Chicken output in Brazil, the world's largest supplier, is expected to grow in 2023 and continue to increase in 2024, in a sign that a global chicken meat glut will continue for some time, according to projections from ABPA, a lobby representing chicken and pork processors.
Russia's raid on a ship just off Turkey's coast brings the fallout from the Ukraine war to another NATO frontier and raises the stakes as Ankara seeks to coax Moscow back to a grain-export deal that would restore some calm to the Black Sea.
Alpha Metallurgical Resources Inc (Symbol: AMR) has been named as the ''Top Dividend Stock of the S&P Metals and Mining Select Industry Index'', according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among the compone
Germany's cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal cannabis laws in Europe that could potentially provide further momentum for a similar worldwide trend.
London cocoa futures fell on Wednesday, pressured by the strength of sterling as the UK currency looked poised for its biggest one-day rise against the dollar in three weeks.
A glut of aluminium due to floundering demand in China and elsewhere and soaring supplies will undermine prices of the metal used in the transport, packaging and construction industries, possibly until end-2023.
Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel prices to track an "abrupt" global spike.
China will strengthen the coordination of various policies to boost growth and meet this year's economic target, according to a cabinet meeting cited by state media on Wednesday.
Robusta coffee prices are forecast to end the year below current levels but still register an annual increase of 28%, a Reuters poll of 10 traders and analysts showed on Wednesday.
TJX Cos on Wednesday raised its annual profit forecast, buoyed by demand for its discounted apparel and accessories as customers looked for pocket-friendly options.
A container ship set off from Ukraine's Black Sea port of Odesa on Wednesday in a test of Russia's threat to attack shipping after it abandoned a deal last month allowing Ukraine to export grain.
Burger King has scrapped tomatoes from its wraps and burgers in many Indian outlets after prices more than quadrupled, the latest symptom of surging food inflation that is hitting consumers hard across world's most populous nation.
H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, it told Reuters, just weeks after top rival Zara owner Inditex said it was phasing out purchases from the Southeast Asian country.
H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, it told Reuters, just weeks after top rival Zara owner Inditex said it was phasing out purchases from the Southeast Asian country.
The Philippine Department of Agriculture is recommending that private traders import an additional 500,000 metric tons of rice to cover possible crop losses caused by the El Nino dry weather phenomenon, a senior official said on Wednesday.
Vietnamese exporters have renegotiated higher prices for around half a million metric tons of rice, two trade sources said, as global prices climbed to 15-year highs following India's ban on overseas sales last month.
China called on Wednesday for more measures to protect its crops after warning that the recent floods in its grain-producing northeast region could worsen diseases and infestations.
Copper extended declines on Wednesday, with prices in London
hovering around a seven-week low level, as market sentiment
deteriorated on disappointing data by top consumer China, and as
metal stocks rose.
Checked
8 minutes 41 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities