Huge Brazilian supplies, high prices and uncertainty about U.S. crops have caused pessimism toward the United States’ corn and soybean export potential into the new marketing year that begins Sept. 1.
Nigeria plans to distribute grains and fertiliser from Monday and raise salaries of government workers, the vice president's office said, in a bid to cushion the impact of ending a subsidy on petrol that has worsened a cost of living crisis in Africa's largest economy.
Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices.
The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, but the Dow advanced for a ninth straight day thanks to gains in Johnson & Johnson following a strong annual forecast.
The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, but the Dow advanced for a ninth straight day thanks to gains in Johnson & Johnson following a strong annual forecast.
Rains that have slaked Argentina's drought-hit farmlands have allowed soil moisture to recover and 71% of the area planned for wheat harvesting has now been planted under fair water conditions, the Buenos Aires Grains Exchange said on Thursday.
The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, but the Dow was higher for a ninth straight day thanks to gains in Johnson & Johnson following a strong annual forecast.
Cocoa futures on the ICE exchange ended down on Thursday, slipping from multi-year and multi-decade peaks as data showed demand was starting to shrink due to soaring prices.
Global primary aluminium output rose by 1.8% year-on-year to 34.212 million metric tons in the first half of 2023 mainly due to higher production in China, data from the International Aluminium Institute (IAI) showed on Thursday.
The tech-heavy Nasdaq fell on Thursday, as Tesla and Netflix results underwhelmed investors, while a strong annual forecast by Johnson & Johnson set the blue-chip Dow on course for its ninth day of gains.
The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, with the Senate now set to consider its own measure.
Major grain importers in the Middle East and North Africa have reacted calmly to the end of the safe shipping corridor for Ukraine's exports through the Black Sea this week, European commodity traders said on Thursday.
A rush among travelers to make up for lost time during the pandemic is producing bumper airline earnings. And executives at U.S. carriers don't see a letup in demand even as rising living costs stretch household budgets and add to worries about the industry's pricing power.
U.S. wheat futures edged higher on Thursday as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices.
China's frail growth could weigh on companies with exposure to the world's second-largest economy, including Apple AAPL.O, big chipmakers and luxury retailers as they report quarterly results in the next few weeks.
The Canadian government is relieved that dock workers in the Pacific province of British Columbia have lifted their strike notice, Transport Minister Omar Alghabra said on Thursday.
Cocoa futures on the ICE exchange fell on Thursday, edging away from multi-year and multi-decade peaks as data showed demand is starting to shrink in response to soaring prices.
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