Well-above-average rains last week in most of Ivory Coast's main cocoa regions is likely to increase the availability and the quality of beans during the first three months of the April-to-September mid-crop, farmers said on Monday.
India's top sugar-producing state, Maharashtra, could churn out nearly 16% less sugar than the previously estimated as mills are closing early due to limited availability of sugar cane, a senior state government official told Reuters on Monday.
Export prices for Russian wheat fell again last week after a deal allowing the safe Black Sea export of Ukrainian grain was renewed, which supported the downward trend in world markets, alongside increased export volumes, analysts said.
Brazilian farmers have harvested 70% of the soybean area planted for 2022/23 through last Thursday, agribusiness consultancy AgRural said on Monday, up 8 percentage points from the previous week.
Alitalia, the predecessor of Italian state-owned airline ITA Airways, will have to repay a 400 million-euro ($430 million) loan to the Italian government because the money breached EU state aid rules, EU competition authorities said on Monday.
Chicago corn futures ticked down on Monday, retreating from a more than three-week high hit in the previous session, although strong Chinese demand lent some support to the market.
Copper prices climbed on Monday, supported by lowered global supplies, while the nickel contract on the London Metal Exchange (LME) slipped on its first day trading during Asian hours since last March.
Malaysian palm oil futures climbed on Monday, rising from a more than 5-1/2-month low hit in the previous session, after cargo surveyor data showed a jump in exports.
Chicago corn futures inched lower on Monday, retreating from a more than three-week high hit in the previous session as traders assessed uncertainties about the Black Sea grains deal, although strong Chinese demand lent some support to the market.
Copper traded within a narrow range on Monday as investors gauged metals stocks against global economic headwinds, while the nickel contract on the London Metal Exchange (LME) resumed its Asian hours trading after over a year.
Speculators last week ended their record selling streak in Chicago-traded corn, but they posted a second consecutive week of heavier selling in soybean meal and, to a lesser extent, soybeans.
Brazil's Agriculture Minister Carlos Favaro said on Sunday that the Chinese government would decide on a new date for Brazilian President Luiz Inacio Lula da Silva's visit to the country, adding that the signing of agreements between Beijing and Brasilia has been postponed.
Israel's transport minister on Sunday approved an aviation deal with Nigeria that will allow non-stop flights between the countries to begin next month for the first time, the ministry said.
A top union boss in Germany justified a massive strike planned for Monday as a "matter of survival" for many thousands of people fighting for higher wages as inflation soars, according to an interview published in the Bild am Sonntag newspaper.
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