Smithfield Foods Inc, the world's biggest pork processor, will close some of its operations and lay off 92 workers in northwestern Missouri this fall, according to the state's Worker Adjustment and Retraining Notification Act (WARN) data.
Paulo Sousa, the president of Cargill's unit in Brazil, said companies should continue making investments in logistics to help Brazil, the world's largest exporter of commodities like soybeans, coffee and sugar, to store and move its agricultural products more efficiently.
U.S. government offices in the Washington area closed early on Monday due to approaching thunderstorms with severe winds, while the Federal Aviation Administration halted departing flights at numerous East Coast airports.
Brazil robusta coffee export deals are growing quickly as coffee traders take advantage of the South American's country's significant discount to Vietnam and Indonesia, according to an analyst.
The U.S. Department of Agriculture (USDA) is likely to rate 56% of the nation's corn crop as good to excellent in its weekly crop report, up 1 percentage point from a week ago, according to the average estimate of 11 analysts surveyed on Monday.
Brazil believes European Union rules banning products coming from areas of deforestation are a breach of World Trade Organization rules, Agriculture Minister Carlos Favaro said on Monday.
A study of analyst recommendations at the major brokerages shows that Piedmont Lithium Inc (Symbol: PLL) is the #10 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Gl
Chicago Board of Trade soybean futures dropped 2.5% on Monday as rainy weather across much of the key U.S. crop belt and forecasts for good growing conditions for August pushed prices to their lowest in more than five weeks.
Global sugar production will be smaller than the expected consumption for a second straight season in 2023/24 (October-September) as near-record Brazilian output will not be enough to offset reductions in other regions, analysts said on Monday.
In trading on Monday, shares of GrafTech International Ltd (Symbol: EAF) entered into oversold territory, changing hands as low as $3.80 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure m
In trading on Monday, shares of New Found Gold Corp (Symbol: NFGC) crossed below their 200 day moving average of $4.29, changing hands as low as $4.20 per share. New Found Gold Corp shares are currently trading down about 3.3% on the day. The chart below shows the one year pe
In trading on Monday, shares of Osisko Gold Royalties Ltd (Symbol: OR) crossed below their 200 day moving average of $14.04, changing hands as low as $13.90 per share. Osisko Gold Royalties Ltd shares are currently trading off about 0.6% on the day. The chart below shows the
Goldman Sachs' global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity prices in the 2000s, is retiring, according to a memo seen by Reuters.
Brazilian Agriculture Minister Carlos Favaro at a press conference on Monday said new European Union rules banning products coming from areas of deforestation are a breach of World Trade Organization rules, adding that Brazil will not accept the EU's imposition of its own environmental standard on Brazil.
Above-average rain in most of Ivory Coast's main cocoa growing regions last week helped the October-to-March main crop to strengthen, farmers said on Monday, adding there were plenty of pods, known as cherelles, on trees.
London cocoa futures on ICE hit 46-year highs on Monday, buoyed by investor bets on a third successive deficit next season, while raw sugar turned higher after earlier slipping to its lowest in nearly a month.
A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules.
Checked
18 minutes 23 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities