Aine Quinn

Cocoa futures surged above an unprecedented $10,000 a ton, extending a historic rally that's already seen prices double this year and which is raising the cost of chocolate.

Russian authorities are holding up two Egyptian ships loaded with wheat for export, in the latest sign that a domestic dispute between a key grain trader and the agriculture regulator is hindering deliveries abroad.

Egypt 's Foreign Ministry stepped in after a spat between Russia 's agriculture regulator and a key grain trader held up two ships carrying wheat, according to people with knowledge of the matter.

(Bloomberg) -- Egypt’s Foreign Ministry stepped in after a spat between Russia’s agriculture regulator and a key grain trader held up two ships carrying wheat, according to people with knowledge of the matter.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareWhy India’s South Rejects Modi — And Why It MattersBlackstone Nears Buyout of Skin-Care Company L’OccitaneGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionOne of th

Importers canceled 4 or 5 cargoes set for delivery by June Chinese customs is limiting deliveries to bonded areas

Dispute between a top Russian trader, local regulator simmers Egypt is using government channels to allow wheat to move

Wheat futures traded in Chicago nearly erased losses so far this year, after a six-day rally on concerns over weather in key producers.

Major Russian grain exporter TD Rif is changing its name as a dispute with local regulators continues to block or delay shipments out of the country.

Major Russian grain exporter TD Rif has accused Moscow of trying to control and inflate export prices, another escalation in a dispute between the government and one of the country's biggest wheat traders.

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