BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building, and will look to convert those into firm offtakes within 12-18 months, a senior executive told Reuters.
In trading on Monday, shares of Kinross Gold Corp. (Symbol: KGC) crossed above their 200 day moving average of $5.17, changing hands as high as $5.20 per share. Kinross Gold Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year perform
The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar cargo ship as underwriters had already factored in the casualty after it was first hit by a missile last month, industry sources said.
London cocoa futures on ICE rose sharply on Monday with the market heading back towards record highs set early last week, buoyed by ongoing concerns about a supply shortage.
A new satellite backed by Alphabet Inc's Google and the Environmental Defense Fund group will launch from California on Monday with a mission to pinpoint oil and gas industry methane emissions from space.
Macy's shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion.
Shares of Super Micro Computer jumped 14% on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing dominance of AI stocks in Wall Street's benchmark index.
Chicago corn and soybean futures hit fresh contract lows yet again last week, but speculators reacted differently in both markets, covering short positions in corn while adding them in beans.
BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building in Jansen, Saskatchewan, and will look to convert those into firm offtakes within 12-18 months, a senior executive told Reuters.
Brazil's soybean harvest for the 2023/24 cycle had reached 48% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday, up 8 percentage points from the previous week.
Shares of Super Micro Computer jumped 12% in premarket trading on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing dominance of AI stocks in Wall Street's benchmark index.
Poland plans to ask the
European Union to put sanctions on Russian and Belarusian
agricultural products, Prime Minister Donald Tusk said on Monday
during a visit to the Lithuanian capital Vilnius.
Rainfall was above average in most of Ivory Coast's cocoa-growing regions last week, raising hopes for the mid-crop's outlook after weeks of dry weather, farmers said on Monday.
Copper prices rose to one-week highs on Monday ahead of a key political meeting in China which could pave the way for growth stimulus, but gains were capped by persistent fears of stalling demand in the top consumer.
Malaysian palm oil futures dropped for a second straight session on Monday amid a stronger ringgit and market talk of India purchasing less palm oil in 2024.
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
Ukraine's grain exports so far in March have decreased to 270,000 metric tons from 641,000 tons in the same period a year earlier, agriculture ministry data showed on Monday.
Malaysia's palm oil stocks are expected to drop below 2 million metric tons for the first time in six months at the end of February, with output likely to drop for a fourth consecutive month, a Reuters survey showed on Monday.
Main crop cocoa arrivals at ports in top grower Ivory Coast had reached 1.917 million metric tons by March 3 since the start of the season on Oct. 1, down 29% from the same period last season, exporters estimated on Monday.
Strategie Grains cut its forecast for this year's rapeseed output in the European Union to 18.3 million metric tons, nearly 8% below last year's output as a sharp fall in area reduced projected production.