Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions and wealthy nations to cope, African finance ministers said on Saturday.
Mubadala Capital backed-Acelen will invest 12 billion reais ($2.44 billion) over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment, executives told Reuters.
Egypt's state grains buyer started offering yellow corn on the country's newly-launched commodities exchange on Thursday, exchange head Ibrahim Ashmawy said in a statement on Saturday.
The U.S. government is testing four potential bird flu vaccines for poultry, officials said on Friday, after more than 58 million chickens, turkeys and other birds have died in the nation's worst outbreak ever.
Chicago corn futures settled higher on Friday, making the fourth straight week of gains, after a week of flash sales to China and demand for ethanol processing.
Farmers participating in Argentina's "soy dollar" plan to boost exports have traded less than half of the soybeans they had traded at the same point during the previous plan, due to the impact of a drought, the Rosario grains exchange said on Friday.
Cocoa futures on ICE rose to 6-1/2 year highs on Friday boosted by tight supplies, while raw sugar prices were consolidating just below an 11-year peak set earlier this week.
Germany's Bayer believes that Brazil's cotton area growth may be limited after a sharp drop in global prices, though prospects are brighter in the longer run.
European Commission Executive Vice President Valdis Dombrovskis said on Friday that the bloc wants to move quickly on a trade agreement with the United States for electric vehicle battery minerals and was optimistic on reaching a green steel and aluminum pact with Washington by October.
U.N. Secretary-General Antonio Guterres has written to Russia, Ukraine and Turkey to raise concerns about the implementation of a deal that allows the safe wartime export of grain from several Ukrainian Black Sea ports, a U.N. spokesman said on Friday.
The 2023/24 Brazilian coffee crop, whose harvest is about to start, is looking healthy and able to deliver good yields, indicating that a market-consensus view of an output around 65 million 60-kg bags is reasonable, a report said on Friday.
Chicago corn futures climbed on Friday amid demand from ethanol producers, while wheat bounced back from a three-week low earlier in the session as markets assessed weather conditions.
The Canadian Supreme Court ruled on Friday that Quebec's provincial ban on cannabis grown in private homes is constitutional, in a blow to cannabis advocates who said it was at odds with a federal law allowing a small number of plants to be grown for personal use.
Canada's Olymel, one of the country's biggest pork processors, said on Friday that it would close a hog plant in Vallee-Jonction, Quebec by late this year, laying off 994 people.
The U.S. government is testing several potential bird flu vaccines for poultry, officials said on Friday, after more than 58 million chickens, turkeys and other birds have died in the nation's worst outbreak ever.
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