Nasdaq Commodities

Australia's Qantas Airways on Wednesday said Chairman Richard Goyder would retire prior to the company's annual general meeting in late 2024.

The U.S. soybean harvest was 43% complete by Sunday and the corn harvest 34% finished, data from the U.S. Department of Agriculture (USDA) showed on Tuesday, both slightly ahead of their respective five-year averages, while soybean condition ratings declined.

German premium footwear Birkenstock Holding priced its U.S. initial public offering (IPO) at $46 per share on Tuesday afternoon at the middle of its indicated price range, people familiar with the matter said.

The chairman of Australia's Qantas Airways, Richard Goyder, will leave the flag carrier in late 2024, the company said, as the embattled airline looks to rebuild its tarnished reputation.

Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the American oilseeds.

The German premium footwear company Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, the Wall Street Journal reported on Tuesday.

Boeing on Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expertise in a country it sees leading sustainable aviation fuel (SAF) production.

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Arabica coffee futures on ICE recovered on Tuesday after hitting a nine-month low earlier on favorable weather in Brazil, while robusta coffee plumbed a six-month trough.

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The U.S. Department of Agriculture's (USDA) weekly crop progress report should show the U.S. soybean harvest as 41% complete and the corn harvest as 34% complete, according to the average of estimates from 10 analysts polled by Reuters on Tuesday.

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ICE cotton futures slipped more than 1% to a two-week low on Tuesday, pressured by muted demand outlook for the natural fiber and weakness in grains and oil markets.

Morocco's state-owned phosphate fertiliser producer OCP and the World Bank's International Finance Corporation (IFC) said on Tuesday they would together mobilise $800 million by 2030 to help finance companies that produce and distribute crops and food in Africa.

Chicago wheat futures extended losses on Tuesday that began in overnight trading following a short-lived rally on the back of rising tensions in the Middle East, as lower prices and hefty supplies in Russia kept attention on export competition.

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as strong wave of post-pandemic spending eases up amid a backdrop of rising inflation and economic turbulence.

Mexican airline Volaris adjusted its 2023 forecast for its EBITDAR margin to 26% from between 29% and 31%, amid volatility in fuel prices and motor inspections, according to a statement published Tuesday.

Boeing deliveries of its best-selling 737 MAX fell in September to the lowest level since August 2021, the plane maker said on Tuesday, as it continues struggling with work needed to correct a manufacturing defect.

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as inflation and economic turbulence dented shoppers' appetites for high end fashion.

Arabica coffee futures on ICE recovered on Tuesday after hitting a nine-month low earlier on favourable weather in Brazil, while robusta coffee plumbed a six-month trough.