Colombia, the world's top supplier of washed arabica coffee, will close this year with production of between 11.6 million and 12 million 60-kg (130-pound) bags, ending three years of output falls, the head of the national coffee federation said on Thursday.
Low water levels on the lower Mississippi River are likely to persist through at least January despite expected above-normal precipitation across the southern United States this winter, forecasters with the National Oceanic Atmospheric Administration (NOAA) said on Thursday.
Brazil's commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to increase in southern ports, according to traders, analysts and shipping data.
Chicago Board of Trade soybean futures pared gains on Thursday after rising to a four-week high on strong demand for U.S. supplies and drought in rival exporter Brazil.
French foie gras output is set to rise for the first time in five years in 2023 as France starts vaccinating ducks against bird flu that has destroyed flocks in recent years, but trade bans that followed will weigh on exports, producers said on Thursday.
In trading on Thursday, shares of POSCO Holdings Inc (Symbol: PKX) entered into oversold territory, changing hands as low as $87.73 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment
Mozambique has reported an outbreak of highly pathogenic H5N1 avian influenza, commonly called bird flu, among poultry in the southern part of the country, the World Organisation for Animal Health (WOAH) said on Tuesday.
Brazilian coffee farmers have sold 56% of their 2023/24 crop, consultancy Safras & Mercado said on Thursday, lagging the 60% sold at the same point last year and the long-term average for the period of 59%.
Cocoa prices hit fresh record highs on Thursday as dealers doubled down on deficit bets, saying demand for the chocolate ingredient is falling less than expected in response to soaring prices.
India's food prices are likely to remain stable during the next couple of months, the food ministry's most senior civil servant said on Thursday, alleviating concerns of millions of consumers who step up purchases during the festival season.
Chicago soybean futures extended gains on Thursday to a four-week high as the market remained supported by strong demand and drought in rival exporter Brazil.
The International Grains Council (IGC) on Thursday raised its forecast for global wheat production in the 2023/24 season with upward revisions for Ukraine, Russia and the United States outweighing a deteriorating outlook for the crop in Australia.
Wall Street's main indexes were set to open higher on Thursday as Tesla and Netflix kicked U.S. earnings season into high gear, while Treasury yields eased off session highs ahead of remarks from Federal Reserve Chair Jerome Powell.
G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from Jan. 1, from light-touch self-regulation to strict import measures, laying bare differences that explain why a ban has been so difficult to agree for more than a year, documents showed.
Ukrainian grain and oilseeds crop sector losses could exceed $3.2 billion in 2023 due to the high cost of logistics as well as fuel and fertiliser price hikes, which threaten to reduce sown areas in the next and coming years, farmers unions said on Thursday.
Nestle India and Hindustan Unilever eased past quarterly earnings estimates on Thursday as city dwellers spent more on affordable pick-me-ups like cookies and coffee, making up for a dip in rural buying.
Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the conflict in the region, with some cancellations already taking effect, three industry sources with direct knowledge of the matter said.
Cocoa prices hit fresh record highs on Thursday as dealers doubled down on deficit bets, saying demand for the chocolate ingredient is falling less than expected in response to soaring prices.
Reuters
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