Brazilian President Luiz Inacio Lula da Silva has increased subsidized farm loans as part of a national agriculture funding plan as he aims to strengthen ties with the sector, which has been driving economic activity this year.
Escalating tensions with farmers may prove a stumbling block for Mexico's ruling party in next year's elections, experts said, as resentment builds over low grains prices, a trade conflict with the U.S., and a perceived lack of government support.
Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia is effectively blocking Black Sea shipments, the Ukrainian Sea Ports Authority said on Tuesday.
Brazil's center-south sugar production came in roughly in line with market estimates in the first half of June, data from industry group Unica showed on Tuesday, decelerating from the previous fortnight as rains that drove a jump in yields now hamper crush operations.
Sugar futures on ICE hit their lowest in nearly three months on Tuesday on signs of weak demand, while London cocoa steadied after hitting its highest since the mid-1970s in the prior session.
Ukraine's grain harvest is likely to fall to 42.5 million tonnes in 2023 from around 53 million tonnes in 2022 due to a smaller sowing area, the Ukrainian Agribusiness Club (UCAB) business association said on Tuesday.
Chicago corn, wheat and soybeans lost around 3% on Tuesday as improved rain prospects in the U.S. Midwest tempered concerns over dry weather that has stressed crops this month.
Ryanair expects passenger numbers in central and eastern Europe (CEE) to surge by at least 50% over the next decade, the airline's manager for the region said, as it looks to dominate in a less-developed market also targeted by Wizz Air.
Iranian state-owned animal feed importer SLAL has issued an international tender to purchase up to 120,000 metric tons of soymeal to be sourced from Brazil or Argentina, European traders said on Tuesday.
After some scattered rain across the U.S. Corn Belt over the weekend, about half of the Crop Watch producers are satisfied with recent rainfall totals. For the rest, rain showers were too light and anxiety over dryness remains.
Malaysian palm oil futures reversed early gains on Tuesday, tracking rival edible oils lower, but a weaker ringgit and slow production in the world's second-largest producer capped losses.
The Philippines, one of the world's biggest rice importers, has enough supply of the staple grain as it enters the third quarter of the year, the president's office said on Tuesday.
China's net gold imports via Hong Kong fell by about 1.7% in May from the previous month, as concerns over the top consumer's economy were seen weighing on retail demand for jewellery.
Copper prices dipped on Tuesday after signals from a top Chinese official about more economic stimulus were offset by concern over slower growth and rising interest rates in the West.
Delta Air Lines will likely raise its full-year earnings outlook when it shares its near- and medium-term business strategy with investors on Tuesday, analysts said, citing strong travel demand and lower fuel costs.