Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 25.67 million tonnes by April 30, compared with 23.46 million a year earlier, data published by the European Commission showed on Tuesday.
The global sugar market is heading to a smaller supply surplus of 1.1 million tonnes in 2022/23 (Oct-Sept) from a March estimate of 2.5 million tonnes surplus, after frustration with crops in areas such as India, Mexico and the European Union.
Jordan's state grains buyer purchased about 60,000 tonnes of hard milling wheat to be sourced from optional origins in an international tender on Tuesday, traders said.
Elanco Animal Health Inc said on Tuesday the U.S. Department of Agriculture (USDA) has provided a conditional license for its antibody to treat canine parvovirus, making it the first approved therapy.
Jordan's state grains buyer purchased about 50,000 tonnes of hard milling wheat to be sourced from optional origins in an international tender on Tuesday, traders said.
Chicago wheat rose on Tuesday with bargain-buying supporting prices after the market dropped to its lowest in almost two years on plentiful global supplies and improved U.S. weather.
After cool and wet weather delayed planting last year, the U.S. Crop Watch farmers are planting corn and soybeans at an efficient clip, but not as fast as in 2021.
Raw sugar futures on ICE were higher on Tuesday, regaining some ground after the prior session's sharp fall, while arabica coffee and New York cocoa prices fell.
Copper edged up to a one-week high on Tuesday as speculators followed short-term bullish signals, but gains were capped by weak factory activity in top metals consumer China.
Seven trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase 120,000 tonnes of wheat which closed on Tuesday, traders said in initial assessments.
Cash-strapped Indian airline Go First Airways has suspended its flights for May 3 and 4, and filed for insolvency resolution proceedings in the National Company Law Tribunal, local media reported on Tuesday.
Emirates Airline President Tim Clark said on Tuesday that new Saudi airlines and the expansion of regional competitors will not affect the Dubai-based carrier, adding that he sees resilient demand, especially for leisure travel.
Japan Airlines Co on Tuesday forecast a 60% rise in net profit for the current business year as travel demand recovers further from the COVID-19 pandemic, and after swinging back to the black for the first time in three years.
Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year.
Malaysian palm oil futures gained ground on Tuesday, recouping losses after the market suffered its deepest monthly drop in seven on weak demand amid larger Indonesian supply.
Dutch specialty chemicals maker DSM's first-quarter core profit and sales missed expectations on Tuesday, hit by persistently high inflation and low vitamin prices.