Nasdaq Commodities

Copper prices rose on Tuesday as a weaker dollar made greenback-priced metals cheaper and more attractive to holders of other currencies.

An Australian court ordered Garuda Indonesia to pay a fine of A$19 million ($15 million) in relation to a price-fixing case after Indonesia's flag carrier dropped an appeal against the penalty levied two years ago, a regulator said on Tuesday.

Brazil has suspended import duties on soy, corn, soybean meal and soybean oil until the end of the year, the Agriculture Ministry said on Monday, as the country seeks to slow inflation fanned by rising global commodities prices.

A testing and quarantine free travel bubble between Australia and New Zealand launched with lopsided demand, according to airlines and data firms, with an unusually high number of the travellers departing from Australia.

United Airlines on Monday reported a bigger-than-expected $2.4 billion adjusted net loss for the first quarter, as fuel costs rose and the airline operated fewer flights amid continued weak demand due to the COVID-19 pandemic.

U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said.

Brazil has suspended import duties on soy, corn, soybean meal and soybean oil until the end of the year, the Agriculture Ministry said on Monday.

The U.S. Department of Agriculture said U.S. farmers were able to plant 8% of their intended corn acres as of Sunday, within the range of analyst estimates in a Reuters poll.

United Airlines on Monday reported a bigger-than-expected loss for the first quarter, as fuel costs rose and seat capacity slumped as carriers remained under stress from weak demand due to the COVID-19 pandemic.

Raw sugar futures closed more than 2% down on ICE on Monday, suffering a setback after last week's steep climb to a six-week peak, while cocoa and coffee prices rose.

American Airlines Co said on Monday it will reduce flights to some destinations in South America because the COVID-19 pandemic has reduced demand.

K+S has won antitrust approval to sell its North and South American salt business, including Morton Salt, to Stone Canyon Industry Holdings LLC, the Justice Department said on Monday.

U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said.

U.S. President Joe Biden said he was willing to compromise on his $2.3 trillion infrastructure proposal on Monday before meeting with a group of bipartisan lawmakers at the White House.

The U.S. Department of Agriculture's (USDA) weekly crop progress report should show that farmers were able to plant 9% of their intended corn acres as of Sunday, according to the average estimate in a survey of 11 analysts on Monday.

A large cargo of Romanian wheat has set sail for France, marking an unusually big import of the grain by the European Union's biggest wheat exporter, traders said on Monday.

Morocco plans to increase customs duty on soft wheat and durum to help domestic farmers benefit from an expected better yield this year by cutting imports, its agriculture minister said.

In dense tropical forests in Sierra Leone, scientists have rediscovered a coffee species not seen in the wild in decades - a plant they say may help secure the future of this valuable commodity that has been imperiled by climate change.

Raw sugar futures were lower on Monday, suffering a setback after last week's steep climb to a six-week peak, while cocoa and coffee prices rose.

Soft wheat exports from the European Union in the 2020/21 season that started last July had reached 21.34 million tonnes by April 18, data published by the European Commission showed on Monday.