Section
The latest commodities coverage from the TrustFinance editorial desk.
Soybean futures on the Chicago Board of Trade closed higher on Monday as the market positioned itself for a potentially bullish supply and demand report from the U.S. Department of Agriculture. Analysts anticipate the agency will lower its forecasts for U.S. soybean ending stocks.
Silver prices jumped over 3% after a surprise contraction in U.S. nonfarm payrolls led traders to significantly reduce bets on a near-term Federal Reserve interest rate hike.
The U.S. Department of Agriculture has moved up the opening of a critical Texas facility for breeding sterile flies to Spring 2027, responding to a screwworm outbreak that threatens the state's livestock industry.
Nigerian crude producers supplied 53.7 million barrels to local refineries from April to June 2026, nearly fulfilling the 55.1 million barrels mandated under the domestic supply obligation, according to the NUPRC.
JBS, the world's largest meatpacker, has named Wesley Batista Filho as its new chief executive officer, replacing Gilberto Tomazoni. The move places a member of the founding family back in the top executive role of the Brazil-based giant.
Gasoline refining margins in Northwest Europe surged by nearly $3.50 to $35.52 a barrel, fueled by rising crude prices, a delayed Saudi refinery restart, and geopolitical tensions.
The U.S. Food and Drug Administration has issued a proposed rule that would require food manufacturers to notify the agency of ingredients they self-affirm as 'Generally Recognized as Safe' (GRAS). The move is intended to increase transparency and close a regulatory loophole that has existed since 1958.
The main sea freight index for dry bulk commodities edged lower on Monday, as a decline in rates for larger capesize vessels overshadowed a more than two-month high in the panamax segment.
Kazakhstan's daily crude production surged to 2.08 million barrels per day over the weekend, a 40% increase driven by the restoration of output at the giant Tengiz oilfield following earlier export disruptions.
