In trading on Friday, shares of Pan American Silver Corp (Symbol: PAAS) crossed below their 200 day moving average of $16.96, changing hands as low as $16.79 per share. Pan American Silver Corp shares are currently trading down about 1.7% on the day. The chart below shows the
U.S. soybean futures closed the week down on Friday, extending losses as cheap Brazilian beans were being snatched up by the United States, the second-largest soy producing country in the world.
Raw sugar and cocoa futures on ICE gained an additional 3% this week as their prices continue to be supported by an overall outlook of tight global supplies for both.
Shares in Chile's top two lithium miners, SQM and Albemarle Corp, slid on Friday after the Andean country, which has the world's largest reserves of the battery metal, unveiled plans to nationalize the sector over time.
U.S. soybean and corn futures fell to multiweek lows on Friday on technical trading, modest weekly U.S. exports and a positive outlook for U.S. planting weather, analysts said.
A drop in prices due to abundant local supplies is making Brazil an attractive origin for soybeans, with at least two vessels carrying a combined 79,150 tonnes of Brazilian product heading to the U.S. in the next few days, according to shipping data.
Britain on Friday signed a key global coffee sector agreement aimed at tackling some of the industry's most pressing issues, including making coffee growing and coffee consumption more sustainable.
A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 - "the expected date of ... closure."
In trading on Friday, shares of Arch Resources Inc (Symbol: ARCH) entered into oversold territory, changing hands as low as $123.24 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment
Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload menswear label Bonobos, underscoring an effort to improve margins by narrowing focus and building on alternative revenue streams.
French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday.
Canada's main stock index was steady on Friday, set to climb for a fifth straight week, as better-than-expected retail sales data lifted consumer staples, although a drop in precious and base metal prices pressured miners and capped gains.
Russian agricultural consultancy IKAR said on Friday that it saw Russia's 2023 wheat harvest at 84 million tonnes, with 2022/23 wheat export at 41 million tonnes.
Shares in Chile's top two lithium miners, SQM and Albemarle Corp, slid on Friday after the Andean country, which has the world's largest reserves of the battery metal, unveiled a plan to nationalize the industry.
Ukraine's prospects of unblocking grain shipments to eastern Europe improved on Friday as Romania opted against a unilateral ban on food imports, but there was no progress on extending a deal on Black Sea exports.
Global primary aluminium production grew by 2.0% year-on-year to 16.9 million tonnes in the first three months of 2023, according to the latest monthly assessment from the International Aluminium Institute (IAI).