Shares of Super Micro Computer jumped 12% in premarket trading on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing dominance of AI stocks in Wall Street's benchmark index.
Poland plans to ask the
European Union to put sanctions on Russian and Belarusian
agricultural products, Prime Minister Donald Tusk said on Monday
during a visit to the Lithuanian capital Vilnius.
Rainfall was above average in most of Ivory Coast's cocoa-growing regions last week, raising hopes for the mid-crop's outlook after weeks of dry weather, farmers said on Monday.
Copper prices rose to one-week highs on Monday ahead of a key political meeting in China which could pave the way for growth stimulus, but gains were capped by persistent fears of stalling demand in the top consumer.
Malaysian palm oil futures dropped for a second straight session on Monday amid a stronger ringgit and market talk of India purchasing less palm oil in 2024.
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
Ukraine's grain exports so far in March have decreased to 270,000 metric tons from 641,000 tons in the same period a year earlier, agriculture ministry data showed on Monday.
Malaysia's palm oil stocks are expected to drop below 2 million metric tons for the first time in six months at the end of February, with output likely to drop for a fourth consecutive month, a Reuters survey showed on Monday.
Main crop cocoa arrivals at ports in top grower Ivory Coast had reached 1.917 million metric tons by March 3 since the start of the season on Oct. 1, down 29% from the same period last season, exporters estimated on Monday.
Strategie Grains cut its forecast for this year's rapeseed output in the European Union to 18.3 million metric tons, nearly 8% below last year's output as a sharp fall in area reduced projected production.
European and U.S. buyers will compete aggressively for Middle Eastern aluminium if the European Union bans Russian metal in coming months, sparking price rises reminiscent of 2018 when sanctions were imposed on Rusal.
Chicago soybean futures extended gains on Monday after last week's three-year lows but plentiful supply from South America and weak U.S. exports limited gains, with speculators still betting on lower prices.
India, the world's biggest vegetable oil importer, is expected to buy larger volumes of soyoil in 2024, while purchases of palm oil are likely to decline, a top dealer said on Monday.
Iranian state-owned animal feed importer SLAL has issued international tenders to purchase up to 180,000 tonnes of animal feed corn, 120,000 tons of feed barley and 120,000 tons of soymeal, European traders said on Monday.
AVI Ltd posted half-year earnings growth of 17.4% on Monday as the South African food producer and fashion retailer lifted prices to put a lid on rising input costs, but said second-half profit growth may not mirror the first half's.
Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.
Reuters
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