Nasdaq Commodities

London cocoa futures on ICE hit a record high on Friday, with adverse crop weather in top grower Ivory Coast set to widen an expected global deficit in the current 2023/24 season.

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Farmers have blocked several border crossings between Belgium and the Netherlands, Belgian and Dutch traffic centres said on Friday, as they protest against grievances including taxes, rising costs, cheap imports and bureaucracy.

Malaysian palm oil futures extended losses to a fourth session on Friday, set for their worst week in nine months after top buyer India sought to cut vegetable oil imports, while prolonged weakness in rival edible oils also weighed on sentiment.

China's stock market slump in January led to a wave of calls for investors to top up cash in their margin trading accounts, triggering fears that a further slide in share prices could spur forced selling of tens of billions of dollars worth of stocks.

Nonferrous metals prices largely fell on Friday and were set for a weekly decline amid mixed economic signals globally and as U.S. rate cuts will be pushed back to later this year.

Taiwanese container shipping major Evergreen Marine has signed an agreement to use Singapore-based X-Press Feeders' new green methanol ships in Europe, X-Press Feeders said late on Thursday.

China has allowed imports of breeding pigs from Ireland, effective from Feb. 1, Chinese customs said, with shipments subject to Ireland meeting animal health requirements.

Ahead of elections next week, Pakistan's caretaker administration is making binding plans for a new government to sell loss-making Pakistan International Airlines, according to the minister in charge of the process and other officials.

Around 16,000 livestock remained in limbo aboard an export ship at an Australian port on Friday, having set sail for Israel exactly four weeks ago only to abandon a passage through the Red Sea and be ordered home by the Australian government.

Malaysian palm oil futures fell on Friday after top buyer India sought to cut vegetable oil imports, while weakness in rival edible oils also weighed on the market.

Chicago soybean futures edged higher on Friday, but were headed for a seventh consecutive weekly decline due to disappointing weekly U.S. export sales and ample cheap supply from top producer Brazil, whose harvest is underway.

Chicago-traded corn and soybeans have begun February with a similar energy as last month, which featured the largest January price declines for the most-active contracts in several years.

Argentines sought shade and tried to cool off in public fountains on Thursday as a heat wave hitting the country saw temperatures rise towards 40 degrees Celsius (104°F).

Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon.

U.S. soybean futures fell about 1.5% on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.

Corteva's shares jumped more than 18% on Thursday, after the U.S. agricultural chemical firm topped Wall Street expectations for fourth-quarter profit backed by strong seed prices.

Cocoa futures on ICE gained more than 2% on Thursday, with the London contract rising to a record high, as the market for the chocolate-making commodity continues to be buoyed by tight supplies.

In trading on Thursday, shares of Alamos Gold Inc (Symbol: AGI) crossed above their 200 day moving average of $12.57, changing hands as high as $12.71 per share. Alamos Gold Inc shares are currently trading up about 4.7% on the day. The chart below shows the one year performa

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