Chicago Mercantile Exchange live cattle futures closed at their highest in nearly three months on Friday, buoyed by this week's firm cash cattle trade and government data confirming the smallest U.S. herd since 1951, traders said.
Chicago Board of Trade soybean futures fell to a two-year low on Friday and corn also declined as the dollar soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts.
Projects to capture methane from farm livestock manure for energy production should not be eligible for farm conservation dollars included in U.S. President Joe Biden's signature climate law because they are harmful to the environment, members of Congress told the administration in a letter sent on Thursday.
U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon.
U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon.
Large speculators increased their net short position in Chicago Board of Trade corn futures in the week to Jan. 30, regulatory data released on Friday showed.
Wall Street advanced on Friday as strong earnings outlooks and a blowout January employment report boosted confidence in the U.S. economy, even though the Federal Reserve would be less likely to cut interest rates any time soon.
Boeing is reeling from a week of turmoil that has snagged production and development timelines and tested confidence in CEO Dave Calhoun almost a month after the mid-air blowout of a dummy door on a 737 MAX 9, industry insiders said.
Chicago Board of Trade soybean futures fell about 1% on Friday and corn also declined as the dollar soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts.
London cocoa futures on ICE hit a record high on Friday, fetching a weekly gain of 8%, as adverse crop weather in top grower Ivory Coast is set to widen an expected global deficit in the current 2023/24 season.
From the industrial manufacturing sector, a surge in demand for certain chemicals and metals has emerged – shaping trends that extend far beyond the usual boundaries of the sector.
Belgian farmers are ending their blockade of the Zeebrugge container port and their tractors are gradually leaving the harbour area, a Belgian port authority spokesman said on Friday.
A dry heat wave in Argentina has prompted warnings over growing conditions for grains and the need for rain if soy and corn crops are going to stay on track for bumper harvests.
A group of U.S. lawmakers want the Federal Aviation Administration to answer key questions about its oversight of Boeing in the wake of a 737 MAX 9 mid-air emergency, including whether it found serious quality issues at the planemaker.
London cocoa futures on ICE hit a record high on Friday, with adverse crop weather in top grower Ivory Coast set to widen an expected global deficit in the current 2023/24 season.
Farmers blocked the Dutch-Belgian border on Friday and occupied roads in Greece while their Polish peers announced plans to shut border crossings with Ukraine as protests for fairer prices and less red tape spread across Europe.