Nasdaq Commodities

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), set a tender on Friday to buy an unspecified amount of wheat from global suppliers for shipment Aug. 11-20.

Argentina is considering an increase in grains export taxes, an official told local radio on Friday, sparking concern among farm leaders who have long worried that the Peronist government might further intervene in the markets in a bid to control inflation.

U.S. corn and soybean futures eased on Friday as traders booked profits ahead of the weekend, and after both markets rocketed to multi-year highs on tightening domestic and global supplies, traders said.

Strategic Biofuels LLC, a project development company, announced on Friday it plans to develop a renewable diesel plant in Louisiana that will produce up to 32 million gallons per year of renewable fuel using wood waste.

Mixing high- and low-cost styles is a well-worn fashion trick, and Korean pop sensations BTS are taking the approach to a whole new level in marketing deals announced this week.

Large Brazilian meatpackers are turning to wheat as they try to fend off a rise in the cost of corn, the main livestock feed ingredient, meat lobby ABPA said.

Saudi Arabia will ban fruits and vegetables originating from Lebanon from entering or passing through the kingdom due to an increase in drug smuggling, Saudi state media reported on Friday.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Arabica coffee futures on ICE hit its highest level in nearly two months on Friday, helped by a strengthening Brazilian real and by signs demand is recovering just as supplies from Brazil are expected to fall short.

Bayer said prospects for its agriculture business, the world's largest supplier of seeds and pesticides, have brightened during the first quarter as demand from farmers was improving amid higher produce prices.

Four-time Olympic gymnastics champion Simone Biles is leaving Nike Inc's roster of athletes to join a new apparel partnership with Gap Inc's Athleta brand, the Wall Street Journal reported on Friday.

Chicago corn, wheat and soybeans fell on Friday but were set for big weekly gains after weather-fuelled supply concerns supported multi-year highs.

Malaysian palm oil futures fell on Friday, snapping three straight sessions of gains, after an analyst forecast a swift supply increase and as top buyer India shut down a port over the weekends to contain the spread of COVID-19.

Aluminium prices climbed on Friday to three-year highs, fuelled by worries about supplies from top producer China, where authorities are clamping down on polluting industries, and by signs of falling inventories.

Egypt has allocated 1.074 million feddans of land for rice cultivation in the 2021 season, the agriculture ministry said in a statement on Friday.

Wizz Air is expecting to fly 60% to 80% of its previous capacity this summer, its chief executive said on Friday, as the Hungarian low-cost airline prepares for European travel to re-open but with many restrictions still in place.

The Korea Feed Association (KFA) purchased an estimated 201,000 tonnes of corn in an international tender which closed on Friday, European traders said.

Ukraine's agriculture minister Roman Leshchenko said on Friday he opposed proposals to introduce a ban on sunflower seed exports from Ukraine, a move initiated by the economy ministry.

Four-time Olympic champion Simone Biles is leaving Nike Inc's roster of athletes to join a new apparel partnership with Gap Inc's Athleta brand, the Wall Street Journal reported on Friday.

Arabica coffee futures on ICE hit a 1-1/2 month peak on Friday, helped by a strengthening Brazilian real and by signs demand is recovering just as supplies from Brazil are expected to fall short.