Nasdaq Commodities

Alcoa Corp is looking to develop a process to cut greenhouse gas emissions from the refining of alumina by up to 70%, with support from an Australian government agency grant, the two groups said on Friday.

Malaysian palm oil futures were on course for a 10% weekly drop, their biggest in two months, as they fell for a third straight session on Friday, tracking a sell-off in rival edible oils.

Chicago corn futures slid on Friday, although the market was set for a weekly gain of nearly 3% on the back of strong demand led by China and tightening global supplies.

U.S. corn futures edged lower on Friday, but strong Chinese demand and concerns about global supplies kept the grain on track for a weekly gain of more 3%.

China's recent measures aimed at cooling red hot industrial commodities prices will likely only have a temporary affect unless authorities take steps to curb consumption and potentially lower economic growth, analysts said.

The Thiele family, Deutsche Lufthansa AG's second-largest shareholder, sold more than half of its stake in the airline group following the death of Heinz Hermann Thiele, the bookrunner said in a statement on Thursday.

Rains that are forecast to reach Brazil's main coffee areas from the weekend and intensify in the days after could delay some harvest work in the world's top grower, but are expected to improve conditions for next year's crop.

Road blockades connected to weeks of anti-government protests in Colombia, which have caused food and gasoline shortages and stymied exports, are still in place around the country on Thursday despite a recent presidential order to clear them.

Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.

Brazilian meatpacker BRF, the world's largest chicken exporter, is looking for opportunities to grow in the Chinese market, Chief Executive Lorival Luz said on Thursday.

Arabica prices hit fresh four-year highs on Thursday, boosted by tightening supplies in top producer Brazil and beyond, while raw sugar rose as commodities and equities by and large recovered from the previous day's sell-off. [MKTS/GLB]

Wall Street's main indexes regained their footing on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.

U.S. corn futures rose on Thursday, with strong export demand highlighting concerns about dwindling crop supplies due to harvest shortfalls in Brazil, traders said.

The Thiele family, Deutsche Lufthansa AG's second-largest shareholder, is selling more than half of its stake in the airline group following the death of Heinz Hermann Thiele, two sources familiar with the matter said on Thursday.

German charter airline Condor will be acquired by investment fund Attestor, which pledged to invest in new planes to help the carrier emerge from the coronavirus crisis, Condor said on Thursday.

Argentine farmers have brought in 85.4% of their 2020/21 soy crop with an average yield of 2.75 tonnes per hectare, the Buenos Aires Grains Exchange said on Thursday, with harvesting propelled over recent weeks by good weather conditions.

Wheat yield potential in Kansas was estimated at 58.1 bushels per acre (bpa) on Thursday by crop scouts on the annual Wheat Quality Council tour, the highest projection in tour records dating to 2000.

India on Thursday cut sugar export subsidies by 31.4% for the season that ends on Sept. 30, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution.

U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.

U.S. corn futures rose 1.7% on Thursday, with strong export demand highlighting concerns about dwindling crop supplies due to harvest shortfalls in Brazil, traders said.