Chicago wheat futures fell on Tuesday as the U.S. dollar strengthened, but prices remained near Friday’s four-month high as cold weather threatened crops in the Black Sea and U.S. Plains regions. Corn and soy futures also slipped. The most-active wheat contract on the Chicago Board of Trade (CBOT)...
https://www.hellenicshippingnews.com/wheat-eases-from-4-month-highs-on-us-dollar-strength/
The US agriculture and food sector, especially soybeans, corn and proteins, could immutably lose its key markets to emerging economies, such as Brazil, amid the resumption of tariff diplomacy under the US President Donald Trump, market sources told S&P Global Commodity Insights. The White House...
The Brazilian soybean market could benefit from a US-Mexico tariff dispute affecting agricultural products, as Mexico — currently one of the top importers of US soybeans — may switch suppliers to South America, US farmers believe. “In any kind of a trade conflict with the US and any other country...
U.S. President Donald Trump hasn’t yet imposed import tariffs on but the market is already pricing in the likelihood that the red metal will be next on the list after aluminium and steel. The arbitrage between the CME and the London Metal Exchange (LME) contracts has blown wider in recent days,...
https://www.hellenicshippingnews.com/tariff-threat-opens-up-transatlantic-rift-in-copper-pricing/
Copper prices retreated from over three-month highs on Monday, with the market focusing on the copper spread on the London Metal Exchange swinging into a premium. The three-month copper contract on the London Metal Exchange (LME) slid 0.3% to $9,449 a ton by 0814 GMT. The copper on the Shanghai...
https://www.hellenicshippingnews.com/copper-retreats-from-3-month-highs-lme-copper-spread-in-focus/
Relative to demand, world corn stocks later this year are predicted to hit 11-year lows. But when considering corn supplies actually accessible to the global market, the milestone is closer to three decades. On-and-off grain importer China has an extraordinary amount of corn in storage, more than...
https://www.hellenicshippingnews.com/effective-global-corn-supplies-heading-for-29-year-lows/
Changes in commodity prices may impact production costs, the cost to consumers and affect consumer expectations of inflation. The information herein has been complied by CME Group for general informational and education purposes only and does not constitute trading advice or the solicitation of...
https://www.hellenicshippingnews.com/how-commodities-impact-inflation-indices/
China started construction on 94.5 gigawatts of coal-fired power in 2024, the highest volume of new builds since 2015, hampering the country’s transition away from fossil fuels, researchers said in a report published on Thursday. The world’s biggest coal consumer and emitter of climate-warming...
U.S. President Donald Trump says trade wars are easy to win. If so, his 25% tariffs on steel and aluminium imports ought to have big overseas producers like Rio Tinto RIO, RIO begging for mercy. Yet shareholders in the $107 billion miner and rivals like BHP BHP have already shrugged off concerns....
https://www.hellenicshippingnews.com/us-is-biggest-loser-from-trumps-metals-tariffs/
Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment from S&P Global Commodity Insights, rose week over week during the seven days to Feb. 13. Weekly LME scrap futures trading volumes in the week to Feb. 13 increased to 109,140 mt, up...