China's summer wheat output fell 0.9% this year, official data showed on Saturday, the first decline in seven years after heavy rain hit key growing areas just ahead of the harvest.
A U.N.-brokered deal that allows the safe Black Sea export of Ukrainian grain has not been extended as of Sunday, but "everything is possible," the Russian TASS state news agency reported, citing two unnamed United Nations sources.
Chicago-traded corn futures have held up relatively well considering the flip to wetter weather in the U.S. Corn Belt and the revelation that U.S. farmers have planted much more corn than expected.
The last ship to travel under a U.N.-brokered deal that allows the safe Black Sea export of Ukrainian grain left the port of Odesa early on Sunday ahead of a deadline to extend the agreement, according to a Reuters witness and MarineTraffic.com.
China Eastern Airlines
has taken delivery of a second Chinese-made C919 narrowbody jet,
state broadcaster CCTV reported on Sunday, as the first customer
for the type looks to ramp up flights.
United Airlines and its pilots on Saturday reached a
labor agreement that will give the latter a significant pay
increase, after the union rejected an earlier offer last year
instead to seek even higher wages with pilots in short supply
Russian President Vladimir Putin held a phone call with South African President Cyril Ramaphosa in which they discussed the Black Sea grain deal, due to expire on Monday, and a summit in South Africa next month, the Kremlin said on Saturday.
The Biden administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel.
Large speculators increased their net short position in Chicago Board of Trade corn futures in the week to July 11, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, trimmed their net short position in CBOT wheat and cut their net long position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm
U.S. wheat futures rose on Friday as drought conditions in Canada and the northern Plains continue to weigh on the market, as does uncertainty over the future of Ukraine's wartime grain export shipping deal that is set to expire on Monday.
Amazon shoppers snagged deals on food delivery, travel and healthcare during a two-day Prime Event that ended on Wednesday, highlighting the potential for growth in services at an e-retailing giant long focused on goods.
U.S. wheat futures rose on Friday as drought conditions in
Canada and the northern Plains continue to weigh on the market,
as does uncertainty over the future of Ukraine's wartime grain
export shipping deal that is set to expire on Monday.
Libya's sovereign wealth fund has filed a criminal complaint against Prince Laurent of Belgium, accusing him of fraud and extortion linked to his bid to reclaim funds from a failed reforestation project, lawyers said on Friday.
Indian farmers have planted 12.3 million hectares with summer-sown rice so far, farm ministry data showed on Friday, down 6.10% year-on-year, narrowing the sowing gap estimates from the previous week as crucial monsoon rains revived in July.