Most nonferrous metals prices dropped on Monday as investors gauged lacklustre Chinese demand outlook and potential chaos in global financial markets following a surprise breakdown in the U.S. debt ceiling negotiations.
Malaysian palm oil futures fell more than 2% on Monday, surrendering the previous session's gains, as subdued demand and losses in rival edible oils weighed on the market.
China's soybean imports from Brazil fell 16% in April compared with the same month a year ago, data showed on Saturday, keeping supplies from the South American nation well behind last year's level after delays to its harvest.
Chicago wheat fell for a fifth consecutive session on Monday, sliding to its lowest in more than two years, as expectations of ample global supplies weighed on prices after a deal to ship Ukrainian grains was extended last week.
Speculators have been heavier sellers of Chicago-traded soybeans in recent weeks, and although they retained bullish bets through last Tuesday, late-week liquidation could have funds short in real time.
Manchester City celebrated their Premier League title success on Sunday, beating Chelsea 1-0 with an early goal by Julian Alvarez in the team's home finale at a sun-drenched Etihad Stadium.
Governments should consider vaccinating poultry against bird flu, which has killed hundreds of millions of birds and infected mammals worldwide, to prevent the virus from turning into a new pandemic, the head of the World Organisation for Animal Health (WOAH) said.
Ukraine said on Sunday that its forces were still advancing around the edges of Bakhmut, aiming to encircle the ruined city after Moscow congratulated the Wagner private army and Russian troops for capturing it.
Australian Prime Minister Anthony Albanese said on Sunday that he backed a Group of Seven (G7) joint statement out of Japan stressing the need to ease reliance on trade with China.
China's soybean imports from Brazil fell 16% in April compared with the same month a year ago, data showed on Saturday, keeping supplies from the South American nation well behind last year's level after delays to its harvest.
Pilots at American Airlines will get a 21% pay raise this year as part of a new four-year tentative contract, three sources with direct knowledge of the matter said on Friday.
A U.S. judge ruled on Friday that American Airlines Group must end its alliance with JetBlue Airways Corp, agreeing with the U.S. Justice Department that it means higher prices for consumers.
Three employees of the largest agricultural research facility in the U.S. have filed federal whistleblower complaints alleging that the facility’s conditions are hazardous to workers and undermine their research, even as farmers are facing pressing issues like climate change, according to documents reviewed by Reuters and interviews with staff.
U.S. stocks closed out the trading week on a soft note on Friday as early gains dissipated after U.S. debt ceiling negotiations in Washington were paused, denting optimism a deal could be reached in coming days to dodge a default.
The Brazilian unit of U.S.-based Cargill will build a plant in Mato Grosso, the country's biggest farm state, to produce mineral supplements for cattle raised on pastures, according to a statement on Friday.
Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to May 16, 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, trimmed their net short position in CBOT wheat and cut their net long position in soybeans. SUPPLEMENTAL Non-Comm Indexes Comm
Russian officials and business leaders have signed multiple deals with Cuban counterparts at a forum in Havana this week, agreeing to work together to boost sugar and rum output, assure wheat and crude oil supply to the communist-run island, and overhaul crumbling tourist facilities.
Robusta coffee futures on ICE gained 6% during the week and hit a fresh 12-year high on Friday as supplies remained tight, while sugar and cocoa prices also climbed.
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