Latest Soft commodity markets News

US trade, immigration and biofuel policies hit farmers hard

Jul. 15, 2018 12:07 PM EDT

DES MOINES, Iowa (AP) — Even before the specter of a trade war with China and other countries threatened to cost them billions of dollars, American farmers were feeling the squeeze from fluctuating crop prices and other factors that have halved their overall income in recent years. The threat of...

Trump rattles NATO, knocking its value, assailing Germany

Jul. 11, 2018 11:09 PM EDT

BRUSSELS (AP) — Under fire for his warm embrace of Russia's Vladimir Putin, President Donald Trump jolted the NATO summit Wednesday by turning a spotlight on Germany's ties to Russia and openly questioning the value of the military alliance that has defined American foreign policy for decades. Trump...

US-China trade war elevates the risks to the global economy

Jul. 7, 2018 6:11 AM EDT

WASHINGTON (AP) — The trade war that erupted Friday between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy. The opening shots were fired just after midnight, when the Trump administration imposed a...

US stocks snap higher despite escalating US-China trade tiff

Jul. 6, 2018 5:05 PM EDT

The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead. After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses. Growing jitters in recent weeks over a stepped-up trading dispute between the world's two...

US-China trade battle kicks off; markets take it in stride

Jul. 6, 2018 9:06 AM EDT

BEIJING (AP) — The United States and China launched what Beijing called the "biggest trade war in economic history" Friday, imposing tariffs on billions of dollars of each other's goods amid a spiraling dispute over technology. The Trump administration is confronting China over development tactics it says...

Lawsuit alleges Hormel, other companies inflated pork prices

Jun. 28, 2018 9:04 PM EDT

MINNEAPOLIS (AP) — A federal lawsuit filed Thursday in Minnesota alleges Hormel Foods Corp. and other companies colluded to inflate consumer pork prices on such popular products as Ball Park Franks, Spam and Nathan's Famous. Defendants in the proposed class-action lawsuit included Hormel , based in Austin,...

Global markets subdued as trade concerns linger

Jun. 27, 2018 7:31 AM EDT

SEOUL, South Korea (AP) — Global markets were subdued on Wednesday as jitters over trade conflicts between the world's largest economies lingered. Oil prices extended their gains as the U.S. pushed other countries to cut oil imports from Iran. KEEPING SCORE: Britain's FTSE 100 was up 0.3 percent at 7,559...

Steel pipe company CEOs push for waivers from Trump's tariff

Jun. 25, 2018 11:33 AM EDT

BAYTOWN, Texas (AP) — Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe. One's from Nucor, a mill in Arkansas. Another's from Steel Dynamics in Mississippi. But much harder to spot in the sprawling factory...

From boat makers to farmers, US-led tariff war inflicts pain

Jun. 23, 2018 11:02 AM EDT

WASHINGTON (AP) — A Florida boat builder absorbs $4 million in lost business and expects more pain. An Ohio pork producer is losing access to a vital export market and fears the damage will last years. A motorcycle shop near Cologne, Germany, wonders if it even has a future. A brawl that the United States...

US stocks finish mostly higher as energy companies climb

Jun. 22, 2018 4:58 PM EDT

NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after OPEC...