Nasdaq Commodities

Raw sugar futures on ICE edged higher on Wednesday in a rebound after retreating from a recent 11-1/2 year high, while arabica coffee prices were slightly lower.

U.S. bank JPMorgan Chase & Co could process another 40 Russian grain export payments, two sources said, as the United Nations seeks to save a deal allowing safe Black Sea exports of Ukrainian grain that Moscow has threatened to quit on May 18.

Copper prices are due to recover slightly in coming months, supported by low inventories, but the upside will be curbed by weak physical demand in China and the threat of a global recession, a Reuters poll showed.

The owner of Go Airlines (India) has no plans to exit the budget carrier after engine troubles forced it into bankruptcy, the airline's CEO told Reuters on Wednesday, as frustrated flyers complained of abrupt flight cancellations.

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Jordan's state grain buyer has purchased about 60,000 tonnes of animal feed barley to be sourced from optional origins in an international tender which closed on Wednesday, traders said.

French consultancy Agritel raised its forecast for this year's Ukrainian wheat crop to 16.34 million tonnes, from 15.04 million pegged in November, to take account of a higher-than-expected area to be harvested, it said on Wednesday.

Chicago wheat slid for a third consecutive session on Wednesday to its lowest in 25 months as rains in the U.S. winter wheat-growing areas and favourable weather in other northern hemisphere suppliers boosted expectations of abundant supplies.

Etihad Airways, Abu Dhabi's state carrier, on Tuesday signed an agreement with technology firm Astra Tech that allows customers to make flight bookings using artificial intelligence within chat app BOTIM, Astra Tech said.

An estimated six trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase up to 120,000 tonnes of animal feed barley which closed on Wednesday, traders said.

U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline's rescue plan, a source familiar with the matter said.

Copper prices in London were stable on Wednesday as investors awaited the U.S. Federal Reserve's decision on interest rates while balancing rising inventories with expectations of a tight market in the longer term.

Malaysian palm oil futures reversed early losses on Wednesday to end higher for a second session, although sluggish export shipments and poor demand weighed on prices.

Agricultural commodities trader Bunge Ltd beat Wall Street estimates for first-quarter profit on Wednesday, helped by strong crush margins and high demand for food, feed and biofuels.

U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline's rescue plan, a source familiar with the matter said.

Raw sugar futures on ICE dipped slightly on Wednesday, slipping further from a recent 11-1/2 year high, while arabica coffee prices edged higher.

Ukraine's agricultural exports fell by 31% in April compared to March to 5.3 million tonnes, the lowest level in the past eight months, the Ukrainian Agribusiness Club (UCAB) business association said late on Tuesday.

Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), bought 655,000 tonnes of wheat in an international tender on Tuesday with cheap Russian wheat dominating the business, traders said on Wednesday.

U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline's rescue plan, a source familiar with the matter said.