Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is looking to buy a total of 104,677 metric tons of food-quality wheat from the United States, Canada and Australia in a regular tender that will close on Thursday.
Kalyan Jewellers India reported a 27.1% rise in its second-quarter profit on Tuesday, helped by rising domestic demand for its ready-to-wear jewellery line and increased traffic at stores ahead of the festive season.
Emirates Airline President Tim Clark said on Tuesday he was growing more confident in the development and certification schedule of the Boeing 777-9 and that he expected the 777X to receive Type Inspection Authorization (TIA) from the U.S. Federal Aviation Administration around February 2024.
Malaysian palm oil futures rose more than 2% on Tuesday as trading resumed after a long holiday weekend, with gains in rival Dalian and Chicago soyoil prices and a weaker ringgit supporting the market.
Emirates Airline President Tim Clark on Tuesday ruled out an immediate deal to buy Airbus A350 jets barring a breakthrough on engine talks with Rolls-Royce.
Chicago soybean futures dipped on Tuesday after large U.S. bean sales to China and fears that hot and dry conditions in top producer Brazil may be damaging crops pushed prices to their highest since August in the previous session.
Thailand's cabinet has approved a 10% or 2 baht ($0.05) increase in domestic sugar prices, Commerce Minister Phumtham Wechayachai told reporters on Tuesday.
Copper prices fell slightly on Tuesday on a firmer U.S. dollar, with the market focussed on key inflation data out of the United States that could offer clarity on whether the Federal Reserve is likely to raise interest rates further to tame inflation.
Indonesia's trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected to weaken, a Reuters poll showed on Tuesday.
Copper prices fell slightly on Tuesday on a firmer U.S. dollar, with the market focussed on key inflation data out of the United States that could offer clarity on whether the Federal Reserve is likely to raise interest rates further to tame inflation.
Chicago soybean futures dipped on Tuesday after large U.S. bean sales to China and fears that a heat wave in top producer Brazil may be damaging crops pushed prices to their highest since August in the previous session.
Unusually hot and dry weather has gripped top soybean exporter Brazil as it plants what is supposed to be a record crop, causing concern for both soybean and corn supplies as soybean problems could bleed onto Brazil’s heavily exported second corn crop next year.
The U.S. Department of Agriculture (USDA) on Monday rated 47% of the U.S. winter wheat crop in good-to-excellent condition, down three percentage points from the previous week but still the highest for this time of year since 2019.
BRF SA, the Brazilian pork and poultry processor, widened its third-quarter loss from the year-ago period as it continued to deal with a chicken oversupply while also trying to rein in grain prices, it said on Monday.
U.S. cities, towns and water districts have challenged proposed class action settlements worth more than $11 billion with 3M, DuPont de Nemours and others, arguing the deals are too generous to the chemical companies accused of contaminating U.S. water with toxic "forever chemicals."
JBS SA, the world's biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year ago on Monday, sliding to around 573 million reais ($116.63 million).
Chicago soybean futures sharply rallied on Monday on Chinese demand and scorching heat in Brazil, where farmers are expected to face crop-stressing temperatures over the next several days.
Reuters
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