Brazil's 2023/24 second-corn production projection was raised by nearly 5 million metric tons to 91.2 million tons from 86.3 million tons, agribusiness consultancy AgRural said on Monday, citing evidence of farmers planting an area larger than initially estimated.
The share of available aluminium stocks of Russian origin in warehouses approved by the London Metal Exchange (LME) remained steady at 90% in January, LME data showed on Monday.
Brazil's 2023/24 second-corn production projection was raised by nearly 5 million metric tons to 91.2 million tons from 86.3 million tons, agribusiness consultancy AgRural said on Monday, citing evidence of farmers planting an area larger than initially estimated.
Poland plans to start quality checks on all grain shipments from Ukraine, Deputy Agriculture Minister Michal Kolodziejczak said on Monday as Polish farmers continued nationwide protests against EU policies, including allowing cheap grain imports from Ukraine.
Qantas Airways on Monday said it will work to put together a contingency plan for Friday after the Australian Federation of Air Pilots (AFAP) advised of a fresh three-day strike action this week by Network Aviation pilots.
Copper prices held steady on Monday in low volumes due to the Chinese Lunar New Year holiday as the market waited for U.S. inflation data which could indicate when the Federal Reserve might cut interest rates.
Shares in Italian luxury shoemaker Tod's jumped on Monday and those of oil refiner Saras slumped after the two received buyout offers over the weekend, with both preparing to join peers that have left the Milan bourse.
Chicago soybeans and corn futures rose on Monday but remained near three-year lows as demand in top importer China fell and speculators bet on further price declines.
Copper prices dropped slightly on Monday on reduced demand from China, the top consumer, which was closed for the Lunar New Year holiday, dampening trade.
Copper prices were marginally higher on Monday, tracking a slightly weaker U.S. dollar, although trade volumes were expected to be dampened as markets in top metals consumer China were closed for the Lunar New Year holiday.
Speculator's net short positions in Chicago soybeans and crept closer to all-time records last week, though fund managers finally broke from their historic selloff in soybean meal.
Activist investor Engaged Capital has the backing of the founding family of VF Corp in its push for board seats and faster change at the struggling owner of the North Face, Vans and Timberland brands, one of the heirs told Reuters.
New Zealand's Fonterra hiked its 2023-24 season's forecast for farmgate milk price on Monday, citing strong global dairy prices and more demand in the Middle East and Southeast Asia.
Egypt's state grains buyer, the General Authority for Supply Commodities, said on Sunday it was seeking at least 50,000 metric tons of imported yellow corn in a tender for shipment Mar. 15-25 and/or Mar. 26 - Apr. 5.
The founding family of Italian luxury shoemaker Tod's is trying to take the company private for the second time in less than two years, this time with the help of L Catterton, a private equity firm backed by France's LVMH.
Spanish police on Saturday clashed with a group of farmers and truck drivers in Madrid as they tried to access a main road in a bid to block it, one of several protests sweeping the European Union against the bloc's environmental rules and what workers see as excessive taxes and red tape.
Reuters
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