Hungary's farm minister will go to Turkey on Tuesday for talks with his Turkish counterpart about extending the deal that allows Ukraine to export grain from its Black Sea ports, the minister said on Facebook.
Australia's Prime Minister Anthony Albanese said it was important for exporters to gain access to European markets under any EU free trade deal, and he would raise obstacles to an agreement in talks with French President Emmanuel Macron on Tuesday.
Malaysian palm oil futures advanced for a second session on Tuesday as improving export demand and a slower-than-anticipated rise in inventories lifted sentiment.
Chicago corn futures lost ground on Tuesday after a weekly U.S. government report showed improvement in crop condition following rains in the Midwest grain belt, while soybeans ticked higher.
Malaysian palm oil futures rose for a second session on Tuesday, underpinned by improving export demand and a slower-than-anticipated rise in inventories.
Chicago corn futures lost ground on Tuesday as the condition of the U.S. crop improved with rains in the Midwest grain belt, while soybeans gained ground.
The U.S. corn crop was seemingly fast-tracking to disaster last month amid historically dry weather, but July has so far featured a wetter and cooler pattern for many top-producing states, aiding in recovery.
U.S. soybean futures rose about 2% on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, traders said.
Canada is against commercial seabed mining in international waters without a comprehensive understanding of its environmental impacts and a robust regulatory regime, the federal government said on Monday.
Shares of Surf Air Mobility are expected to start trading on the New York Stock Exchange during the week of July 24, the electric aviation and regional air travel company said on Monday.
Raw sugar futures on ICE closed lower on Monday, weighed
down by the strong pace of production in the key Centre-South
region of Brazil, while cocoa futures were boosted by tight
supplies.
Paris wheat futures were lower on Monday, pressured by export competition from Russia and the start of harvesting in Europe that was set to add to large stockpiles, dealers said.
India, the world's second-largest sugar producer and a major exporter in recent years, will likely have a smaller role in the sugar export market going forward as its government-led ethanol program continues to expand, a report said on Monday.
Conditions in the U.S. Crop Watch corn and soybean fields rose again last week as seasonably cool temperatures dominated, outweighing some of the underwhelming rainfall totals in western areas.
Meta Platforms' Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone.