The U.S. Department of Agriculture made an atypical reduction to U.S. corn yield on Wednesday because of last month’s unusually dry weather, though next month’s estimate will give a more precise reading on the crop.
U.S. stock index futures rose on Thursday following a sharp rally on Wall Street in the previous session as data showed inflation was cooling, with investors looking ahead to producer price data due later in the day.
Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world's top cocoa-producing nation in recent weeks, the head of the country's cocoa sector regulator told Reuters.
Malaysian palm oil futures ended lower on Thursday, weighed down by forecast of improving production in the world's second-largest producer, while estimates of all-time high U.S. soybean output also dampened sentiment.
Delta Air Lines on Thursday lifted its full-year profit outlook after its second-quarter earnings topped Wall Street estimates on a relentless post-pandemic travel boom.
Delta Air Lines on Thursday lifted its full-year profit outlook after its second-quarter earnings topped Wall Street estimates on a relentless post-pandemic travel boom.
Copper prices extended gains to hit three-week highs on Thursday on hopes for a halt in U.S. rate hikes after inflation slowed, but weak export data in top metals consumer China put a damper on the gains.
U.S. stock index futures edged higher on Thursday following a sharp rally on Wall Street in the previous session as data showed inflation was cooling, with investors looking ahead to producer price data due later in the day.
European shares rose on Thursday, with technology stocks in the lead, as hopes that the Federal Reserve's post-pandemic tightening cycle was close to an end due to cooling U.S. inflation overshadowed weak trade data from China.
Germany's 2023 wheat harvest will fall 3.2% on the year to 21.79 million metric tons, the country's association of farm cooperatives said on Thursday, repeating its earlier forecast of a smaller harvest this year after dry weather stressed grains.
Climate protests at two German airports led to travel disruptions early on Thursday at the height of the busy summer holiday season, with Hamburg airport saying it had halted all traffic as a result.
European shares edged higher on Thursday as U.S. inflation data fuelled hopes that the Federal Reserve was on the brink of ending its post-pandemic tightening cycle, although a raft of mixed economic data limited further upside.
The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing network outside China, and is examining systems and regulations in the sector overseas, three sources with direct knowledge of the matter told Reuters.
Swatch Group reported record growth for the first six months of the year, benefiting from the removal of lingering COVID-related restrictions in Asia as well as brisk business in Europe and North America, the watchmaker said on Thursday.
Copper prices hit a three-week high on Thursday as a softer dollar made greenback-priced metals cheaper for holders of other currencies, while traders showed tepid response to data that signalled a slump in China's imports of the metal.
Climate protests at two German airports led to travel disruptions early on Thursday at the height of the busy summer holiday season, with Hamburg airport saying it had halted all traffic as a result.
South Korea's Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Thursday.
Barry Callebaut, the world's biggest chocolate maker, on Thursday reported lower nine-month sales volumes than a year ago as customer demand dropped in an inflationary environment.
Malaysian palm oil futures extended early losses on Thursday, weighed down by forecast of improving production in the world's second-largest producer, while estimates of all-time high U.S soybean output also dampened sentiment.
Checked
14 minutes 17 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities