New York cocoa futures rose to a 46-year high on Monday as crop problems in West Africa tightened global supplies, while raw sugar prices slid to a 5-1/2 month low.
The S&P 500 and Dow advanced to a new annual high on Monday, although gains were modest ahead of major market catalysts this week that include inflation readings and the Federal Reserve's policy announcement, which will shape investor expectations on the path of interest rates.
Brazilian green coffee exports rose 18.2% in November compared to a year earlier, as shipments of the robusta variety soared in the period, exporters association Cecafe said on Monday.
The Biden administration expects the Treasury to release guidance by the end of this week on whether to make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies, multiple sources familiar with the administration's thinking told Reuters.
U.S. soybean futures rose on Monday as concerns re-emerged that drought conditions in Brazil are having a detrimental effect on crops in the top-producing nation and after the U.S. government announced another export sales.
Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country in order to reduce costs, calling kerosene prices in the South American nation "excessively high."
Airline group IAG said on Monday that it had sought antitrust approval from the European Union for its previously announced plans to buy out the whole of Spanish low-cost airline Air Europa.
In trading on Monday, shares of SSR Mining Inc (Symbol: SSRM) entered into oversold territory, changing hands as low as $10.83 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Zara pulled an advertising campaign featuring mannequins with missing limbs and statues wrapped in white from the front page of its website and app on Monday after it prompted calls by some pro-Palestine activists for a boycott of the fashion retailer.
Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Monday.
Export prices for Russian wheat rose further last week as the situation with shipments from ports remained difficult due to difficult weather conditions, analysts say.
Speculators axed a chunk of their plentiful short positions in Chicago-traded wheat last week with China on a U.S. buying spree, but their net short remains historically heavy.
Kenya Airways has told its customers to be prepared for potential disruptions to its flights schedule during the busy Christmas holiday season due to shortages of spare parts.
Cocoa arrivals at ports in top grower Ivory Coast had reached 612,000 tonnes by Dec. 10 since the start of the season on Oct. 1, exporters estimated on Monday, down 35.8% from the same period last season.
Prices of copper and most other base metals dropped on Monday, as a firmer dollar made the greenback-priced commodities more expensive to holders of other currencies, while traders and investors also eyed key U.S. inflation data.
Chicago wheat futures on Monday slipped further from last week's four-month high as speculators held onto bearish positions despite the strongest run of U.S. wheat sales to China in years.