Nasdaq Commodities

Arabica coffee futures on ICE rose more than 4% on Monday to a one-month high amid slow farmer selling and falling certified stocks, while raw sugar futures were also up.

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Nigeria has saved over 1 trillion naira ($1.32 billion) in just over two months by scrapping a popular but costly subsidy on petrol and moved to unify its multiple exchange rates, President Bola Tinubu said on Monday.

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Chicago soybeans and corn fell on Monday, pressured by expectations of cooler, wetter weather across the U.S. Midwest in August.

Conditions in the U.S. Crop Watch corn and soybean fields took a relatively large hit over the last week amid hot, humid weather accompanied by scarce rainfall.

Good-to-excellent ratings for U.S. corn, soybean and spring wheat likely fell 1 percentage point each in the latest week as scorching temperatures stressed crops before rains arrived, according to the average of estimates given by 13 analysts surveyed on Monday.

Algeria's state grains agency OAIC has bought at least 590,000 metric tons of milling wheat in an international tender which closed on Monday, European traders said in initial assessments.

Bolivia has the world’s largest reserves of lithium, the new ‘white gold’ Tesla (TSLA) and rivals such as General Motors (GM) or BMW (BMW) are rushing to procure to make increasingly-demanded electric vehicles (EVs).

In trading on Monday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed above their 200 day moving average of $105.57, changing hands as high as $106.81 per share. Steel Dynamics Inc. shares are currently trading up about 1.8% on the day. The chart below shows the one year

A strike by grain inspectors calling for higher wages has affected shipments at river ports in the Argentine transport hub of Rosario, the local chamber of Port and Maritime Activities (CAPyM) said.

Road freight prices rose moderately at the peak of Brazil's grain season as a result of slow selling by farmers and harvest delays in Mato Grosso state, data compiled by Argus showed.

AerCap raised its full-year earnings guidance on Monday, saying it saw no signs of travel demand abating and that it would take manufacturers "several years" to catch up with aircraft delivery delays and ease capacity constraints.

U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report.

Morocco has modified its wheat import subsidy scheme to offer the same rate for all supply origins, a step that traders say could encourage some shipments from top exporter Russia.

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

FXEmpire.com - Natural Gas Price Forecast Video for 01.08.23

Vietnam has no immediate plans to restrict rice exports, a senior official of the country's food association said on Monday, after India's export curbs sparked worries about global supplies of the staple.

India is likely to receive below-average rainfall in August due to the El Nino weather pattern, a senior weather department official said on Monday, after an above-average monsoon in July helped farmers accelerate crop planting.