Nasdaq Commodities

U.S. soybean futures ended higher on Tuesday as Brazil's torrid, crop-threatening weather conditions remained a prime worry for the market, despite rains over the last couple of days.

Argentine grains traders said on Tuesday that the country's farmers were holding back soy sales and would likely keep doing so ahead of the mid-December inauguration of President-elect Javier Milei, who has pledged to cut taxes and weaken the peso.

A U.S. jury has ordered Bayer's Monsanto to pay $165 million to employees of a school northeast of Seattle who claimed chemicals made by the company called polychlorinated biphenyls, or PCBs, leaked from light fixtures and got them sick.

Argentina's farmers may be more willing to spend money on seeds and other agricultural products, hoping that new President-elect Javier Milei's policies will improve earnings from their future harvests, the chief executive of Argentine biotech firm Bioceres said on Tuesday.

Logistics snags have "trapped" sugar in top producer Brazil, meaning world prices need to rise above current 12-year highs in order to curb demand and balance the market, trade major Louis Dreyfus Company (LDC) said on Tuesday.

A severe storm system moving up the eastern seaboard of the United States on Tuesday appeared likely to disrupt the busiest travel period of the year, with more than 55 million people expected to travel before the Thanksgiving holiday.

U.S. retailers across apparel, electronics and home improvement are bracing for a challenging holiday season, a sign that higher discounts might not spark the level of spending the companies are hoping for during their most important period of the year.

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Paris wheat futures set another 5-1/2 month low on Tuesday as strength in the euro exacerbated negative export sentiment in western Europe, traders said.

Severe weather moving across the eastern half of the United States on Tuesday appeared likely to disrupt the busiest travel period of the year, with more than 55 million people expected to travel by bus, train or plane before the Thanksgiving holiday.

Wolf Carbon Solutions has moved to withdraw its permit application in Illinois to build a carbon capture pipeline that would transport as much as 12 million tons of carbon dioxide annually to a storage site in the state, according to a company filing in the state regulatory commission docket.

Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 11.59 million metric tons by Nov. 19, down 19% from the 14.29 million tons a year earlier, data published by the European Commission showed on Tuesday.

Arabica coffee futures on ICE fell on Tuesday as the outlook for next year's crop in top grower Brazil was boosted by a more favourable weather outlook.

Wolf Carbon Solutions has moved to withdraw its permit application in Illinois to build a carbon capture pipeline that would transport as much as 12 million tons of carbon dioxide annually to a storage site in the state, according to a company filing in the state regulatory commission docket.

European Union soybean imports so far in the 2023/24 season that started in July had reached 4.23 million metric tons by Nov. 19, compared with 4.19 million a year earlier, data published by the European Commission showed on Tuesday.

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

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If you have been reading any of my articles over the last 12 years, you know that I have a major issue with the common view of how markets work.

Sustainability funds should be able to hold traditional energy shares because excluding them is denying investors one of the best ways to bet on a shift to renewable energy, a senior ESG executive at Deutsche Bank's Private Bank said on Tuesday.

Ukrainian farmers have almost completed winter crop sowing, seeding about 5.8 million hectares as of Nov. 20, the agriculture ministry said on Tuesday.