Brazil's record soybean crop this season will allow the nation to boost exports to China while also increasing domestic soybean processing, Andre Nassar, the chief of Brazil's oilseed lobby Abiove, told Reuters.
Russia has proposed that a U.N.-backed initiative that has enabled grains to be exported from Ukraine's Black Sea ports should be renewed for just 60 days.
Chicago wheat and corn futures gained on Wednesday on strong demand and uncertainty over a Black Sea grain export deal as a deadline loomed, while soybeans edged lower.
In trading on Wednesday, shares of Companhia Siderurgica Nacional (Symbol: SID) entered into oversold territory, changing hands as low as $2.80 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to me
In trading on Wednesday, shares of Freeport-McMoran Copper & Gold (Symbol: FCX) entered into oversold territory, changing hands as low as $35.405 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Wednesday, shares of GrafTech International Ltd (Symbol: EAF) entered into oversold territory, changing hands as low as $4.59 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
Transportation Secretary Pete Buttigieg said Wednesday the United States cannot wait for the next "catastrophic event" to address an uptick in aviation close calls that sparked alarm.
Arabica coffee futures on ICE slumped to a six-week low on Wednesday, dragged down by a broad-based decline in commodity markets linked to concern over the banking sector as well as a stronger dollar.
In trading on Wednesday, shares of Commercial Metals Co. (Symbol: CMC) crossed below their 200 day moving average of $44.41, changing hands as low as $43.88 per share. Commercial Metals Co. shares are currently trading down about 5.3% on the day. The chart below shows the one
Brazil is poised to increase domestic soybean processing in 2023 after a drought destroyed part of Argentina's soybean crop, reducing that country's ability to make soymeal and soyoil at a time of high demand, the chief of Brazil's oilseed lobby Abiove said in an interview.
A surge in African swine fever infections in China is set to reduce hog output later this year, farm managers and analysts said this week, pushing up prices in the world's top pork consumer as demand recovers.
Brazilian beef-packers are losing between $20 million and $25 million per working day after a self-imposed trade ban halted sales to China, agribusiness consultancy Datagro Pecuaria said.
The Biden administration on Wednesday launched an effort to identify significant wireless spectrum that can be repurposed for advanced technology needs and soaring U.S. wireless demand.
Untimely rains and hailstorms could damage India's key winter-sown crops such as wheat, rapeseed and chickpeas just before harvesting begins for plants that have already suffered some heat stress, industry and weather department officials said.
S&P Global Commodity Insights has cut its 2022/23 forecast for sugar output in the European Union plus United Kingdom by 570,000 tonnes to 16.8 million, citing the impact of a recent pesticide ban.
Ivory Coast produced a record high of about 48 tonnes of gold in 2022, up 14% from the previous year, a document from the Ministry of Mines, Petrol and Energy showed.
Chicago wheat futures hit a one-week high on Wednesday before paring some gains, while corn rose for a second straight session as strong demand and uncertainty over a Black Sea grain export deal underpinned the market.
Indian Oil Corp, the country's top refiner, said on Wednesday it aims to raise its renewable energy portfolio to 200 gigawatts (GW) by 2050 from the current 239 megawatts, to help it achieve its 2046 net-zero goal.
Arabica coffee futures on ICE slumped to a six-week low on Wednesday, dragged down by a broad-based decline in commodity markets linked to concern over the banking sector as well as a stronger dollar.