Egypt's state grains buyer the General Authority for Supply Commodities (GASC) is seeking white, wholly milled short grain rice from any origin in an international tender, on behalf of Egypt's Holding Company for Food Industries, it said on Sunday.
France stepped up security measures on Sunday as farmers prepared to converge on Paris as part of nationwide protests from agricultural workers demanding better pay and living conditions.
Fitch Ratings on Friday
downgraded Brazilian airline Gol's long-term foreign
and local currency issuer default ratings to "D," from "CCC-,"
further pushing it into speculative territory after Gol filed
for Chapter 11 bankruptcy protection in the United States.
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1% as traders focused on improving prospects for South American harvests, analysts said.
Speculators sharply reduced their short position in futures of raw sugar on ICE U.S. in the week to Jan. 23, while raising their bullish bets in arabica coffee, the Commodity Futures Trading Commission (CFTC) said on Friday.
Arabica coffee futures on ICE rose sharply on Friday to reach a nearly 5% weekly gain, as the focus remained on whether there would be sufficient rain in Brazil's coffee belt to ease concerns about dryness.
Large speculators increased their net short position in Chicago Board of Trade corn futures in the week to Jan. 23, regulatory data released on Friday showed.
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1% as traders focused on improving prospects for South American harvests, analysts said.
Adam Davis, the former head of commodities trading at Merricks Capital, on Friday said he was launching an agricultural hedge fund with an initial target of raising $500 million for investments.
Chinese customs authorities have included Argentine companies in its list of those approved to export wheat to China for the first time, a statement by the Argentine government said on Friday, potentially opening up sales to the huge Asian market.
In trading on Friday, shares of Kaiser Aluminum Corp. (Symbol: KALU) crossed above their 200 day moving average of $68.03, changing hands as high as $68.42 per share. Kaiser Aluminum Corp. shares are currently trading up about 1.9% on the day. The chart below shows the one ye
Euronext wheat futures fell on Friday to near contract lows, pressured by a sharp drop in Chicago and worries about stiff export competition amid ample global supplies.
MSCI's global stock index was edging higher while Wall Street indexes slipped on Friday and the dollar fell after the U.S. Federal Reserve's favored inflation reading showed moderating prices in line with expectations for December.
French farmers blocked a main road linking France and Spain with a demonstration at the border on Friday as part of nationwide protests over low food prices and excessive bureaucracy.