Brazilian labor prosecutors have requested a court order to ban the use of atrazine, which is present in 5% of pesticides sold in the country, the prosecutors said on Thursday.
Most of the record physical delivery of sugar by commodities traders at the expiration of the October futures contract at the Intercontinental Exchange (ICE) last week will head to China, according to two traders with knowledge of the deals.
Chicago corn and wheat futures rose on Thursday, while soybeans were mostly steady in choppy trading as traders digested a U.S. government report on American farm export sales, while weaker oil prices, falling equity markets and soaring bond yields raised concern about global demand.
Grocery retailer SPAR Group is exploring potentially importing eggs from several southern African countries as South Africa's worst outbreak of avian flu hits egg supplies and threatens the supply of chicken meat.
The ramifications of 2022's London Metal Exchange nickel trading debacle, including potential challenges to its nickel contract and the fate of the exchange itself will be hot topics next week as the metals industry descends on London.
Raw sugar futures on the ICE exchange rose on Thursday aided by tight supplies, but remained below recent 12-year-peaks amid worries over macro-economic growth.
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Working gas in storage increased by 86 Bcf from the previous week.
Australian unions may resume strikes at Chevron’s LNG facilities.
Natural gas price settled above the $3.00 level and is moving higher.
On October 5, EIA released Weekly Natural Ga
So far there are no reports of counterfeit parts and CFM - owned by GE Aerospace and France's Safran - says the problem involves apparently false declarations by non-existent employees - like the approver identified as "Geoffrey Chirac," who shares a last name with a former French president. But it fears false paperwork can be used to pass off old parts as new or offload parts that lack the traceability needed to ensure they are safe.
The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a strained Chinese property market and the war in Ukraine had cast a shadow over its outlook.
Ukraine expressed optimism on Thursday that a stand-off with neighbouring EU countries that have imposed measures to restrict imports of Ukrainian agricultural products could be resolved, though probably not before a Polish election this month.
Raw sugar futures on the ICE exchange were little changed on Thursday as the market consolidated recent gains that sent the sweetener up to 12-year highs, while arabica coffee and cocoa fell.
Copper prices stumbled on Thursday for the fourth straight session as investors unloaded positions on persistent worries about demand in China and uncertainty about interest rates and global growth.
Chicago soybean and corn futures eased on Thursday as an advancing U.S. harvest underscored ample global supplies while weaker oil prices raised concern about global demand.
Grain trade association Coceral on Thursday lowered its estimate of this year's soft wheat crop in the European Union and Britain to 141.0 million metric tons from 142.4 million projected in June.
Copper prices stumbled on Thursday for the fourth straight session as investors unloaded positions on persistent worries about demand in China and uncertainty about interest rates and global growth.