Nasdaq Commodities

The global zinc market surplus increased to 76,000 metric tons in June, up from 67,000 tons a month earlier, data from the International Lead and Zinc Study Group (ILZSG) showed.

BP Bunge Bioenergia, a joint venture controlled by BP and Bunge in Brazil, expects to process between 28 million and 29 million metric tons of cane in the 2023/24 crop, an up to 16% increase from the previous season, the firm's chairman said on Wednesday.

Russian mercenary chief Yevgeny Prigozhin was listed as a passenger on a private jet which crashed north of Moscow on Wednesday, the TASS news agency reported, citing Rosaviatsia, Russia's aviation authority.

Initial quality results from this year's French soft wheat harvest showed 93% of the crop with protein content above the milling requirement of 11%, up from a five-year average of 87% of the crop, farm office FranceAgriMer said on Wednesday.

Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour.

England goalkeeper Mary Earps has questioned a Nike statement regarding the unavailability of her replica jersey during the recent Women's World Cup.

Vegetable prices in India have begun to soften and are likely to decline from September, Reserve Bank of India (RBI) Governor Shaktikanta Das said in a speech on Wednesday.

Raw sugar futures on ICE surged on Wednesday, buoyed by expectations of an Indian export ban, while arabica coffee prices were also sharply higher.

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

Shares of Foot Locker cratered over 30% in premarket trading on Wednesday, and dragged down those of its rivals, after the retailer lowered its annual forecasts as it reels from weaker consumer demand in the face of still-high inflation.

FXEmpire.com - Natural Gas Price Forecast Video for 24.08.23

Chicago soybean futures fell for a second straight session on Wednesday as initial results from a widely followed U.S. field tour tempered concerns about hot, dry weather in the Midwest.

Australia's economy is well-placed to benefit from strong demand for critical minerals with the global appetite expected to rise by 350% by 2040, official forecasts showed on Wednesday, as many big economies rush to hit net zero emission targets by 2050.

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Egypt's state buyer, the General Authority for Supply Commodities GASC), said on Wednesday it had cancelled an international tender for yellow corn, confirming earlier reports by traders.

Taiwan's Pou Chen Corp, the world's largest manufacturer of branded sports footwear, plans to cut another 1,220 jobs at its factory in Ho Chi Minh City, its third round of job cut this year due to weak demand, Vietnamese state media reported on Wednesday.

Shares of Foot Locker cratered over 30% in premarket trading on Wednesday, and dragged down those of its rivals, after the retailer lowered its annual forecasts as it reels from weaker consumer demand in the face of still-high inflation.

Raw sugar futures on ICE fell to a seven-week low on Wednesday as favourable weather boosted the cane harvest in Brazil, while arabica coffee regained more ground after slumping last week to a seven-month low.

India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government sources said.

The lowest offer presented at an Egyptian state purchasing tender for yellow corn on Wednesday was $231 per ton for 60,000 metric tons of corn on a free-on-board basis, traders said.