Malaysia's palm oil stockpiles hit an 11-month high at the end of September, data from the Malaysian Palm Oil Board (MPOB) showed on Tuesday, raising concerns about demand for the commodity.
Chicago wheat futures dipped on Tuesday as export prices in major supplier Russia fell further, although a decline in the size of shipments from the country cemented expectations that supply will tighten in the coming months.
Palm oil futures fell in early trade on Tuesday to their lowest level in 3-1/2 months on fears of an inventory build-up in Malaysia, where industry officials forecast production grew more than the exports during September.
Bain Capital-owned Virgin Australia said on Tuesday that the airline returned to a profit for the first time in 11 years for fiscal 2023, buoyed by a strong recovery in travel demand following the COVID-19 pandemic.
Copper prices in London were on track for their third straight daily gain, as a weaker dollar and bullish outlook for the metal in a key industry gathering boosted risk sentiment.
Nike released a replica jersey for England goalkeeper Mary Earps on Monday, after facing widespread criticism for not selling the popular Women's World Cup finalist's shirt.
Chicago wheat futures edged lower on Tuesday as export prices in major supplier Russia fell, although losses were capped by signs of a decline in shipments from Russia.
Brazilian sugar industry group UNICA said it will release production data on Tuesday at 11:00 a.m. local time (1400 GMT, 10:00 a.m. ET) with analysts expecting another near record result related to the second half of September.
Wall Street's major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas.
Raw sugar futures on ICE rose on Monday, buoyed by gains in energy markets driven by conflict in the Middle East, while robusta coffee prices slumped to a six-month low.
Chicago corn and soybean futures fell on Monday on an acceleration in the pace of the harvest in the U.S. Midwest, reversing overnight gains triggered by worries about the conflict in the Middle East.
Wall Street's major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas.
A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic near the region's biggest city and pushed up costs for northern shipping routes, raising risks for corn exports in coming months.
Wall Street's major indexes reversed earlier losses on Monday while energy stocks rallied with oil prices and investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas.
Chicago corn and soybean futures on Monday gave up overnight gains as traders shifted focus to the harvest pace in the American Midwest from conflict in the Middle East.