BEIJING/SINGAPORE, (Reuters) – Commodity traders and analysts are struggling to map out how China will reach the eye-popping amounts it is committing to buy from the United States under Phase 1 of their trade deal. China has pledged to buy $50 billion more in U.S. energy supplies, and will raise U.S. agriculture purchases by some $32 billion […] Read more
Stories by Tom Westbrook
Australian flooding hits cattle herds, fertilizer output
SYDNEY (Reuters) – Australia’s largest fertilizer maker and its biggest listed cattle farmer this week warned investors of sizeable losses stemming from floods that engulfed parts of Queensland state, as receding water began to reveal the scale of damage. Flooding rain raked the Queensland coast at Townsville last week, before sweeping inland and submerging vast […] Read more
