Brazil's sugarcane crop in the new season that starts in April was projected on Tuesday to be smaller than the record previous harvest as drier-than-normal weather in most of the Centre-South area hurt cane development, said broker and analyst hEDGEpoint Global Markets.
The new head of the Federal Aviation Administration is set to appear next month before Congress as the agency faces new questions on its oversight of planemaker Boeing following the emergency landing Friday of a 737 MAX 9.
Robusta coffee futures on ICE headed back toward their highest levels in at least 15 years on Tuesday on renewed worries over supplies being held back in top producer Vietnam, while cocoa recovered some of the prior session's sharp losses.
Parana state, which will likely be Brazil's third largest soybean producer in the 2023/2024 season, is facing the prospect of lower yields amid dry and hot weather in key areas, some of which are already being harvested.
European Union soybean imports so far in the 2023/24 season that started in July had reached 6.00 million metric tons by Jan. 7, compared with 5.96 million a year earlier, data published by the European Commission showed on Tuesday.
Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 15.84 million metric tons by Jan. 7, compared with 17.76 million a year earlier, data published by the European Commission showed on Tuesday.
Coamo, Brazil's largest farm cooperative, will receive large volumes of soy by end-January as local growers anticipate speeding up the harvesting cycle due to unusually hot weather, Airton Galinari, head of the business, said on a podcast on Tuesday.
Robusta coffee futures on ICE headed back towards their highest prices in at least 15 years on Tuesday on renewed worries over supplies being held back in top producer Vietnam, while cocoa recovered some of the prior session's sharp losses.
Air France will resume flights to Israel from Jan. 24, an airline spokesperson said on Tuesday, the latest foreign carrier to end its suspension during Israel's war with Palestinian group Hamas.
Chicago soybean and corn futures steadied on Tuesday after a slide in oil prices and beneficial rain in major producer Brazil dragged them down to multi-year lows in the previous session.
At an "Invest Maldives" forum in a southern Chinese port city, Maldivian President Mohamed Muizzu shook hands and exchanged words with smiling local officials on a China visit set to deepen bilateral ties as the archipelagic nation pirouettes away from India.
Ryanair expects to be five to ten aircraft short for its peak 2024 summer season due to Boeing delivery delays, likely forcing it to revise down its traffic growth, Chief Executive Michael O'Leary told the Financial Times on Tuesday.
Copper prices moved sideways on Tuesday amid a lack of market-moving catalysts and as traders awaited money supply data from top consumer China and U.S. inflation numbers this week.
Large parts of southern and eastern Australia saw above average rainfall in December, causing flooding in some areas but helping many farmers, while western areas remained parched, the country's weather bureau said on Tuesday.
Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn, European traders said on Tuesday.
Malaysian palm oil company Johor Plantations Group has filed a draft prospectus for a domestic initial public offering (IPO), which capital markets publication IFR said would be worth up to $180 million.
The U.S. National Transportation Safety Board (NTSB) said late on Monday it could not yet tell whether a recovered cabin panel that blew off an Alaska Airlines Boeing 737 MAX 9 plane in mid-air last week had been properly attached.
Reuters
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