Corn Bulls Hold Gains on Wednesday
Corn Bulls Hold Gains on Wednesday
The corn market was 3 to 4 cents across most contracts on Wednesday. The CmdtyView national average Cash Corn price was up 3 ¾ cents at $3.74. EIA data will be pushed…
Cotton Bulls Pushing Higher on Wednesday
Cotton Bulls Pushing Higher on Wednesday
Cotton futures are showing a rally on Wednesday, up 53 to 64 points a midday. The US dollar index is back down $0.315 on Tuesday to $98.495, with crude oil $0.19/barrel…
Expectations of Abundant Global Supplies Weighs on Sugar Prices
Expectations of Abundant Global Supplies Weighs on Sugar Prices
March NY world sugar #11 (SBH26) today is down -0.23 (-1.45%), and December London ICE white sugar #5 (SWZ25) is down -11.20 (-2.48%).Sugar prices are under pressure today but remain…
Dollar Declines and Gold Soars on Expectations of Fed Rate Cuts
Dollar Declines and Gold Soars on Expectations of Fed Rate Cuts
The dollar index (DXY00) on Wednesday fell by -0.28%. The dollar moved lower on Wednesday after dovish comments from Boston Fed President Susan Collins reinforced expectations that the Fed will…
Sugar Prices Fall on the Outlook for Abundant Supplies
Sugar Prices Fall on the Outlook for Abundant Supplies
March NY world sugar #11 (SBH26) on Wednesday closed down -0.19 (-1.20%), and December London ICE white sugar #5 (SWZ25) closed down -10.70 (-2.37%).Sugar prices settled lower on Wednesday but…
Cotton Bounce Higher on the Midweek Session
Cotton Bounce Higher on the Midweek Session
Cotton futures saw a turnaround on Wednesday, with contracts closing 20 to 25 point gains across the front months. The US dollar index was back down $0.400 on Tuesday to $98.410,…
Netherland’s renewables drive putting pressure on its power grid
Netherland’s renewables drive putting pressure on its power grid
John LaurensonBusiness reporter, RotterdamAFP via Getty ImagesThe Netherlands has raced to switch to wind and solar powerIn a Dutch government TV campaign called "Flip the Switch" an actress warns viewers…
Reeves urged to make Budget ‘bold’ or risk future tax rises
Reeves urged to make Budget ‘bold’ or risk future tax rises
Michael Sheils McNameeBusiness reporterThe chancellor should be "bold" in next month's Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal…
Trump says Modi has agreed to stop buying Russian oil
Trump says Modi has agreed to stop buying Russian oil
Danielle KayeBusiness reporterWatch: Trump says Modi "assured" him India would no longer buy Russian oilPresident Donald Trump has said Indian Prime Minister Narendra Modi has agreed to stop buying Russian…
Baroness Mone-linked PPE firm misses deadline to pay £122m
Baroness Mone-linked PPE firm misses deadline to pay £122m
Pritti MistryBusiness reporterA company linked to Baroness Michelle Mone has failed to meet a deadline to repay £122m for breaching a Covid-19 personal protective equipment (PPE) contract.The Department of Health…
Bessent blasts China as ‘unreliable’ as trade tensions mount
Bessent blasts China as ‘unreliable’ as trade tensions mount
Danielle KayeBusiness reporterWatch: "This is China versus the world", says Scott Bessent on tradeTop US officials have accused China of betraying a trade truce reached earlier this year, escalating tensions…
Energy standing charge plans could backfire, MPs told
Energy standing charge plans could backfire, MPs told
Kevin PeacheyCost of living correspondent andJoshua NevettPolitical reporterGetty ImagesEnergy bosses have given a cool reception to regulator Ofgem's plan to overhaul standing charges.Under Ofgem's plans announced in September, all suppliers…