Brazilian farmers have harvested 86% of the soybean area planted for 2022/23 through last Thursday, agribusiness consultancy AgRural said on Monday, up four percentage points from the previous week.
Nigerian aviation employees on Monday blocked roads to the domestic terminal of Lagos airport, slowing traffic and threatening to delay flights as they began a two-day strike in protest over working conditions and wages.
Chicago wheat prices rose on Monday as dealers assessed Russian comments suggesting Moscow might not renew Ukraine’s grain export deal, while some east European countries stopped Ukrainian grain imports.
South Korea’s state-backed Agro-Fisheries & Food Trade Corp. has issued an international tender to purchase an estimated 43,500 tonnes of rice, European traders said on Monday.
Indonesia has formed a new task force to improve governance in the palm oil plantation sector, aiming to ensure companies comply with rules including on tax payments, its deputy finance minister said on Monday.
Kyiv will aim to secure the re-opening of food and grain transit via Poland as "a first step" at talks in Warsaw on Monday, Ukraine's agriculture minister said, after Poland and Hungary announced bans on some imports from Ukraine.
SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected development of the airline's liquidity, the airline said on Monday.
Malaysian palm oil futures rebounded on Monday, underpinned by data showing a sharp drop in Indonesia's February inventories, and a weaker Malaysian ringgit.
Indian conglomerate Wadia Group is in talks with strategic partners to either sell a majority stake in loss-making budget airline Go First or completely exit it, the Economics Times reported on Monday, citing sources close to the development.
A subsidiary of the world's largest maker of branded sports footwear Pou Chen will invest 23.02 billion rupees ($280.86 million) to set up a manufacturing facility in Tamil Nadu, the Indian state government said on Monday.
London copper prices edged higher on Monday, underpinned by falling inventories in London Metal Exchange (LME) warehouses and on hopes of further economic stimulus from the Chinese government.
Chicago wheat prices lost ground on Monday with the market giving up some of last session's gains on pressure from plentiful global supplies and continued Black Sea shipments despite Russia's threats on the wartime export deal.
Indian conglomerate Wadia Group, the owner of budget airline Go First, is in talks with strategic partners to either sell a majority stake in the carrier or completely exit it, the Economics Times reported on Monday, citing people close to the development.
Malaysian palm oil futures rebounded on Monday, with investors awaiting production estimates for the first half of the month, while cargo surveyor data showing sluggish exports curbed the gains.
Chicago wheat prices lost ground on Monday with the market giving up some of last session's gains on pressure from plentiful global supplies and continued Black Sea shipments despite Russia's threats on the wartime export deal.
Concerns over the health of the Black Sea grain deal have recently resurfaced, but speculators last week continued selling Chicago-traded wheat, establishing their most bearish stance since January 2018.
Unilateral action on trade by European Union member states is unacceptable, a European Commission spokesperson said on Sunday after Poland and Hungary announced bans on imports from neighbouring Ukraine to protect the local agricultural sector.
Unilateral action on trade by European Union member states is unacceptable, a European Commission spokesperson said on Sunday, after Poland and Hungary announced bans on grain and other food imports from Ukraine to protect the local agricultural sector.
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