The U.S. and Mexico still have "differences" of opinion regarding Mexico's recovery of a coveted air safety rating, Mexico's president said on Thursday.
Malaysian palm oil futures jumped nearly 4% on Friday, tracking an overnight surge in prices of rival edible oils, although the contract was on course for a second weekly decline.
Prices of copper held steady on Friday, although the contract was on track for a second consecutive weekly gain as top metal consumer China rolled out measures to support its economy, while a weaker dollar also provided some relief.
Chicago soybean futures posted tepid movement in early Asian trading on Friday and were poised to post weekly gains, amid supply concerns following a drop in total production in top exporter Argentina.
The Biden administration has submitted draft legislation to Congress that would mandate airlines pay cash compensation for delays of three hours or more when carriers are responsible.
Argentina's current soybean harvest is nearing completion with total production expected to reach just 21 million metric tons, a major grains exchange said on Thursday, far below yields from previous years for the country's main cash crop.
The government’s starting U.S. corn yield for 2023 has already raised eyebrows for being notably above the prior record, and that number is likely to come under further scrutiny on Friday given near-record dryness across the Corn Belt since planting.
The U.S. and Mexico still have "differences" of opinion regarding Mexico's recovery of a coveted air safety rating, Mexico's president said on Thursday.
U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said.
Coffee futures surged, with robusta coffee hitting an all-time high, and raw sugar gained 4% on the Intercontinental Exchange on Thursday after a report said the El Nino weather pattern is already happening, amid lack of sales from Brazil and other Latin American countries.
(RTTNews) - Following the sharp pullback seen in the previous session, the price of gold showed a significant move back to the upside during trading on Thursday.
U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said.
El Nino has officially returned and is likely to yield extreme weather later this year, from tropical cyclones spinning toward vulnerable Pacific islands to heavy rainfall in South America to drought in Australia and in some parts of Asia.
In trading on Thursday, shares of Compania de Minas Buenaventura S.A. (Symbol: BVN) crossed above their 200 day moving average of $7.36, changing hands as high as $7.55 per share. Compania de Minas Buenaventura S.A. shares are currently trading up about 1.4% on the day. The c
FXEmpire.com - Key Insights
Working gas in storage increased by 118 Bcf from the previous week, compared to analyst estimates of +113 Bcf.
Natural gas stocks are higher than the five-year average for this time of the year.
Natural gas prices remain range-bound as bulls do not