Nasdaq Commodities

Gap Inc raised its forecast for annual sales and profit, expecting an unabated surge in demand for new apparel as more people begin to step out and socialize after a year of hunkering down at home due to the pandemic.

Membership-only retail chain Costco Wholesale Corp beat Wall Street estimates for quarterly revenue on Thursday, helped by strong demand for high-margin items, such as jewelry and home furnishing goods, as customers returned to its stores.

Gap Inc raised its forecast for annual sales and profit, expecting an unabated surge in demand for new apparel as more people begin to step out and socialize after a year of hunkering down at home due to the pandemic.

Canada said on Thursday that the World Organisation for Animal Health (OIE) had improved the country's international risk status for mad cow disease, potentially opening new export markets.

U.S. corn futures surged more than 6% on Thursday in a technical-buying and short-covering bounce from one-month lows and as strong demand for feed grains supported prices.

European Union countries on Thursday made a new offer on the future of the bloc's huge farming subsidies, in an attempt to unlock a deal aimed at supporting small farmers and curbing the sector's negative environmental impact.

Arabica coffee futures on ICE hit a 4-1/2-year high on Thursday on fears over shrinking supplies and farmer defaults in Brazil, and as export delays in No. 2 producer Colombia also lent support.

The global sugar market is expected to shift from a deficit in the current season to a small surplus in 2021/22 (Oct-Sept) as production increases in countries such as India and Thailand outweigh a smaller crop in top producer Brazil, broker StoneX said on Thursday.

Argentina's 2020/21 soy crop is expected at 43.5 million tonnes, the Buenos Aires Grains Exchange said on Thursday, citing better-than-expected crop yields as its reason for increasing its previous 43 million tonne estimate.

Argentina's 2020/21 soy crop is expected at 43.5 million tonnes, the Buenos Aires Grains Exchange said on Thursday, citing better-than-expected crop yields as its reason for increasing its previous 43 million tonne estimate.

U.S. corn futures surged more than 6% on Thursday in a technical-buying and short-covering bounce from one-month lows and as strong demand for feed grains supported prices.

The head of Europe's Airbus urged suppliers to prepare industrially and financially for steep increases in jet output floated earlier on Thursday, and said the industry was returning towards pre-crisis trends for its most popular airplanes.

Holiday company TUI Group on Thursday said it has agreed to sell its 49% stake in Spain's RIU Hotels SA to co-owner RIU-Group in a deal giving the joint venture an enterprise value of 1.5 billion euros ($1.8 billion).

Farm machinery makers in France, the European Union's biggest agricultural producer, plan to raise their prices this year to cope with surging raw material costs and scarce components during a boom in demand, an industry group said on Thursday.

Market participants this week became apprehensive regarding China’s massive corn purchasing program out of the United States as cancellation rumors floated around. So far, no additional cancellations have been officially confirmed and the Asian country apparently continues to buy.

The head of Europe's Airbus urged suppliers to prepare industrially and financially for steep increases in jet output floated earlier on Thursday, and said the industry was returning towards pre-crisis trends for its most popular airplanes.

The Association of Flight Attendants-CWA (AFA), which represents the crew of 17 airlines, on Thursday entered a pre-hire agreement with Norway's budget airline Norse Atlantic for at least 700 flight attendant jobs in the United States.

FIGS Inc made its debut on the New York Stock Exchange on Thursday, giving the maker of medical scrubs, face masks and shields a valuation of $4.57 billion.

Lufthansa's Austrian Airlines said on Thursday it had to cancel a flight to Moscow from Vienna after not getting permission from Russian authorities for an alternative route following the suspension of flights through Belarusian airspace.

Turkey pushed NATO allies into watering down an official reaction to the forced landing by Belarus of a passenger plane and the detention of a dissident journalist on Sunday, two diplomats familiar with the matter told Reuters.