Soft wheat exports from the European Union in the 2022/23 season that started last July had reached 27.17 million tonnes by May 14, up 12% compared with 24.13 million a year earlier, data published by the European Commission showed on Tuesday.
U.S. Commerce Secretary Gina Raimondo said on Tuesday that the Biden administration was "extremely focused" on reaching a "green steel" arrangement with the European Union and other partners that disadvantages carbon-intensive steel from China and some other countries.
Miguel Gularte, the CEO of Brazilian meat processor BRF SA, said on Tuesday confirmation of two highly pathogenic avian flu cases in the South American nation is unlikely to spark trade bans as Brazil's sanitary status remains unchanged, as per guidelines of the World Organization of Animal Health (WOAH).
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).
The Black Sea grain deal allowing seaborne exports from Ukraine will most likely be renewed, market sources say, but even a veto by Russia would not stop Ukrainian supplies reaching global markets - though at higher cost.
France's farm ministry on Tuesday forecast that the area sown with grain maize, excluding crop grown for seeds, for this year's harvest will reach 1.25 million hectares, down 7.6% from 2022.
Exports of Ukrainian corn are expected to fall 30% next season, with the war-torn country on course to harvest a much smaller crop this year, the Ukrainian Grain Association (UGA) said on Tuesday.
Copper prices fell during Asian trading hours on Tuesday after China's April industrial output and retail sales growth missed analyst forecasts and as traders remained worried about the U.S. debt-ceiling debate.
Malaysian palm oil futures slipped on Tuesday for a second consecutive session, weighed down by fears of rising production and tracking losses in rival edible oils.
Pilots at Onex Corp's WestJet Group gave notice on Monday that could allow for strike action as early as May 19, raising the possibility of travel disruptions during Canada's Victoria Day holiday next weekend.
China's Qianhai Mercantile Exchange (QME) plans to launch lithium carbonate, nickel sulphate and cobalt contracts, with one of the three contracts potentially being launched this year, its general manager Dong Feng said on Tuesday.
Copper prices remained subdued during the Asian trading on Tuesday after China's April industrial output and retail sales growth missed analyst forecasts, underscoring signs of an uneven economic recovery for the world's top metals consumer.
India slashed the base import prices of crude palm oil, soyoil, and silver, and raised the price of gold, the government said in a statement late on Monday.
Malaysian palm oil futures fell on Tuesday for a second consecutive session, as the contract rolled over to a new month and tracked losses in rival edible oils.
India's Go Airlines said on Monday it needed an emergency arbitration in its dispute with engine maker Pratt & Whitney to be enforced in Delaware to prevent it from going out of business.
Pilots at Onex Corp's WestJet Group gave notice on Monday that could allow for strike action as early as May 19, raising the possibility of travel disruptions during Canada's Victoria Day holiday next weekend.
Chicago wheat gained more ground on Tuesday, climbing to its highest in a week as expectations of lower U.S. supplies in the next season and doubts over the renewal of a Black Sea export deal underpinned prices.
There are no encouraging prospects for extending the Black Sea grain export initiative at the moment, a source familiar with the negotiations told the Russian RIA state news agency in remarks published early on Tuesday.
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