Corn futures at the Chicago Board of Trade closed flat to weak on Wednesday with a private forecast for a big US corn crop this year adding pressure to an already struggling market, traders said.

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Chinese steel prices have steadied following a slump in October as calls for production cuts have allayed some fears of oversupply. However, traders and industry officials said spot iron ore trade remained lacklustre as many

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Freight rates in Asia were largely steady on Tuesday, but they were expected to drift lower as more vessels become available. The decline, however, would likely be limited due to steady chartering demand to transport

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Trading centres remained closed on Thursday due to Eid-ul-fitr and Cultural Day holidays in Singapore, Indonesia, Malaysia and Japan. Copyright Reuters, 2005

South African wool prices were slightly weaker this week as demand remained subdued, with the market indicator easing 0.4 percent, Cape Wools said on Thursday. "The wool market is battling to gain ground as demand

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Thai rice prices are likely to drop further over the next week as domestic supply rises but few overseas buyers in sight, traders said on Thursday. Thai 100 percent grade B was down $4 at

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Soyabean rust was found in a new North Carolina county on Wednesday, the US Agriculture Department said on its rust-monitoring Web site. The USDA said the highly contagious fungus was found in Tyrrell County, but

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The Taiwan Sugar Company has sold 10,000 tonnes of white sugar to Indonesia, its first major export in decades, and is seeking to boost overseas sales amid high international prices, an executive said on Thursday.

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China's expected shift to importing corn is moving further into future, with no purchases expected this year or next, while exports of the grain are likely to continue in 2006, though at a slower pace.

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Thai Copper, Thailand's first producer of the red metal, said on Thursday it has restarted operations after shutting down for about three months. The firm was also in talks with potential new strategic partners from

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