Chicago wheat rose more than 1% on Monday, climbing to its highest in almost three weeks, as concerns over Black Sea supplies and crop damage in China underpinned the market.
Deputy U.S. Transportation Secretary Polly Trottenberg is expected to be named Federal Aviation Administration's (FAA) next interim leader, two sources told Reuters on Sunday.
The head of a group representing global airlines renewed pressure on planemakers to speed up plane and parts production on Sunday, warning the delays would curtail airline capacity as demand for air travel nears a full recovery from the pandemic.
Airlines said on Sunday they are ready to avoid a repeat of last year's travel chaos, but warned that some flights could still be disrupted by controller strikes and hit out at schemes that force them to pay compensation for unavoidable delays.
European planemaker Airbus is seeing a more predictable pattern in its industrial activities and what appears to be the start of a more positive trend in deliveries, Chief Commercial Officer Christian Scherer said.
The employers of more than 22,000 dock workers at U.S. West Coast seaports on Friday said the union representing those laborers "is staging concerted and disruptive work actions" that have shut down some terminal operations at major gateways.
In trading on Friday, shares of Haynes International, Inc. (Symbol: HAYN) crossed above their 200 day moving average of $47.43, changing hands as high as $47.61 per share. Haynes International, Inc. shares are currently trading up about 7.2% on the day. The chart below shows
The employers of more than 22,000 dock workers at U.S. West Coast seaports on Friday said the union representing those laborers "is staging concerted and disruptive work actions" that have shut down some terminal operations at major gateways.
Argentines are expected to eat the most beef in five years in 2023, extending the country's reign as the No. 1 steak consumer per capita despite the painful impact of 109% inflation on food prices, a Rosario grains exchange report showed on Friday.
U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week's multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said.
Snapshot of the global export markets for grains, oilseeds and edible oils reported by government and private sources as of the end of business on Friday:
Mexico has recovered the top airspace safety rating from U.S. aviation regulators, local newspaper El Financiero reported on Friday citing anonymous sources.
Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to May 30, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and increased their net short position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm
The chief of staff for Colombian President Gustavo Petro and the country's ambassador in Venezuela will leave their posts, Petro said on Friday, as the prosecutor's office probes accusations of illegal phone intercepts of domestic staff.
The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative's office said on Friday.
Raw sugar futures on ICE closed down on Friday, falling to the lowest price in 1-1/2 months amid improvement in the flow of the sweetener from top producer Brazil. Coffee also fell.
U.S. corn and soybean futures rose on Friday, lifted by bargain-buying following this week's multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said.
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