than expected in the second half of November, up 35% when compared with the same period a year earlier to 1.4 million metric tons, according to data from Brazilian industry group UNICA released on Tuesday.
The Federal Aviation Administration said Tuesday it was proposing three directives to mandate engine housing inspections and component replacements on Boeing 737NG airplanes after a 2018 Southwest Airlines fatal fan blade incident.
Algeria's state grains agency OAIC has bought at least
500,000 metric tons to around 930,000 tons of milling wheat in
an international tender which closed on Tuesday, European
traders estimated.
Chicago Board of Trade soybean futures backpedaled on Tuesday after reaching their highest price in December as traders assessed risks from unfavorable crop weather in Brazil.
Copper prices in London reversed earlier gains on Tuesday as a dollar decline slowed after U.S. inflation data, which offered more evidence that the Federal Reserve was unlikely to pivot to interest rate cuts early next year.
Algeria’s state grains agency OAIC has started buying milling wheat in an international tender which closed on Tuesday, European traders said in initial assessments.
The Moroccan government has given its go ahead for Ryanair to operate domestic flights in the country starting next summer, Morocco's tourism minister said.
European Union soybean imports so far in the 2023/24 season that started in July had reached 4.83 million metric tons by Dec. 10, down 1% compared with a year earlier, data published by the European Commission showed on Tuesday.
Reuters
Checked
18 minutes 25 seconds ago
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