Large speculators increased their net short position in Chicago Board of Trade corn futures in the week to Aug. 22, regulatory data released on Friday showed.
India has imposed a 20% duty on exports of parboiled rice with immediate effect, a move that could further reduce shipments from the world's largest exporter and lift global rice prices that already trade near their highest in 12-years.
U.S. corn and soybean harvests will be smaller than the latest government forecasts as a recent dry spell and heat wave stressed crops that had benefited from mid-summer rains, advisory service Pro Farmer said on Friday.
London cocoa futures on ICE settled at a 46-year high on Friday, buoyed by the prospect of a further tightening in supplies in the coming 2023/24 season.
Bayer is a "conglomerate" that needs to make major changes including "de-merging" two of its three business arms, investor Artisan Partners told Reuters on Friday, as pressure mounts on the German group's new CEO to bolster weak shares.
At least five people died and hundreds of thousands were left without power when a tornado and severe thunderstorms ripped through Michigan on Thursday night, causing downing of trees, damage to homes and traffic disruption, officials said on Friday.
The death of an airline employee in December and another serious injury prompted the Federal Aviation Administration (FAA) to issue a safety alert on Friday to airlines in an effort to prevent more incidents.
Indian farmers have planted 38.4 million hectares (94.8 million acres) with rice, up 4.3% on the same period last year, farm ministry data showed on Friday, as a revival in July monsoon rains and higher prices encouraged growers to boost acreage.
Shares of Gap climbed as much as 8% on Friday, after the apparel retailer's quarterly profit beat indicated that the Old Navy parent's cost cuts were paying off even as easing demand weighed on its sales forecast.
The return of the El Nino weather phenomenon should boost South American soybean production as more rainfall can help farmers recover from this season's severe drought in the lower latitudes of the continent, according to meteorologists and grain analysts.
The United States sees viable routes to export Ukrainian grain through the country's territorial waters and overland after Russia withdrew from the grain deal, a senior U.S. official said, adding that they aim to return to exporting at prewar averages from Ukraine over the next months.
Egypt's state grains buyer is believed to have held direct talks with trading houses on Friday about buying wheat without issuing an international tender but no purchase was reported, traders said.
India's air safety watchdog has launched a review of pilot fatigue data to see if any policy changes are needed after the sudden death of an IndiGo pilot, a senior aviation ministry official told Reuters.
Uganda's President Yoweri Museveni has banned the importation of used clothing into the east African country, saying it stifles the development of local textile industries and that the clothes belonged to dead Westerners.