German diversified group Bayer said its 2023 results would likely come in at the lower bound of its target range, hurt by the reversal of last year's price boost for its glyphosate-based weedkillers.
China will stabilise and diversify its soybean imports, an official with the state's grain reserve bureau said on Thursday, as the country continues to promote higher domestic production of the crop.
India on Thursday clarified that duty-free imports of soyoil and sunflower oil shipped before March 31 would be allowed until the end of June, after hundreds of thousands of cargoes were stuck at ports over confusion over import rules.
Malaysian palm oil futures fell on Thursday, extending losses to a second day, weighed by concerns over rising production in top producer Indonesia and tracking losses in rival Dalian oils.
South Korean authorities have ordered the culling of several hundred cattle and put in place biosecurity measures after confirming cases of foot and mouth disease in farms in a central province, the ministry of agriculture said.
Copper prices fell on Thursday, as subdued trade data from top consumer China darkened the economic outlook for the country, weighing on the metal's demand prospects.
Argentina's Rosario Grains exchange cut its forecast for the current soybean harvest again as a historic drought hit the country's top crop, and scarce rains last month may also curtail wheat plantings, the exchange said on Wednesday.
For many of China's manufacturers of baby and children's products, painful reverberations from last year's historic decline in the country's population are already upon them.
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.
Fertilizer maker Nutrien Ltd on Wednesday reported a lower-than-expected profit in the first quarter due to a fall in sales as farmers delayed purchases due to high prices.
The El Niño weather phenomenon is unlikely to bring heavy rains to Argentina's agricultural area before September, the Buenos Aires grains exchange said on Wednesday, meaning the drought-hit soil will likely see a slow recovery.
Fertilizer maker Nutrien Ltd on Wednesday reported a lower-than-expected profit in the first quarter due to a fall in sales as farmers delayed purchases due to high prices.
Brazilian sugar mills lost 3 days of harvesting operations during the second half of April due to rains, according to estimates by analysts, who see production, however, jumping over the same period a year earlier.
A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending slump in travel demand with consumers seeking cheaper accommodation amid inflation and recession fears.
(RTTNews) - The price of crude oil showed a notable move to the downside during trading on Wednesday, giving back ground after closing high for three straight sessions.
Algerian state grains agency OAIC has bought milling wheat
in an international tender which closed on Wednesday with about
500,000 tonnes to 600,000 tonnes believed to have been
purchased, European traders said in initial assessments.
The precise tonnage bought was initially unclear.