Chicago wheat turned lower on Wednesday after a report that Russia had agreed to an extension of the Black Sea grain deal allowing shipments from Ukraine ahead of a Thursday deadline.
Robusta coffee futures on ICE hit fresh 12-year highs for a third day running on Wednesday as farmers in Vietnam, Brazil and Indonesia, the world's three largest producers, balk at selling
The private sector will fund three quarters of Zimbabwe's wheat crop this year, playing a growing role in agriculture as the government opens the sector to boost food security, a commodity contractors' body said.
Ukraine, a traditional grower of winter wheat, is likely to sow a record 285,000 hectares to spring wheat in 2023, the Ukrainian agriculture ministry said on Wednesday.
London copper lost more ground on Wednesday, with prices dropping to their lowest since late November as concerns over a slower pace of economic recovery in top consumer China pressured the market.
Malaysian palm oil futures slipped on Wednesday to their lowest in two weeks, weighed down by expectations of rising production amid lacklustre demand, but a weakening ringgit limited losses.
The last ship is due to leave a port in Ukraine on Wednesday under a deal allowing the safe Black Sea export of Ukraine grain, said a U.N. spokesperson, a day before Russia could quit the pact over obstacles to its grain and fertilizer exports.
None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary, said on Wednesday.
London copper edged higher on Wednesday with bargain-buying supporting prices, after the market dropped to its lowest since late-November on concerns over demand in top consumer China.
Malaysian palm oil futures slipped for a third straight session on Wednesday to hit their lowest in two weeks, weighed down by expectations of rising production amid lacklustre demand.
Chicago soybeans slid on Wednesday to their lowest levels in more than seven months, while corn eased as crop-friendly weather in parts of the U.S. Midwest and stiff export competition anchored prices.
None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of engines, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary, said on Wednesday.
London copper edged higher on Wednesday with bargain-buying supporting the prices, after the market dropped to its lowest since late-November on concerns over demand in top metals consumer China.
Crop scouts on the first day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the northern part of the drought-hit state at 29.8 bushels per acre, the worst for the tour's first day since at least 2003.
Incitec Pivot Ltd shares fell nearly 10% on Wednesday, hitting their lowest level in more than one-and-a-half years, after Australia's top fertiliser maker reported a drop in half-yearly profit.
Crop scouts on the first day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the northern portion of the drought-hit state at 29.8 bushels per acre, the worst for the first day of the tour since at least 2003.
Chicago soybeans edged down on Wednesday, trading near last session's seven-month low, while corn eased as crop-friendly weather in parts of the U.S. Midwest and stiff export competition anchored prices.
The global refined lead market will be roughly balanced between supply and demand this year, according to the International Lead and Zinc Study Group (ILZSG).
U.S. spot soybean futures fell 2.6% on Tuesday to multi-month lows and corn futures slipped nearly 2%, pressured by decent Midwest crop weather and strong competition for global export business, traders said.