Slump in Crude Oil Weighs on Sugar Prices
March NY world sugar #11 (SBH26) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26) closed down -3.40 (-0.80%).Sugar prices retreated on Tuesday due to…
Corn Weighted Down on Tuesday
Corn futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. The CmdtyView national average Cash Corn price was down 3 1/4…
Cotton Falls Lower on Tuesday
Cotton futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel and the US dollar index slightly lower.August cotton…
Dollar Weakens on Disappointing US Economic News
The dollar index (DXY00) on Tuesday fell to a 2.25-month low and finished down -0.21%. The dollar was under pressure from Tuesday's Fed-friendly US economic reports on Nov payrolls, Oct…
Cocoa Prices Jump on Signs of a Smaller Global Cocoa Surplus
March ICE NY cocoa (CCH26) on Tuesday closed up +122 (+2.08%), and March ICE London cocoa #7 (CAH26) closed up +128 (+3.02%).Cocoa prices rallied sharply on Tuesday amid signs of…
Coffee Prices Sharply Lower on the Outlook for Ample Supplies
March arabica coffee (KCH26) on Tuesday closed down -8.20 (-2.28%), and January ICE robusta coffee (RMF26) closed down -107 (-2.65%).Coffee prices extended their two-week-long slide on Tuesday, with arabica falling…
Soybeans Fall on Tuesday
Soybeans slipped lower at midday, with contracts closing 5 to 6 cents in the red on Tuesday. The cmdtyView national average Cash Bean price was down 4 3/4 cents at $9.56 1/4. Soymeal…
Stocks Settle Mixed on Soft US Economic News
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down by -0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.62%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.26%. …
Learner drivers face 24-week wait as backlog continues for two more years
Pritti MistryBusiness reporterGetty ImagesThe backlog of driving tests grew after the covid-19 lockdownLearner drivers face months of delays booking practical tests because a backlog will not be cleared until November…
New £150m funding package to protect jobs at Grangemouth
David HendersonScotland news correspondentPA MediaThe UK government and Ineos are to invest a combined £150m in the plantThe UK government is to invest £120m in a support package for the…
Weight-loss injection ad banned for targeting new mums
Faarea MasudBusiness reporterMedExpressMedExpress's social media advert was banned for targeting new mumsAn advert which targeted weight-loss injections at new mums has been banned by the Advertising Standards Authority (ASA).MedExpress's social…