Commodities update

Corn futures pressured under trade tensions

Corn futures eased by 0.1 percent to $3.87 a bushel from pressures of weakness in ethanol, following China's tax hike…

Gold prices decline further as U.S. stock futures rise

Gold prices moved lower on Tuesday, trimming some of the previous day’s gains as U.S. stock futures pointed to a…

Wheat rises 0.6% after suffering rain depression

After suffering depression from rain earlier in the week, wheat made a 0.6 percent rise at $4.68 a bushel, rising…

Pepper prices likely to drop globally on high Vietnam output

Vietnam harvesting is at its peak and has seen prices dropping to 50,000 Vietnamese Dong (VND) per kilogramme from 2,05,000…

Oilseeds prices rebound on Argentina, Malaysia dryness

Oilseeds rebounded Wednesday on a broadly upward direction, with sustained impressions that the Argentine rains, which came in the weekend…

Low wheat production costs Nigeria $4.2bn on imports annually

Low productivity in wheat farming is costing Nigeria about $4.2 billion annually on the import of the commodity, according Olowasina…

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