A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the open market.
Brazil, the world's largest coffee exporter, shipped 2.292 million 60-kg bags of green coffee abroad in June, 19% less than in the same month a year ago, industry group Cecafe said on Wednesday.
(RTTNews) - Extending a recent upward trend, the price of gold moved sharply higher during trading on Wednesday, reaching the highest levels in three weeks.
U.S. corn futures fell to their lowest price since early
2021 on Wednesday after the U.S. Department of Agriculture
projected a larger-than-expected domestic crop, analysts said.
U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural bank to the SWIFT international payment system, sources told Reuters.
India on Wednesday restricted imports on plain gold jewellery, as the world's second-largest consumer of the precious metal tries to plug loopholes in its trade policy.
In trading on Wednesday, shares of Kaiser Aluminum Corp. (Symbol: KALU) crossed above their 200 day moving average of $75.06, changing hands as high as $76.77 per share. Kaiser Aluminum Corp. shares are currently trading up about 2.8% on the day. The chart below shows the one
The government said on Wednesday that U.S. farmers will harvest massive crops of both corn and soybeans this year, boosting the supply base despite drought conditions stressing plants during early stages of development.
In trading on Wednesday, shares of Sandstorm Gold Ltd (Symbol: SAND) crossed above their 200 day moving average of $5.38, changing hands as high as $5.54 per share. Sandstorm Gold Ltd shares are currently trading up about 4.8% on the day. The chart below shows the one year pe
The U.S. Department of Agriculture (USDA) on Wednesday raised its projection for U.S. sugar imports, while reducing its forecast for the country's sugar consumption, a combination that resulted in a more comfortable stocks-to-use ratio.
Copper jumped to 2-1/2-week highs on Wednesday as the dollar tumbled after U.S. June inflation data and stronger credit data from top consumer China, but doubts about a significant pick-up in demand weighed on sentiment.
Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the central bank is expected to hike interest rates for the first time in more than a year.
The U.S. Department of Agriculture (USDA) on Wednesday raised its projection for U.S. sugar imports while reducing its number for the country's sugar consumption, a combination that resulted in a more comfortable stocks-to-use ratio.
Raw sugar futures on ICE were lower on Wednesday although the market remained stuck within its recent narrow range while cocoa and arabica coffee prices also fell.
France has chosen German company Boehringer Ingelheim to supply the 80 million doses of vaccines against bird flu for its vaccination campaign to start on the autumn, an agriculture ministry spokesperson said on Wednesday.
After one of the driest-ever Junes in the U.S. Corn Belt, grain market participants already believe corn and soybean yields will not reach the government’s record-high targets.
Malaysian palm oil futures ended 1% higher on Wednesday, recouping losses on robust demand and as the market digested smaller-than-expected end-June inventories.
Checked
18 minutes 19 seconds ago
This feed is responsible for generating the rss feed related to the topic Commodities