A federal appeals court has overturned an injunction suspending the license for Canadian firm Brazil Potash Corp to build Latin America's largest fertilizer mine in the Amazon rainforest.
The U.S. Senate Commerce Committee on Wednesday approved President Joe Biden's nominee to head the Federal Aviation Administration (FAA) after the agency has been without a permanent leader for 18 months.
European wheat rose to a nearly three-week high on Wednesday, mainly supported by gains on U.S. markets and a weak euro making it more competitive on world markets.
Wall Street's main indexes fell on Wednesday as growing tensions in the Middle East dented risk sentiment, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses.
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.
Forest loss driven by rubber production in Southeast Asia could be two to three times higher than estimated, highlighting the challenges facing importers under pressure to find sustainable supplies, research showed on Wednesday.
India will allow exports of non-basmati white rice to a clutch of countries such as the Philippines - one of the world's biggest importers of the grain - a government order said on Wednesday.
Wall Street's main indexes fell on Wednesday as growing tensions in the Middle East dented risk sentiment, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses.
London cocoa futures on ICE were marginally lower as the market consolidated just below the prior session's recent peak while raw sugar prices also fell.
Chicago wheat futures rose for the first time in three sessions on bargain buying on Wednesday while soybean futures hit a three-week high, as strong demand in the U.S. domestic market underpinned prices.
U.S. soybean oil supplies have declined significantly in the last couple of months, but so have prices, which is counterintuitive. Increasing volumes of vegetable oil being imported could at least partially explain this.
Good growing conditions will push this year's grain maize crop in France, the European Union's largest producer, above the five-year average despite farmers turning away from the grain after a poor 2022 harvest, growers group AGPM said on Wednesday.
London cocoa futures on ICE were lower on Wednesday, slipping back from the prior session's record high, while sugar prices rose as India extended export curbs.
Reuters
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