Chicago corn and soybean futures edged higher on Friday, with bargain-buying lifting prices after both markets dropped to their lowest levels in three years, although plentiful supplies are likely to limit gains.
Thailand's customs-cleared exports rose for the sixth consecutive month in January and were up 10% annually or more than expected, the commerce ministry said on Friday.
Canadian budget airline Lynx Air has filed for court protection from creditors and will cease operations on Feb. 26, it said on Thursday, as it struggles with rising operating costs, high fuel prices and increasing airport charges.
Malaysian palm oil futures extended losses to the second session on Friday, dragged down by losses in rival oils on the Dalian Commodity Exchange, although the contract was on track to post a weekly gain.
Shanghai nickel extended its rally on Friday to hit a three-month high, buoyed by supply fears amid news of potential U.S. sanctions on Russian metals, while a weaker dollar also lent support to the market.
Chicago corn and soybean futures edged higher on Friday, with bargain-buying lifting prices after both markets dropped to their lowest levels in three years, although plentiful grain supply is likely to cap gains.
Growing demand for megacap stocks that tap global secular growth trends has catapulted European shares to fresh highs, although some say their star may wane as investors seek value elsewhere.
Just a few years ago, corn at or above $4 per bushel was often viewed favorably by U.S. farmers from a profit perspective. But $4 today is not the same as it was back then since production costs remain elevated after spiking a couple of years ago.
U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.
LATAM Airlines on Thursday posted a 95% year-on-year fall in net profit in the fourth quarter to $84 million, as its operations stabilized after exiting bankruptcy in late 2022.
Prices for chocolate-making raw material cocoa rose to fresh peaks on Thursday, accumulating gains above 10% this week alone, amid reports of negative production outlook for the world's second largest grower.
Four of the six current members of Lufthansa's board, including Chief Financial Officer Remco Steenbergen, will step down by the end of June, the company said on Thursday.
American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers that pursued sustainable investment strategies, a federal judge in Fort Worth, Texas ruled.
Argentina corn and soybean crops are continuing to improve thanks to recent rains, the Buenos Aires grains exchange said on Thursday, with more rainfall expected in coming days after the wet weather helped curb damages from a late January heat wave.
U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and worries about demand, analysts said.
The Biden administration said on Thursday it approved a request from Midwestern governors allowing expanded sales of gasoline with higher blends of ethanol in their states, starting in 2025.
In trading on Thursday, shares of B2Gold Corp (Symbol: BTG) entered into oversold territory, changing hands as low as $2.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
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