Nasdaq Commodities

Malaysian palm oil futures edged up on Tuesday in range-trading, with larger-than-expected May inventories pressuring the market.

Copper prices rose on Tuesday after top metals consumer China cut borrowing costs for the first time in 10 months to prop up its economic growth which could eventually improve metals demand.

U.S. corn futures edged lower on Tuesday as traders locked in profits after a recent rally, following concerns over crop stress amid dry conditions in the U.S. midwest crop belt.

Prices of copper and other base metals in London climbed on Tuesday as traders welcomed top metals consumer China's decision to cut borrowing cost for the first time in 10 months to prop up its economic growth.

Malaysian palm oil futures rose on Tuesday, recouping losses from the previous session, although higher May inventories weighed on the market.

U.S. corn futures edged lower on Tuesday as traders locked in profits after a recent rally following concerns over crop stress amid dry conditions in the U.S. Midwest crop belt.

Industrial and oil refining cities in southern China are urging firms and citizens to curb electricity, while Hainan province called for less power usage at peak times, as grids become more stressed due to persistent searing hot weather.

U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said.

The U.S. Department of Agriculture rated 61% of the U.S. corn crop in good to excellent condition in its weekly crop progress report on Monday, down 3 percentage points from a week ago and below the average of estimates in a Reuters poll.

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U.S. District Judge Leo Sorokin on Monday delayed the effective date of a permanent injunction after ruling American Airlines and JetBlue Airways must end their Northeast Alliance (NEA) they used to coordinate flights and pool revenue.

Raw sugar futures on ICE rose on Monday, buoyed by concerns the El Nino weather pattern could dent production, while cocoa prices closed down, reverting an earlier rise to their highest level in around 6-1/2 years.

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Smoke shrouded Western Canada on Monday as wildfires flared again in the main oil-producing province of Alberta, while firefighters in Quebec doused some of the worst early season blazes, allowing thousands of evacuees to return home.

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U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said.

The U.S. Department of Agriculture (USDA) is expected to rate 62% of the corn crop in good to excellent condition in its weekly crop progress report, down 2 percentage points from a week ago, according to the average estimate of 12 analysts on Monday.

U.S. Transportation Secretary Pete Buttigieg on Monday said he told Mexican President Andres Manuel Lopez Obrador last week any decision to reinstate the country's air safety rating would not be based on politics.

EU antitrust regulators who raided Kering's Gucci and other fashion firms in April are looking into how they set prices of handbags and leather goods for distributors, three people with direct knowledge of the matter told Reuters.

Mondelez International, facing a widening corporate boycott in the Nordic region over its presence in Russia will meet with Norwegian government representatives this week in the hope of protecting the group's local business.