|Day's Range||142.18 - 148.07|
By Trevor Hunnicutt NEW YORK (Reuters) - Investor concerns over U.S. trade policy overshadowed worries about political instability in Italy, driving equity prices lower on Thursday. Equity indexes around the world fell after the United States said it would impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union and Washington's allies took steps to retaliate against U.S. goods.
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Production of Canada's biggest crop, canola, has expanded rapidly in recent years amid strong demand for the vegetable oil it produces. Seed developer DowDuPont Inc hopes to change that as early as next year. DowDuPont is in late development stages of a canola variety with higher protein content rivaling that of soybeans, which dominate the pig feed market.
By P.J. Huffstutter, Tom Polansek and Chris Prentice CHICAGO/NEW YORK (Reuters) - Global grain merchants Archer Daniels Midland Co and Bunge Ltd can withstand agricultural trade disruptions arising from U.S.-China tensions and potentially profit from them, company executives said on Wednesday. Soren Schroder, chief executive of Bunge, and Ray Young, ADM's chief financial officer, also said at an investor conference in New York that their companies were benefiting from a savage drought in Argentina that has increased soy processing margins and trading prospects.
By Karl Plume and P.J. Huffstutter CHICAGO (Reuters) - Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed. Sorghum is a niche animal feed and a tiny slice of the billions of dollars in exports at stake in the trade dispute between the world's two largest economies, which threatens to disrupt the flow of everything from steel to electronics. The supply-chain pain felt by sorghum suppliers on the Pacific, Atlantic and Indian oceans underscores how quickly the mounting trade tensions between the U.S. and China can impact the global agricultural sector, which has been reeling from low commodity prices amid a global grains glut.
Bitcoin struggling early, but the losses are not enough to raise alarm bells, the Bitcoin Bulls buying their time to gauge whether the U.S tax deadline will spur a rally later today.
Investing.com - Gold prices gained in Asia on Wednesday as a Twitter taunt by President Donald Trump to North Korean leader Kim Jong-un raised the stakes on nuclear weapons policy.
The fourth quarter of every year is usually the strongest for ethanol producers. But there's another major catalyst (and several smaller ones) this year.