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Agricultural commodities fell at the Chicago Exchange for the first time in five sessions but losses were contained due to concerns about Russian supplies, with the the global grains trading company Cargill saying it won't deal with Russian grains at its own export station. Cargill said on Wednesday it'll take...
Agricultural commodities were mostly mixed on Monday as markets assess developments in China. Wheat futures hit three-month lows amid a stream of cheap supplies from Russia and other countries through the Black Sea. Both Ukrainian and Russian authorities announced that Egypt, the world's largest wheat importer, bought large amounts of...
Wheat prices fell on Wednesday, as the US dollar held steadily against most major currencies, despite the workers' strike in Argentina and the Russian ban on exports. The Russian government announced a ban on exports of some agricultural goods and grains, including wheat, between January and June of this year,...
Wheat prices fell on Wednesday, as the US dollar against most currencies, amid focus on the weather conditions in South America, especially Brazil and Argentina. Agricultural commodities drew support this week from optimism about the global economy and demand, after Pfizer and the German biotech firm BioNTech announced that their...
Wheat prices rose on Monday, to hit the highest level in almost 6 years, amid concerns about dry weather conditions in a number of countries around the world. On the other hand, several parts of Russia saw heavy rain during the last weekend, which supports the quality and abundance of...
Wheat prices rose Wednesday, as the US dollar fell against most of its counterparts, amid concerns about the coronavirus second wave, which may lead some countries to boost their purchases of wheat in order to secure their needs. Coronavirus infections rose to more than 38 million cases globally, and around...
Wheat prices fell on Friday, despite the US dollar’s broad drop against most majors, as some agricultural commodities were weighed down by profit-taking in the Chicago Mercantile Exchange. Wheat had hit more than 1-year peak after unfavorable weather forecasts and some exporting countries harvesting their crops. Weather agencies forecast that...
Wheat prices rose on Monday, as the US dollar fell against most major currencies, in addition to strong Asian demand for Australian wheat. The US Department of Agriculture will release its weekly report on the quality of crops and harvest later this week. Weather agencies forecast that the Midwest states...
Wheat prices rose on Wednesday, as demand for agricultural commodities rebounded in the Chicago Merc following the US Department of Agriculture's report. The USDA revealed that US stocks of soy, corn and wheat have fell compared to a year ago. The Department added that US soybean stocks reached 523 million...
Wheat prices rose on Wednesday, on forests for dry weather conditions in some areas of the US, which curb supply during the harvest of agricultural crops, and lifts prices. Weather agencies forecast that the Midwest states should see some dry weather conditions, which will impact the quality and production of...
Wheat prices fell on Tuesday, as the US dollar rose against its peers, amid forecasts of higher Australian wheat production. The Australian government, which is one of the world's top wheat producers, has raised its forecast for wheat production by 8.4% during the 2020-2021 harvest season. Wheat prices were also...
Wheat prices fell on Friday, on profit-taking, while the US dollar fell against most currencies. Observers believe that investors at the Chicago Merc are trying to benefit from the recent price surge of agricultural goods such as wheat, after it hit a 4-month high. The dollar index fell against a...
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