Malaysia said on Wednesday it will closely monitor how the EU responds to a WTO ruling that supported the bloc's stance that palm oil-based biodiesel should not count as a renewable biofuel, but sought changes in how it implemented that decision.
Ukraine's grain exports so far in March have totalled 774,000 metric tons against 641,000 tons in the same period a year earlier, agriculture ministry data showed on Wednesday.
Algeria’s state grains agency OAIC is believed to have purchased between 870,000 to 900,000 metric tons of milling wheat in an international tender on Tuesday, European traders said on Wednesday.
One of Boeing's biggest customers, Dubai carrier Emirates, threw support behind a possible Boeing takeover of Spirit AeroSystems, saying on Wednesday it would be a "step in the right direction" towards resolving factory woes.
Leading South Korean feedmaker Nonghyup Feed Inc (NOFI) issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced optionally from the U.S., South America or South Africa, European traders said on Wednesday.
India's Balrampur Chini Mills is likely to crush 10% more cane in the 2023/24 marketing year ending Sept. 30, a senior company executive said on Wednesday at a sugar conference in Dubai.
Sugar cane planting in the western Indian state of Maharashtra and southern Karnataka is expected to fall for the 2024/25 season starting from Oct.1, a leading industry body said on Wednesday at a sugar conference in Dubai.
Malaysian palm oil futures rose on Wednesday amid supply concerns and optimism on palm demand in the near term, while higher rival oil prices also supported sentiment.
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Chicago soybean and corn futures were flat on Wednesday, hovering near three-year lows ahead of a key USDA report as South American harvest pressure continues to drag the market.
Nickel prices fell on Wednesday as traders eyed better supply from top producer Indonesia, while a steady U.S. dollar and the lack of policy support from leading consumer China weighed on market sentiment.
Malaysian palm oil price is seen trading in the range of 3,800 to 4,300 ringgit in the next three months as supplies tighten, leading industry analyst Thomas Mielke said on Wednesday.
Global palm oil production declined between January and March this year, with stocks down by 1.2 million metric tons so far in the current quarter, leading industry analyst Thomas Mielke told an industry conference on Wednesday.
Rainfall in Argentina is set to become less frequent as the El Nino weather phenomenon subsides, giving way to a drier autumn and the possibility of a La Nina climate pattern, the Buenos Aires Grains Exchange said on Tuesday.
Copper prices extended their decline on Wednesday, as a steady U.S. dollar dampened the greenback-priced commodity's appeal, while a lack of policy support from top consumer China at its key parliament meeting left traders disappointed.
Australia's Qantas Airways has been fined A$250,000 ($162,375) for illegally sacking an employee who told staff not to clean aircraft arriving from China early in the COVID-19 pandemic, adding to the airline's reputational challenges.
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.
Bayer on Tuesday said it won a trial in a lawsuit brought by a retired postal service worker in Pennsylvania who alleged he developed non-Hodgkins lymphoma from using the company's Roundup weedkiller.
Reuters
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