Analysts at Citi believe raw sugar prices at ICE exchange are going to stay elevated for a longer period, possibly testing fresh highs, mainly due to expected production difficulties in Asia and the possible ban on exports from India.
Argentina's foreign ministry said on Tuesday it has agreed to resume poultry exports to the European Union after these were halted due to cases of bird flu in the South American nation.
Brazilian farmers of staples like soybeans and corn are expected to order more fertilizers in the 2023/2024 cycle driven by a fall in prices of crop nutrients, an industry consultant said during a conference on Tuesday.
3M on Tuesday secured preliminary approval for a $10.3 billion deal resolving claims by U.S. public water providers that the company polluted drinking water with toxic chemicals, less than a day after a group of 22 U.S. states and territories dropped their objections to the deal.
Fertilizer maker Mosaic said on Tuesday that CEO James O'Rourke would step down from his position effective Dec 31, ahead of his planned retirement next year.
A smuggler with ties to a foreign extremist group helped Uzbek migrants enter the U.S. from Mexico, the White House said on Tuesday, raising questions about a potential security threat.
Argentina's agriculture secretariat said on Tuesday that grain exporters can keep 25% of the foreign currency they generate in September to import soybeans, aiming to address the grain's scarcity by easing strict domestic currency controls.
As the world's best badminton players travel home after the World Championships in Denmark, the sport's leading manufacturer Yonex told Reuters some of them were fighting it out for the first time in sneakers made partly from recycled materials.
India has allowed traders to ship out their non-basmati white rice cargoes sitting at ports due to a sudden ban on exports of the category, a government order said late on Tuesday.
Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected.
London cocoa futures on ICE rose to another 46-year high on Tuesday, buoyed by tightening supplies, while raw sugar prices touched a two-month peak before turning lower.
Brazilian agriculture startup Solinftec plans to accelerate deliveries of its farming robot in Brazil and in the United States, CEO Britaldo Hernandez said in an interview, in a sign of growing demand for "precision agriculture" tools in two of the world's largest food producers.
Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected.
U.S. retailers' earnings over the past month have signaled that customers are spending on discounted apparel, small home projects and beauty products even as they slashed other discretionary purchases with prices still elevated.
Global coffee production is likely to be smaller than expected in the 2023/24 season starting October and ending September next year, but a fall in demand - particularly in Europe - will prevent a supply shortfall, Rabobank Research said in a note on Tuesday.
Shares in South America's largest beef exporter fell sharply on Tuesday as investors digested Minerva's move to acquire 16 slaughterhouses from rival meatpacker Marfrig for 7.5 billion reais ($1.53 billion).
South Korea's Major Feedmill Group (MFG) has purchased about 55,000 metric tons of animal feed wheat expected to be sourced from the Black Sea region in a private deal without issuing an international tender, European traders said on Tuesday.
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