Nasdaq Commodities

U.S. corn futures edged lower on Wednesday after the U.S. Department of Agriculture pegged the condition of crops above market expectations, tempering concerns about supplies.

Amazon.com Inc said on Tuesday it supports a proposed U.S. legislation to legalize cannabis at the federal level, and would drop weed-testing requirements for some recruitments.

Two senators on Monday criticized seven major U.S. airlines for failing to make all pandemic-related flight credits valid indefinitely and vowed to pursue legislative or regulatory actions in response.

A U.S. congressional commission on Tuesday called on American basketball stars to end endorsements of Chinese sportswear firms that use cotton grown in China's Xinjiang region, warning against complicity in forced labor they say takes place there.

The U.S. Department of Agriculture on Tuesday rated 76% of the U.S. corn crop as good to excellent in its first condition ratings for the 2021 crop, above the average estimate of 70% in a Reuters analyst poll.

Shares in Brazilian pork and poultry processor BRF SA closed up nearly 10% on Tuesday after beef producer Marfrig Global Foods SA asked antitrust watchdog CADE to approve its purchase of almost a quarter of BRF's stock.

POET said on Tuesday it has acquired Flint Hills Resources' entire ethanol business, highlighting the largest U.S. biofuels producer's bet that conventional renewable fuels like corn-based ethanol will play a role in reducing carbon emissions.

Argentine farmers have sold 20 million tonnes of soy from the 2020/21 season, after transactions for 606,000 tonnes were registered over the past week, the Agriculture Ministry said in a report on Tuesday, including data updated through May 26.

Arabica coffee futures on ICE closed slightly down on Tuesday after earlier hitting a fresh 4-1/2-year high with continuing support from a drought in top producer Brazil.

A U.S. congressional commission on Tuesday called on American basketball stars to end endorsements of Chinese sportswear firms that use cotton grown in China's Xinjiang region, warning against complicity in forced labor they say takes place there.

U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks.

Archer Aviation, a flying-taxi developer whose investors include United Airlines, asked a California judge on Tuesday to dismiss a "baseless" lawsuit by competitor Wisk Aero and countersued over "false statements" regarding a criminal probe.

POET, the largest biofuels producer in the United States, has acquired Flint Hills Resources' entire ethanol business, POET announced on Tuesday.

The White House said on Tuesday that Brazil's JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia.

Tunisian government raised on Tuesday the price of a kilogram of sugar intended for family consumption by 22% to reduce the fiscal deficit as part of reform plan that includes a gradual cut in subsidies.

Archer Aviation, a flying-taxi developer whose investors include United Airlines, asked a California judge on Tuesday to dismiss a "baseless" lawsuit by competitor Wisk Aero and denied that it is under criminal investigation.

The U.S. Department of Agriculture's (USDA) weekly crop progress report is expected to show that farmers planted 96% of their intended corn acres as of May 30, according to the average estimate in a survey of 12 analysts on Tuesday.

Ryanair has urged the EU to require a relaunched Alitalia to bid competitively for the bankrupt Italian airline's airport slots, according to a letter from the low-cost carrier's Chief Executive Michael O'Leary seen by Reuters.

U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks.

Almost all the U.S. Crop Watch corn and soybean fields are in good condition and the producers are looking forward to the upcoming warm stretch to boost their crops’ growth after the cool May led to a slow start.