Seven of the 11 U.S. Crop Watch producers have reduced condition scores on their corn and soybean fields due to ongoing dryness, particularly in the eastern Corn Belt, where no rain was observed last week.
Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said.
Part of the 600 new aircraft Turkish Airlines will order from Boeing and Airbus will be optional and the final order will depend on a government decision, which is expected in two months, Chairman Ahmet Bolat said on Monday.
Saudi Arabia announced another voluntary oil reduction of one million barrels per day yesterday, sending a clear message to market participants that the cartel is serious about preserving oil price stability
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 2, Cleveland-Cliffs Inc's Director, Ralph S. Michael III, invested $149,592.00 into 10,000 shares of CLF, for a cost per share of
The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European electricity markets.
France's second-largest sugar maker Cristal Union on Monday posted a rise of 85% in its 2022/23 net profit and said it was confident about the upcoming season after it secured most of its sales at high prices and expected a reasonable sugar beet crop.
British Airways and retailer Boots said their staff were amongst those hit by a cyber attack on Zellis, a payroll provider used by hundreds of companies in Britain.
The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European energy markets.
Luxury fashion house Armani Group has started an experimental agroforestry plantation in southern Italy to test new ways to produce cotton sustainably, it said on Monday.
Raw sugar futures traded on the ICE exchange fell on Monday, heading back to recent six-week lows as supply concerns eased, while arabica coffee recovered.
Well above-average rains last week in most of Ivory Coast's main cocoa regions triggered fears of flooding and disease, which could damage the April-to-September mid-crop, farmers said on Monday.
The head of the International Energy Agency (IEA) on Monday said that the chance of higher oil prices had increased sharply after a new pact between producers to limit supply.
Chicago wheat firmed on Monday on hopes that current low prices will drive more export demand after Saudi Arabia made a major purchase in an international tender.
Russia's foreign ministry said on Monday that it saw no prospects for extending the Black Sea grain export deal, which is set to expire in mid-July, Russian news agencies reported.
Chicago-traded soybean futures last week closed below $13 per bushel for the first time in a year-and-a-half, though speculators are still hanging on to the net long position they have maintained since April 2020.
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