London cocoa futures on ICE hit a third successive record high on Monday, with speculators doubling down on bets for rising prices as they expect shrinking demand will not be enough to offset a severe downturn in supply.
Brazil's 2023/24 soybean planting has reached as of last Thursday 30% of the expected area, agribusiness consultancy AgRural said on Monday, up 13 percentage points from the previous week.
Iranian state-owned animal feed importer SLAL has issued an international tender to purchase about 180,000 metric tons of animal feed corn, European traders said on Monday.
Tod's founder and Chief Executive said on Monday he was satisfied with the group being listed and was focused on the long-term strategy rather than pursuing a more short term one.
Malaysian palm oil futures fell on Monday, weighed by weakness in rival Dalian vegetable oils and crude oil, although weakness in the Malaysian ringgit and strong export data limited losses.
Hong Kong-listed Prada is looking at a dual listing on the Milan bourse, though it is not the Italian fashion group's priority, the Chief Executive said on Monday.
Copper prices tumbled to 11-month lows on Monday as China's property crisis, receding hopes of stronger stimulus in the top consumer of industrial metals and the conflict in the Middle East hit sentiment.
Russian agricultural consultancy IKAR on Monday estimated the country's 2023-24 grain production at 142.2 million metric tons, up from an earlier forecast of 141.6 million.
A lack of biofuels demand in Asia-Pacific is making it hard for companies to justify pumping billions of dollars into projects in the region, an ExxonMobil executive said on Monday, despite growing decarbonisation efforts worldwide.
Agricultural producers in Ukraine say a new Black Sea corridor could enable exports of up to 2.5 million metric tons of food a month, almost offsetting the impact of Russia's decision to quit a U.N.-brokered deal to allow grain shipments through the region.
Cocoa arrivals at ports in top grower Ivory Coast had reached 171,000 tonnes by Oct. 22 since the start of the season on Oct. 1, down 16.2% from the same period last season, exporters estimated on Monday.
Australia said on Monday that a group of Middle Eastern countries had extended the maximum shelf life they will accept on imported chilled red meat, making it easier and cheaper for Australia to ship beef and lamb to the region.
The Taiwan Flour Millers' Association has issued an international tender to purchase an estimated 52,000 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said on Monday.
European authorities have given the green light for online luxury retailer Farfetch to purchase a stake in rival Yoox Net-A-Porter from Richemont, the Cartier owner said on Monday.
Malaysian palm oil futures fell more than 1% on Monday, weighed by weakness in rival vegetable oils and crude oil, although strong export data and weakness in the Malaysian ringgit limited losses.
Online luxury retailer Farfetch has been given the green light by European authorities for its purchase of a stake in rival Yoox Net-A-Porter from Richemont, the Cartier owner said on Monday.
Chinese and Russian companies attending a regional conference in northeastern China signed a raft of cooperation deals on Monday in sectors ranging from manufacturing and logistics to e-commerce and agriculture, Chinese state media reported.
Chicago wheat was largely unchanged on Monday, after climbing to its highest in more than a month last week, as rains in key Southern Hemisphere producers Australia and Argentina boosted supply prospects.
China's pig production is still growing, a farm ministry official said on Monday, with a higher than normal number of breeding sows set to maintain downward pressure on prices.
Reuters
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