Nasdaq Commodities

The head of French jet engine maker Safran said global supply chains are still struggling to shake off a series of external shocks and warned against setting unrealistic industrial targets as aviation tackles rising travel demand.

Algeria’s state grains agency OAIC is believed to have purchased around 450,000 to 500,000 metric tons durum wheat in a tender which closed on Tuesday, European traders said on Wednesday.

Australia's rainfall in November was 37.8% above the 1961–1990 average, the country's weather bureau said on Wednesday, a boost for many farmers after a hot, dry period that hit crops in one of the world's largest agricultural exporters.

Most base metal prices rose on Wednesday on a money supply boost in China and amid hopes of a rate cut in the United States, following poor jobs data in that country.

Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 69,000 metric tons of animal feed corn and 65,000 tons of animal feed wheat, European traders said on Wednesday.

Malaysian palm oil futures fell for a fourth session on Wednesday to hit their lowest since Nov. 1, tracking weakness in rival vegetable oils despite expectation of lower end-November inventories.

Most base metal prices rose on Wednesday as investors and traders took increasing bets that the U.S. monetary policy tightening cycle might be over after job openings in that country fell to more than a 2-1/2-year low in October.

Malaysian palm oil futures fell for a fourth session on Wednesday and hit a five-week low, tracking weakness in rival vegetable oils despite expectation of lower end-November inventories.

Chicago wheat futures fell on Wednesday, after confirmation of the second large Chinese purchase of U.S. wheat in two days drove prices to their highest since August in the previous session.

Smithfield Foods said on Tuesday it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.

The U.S. judge overseeing thousands of lawsuits over toxic "forever chemicals" on Tuesday warned that any water utility that opts out of proposed settlements with 3M, DuPont de Nemours and others may have to wait a decade to resolve their individual cases.

Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy.

Chicago Board of Trade wheat futures rallied on Tuesday, extending a six-day ascent to highs not seen in three months, after the U.S. government announced another hefty private sale of U.S. wheat to China.

Coffee graders working for the Intercontinental Exchange (ICE) rejected 41% of the arabica coffee lots sent to the exchange's warehouses to be certified for delivery against futures contracts in a new grading round, ICE said on Tuesday.

Air New Zealand said on Wednesday it had ordered one of U.S.-based BETA Technologies' all-electric five-seat ALIA planes as its first next-generation aircraft as part of a longer-term plan to lower carbon emissions on short domestic flights.

A former chief executive officer at U.S. oil refiner Citgo Petroleum [PDVSAC.UL] helped alleged Venezuelan drug trafficker Carlos Orense move money in the mid-2000s, a witness at Orense's trial in New York testified this week.

Raw sugar futures on ICE closed sharply lower on Tuesday as funds liquidated long positions against the backdrop of a strong flow of supplies from Brazil, while coffee recovered from losses earlier in the session.

Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 180,000 metric tons of wheat in an international tender.

A federal judge considering the U.S. Justice Department's bid to block JetBlue Airways' proposed $3.8 billion acquisition of Spirit Airlines raised the possibility on Tuesday of letting the deal proceed if JetBlue divests more assets as the antitrust trial wrapped up.

Chicago wheat futures rallied on Tuesday, extending a six-day ascent to highs not seen in more than three months, after the U.S. government announced another hefty private sale of U.S. wheat to China.