China factory activity weakened in August to a three-month low according to a closely watched manufacturing index, undercutting momentum as the world's second-largest economy struggles to find its feet
Growth in China's vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy.
Copper prices notched their biggest daily gain of the year on Wednesday, as optimistic comments from a major commodities trading house spurred investors to buy the metal ahead of key manufacturing data from China.
Estimates of corn yields from the Pro Farmer crop tour mostly have exceeded U.S. Agriculture Department estimates, adding pressure to corn prices. Also, much of the nation's soybean crop is in good health.