Commodities - Australia

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia's chief commodity forecaster said in December it expected wheat production during the 2019/2020 season to total 15.85 million tonnes. The country exported more...

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia says 2019/20 wheat harvest drops to lowest in 12 years

Australia's chief commodity forecaster said in December it expected wheat production during the 2019/2020 season to total 15.85 million tonnes. Australia is among the...

Soybeans rebound from 3-week low, fresh round of China tariffs cap gains

Soybeans rebound from 3-week low, fresh round of China tariffs cap gains

SYDNEY: U.S. soybean futures rebounded on Monday after hitting a nearly three-week low earlier in the session, though gains were limited as Beijing and Washington...

Australia’s Mackay Sugar accepts Nordzucker takeover

Australia’s Mackay Sugar accepts Nordzucker takeover

HAMBURG: Farmers who own shares in Australia's Mackay Sugar have voted to accept a takeover offer from Germany's Nordzucker, helping secure the company's future against...

Australia shares set to tick up; New Zealand higher

Australia shares set to tick up; New Zealand higher

Australian shares are expected to edge higher on Tuesday, tracking gains overnight on Wall Street amid hopes of a US interest rate cut along with...

Corn prices firm as U.S. rains stoke fears of yield losses

Corn prices firm as U.S. rains stoke fears of yield losses

SYDNEY: U.S. corn futures edged up on Friday, moving towards a five-year high amid fears that rains across key U.S. producing regions could curb crop...

Myths and reality: Adani’s Australian coal mine torches rationality: Russell

Myths and reality: Adani’s Australian coal mine torches rationality: Russell

LAUNCESTON: Adani Enterprises' Carmichael coal mine in Australia is assuming mythical status way out of proportion to its actual significance, even before meaningful construction starts...

Corn hits near 4-year high, set to finish week up 7pc

Corn hits near 4-year high, set to finish week up 7pc

SYDNEY: US corn futures on Friday hit a near four-year high as concerns that North American farmers will be unable to complete planting pushed the...

Australian state approves $700mn coking coal mine

Australian state approves $700mn coking coal mine

MELBOURNE: Australia's Queensland state government on Tuesday said it had approved a new A$1 billion ($694.70mn) coking coal mine, with construction to start next year. The...

Australia’s GrainCorp posts first-half loss as drought weighs

Australia’s GrainCorp posts first-half loss as drought weighs

Australia's GrainCorp Ltd on Thursday reported a loss for the first half of the year and scrapped its dividend for the period, as a severe...

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