Nasdaq Commodities

Adidas said on Wednesday that inventory levels continued to improve strongly in the third quarter, as the German firm's conservative sell-in strategy was paying off.

The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Wednesday.

Russia has already harvested 147 million metric tons of grain in 2023, Russian news agencies reported on Wednesday, citing the agriculture ministry.

Several clothing factory owners in global fashion manufacturing hub Bangladesh are asking clients that include H&M to help them pay for an almost 60% government-mandated hike in wages, well aware that weaker sales might stymie their efforts.

The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Wednesday.

At least 150,000 metric tons of pigeon peas bound for India are held up at ports in Mozambique awaiting export permission from customs despite multiple requests from sellers over the past few weeks, five industry officials said on Wednesday.

Malaysian palm oil futures rose on Tuesday, supported by robust soybean imports to China and indications of strong demand, though gains were limited by sluggish crude oil performance.

Copper traded within a tight range on Wednesday as a stronger U.S. dollar offset supply disruptions and investors awaited more clues on the U.S. Federal Reserve's future policy path.

Chicago soybean prices firmed nearly 1% on Wednesday, trading close to their highest levels in two months, as adverse weather conditions in top exporter Brazil and strong Chinese demand underpinned the market.

Malaysian palm oil futures rose on Tuesday, supported by robust soybean imports to China and indications of strong demand, though gains were limited as crude oil prices fell to their lowest in more than three months.

Two airplanes of the Singapore Airlines group's low-cost subsidiary, Scoot, have been grounded due to issues with Pratt & Whitney engines, according to an executive.

Australia recorded the driest October in more than 20 years due to an El Nino weather pattern which has seen hot, dry conditions hit crop yields in one of the world's largest wheat exporters, the national weather bureau said on Wednesday.

Copper prices were subdued on Wednesday amid a stronger U.S. dollar and hazy demand outlook for the metal, despite some supply disruptions in the market.

Chicago soybean futures gained more ground on Wednesday, with prices trading close to their highest levels in two months, as adverse weather conditions in top exporter Brazil and strong Chinese demand underpinned the market.

The Philippines' agricultural and fisheries production by value fell by 0.3% in the third quarter from a year earlier, government data showed on Wednesday, ahead of Thursday's GDP report.

European Union (EU) energy ministers last month struck a deal to reform the bloc's power market.

Companies from India, China and the Middle East have informally expressed interest in participating in a bauxite project in the jungle of western Suriname that could attract billions in investment, a Surinamese official said on Tuesday.

China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for the most valuable U.S. farm export after overseas sales of the 2023 harvest had fallen well behind the normal pace.

Fertilizer supplier Mosaic Co missed Wall Street estimates for quarterly profit on Tuesday, as a fall in fertilizer prices dented its margins.

U.S. wheat futures declined on Tuesday as the markets reacted to better-than-expected crop conditions, while soybean futures climbed to a two-month high on adverse weather conditions in Brazil before retreating.