Nasdaq Commodities

Arabica prices slipped on Friday after hitting four-year highs in the prior session, while raw sugar hit its lowest in 2-1/2 weeks but remained within the confines of its recent range.

Deere & Co on Friday posted a 169% surge in quarterly profit as a recovering global economy boosted demand for farm machine and construction equipment.

American Airlines said on Friday that travel technology firm Sabre Corp had a technical issue that impacted multiple carriers, including its own. American Airlines said the technical issue had been resolved.

Japanese apparel makers Mizuno and World Co will stop using Xinjiang cotton out of concerns over alleged human rights violations in the region, Nikkei reported on Friday.

Restrictions on electricity supply in the drought-hit Yunnan province in southwest China could lead to the temporary shutdown of almost 1 million tonnes of annual aluminium smelting capacity, consultancy Aladdiny said on Friday.

European stocks held steady on Friday as Swiss luxury goods maker Richemont jumped after its results, but a slide in London-listed shares and worries about inflation dampened early enthusiasm.

An importer in the Philippines is believed to have bought about 25,000 tonnes of Australian animal feed wheat and 15,000 tonnes of Australian feed barley in a deal earlier this week, European traders said on Friday.

The condition of French soft wheat was unchanged for a second week in a row, data from farm office FranceAgriMer showed on Friday, after rain eased dry conditions that had stressed some crops last month.

Russia's agriculture ministry expects the country's 2021 grain crop to decline to 127.4 million tonnes, including 80.7 million tonnes of wheat, the Interfax news agency reported on Friday, citing the ministry's base forecast.

Russia's agriculture ministry expects the country's 2021 grain crop to reach 127.4 million tonnes, including 80.7 million tonnes of wheat, the Interfax news agency reported on Friday, citing the ministry.

German airline Lufthansa, Austrian Airlines and SWISS aim to resume flights to Tel Aviv on Sunday, Lufthansa said.

European stocks rose on Friday ahead of business activity data, as Swiss luxury goods maker Richemont rose following a proposal to double its dividend and automakers gained.

Electra Private Equity said on Friday that it plans to list TGI Fridays and Hotter Shoes, its two remaining portfolio companies, as the British buyout firm prepares to wind down.

Billionaire entrepreneur and trainmaker Peter Spuhler is buying a 10% stake in Swiss Steel from billionaire car dealer Martin Haefner, the steelmaker said on Friday, adding another wealthy owner to the Swiss company's list of shareholders.

Cartier maker Richemont proposed to double its dividend on Friday after net profit rose by a third in its fiscal year 2020/21, helped by a strong performance of its jewellery brands and as it benefited from net finance income.

London copper was set for its biggest weekly drop since September 2020 on Friday, hit by fears that authorities in China would take measures to curb a rally in commodity prices.

Cartier maker Richemont proposed to double its dividend on Friday after net profit rose by a third in its fiscal year 2020/21, cautioning however that the trading environment would remain volatile for some time.

Malaysian palm oil futures fell to a two-week low on Friday, and were on course for a 9% weekly drop, hit by demand and lockdown concerns and tracking a sell-off in rival edible oils.

Inflation is a tax on the poor, it is said, which is possibly why central banks across developing countries are acting now against the price pressures caused by the rising costs of oil, food and other goods.

Most base metals fell on Friday, weighed down by fears that authorities in top consumer China will take measures to curb a rally in commodity prices.