Nasdaq Commodities

American Airlines Group on Wednesday raised its outlook for second-quarter profit as it expects to pay lesser for jet fuel compared to its previous estimate.

U.S. corn is in decent shape early in the growing season, but initial health conditions suggest the crop still must prove itself, especially given the dry forecast ahead.

U.S. Crop Watch corn and soybean fields are in good health heading into June, though the vast majority are in immediate need of rain after a dry couple of weeks.

Chicago grain and soybean futures extended losses on Wednesday, with wheat hitting another two-and-a-half year low, as the markets looked beyond drought risks for U.S. crops and focused on ample global supplies and wider economic concerns.

Copper prices fell back towards six-month lows on Wednesday after data showed factory activity in top consumer China shrank faster than expected in May.

Michael Kors parent Capri Holdings Ltd on Wednesday beat estimates for fourth-quarter revenue and profit, buoyed by a sales rebound in China following easing of pandemic-related curbs late last year.

Robusta coffee traders, having watched prices hit 15-year highs in May, are growing jittery that supplies of the bitter bean used to make instant coffee will remain tight through to next year.

Ryanair delivered a petition signed by 1.1 million EU passengers to the European Commission on Wednesday, demanding overflights be protected from air traffic control (ATC) strikes, particularly in France, to help avoid travel disruption.

South Korea's Major Feedmill Group (MFG) purchased about 55,000 tonnes of animal feed wheat on Wednesday which can be sourced from optional worldwide origins, European traders said.

Zinc inventories in London Metal Exchange-registered warehouses have nearly doubled since last week to a one-year peak after a shipment arrived in Malaysia, data published by the exchange showed on Wednesday.

Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign rivals and shoppers tentatively returning.

Busari Kasali once lived with the fear that his cassava - a staple crop in his native Nigeria - would spoil before it got to market. Today, the 76-year-old says his main concern is keeping up with growing demand from consumer goods giant Unilever.

China's agriculture ministry is urging local authorities to speed up the harvesting and drying of damaged grain, after heavy rain flooded fields of ripe wheat in the country's most important growing region.

Busari Kasali once lived with the fear that his cassava - a staple crop in his native Nigeria - would spoil before it got to market. Today, the 76-year-old says his main concern is keeping up with growing demand from consumer goods giant Unilever.

Hungary has asked the EU to extend import curbs on Ukraine grains and oilseed crops for five Eastern European states at least until the end of 2023, Ministry of Agriculture State Secretary Zsolt Feldman said.

Agribusiness giant Cargill has agreed to sell its poultry business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.

U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.

A U.S. judge ruled late on Tuesday that relatives of those killed in a 2019 Boeing 737 MAX Ethiopian Airlines crash may seek compensation for pain and suffering of passengers before the plane hit the ground.

Malaysian palm oil futures plunged for a third straight session on Wednesday and hit their lowest in nearly a month.

Chicago wheat slid to its lowest in two-and-a-half years on Wednesday, with the market declining for an eighth consecutive month as improved U.S. crop condition and concerns over global economic growth weighed on prices.