Chicago Board of Trade soybean futures jumped on Wednesday after a weekly U.S. government report showed crop conditions deteriorated more than expected during a hot, dry spell.
European wheat rose from seven-week lows on Wednesday, supported by harvest downgrades in the southern hemisphere and reports about potential harvest disruptions in Russia.
Wall Street fell on Wednesday after stronger-than-expected services sector data fueled concerns of sticky inflation and interest rates staying higher for longer, while a drop in shares of Apple further weighed down the indexes.
Italian luxury group Tod's said on Wednesday its first half operating profit more than tripled compared to the same period of last year and reached 60 million euros ($64.29 million).
The death toll from heavy rains that devastated Brazil's Rio Grande do Sul state rose to 31 on Wednesday, local authorities said, as an extratropical cyclone batters the region, flooding homes and swelling rivers.
Wall Street's main indexes fell on Wednesday over concerns about sticky inflation as investors awaited the Federal Reserve's report on the U.S. economy for clues on the bank's interest rate path.
Lithium producer SQM's operations in the Salar de Atacama salt flat have achieved IRMA certification, it said on Wednesday, meaning all Chile's lithium mining facilities have now completed the evaluation process preferred by numerous EV manufacturers.
A group of South Korean flour mills has issued a tender to purchase around 95,000 metric tons of milling wheat to be sourced from the United States and Canada, European traders said on Wednesday.
Reliance Retail Ventures, India's biggest retailer, said on Wednesday it would take a 51% stake in domestic kid's clothing brand, Ed-a-Mamma, pursuing its aggressive expansion ahead of a potential stock market listing.
Wall Street was set to open lower on Wednesday as concerns about sticky inflation kept investors on edge ahead of key data, including the Federal Reserve's report on the U.S. economy, which could help determine the bank's interest rate path.
London cocoa futures on ICE hit fresh 46-year peaks on Wednesday as supply concerns persist amid pessimistic weather reports in West Africa, while white sugar came off Tuesday's 12-year-highs.
Russian Agriculture Minister Dmitry Patrushev said on Wednesday that fuel shortages threaten to disrupt autumn harvesting and sowing and urged a suspension of petroleum product exports, Interfax news agency reported.
Brazilian farmers will reap almost 323 million metric tons of grains in the 2022/23 season, Brazil's food supply agency Conab said on Wednesday, reflecting expected rises in the production of corn and soybeans in the season that is drawing to a close.
Brazilian farmers will reap almost 323 million metric tons of grains in the 2022/23 season, Brazil's food supply agency Conab said on Wednesday, reflecting expected rises in the production of corn and soybeans this season.
Soybean yield prospects for the Crop Watch fields have fallen for a third consecutive week as the U.S. Corn Belt experiences one of its driest late-summer stretches on record, with corn yield potential dropping for a second straight week.
Wall Street futures fell on Wednesday as concerns about sticky inflation kept investors on edge ahead of key data, including the Federal Reserve's report on the U.S. economy, which could help determine the central bank's interest rate path.
Three U.S. airlines on Wednesday warned of higher fuel costs in the third quarter due to a jump in crude prices, adding to the pressures the industry already faces from expensive labor contracts.
Chicago soybean futures rose on Wednesday, recouping the last session's losses, after a weekly U.S. government report showed that crop conditions had deteriorated more than expected during a hot, dry spell.
Three U.S. airlines on Wednesday warned of higher fuel costs in the third quarter due to a jump in crude prices, adding to the pressures the industry already faces from expensive labor contracts.