Nasdaq Commodities

Chicago wheat futures rose for the first time in five sessions on Friday as bargain-buying supported prices, although gains were capped by expectations of ample global supplies.

Air Canada pilots eyeing "historic" workplace gains said on Thursday that full bargaining with the carrier was likely to start this summer, before the end of their decade-long contract, according to a letter to union members.

Brazilian planemaker Embraer SA said on Thursday it will sell up to 250 units of its Praetor 500 aircraft to Berkshire Hathaway's NetJets Inc in a deal valued at $5 billion, via an agreed options plan.

JBS SA, the world's largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for the first quarter, blaming high grain prices and an over-supplied meat market for the worse-than-expected results.

Index provider MSCI said on Thursday two Adani-group companies will not be eligible for its global indexes, while 86 securities will be added to and 39 deleted from its widely followed MSCI ACWI stock index, as part of its quarterly index review.

JBS SA, the world's largest meat company, on Thursday reported a net loss of 1.452 billion reais ($290.21 million) for the first quarter, saying high grain prices and an over-supplied meat market weighed on results.

Pratt & Whitney opposed India's Go Airlines' push to enforce an arbitration ruling against the U.S. company for the supply of spare engines, a Delaware court filing showed.

Snapshot of the global export markets for grains, oilseeds and edible oils reported by government and private sources as of the end of business on Thursday:

Drought coverage in the continental United States this week fell to the lowest levels since June 2020, but dryness has escalated in the western Corn Belt, where subsoil moisture reserves are below a year ago.

Canada's main stock index fell on Thursday as a drop in commodity prices weighed on resource shares and investors worried that a lengthy period of high interest rates could lead to problems in the global economy.

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United Airlines must offer its pilots higher pay than Delta Air Lines did to win a new contract, United's pilot union head Garth Thompson said.

Futures of coffee, sugar and cocoa all closed down on Thursday on ICE in a day when negative macroeconomic fundamentals impacted trading of most commodities.

Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank to their lowest in 6-1/2 months, traders said.

Argentina's average soybean yield for the 2022/23 season fell in the last week, the Buenos Aires grains exchange said Thursday, as the ongoing harvest showed the toll of a historic drought that has crippled the country's critical agriculture sector.

United Airlines will need to offer higher pay rates than what rival Delta Air Lines gave to its pilots under a new contract, its pilot union head Garth Thompson said.

Albemarle Corp hopes to expand its lithium operations in Chile's Atacama salt flat as early as 2028 with direct lithium extraction (DLE) technology under its current government contract, Ignacio Mehech, the company's Chile manager, told Reuters.

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Ukraine, Russia, Turkey and the United Nations discussed on Thursday U.N. proposals to extend a deal allowing the safe Black Sea export of Ukraine grain, which Moscow has threatened to quit on May 18 over obstacles to its grain and fertilizer exports.

In trading on Thursday, shares of Hudbay Minerals Inc (Symbol: HBM) crossed below their 200 day moving average of $4.84, changing hands as low as $4.61 per share. Hudbay Minerals Inc shares are currently trading off about 8.2% on the day. The chart below shows the one year pe