Chicago wheat fell more than 1.5% on Thursday and was on track for a monthly fall of 10%, its biggest since May 2022, amid plentiful supplies from top exporter Russia.
Copper prices slid on Thursday as data from top consumer China showed further shrinkage in the country's manufacturing sector highlighted poor demand prospects, while a stronger dollar reinforced negative sentiment.
The lowest price offered in the international tender from Tunisia's state grains agency on Thursday to purchase about 75,000 tonnes of durum wheat was believed to be $426.49 a tonne c&f for optional-origin supplies, European traders said in initial assessments.
The Kremlin said on Thursday that Russia remained a reliable supplier of grain despite obstacles created by Western countries, and that food shortages in Africa were nothing to do with Moscow.
Airlines using the Mexico City International Airport (AICM) will have their operations at the hub limited once again, as the busiest airport in Latin America cuts flights to 43 per hour, according to a government decree published in the official gazette on Thursday.
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has bought an estimated 135,000 metric tons of animal feed corn in an international tender for up to 138,000 tons on Thursday, European traders said.
Indonesia will launch in September an 8 trillion rupiah ($525.45 million) social assistance programme to hand out more rice to lower-income households, President Joko Widodo said on Thursday, to control rising prices of staple foods.
Most major stock markets in the Gulf rose on Thursday after soft U.S. economic data raised bets that the Federal Reserve would pause interest rate hikes next month, although volatile energy prices weighed on investor sentiment.
Updated quality results from the 2023 French soft wheat harvest showed the percentage of the crop meeting protein requirements for milling had dropped to 91% from an 93%, but remained above a five-year average of 87%, farm office FranceAgriMer said.
Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Thursday.
Emirates Global Aluminium's (EGA) first-half net profit slumped by 66% as metal prices corrected after reaching record highs in 2022, it said on Thursday.
London copper prices fell on Thursday and were on track for their first monthly decline in three months as slowing economic growth in top consumer China weighed on metals demand outlook.
Copper prices in London fell on Thursday and were on track for their first monthly decline since May on tepid consumption amid slowing economic growth in top consumer China.
Chicago soybeans were largely flat on Thursday, but on track for their biggest monthly gain since February 2022, supported by strong U.S. export demand and fears that dry weather is damaging the crop at a key stage of development.
Chicago soybean prices rose on Thursday and headed towards their biggest monthly gain since February 2022, supported by strong U.S. export demand and fears that dry weather conditions are damaging the crop at a key stage of its development.
India's economy grew at its fastest pace in a year in the April-June quarter, driven by services and manufacturing, data is expected to show on Thursday, though economists warn of a slowdown ahead.