Chicago wheat futures headed for the longest rally since April as Black Sea supply risks and weather uncertainties support prices.
A combine harvester operates on a field during a durum wheat harvest on a farm near Zehner, Saskatchewan, Canada, on Thursday, Sept. 5, 2024. Canadian 2024-25 wheat production is seen rising to 33.8m tons from 32m tons last season, according to a Bloomberg survey of six analysts. Photographer: Heywood Yu/Bloomberg
Chicago wheat futures headed for the longest rally since April as Black Sea supply risks and weather uncertainties support prices.
A combine harvester operates on a field during a durum wheat harvest on a farm near Zehner, Saskatchewan, Canada, on Thursday, Sept. 5, 2024. Canadian 2024-25 wheat production is seen rising to 33.8m tons from 32m tons last season, according to a Bloomberg survey of six analysts. Photographer: Heywood Yu/Bloomberg
China levied initial duties on some dairy imports from the European Union following an anti-subsidy probe, the latest move in a tit-for-tat trade dispute with the bloc.
Prodcuts move along a conveyor at a dairy farming cooperative in Spain. Photographer: Angel Garcia/Bloomberg
China levied initial duties on some dairy imports from the European Union following an anti-subsidy probe, the latest move in a tit-for-tat trade dispute with the bloc.
Prodcuts move along a conveyor at a dairy farming cooperative in Spain. Photographer: Angel Garcia/Bloomberg
After last year’s historic rally, cocoa prices are heading for a record annual slump. But there’s no sign the cost of your candies, bars or chocolate Santas will follow any time soon.
Boxes of handmade chocolates ready for sale at a factory in Paris.
Raw sugar futures headed for a fourth day of losses, the longest streak in about two months, after major producer India said it may export more than planned this season.
Coffee futures retreated in New York and London on weakness in the Brazilian currency and expectations of ample supplies from key world supplier Vietnam.
Cocoa futures extended losses to the lowest since February 2024 in New York, as robust deliveries to ports for export from top grower Ivory Coast signaled a better supply outlook.