--Wheat for March delivery rose 2.8% to $5.87 3/4 a bushel on the Chicago Board of Trade on Thursday, with grain traders seen as rebalancing their portfolios to add more long wheat positions.
Most global importers last year took advantage of plentiful and cheaper U.S. bulk agricultural commodities, including soybeans and corn, the top-ticket items. But China somewhat sat out on that rush.
Most global importers last year took advantage of plentiful and cheaper U.S. bulk agricultural commodities, including soybeans and corn, the top-ticket items. But China somewhat sat out on that rush.
US commodities trader Archer Daniels Midland is slashing up to 700 jobs globally as part of a cost-cutting drive amid the growing threat of a worldwide trade war.
Arabica prices accelerated in late 2024, when adverse Brazilian weather prior to October hit harvest expectations. Coffee futures began hitting records on Jan. 27, over a now resolved trade dispute ...
When US President Donald Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods, the shockwaves were felt far beyond these three economies. European nations and ...