Nasdaq Commodities

Dutch postal firm PostNL lifted its 2023 operating profit guidance on Monday, pointing to higher volumes of parcels.

Dutch postal firm PostNL lifted its 2023 operating profit guidance on Monday, pointing to higher volumes of parcels.

Copper prices slid on Monday, weighed down by a slightly firmer dollar and weak demand outlook for the metal amid expectation of rising supplies from China.

Chicago wheat rose more than 2% on Monday, extending gains from the previous session amid global supply concerns spurred by an escalation of tensions in the Black Sea after last week's Ukrainian drone attack near a Russian export hub.

One of the main tools of statecraft in recent years has been trade sanctions or tariffs, but with China taking another step to normalising its trade relationship with Australia, the main lesson is these actions seldom work.

Malaysian palm oil futures were range-bound on Monday, as traders weighed forecasts of higher inventories against global supply concerns amid an escalation of tension in the Black Sea.

Copper prices opened lower on Monday, with pressure from a steady dollar and investors cautiously waiting for economic data from the U.S. and China this week for more clues on demand outlook.

Chicago wheat rose on Monday, extending gains from the previous session amid global supply concerns spurred by an escalation of tensions in the Black Sea after last week's Ukrainian drone attack near a Russian export hub.

The Philippines may extend reduced import tariffs on rice and other commodities beyond 2023 to ease pressure on inflation, which remained above target last month, officials said.

Niger closed its airspace on Sunday until further notice, citing the threat of military intervention from the West African regional bloc after coup leaders rejected a deadline to reinstate the country's ousted president.

Egypt's state grains buyer, the General Authority for Supply Commodities, is seeking wheat in an international tender for shipment Sept. 15-30 and/or Oct. 1-15, 2023.

Six grain wagons in a 61-car train headed for a Ukrainian river port derailed in Moldova on Saturday as extreme heat weakened the rails, the country's railway system said.

Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit.

Berkshire Hathaway on Saturday posted its highest-ever quarterly operating profit, bolstered by improved results in its insurance businesses, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit.

Indian farmers have planted 28.3 million hectares (69.9 million acres) with summer-sown rice, according to the farm ministry's latest data, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage.

The Mexican government is no longer planning on moving up the timeline to pay off some $4.2 billion in outstanding bonds issued to finance a partly built airport on the outskirts of Mexico City that was later canceled, a senior transport official said on Friday.

FXEmpire.com -

Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs.

Raw sugar futures on ICE hit 2-1/2-week lows on Friday, posting a second straight weekly loss as the market continues to consolidate at current, still historically high levels. Arabica coffee gained the most in the week among softs.

Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to Aug. 1, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and cut their net long position in soybeans.