Raw sugar futures on ICE exchange rose on Monday, recovering
after earlier hitting 3-1/2-month lows under pressure from
surging supplies in Brazil, while arabica coffee fell by nearly
3%.
Eight people were taken to a hospital for treatment on Monday after a toxic gas leak at Altivia Chemicals' plant in La Porte, Texas, local officials said.
China booked its largest purchase of U.S. wheat since at least 2020, buying 440,000 metric tons of the grain, the U.S. Department of Agriculture confirmed on Monday.
Chicago wheat rose more than 3% on Monday, trading at its highest point in several months after the U.S. Department of Agriculture confirmed the largest one-off private sale to China this year.
U.S. and Japanese dive teams found the remains of five more crew members from a V-22 Osprey aircraft that crashed off western Japan last week, the Pentagon said on Monday.
Roughly one-third of U.S. government spending to insure the nation's crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year, according to a government watchdog's report released on Monday.
War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday and fears grow over worsening perils for commercial shipping, maritime and insurance sources said on Monday.
Raw sugar futures rose on Monday after earlier hitting 3-1/2 month lows under pressure from surging supplies in top producer Brazil, while arabica coffee fell by nearly 5%.
Shares of Hawaiian Holdings, the parent of Hawaiian Airlines, nearly tripled on Monday after Alaska Air Group agreed to acquire it for $1.9 billion, including debt.
Above average rains interspersed with sun last week in most of Ivory Coast's main cocoa growing regions will help the October-to-March main crop finish strong, farmers said on Monday.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has raised its forecasts for the country's 2023/24 wheat, barley and canola crops, though output would be well below last season's bumper levels, it said in a report.
Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a government report showed on Monday.
Ukraine's grain exports have fallen to around 13.4 million metric tons so far in the 2023/24 July-June marketing season, agriculture ministry data showed on Monday.
Wall Street was set to open lower on Monday, as investors turned wary ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.
Copper prices retreated on Monday as the dollar strengthened, with further pressure coming from an increase in stocks in London Metal Exchange (LME) warehouses and resurfacing doubts over Chinese demand prospects.
Bangladesh's state grains buyer has issued another international tender to purchase 50,000 metric tons of milling wheat, European traders said on Monday.
Reuters
Checked
29 minutes 20 seconds ago
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