Benchmark London copper fell during Asian trading on Monday, resuming its downtrend after a late-session rebound on Friday, as the U.S. dollar firmed and investors braced for industrial activity data from top metals consumer China.
Chicago soybean futures lost ground on Monday, while corn prices were little changed, with both markets weighed down by a U.S. government forecast for all-time high production.
Chicago corn futures lost ground on Monday, while soybeans were little changed, with both markets weighed down by a U.S. government forecast for all-time high harvests.
Zinc prices are on the slide, with London Metal Exchange (LME) three-month metal hitting a two-and-a-half year low of $2,517.50 per tonne on Friday morning.
U.S. fighter jets intercepted six Russian aircraft operating in international airspace near Alaska, the North American Aerospace Defense Command (NORAD) said on Sunday.
Speculators made relatively minor changes to their Chicago grain and oilseed positions before the large U.S. government data release on Friday, which gave way to some multi-month or multi-year lows across the board.
Colombia's flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the country's aviation regulator, the company announced Saturday.
Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday showed.
U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops.
CME Group cattle futures contracts rallied on Friday as a government forecast for a record-large U.S. corn harvest raised expectations that feeding costs will weaken as the supply base rises.
Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to May 9, 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
Cocoa futures on ICE hit fresh 6-1/2-year highs on Friday as investors focused on concerns over tight supply in West Africa, while robusta coffee futures consolidated after hitting 12 year highs on Thursday.
Chicago soybean futures fell on Friday, led by deferred contracts representing the 2023 harvest after the U.S. Department of Agriculture (USDA) projected record-large U.S. production that should raise inventories.
France has reinforced sanitary measures to curb a wave of bird flu cases on duck farms in the southwest, where it has broken a recent lull in outbreaks, the French agriculture ministry said on Friday.
U.S. corn and soybean supplies were expected to rise sharply in the coming year due to forecasts for a record harvest for both crops, the government said on Friday, raising the potential for further price declines for both commodities.