U.S. soybean futures retreated on Friday on profit-taking after hitting two-week highs in the previous session and as souring consumer sentiment and inflation worries hung over the market.
A study of analyst recommendations at the major brokerages shows that Nucor Corp. (Symbol: NUE) is the #40 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mini
In trading on Friday, shares of Piedmont Lithium Inc (Symbol: PLL) entered into oversold territory, changing hands as low as $32.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment
In trading on Friday, shares of Howmet Aerospace Inc (Symbol: HWM) entered into oversold territory, changing hands as low as $44.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment
Colombia's leftist government will spend $4.25 billion to buy some 1.5 million hectares (3.7 million acres) of land for poor farmers or displaced people, as part of a bid to increase agricultural output and boost peace efforts, an official said.
In trading on Friday, shares of Howmet Aerospace Inc (Symbol: HWM) crossed below their 200 day moving average of $44.70, changing hands as low as $44.42 per share. Howmet Aerospace Inc shares are currently trading off about 1.8% on the day. The chart below shows the one year
British clothing group Next has agreed to buy FatFace in a deal valuing the fashion chain at 115.2 million pounds ($140 million), adding another brand to a fast-growing portfolio.
China bought more U.S. soft red winter wheat, the U.S government said on Friday, as Chinese buyers increasingly turn to the global market for supplies after rain damaged the nation's harvest.
Raw sugar futures on ICE were higher on Friday, buoyed by crop concerns in Asia and a surge in crude oil prices, while cocoa slipped back slightly but remained on course for a weekly gain.
Morocco's government will put off additional subsidy cuts due to the impact of geopolitical tensions on prices, the minister in charge of the budget said.
Chicago soybean futures extended gains on Friday, on track for their first weekly gain since August, after the U.S. government lowered its U.S. crop forecast below expectations, while wheat rose 1.5% after a lower projection for global supplies.
Tunisia's state grains agency is believed to have purchased about 100,000 tonnes of durum wheat in an international tender on Friday, European traders said.
Warm weather has helped European Union farmers make progress in sowing grains for next year's harvest, with the area devoted to wheat and winter barley expected to be similar to this year, but rapeseed perhaps a little lower, analysts said.
The United States lost the title of No. 1 corn exporter to Brazil last year when the South American country harvested a breakthrough crop, just months after China gave the green light to Brazilian corn imports.
Malaysian palm oil futures extended gains on Friday to end the week with a nearly 4% climb, tracking upside in rival soyoil, while a weaker ringgit and improved demand from China also supported prices.