Brazil meatpacker Minerva's Sao Paulo plant receives U.S. export authorization

CHICAGO, May 13 (Reuters) - Chicago Board of Trade soybean futures closed higher on Friday on hopes for increased U.S. export demand, analysts said. * CBOT July soybean futures finished up 32-3/4 cents at $16.46-1/2 a bushel. * CBOT July soyoil ended up 1.27 cents at 83.79 cents per lb, while CBOT July soymeal futures increased $13.30 to end at $409.30 per ton. * Hopes for increased U.S. soybean sales to China, the world's biggest importer of the oilseed, helped fuel gains, analysts said. The U.S. Department of Agriculture confirmed exporters sold 132,000 tonnes of U.S. old-crop soybeans to China. * China will sell 500,000 tonnes of imported soybeans from state reserves on May 20, the national grain trade center said. The country has been releasing soybeans from its reserves in weekly auctions in an effort to boost supplies in the domestic market and cool down prices. * Gains in crude oil and equities helped support CBOT soy, traders said. (Reporting by Tom Polansek in Chicago; Editing by David Gregorio)

May 16 (Reuters) - Chicago wheat climbed to a two-month high on Monday after India banned exports of the grain as a heat wave crimped its output, sending domestic prices to a record high and curbing global supply at a time when Black Sea shipments remain disrupted. But India would...

SAO PAULO, May 13 (Reuters) - Latin America's largest port, located in the southeastern Brazilian city of Santos, posted a record first-quarter net profit as the federal government prepares an auction to privatize it by the end of this year. The Santos port on Friday reported quarterly net income of...

MUMBAI, May 14 (Reuters) - India has prohibited wheat exports with immediate effect, the government said in a notification late on Friday, as the world's second-biggest wheat producer tries to calm local prices. Shipments of wheat are allowed for letters of credit that have already been issued, the government said.

New Delhi, May 14 (Reuters) - Indian government officials, speaking just hours after the country banned wheat exports, said there was no dramatic fall in wheat output this year but unregulated exports had led to a rise in local prices. "We don't want wheat trade to happen in an unregulated...

MEXICO CITY — Mexican President Andrés Manuel López Obrador on Monday urged U.S. Latinos not to vote in November’s midterm elections for politicians who have “mistreated” them, in response to a comment by former U.S. President Donald Trump. Trump boasted at a rally in...

PRESIDENT Xi Jinping is suffering from a deadly brain aneurysm, reports claim - as he faces a coup over China's devastating Covid lockdowns. The Chinese president, 68, reportedly wanted to be treated with traditional medicine rather than undergo major surgery after he was rushed to hospital. According to news agency...

WASHINGTON (Reuters) - The United States on Tuesday offered a reward of up to $10 million for information on six people it described as Russian military intelligence officers who had conducted cyber attacks affecting critical U.S. infrastructure. The six officers work in a cyber-focused unit of Russia's Main Intelligence Directorate...

Indonesia accounts for about half of the world's supply of palm oil — the world's most widely used vegetable oil.

The FBI also seized financial records and fine art in the October 2021 raids on properties linked to billionaire Oleg Deripaska, per Bloomberg.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. Shanghai’s 25 million residents have endured an extreme COVID lockdown for nearly a month—and now a new nightmarish topic is trending on Weibo, the country’s Twitter-like social media platform.

The former F-35 test pilot Billie Flynn told The Aviationist that moving to the "cosmic spaceship" that is the F-35 was too much to ask of MiG pilots.

Blackout and crisis preparedness expert Herbert Saurugg has recently warned against the complete power grid blackout that could plunge entire Europe into darkness. He predicts a widespread blackout could be lurking in the not too distant future and such an event can cause extremely chaotic conditions worldwide. However, those who are prepared for an emergency can definitely bridge the difficult days well.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. U.S. tariffs on Chinese imports survived a change in administration, but the trade-war-era levies may not survive record inflation. “We’re certainly looking at where we see costs being raised and,...

Russian Deputy Foreign Minister Igor Morgulov made the comments to Russian state-owned newswire RIA Novosti.

A member of a superyacht crew also told The Times of London that one owner had his bar stools made from whale foreskin.

CHICAGO, May 13 (Reuters) - U.S. wheat and corn futures weakened on Friday a day after rising on U.S. Department of Agriculture forecasts that indicated tightening global supplies. Traders took some profits ahead of the weekend and on expectations that U.S. farmers are advancing corn plantings thanks to improved Midwest...

BEIJING, May 13 (Reuters) - Grain traders and brokers in the world's number two corn producer are struggling to make forecasts for this year's closely watched Chinese corn crop, as COVID restrictions prevent travel to major growing areas for assessment. China's corn crop is one of the world's most closely...

CHICAGO, May 13 (Reuters) - K.C. hard red winter wheat futures extended gains on Friday, a day after the U.S. Department of Agriculture issued a lower-than-expected production estimate for the crop. * Benchmark Chicago Board of Trade July soft red winter wheat slipped 1-1/4 cents to close at $11.77-1/2 a bushel after reaching its highest price since March 8. * K.C. July hard red winter wheat finished up 12 cents at $12.82 a bushel and set a contract high. * MGEX July spring wheat was up 9-1/2 cents at $13.25-1/2 a bushel and set a new contract high. * Euronext wheat futures extended a rally to set fresh contract highs as lower-than-expected U.S. supply forecasts and concerns about drought in France kept attention on tightening global availability. * The USDA, in a report on Thursday, pegged 2022/23 world ending stocks at 267 million tons, which would be the lowest level in six years, the USDA said. * The USDA also projected U.S. hard red winter wheat output at 590 million bushels, below analysts' estimates for 685 million. * Analysts said hot, dry weather could continue to reduce the size of the hard red winter wheat harvest, while rains are delaying spring wheat plantings in the northern U.S. Plains. * The USDA is due to issue a weekly update on planting progress on Monday. (Reporting by Tom Polansek; editing by Barbara Lewis)

CHICAGO, May 13 (Reuters) - Following are U.S. trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Friday. NOTE: CBOT May futures contracts expire at 12:01 p.m. CDT. WHEAT - Down 6 to 7 cents per bushel * Wheat heads lower on profit-taking a day after the CBOT July contract rose nearly 6% on a smaller-than-expected estimate of U.S. winter wheat production from the U.S. Department of Agriculture. * MGEX spring wheat heads higher, with contract highs set across the board in early moves, on worries about planting delays in the northern Plains. * Crop conditions for French wheat and barley crops declined sharply last week as dry weather persisted in the EU's biggest grain-growing country, data from farm office FranceAgriMer showed. * CBOT July soft red winter wheat last traded down 6-3/4 cents at $11.72 a bushel. K.C. July hard red winter wheat was last down 2-1/2 cents at $12.67-1/2 a bushel while MGEX July spring wheat was last up 7-1/4 cents at $13.23-1/4. CORN - Steady to up 1 cent per bushel * Corn steady to higher, underpinned by Thursday's smaller-than-expected U.S. corn yield forecast from the USDA. CBOT December corn , representing the 2022 harvest, set a life-of-contract high in early moves. * Brazilian crop supply agency Conab late on Thursday corrected its estimate of the country's total corn crop to 114.588 million tonnes, a decline from its previous monthly estimate of 115.602 million. Earlier on Thursday the agency had raised its estimate from last month. * CBOT July corn was last up 3/4 cent at $7.92-1/4 per bushel. SOYBEANS - Up 5 to 10 cents per bushel * Soybeans head higher on optimism about export demand for U.S. supplies if China begins to ease some tough COVID restrictions this month. * The USDA confirmed private sales of 132,000 tonnes of U.S. old-crop soybeans to China. * China will sell 500,000 tonnes of imported soybeans from state reserves on May 20, the national grain trade center said. The country has been releasing soybeans from its reserves in weekly auctions in an effort to boost supplies in the domestic market and cool down prices. * CBOT July soybeans were last up 9-3/4 cents at $16.23-1/2 per bushel. (Reporting by Julie Ingwersen)