Canada’s Nutrien Ltd may consider further slowing its expansion of potash capacity, its CEO said on Thursday, after falling prices and sales volumes led the world’s biggest fertilizer producer to cut its annual profit guidance.
Chicago Board of Trade soybean futures firmed from a 6-1/2-month low hit earlier on Thursday on a round of bargain buying as traders squared positions ahead of a key U.S. government report.
Ukraine, Russia, Turkey and the United Nations discussed on Thursday U.N. proposals to extend a deal allowing the safe Black Sea export of Ukraine grain, which Moscow has threatened to quit on May 18 over obstacles to its grain and fertilizer exports.
In trading on Thursday, shares of ArcelorMittal SA (Symbol: MT) crossed below their 200 day moving average of $26.34, changing hands as low as $25.90 per share. ArcelorMittal SA shares are currently trading down about 3.5% on the day. The chart below shows the one year perfor
Brazil's center-south sugarcane crushing dropped 12.5% in the second half of April from a year earlier, industry group Unica said on Thursday, with sugar production missing market expectations after rains limited harvesting.
Canada’s Nutrien Ltd may consider slowing its expansion of potash capacity, its CEO said on Thursday, after falling prices and sales volumes led the world’s biggest fertilizer producer to cut its annual profit guidance.
Robusta coffee futures on ICE turned lower on Thursday after hitting a 12-year high, pressured partly by a stronger dollar, while sugar prices also fell.
Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion), driven by a rebound in China and sustained growth in Europe.
The U.S. Supreme Court on Thursday preserved a California law banning the sale of pork in America's most-populous state from pigs kept in tightly confined spaces, rejecting an industry challenge claiming that the voter-backed animal welfare measure impermissibly regulates out-of-state farmers.
The El Niño weather pattern was likely to form during the May-July season, with a more than 90% chance of the phenomenon persisting into the North Hemisphere winter, a U.S. government weather forecaster said on Thursday.
Progress was made in talks on the Black Sea grain deal held in Istanbul by the deputy defence ministers of Turkey, Russia and Ukraine as well as U.N. officials, Turkey's Defence Ministry said on Thursday.
Russia wants the West to remove obstacles to the export of its grain and fertilisers before it agrees to the extension of a deal allowing safe Black Sea exports of agricultural products from three Ukrainian ports.
Conab, Brazil's food supply and statistics agency, has raised its forecast for Brazilian soybean and corn production, citing favorable conditions in spite of the effects of the La Niña weather pattern, which caused drought in the south of the country early in the season.
Brazil's food supply and statistics agency Conab on Thursday raised its forecast for Brazilian soybean and corn production, citing favorable conditions even as farmers dealt with the effects of the La Niña weather pattern early in the season.
South Korea's largest animal feed maker Nonghyup Feed Inc. (NOFI) is believed to have made no purchase in an international tender which closed on Thursday to buy up to 69,000 tonnes of animal feed corn, European traders said.
Chicago grain futures were all trading in negative territory on Thursday, with soybean futures hitting a one-week low as rapid U.S. planting progress pressured prices.
The Spanish government has earmarked a total of 2.19 billion euros ($2.41 billion) to help alleviate the impact of a prolonged and worsening drought in the country, Environment Minister Teresa Ribera said on Thursday.
Sales at Italian luxury group Prada rose 22% in the first quarter, to 1.065 billion euros ($1.17 billion), driven a rebound in China and sustained growth in Europe.
Chicago-traded November soybeans have shed more than 11% since the start of the year, more than in most years, though not all market participants are convinced the highs are in.