Commodities

Canadian Farmers Fear Reduced Competition With Bunge's Viterra Takeover

Farmers warn Canada's approval of Bunge's takeover Viterra will reduce their options to sell crops at competitive prices.

Soybeans, Corn Rise In Choppy Trading On South American Weather Concerns

Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in S...

What Are Cocoa Futures, And How Do They Work?

Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity headin...

Arabica Coffee Prices Hit Record High Amid Concerns Over Brazil Output

Arabica coffee prices hit record highs as dealers fretted over Brazil's crop outlook after Volcafe, one of the world's largest coffee traders.

World Food Prices Reach 19-Month High In November, UN Says

The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months.

EU Delays Deforestation Ban But Discards Changes

Negotiators for EU institutions agreed a compromise on a ban on the import of commodities linked to deforestation, which will be delayed by a year but with...

Cargill Planning To Cut Around 8,000 Jobs

Global trading house Cargill said that it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as...

Bunge Profit Tops Estimates On Grain, Oilseed Volumes; 2024 Outlook Intact

Bunge exceeded Wall Street expectations for third-quarter profit as large global harvests provided the grain trader and processor enough volumes of soy, co...