On Tuesday, milk futures and cash dairy markets on the Chicago Mercantile Exchange (CME) witnessed a downward trend. November Class III milk was reported at $17.06, December at $16.87, January at $17.04, and February at $17.56. Contracts from March through September showed mixed results, with some stable and others down…

By Karl Plume CHICAGO (Reuters) – China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for the most valuable U.S. farm export after overseas sales of the 2023 harvest had fallen well behind the normal pace. Chinese…

By Shariq Khan BENGALURU (Reuters) -Oil prices fell more than 4% on Tuesday to their lowest since late July, as mixed Chinese economic data and rising OPEC exports eased fears about tight markets and as the dollar strengthened. futures closed below $84 a barrel for the first time since Hamas…

Investing.com– Gold prices moved little in Asian trade on Wednesday, but were nursing steep losses over the past two sessions as hawkish comments from Federal Reserve officials saw traders reconsider expectations for more interest rate hikes.  This put an upcoming speech by Fed Chair Jerome Powell squarely in focus, after…

In a surprising turn of events, DCE iron ore futures experienced a 1.03% increase, closing at 935 yuan/mt on Wednesday. The rise came as a result of the resurgence of bullish confidence in the market following false real estate news. This surge in prices is expected to be temporary due…

Gold prices have been on a downward trend, with the pair dropping to $1,956.65 per troy ounce on Tuesday, following concerns about the potential continuation of monetary tightening by the Federal Reserve. Despite this, Wall Street managed to hold onto intraday gains as US Treasury yields remained subdued after Monday’s…

Russian energy giant Gazprom (MCX:) is developing a comprehensive gas distribution strategy for Kazakhstan and Uzbekistan, according to Alexander Sternik from the Russian Foreign Ministry. The plan, which was still in progress as of Wednesday, involves modernizing the Central Asia – Center pipeline with advanced Russian technologies. This move aims…

On Wednesday, both the S&P/TSX composite index and major New York indices, including the Dow Jones average, , and , experienced a downturn due to weakening energy and base metal stocks, a consequence of falling commodity prices. The Canadian dollar also declined in value compared to its rate on the…

Today, Hungarian Foreign Minister Péter Szijjártó urged the European Union (EU) to adopt a realistic approach to the ongoing energy crisis at the 6th Romanian International Gas Conference. He emphasized that energy supply is a physical reality, not a political or ideological issue, and called for an end to the…

Investing.com — Saudi Arabia and other oil producers can talk all they want about the so-called “demand” for oil. But the market isn’t buying it, sending global crude benchmark below $80 a barrel — the first time since July. Crude prices settled at four-month lows after tumbling hard for a…