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Wheat Drops on Growing World Supply Speculation -- Daily Grain Highlights

By Kirk Maltais --Wheat for March delivery fell 1.4%, to $7.29 a bushel, on the Chicago Board of Trade on Tuesday, in reaction to speculation that Friday's WASDE will show growing wheat supplies globally. --Corn for March delivery fell 0.5% to $6.37 1/2 a bushel. --Soybeans for January delivery rose 1.2% to $14.55 a bushel. HIGHLIGHTS World Situation in Flux: Production of world wheat hinges on how the crop year goes for Argentina and Australia, said Commerzbank in a note. The firm says the Argentina crop is being tested by drought conditions, which may cause expected exports for the 2022/23 crop year to be down from current estimates of 10 million tons published by the USDA last month . 3:05 p.m. Dec. 6, 2022

Latin America Headlines

Opera Legend Andrea Bocelli on Giving Back, Family, and Those Who Inspired Him

Fresh off a new album release, the famous tenor will celebrate his foundation in New York on Dec. 12

12:49 p.m. Dec. 6, 2022
Brazil's Gol Shares Rise 4.6% After Strong November Numbers

By Jeffrey T. Lewis SÃO PAULO--Gol Linhas Aereas Inteligentes SA's shares rose 4.6% after the Brazilian airline released strong traffic figures for November. The company's preferred shares reached 7.91 reais, the equivalent of $1.51, and are down about 56% from the end of last year through Monday's close. The benchmark Ibovespa stocks index was up 1% at the same time. Gol said Monday after the close of trading that its available seat kilometers, a measure of an airline's total carrying capacity, rose about 30% from a year earlier, while total demand, as measured by revenue passenger kilometers, jumped about 29% with an occupancy rate of 81.3%.

10:14 a.m. Dec. 6, 2022
Brazil's Gol Shares Rise 4.6% After Strong November Numbers

Brazil's Gol Shares Rise 4.6% After Strong November Numbers

10:14 a.m. Dec. 6, 2022

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