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.
The Biden administration will spend $300 million to better quantify greenhouse gas emissions generated by agriculture and the potential carbon savings of certain farming practices, the U.S. Department of Agriculture (USDA) said on Wednesday.
Copper prices were supported by stronger credit data from top consumer China and a lower dollar on Wednesday ahead of U.S. inflation data, but doubts about a significant pick up in demand weighed on sentiment.
Farm office FranceAgriMer on Wednesday forecast that French soft wheat exports outside the European Union in the 2023/24 season that began this month would reach 9.6 million metric tons, down from 10.1 million in 2022/23.
Chicago soybeans rose for a third consecutive session on Wednesday to a one-week high as a U.S. government report later in the day is expected to reduce the harvest outlook.
Japan's second-biggest steelmaker JFE Holdings Inc sees usage of technology known as 'Gigacasting' as a risk to the company's business as it could lead to reduction of steel usage, its President Koji Kakigi told reporters.
Water levels on the river Rhine in Germany are rising after heavy rain in southern regions but are still too shallow in northern and central areas for cargo vessels to sail fully loaded, commodity traders said on Wednesday.
The retail arm of Reliance Industries is among three companies eligible to submit a plan for the debt-ridden Future Enterprises's bankruptcy proceedings, Future's resolution professional disclosed in an exchange filing on Wednesday.
Prices of base metals in London rose on Wednesday, supported by a weaker dollar ahead of U.S. inflation data, although a gloomy demand outlook loomed over the market.
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) purchased about 20,000 tonnes of optional-origin animal feed barley in an international tender which closed on Tuesday, European traders said on Wednesday.
China customs said on Wednesday that it would allow imports of coconut meal from the Solomon Islands, according to a customs administration announcement.
Chicago soybeans rose for a third consecutive session on Wednesday, climbing to a one-week high as a widely-watched U.S. government report due later in the day is expected to reduce its production and supply estimates.
Prices of base metals in London climbed on Wednesday, supported by a weaker dollar ahead of U.S. inflation data, although a gloomy near-term demand outlook limited gains.
Europe's gas consumption has fallen by 10% to 15% compared with the decade before Russia's invasion of Ukraine as high prices enforce sharp cuts, especially by energy-intensive industries.
Chicago soybeans rose for a third consecutive session on Wednesday, climbing to a one-week high as a widely-watched U.S. government report is expected to reduce its production and supply estimates.
Australia said on Wednesday it was disappointed that China has asked for another month to complete a review needed to lift tariffs on barley and warned it would resume a case at the World Trade Organization (WTO) if there was further delay.
United Airlines Chief Executive Scott Kirby met on Tuesday with the acting head of the Federal Aviation Administration (FAA), officials told Reuters, after he blasted its air traffic control performance last month.