Nasdaq Commodities

In trading on Monday, shares of Arconic Corp (Symbol: ARNC) entered into oversold territory, changing hands as low as $23.80 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a

Robusta coffee futures on ICE hit their highest in nearly 12 years on Monday as supplies tighten, while raw sugar futures rose to a fresh 11-year peak.

Chile’s government will start talks with lithium giant SQM over its operations in the Atacama “this semester” to convince the firm to sign onto a state-led public-private model, the economy minister told Reuters on Monday, and aims to wrap up dialogue over boosting state control over lithium during the current government.

Italy's Treasury and Germany's Lufthansa have agreed to extend exclusive talks over the sale of ITA Airways until May 12 from the previous deadline of April 24, a source close to the matter told Reuters on Monday.

Mexican low-cost airline Viva Aerobus and Neste signed a purchase offer for one million liters of sustainable aviation fuel, the two companies said in a statement on Monday.

British Sugar, a unit of Associated British Foods, is sourcing sugar from rival Tate & Lyle Sugars as well as from as far afield as Thailand, traders told Reuters, citing a supply shortfall that is keeping prices at record levels.

Teck Resources Ltd, which is trying to fend off an unsolicited $22.5 billion takeover offer from Glencore Plc, should remain headquartered in Canada and help the country expand its critical minerals industry, Finance Minister Chrystia Freeland said on Monday.

The U.S. Department of Agriculture's (USDA) weekly crop progress report should rate 26% of the U.S. winter wheat crop in good to excellent condition, according to the average estimate in a survey of 11 analysts on Monday, down 1 percentage point from last week and the lowest for this time of year since 1989.

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Teck Resources Ltd, which is trying to fend off an unsolicited $22.5 billion takeover offer from Glencore Plc, should remain headquartered in Canada and help the country expand its critical minerals industry, Finance Minister Chrystia Freeland said on Monday.

The head of the Russian Grain Union said on Monday the Black Sea grain deal to facilitate Ukrainian agricultural exports had not yielded anything positive for Russia or helped facilitate supplies to the global market.

A union of Argentine transporters started an indefinite strike on Monday, threatening to hit shipments at the Rosario agro-port hub by forcing exporters to rely on dwindling grain reserves at the terminals, according to local bodies.

Export prices of Russian wheat continued to decline last week as low demand outweighed the impact on the market of uncertainty over whether the Black Sea grain deal will be extended, analysts said.

U.N. Secretary-General Antonio Guterres said on Monday that the risk of conflict between global powers was at an "historic high" and Russian Foreign Minister Sergei Lavrov warned the world was at a threshold "possibly even more dangerous" than during the Cold War.

Airlines must compensate passengers for major service disruptions except in limited cases like snowstorms, a measure included in consumer protection proposals in the country's budget legislation, Canada's transport minister said on Monday.

Rainfall in the past month has benefitted cropland in much of the European Union but Spain and northern Italy remain affected by drought that could lead farmers to rethink spring planting plans, the EU's crop monitoring service said on Monday.

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

Airlines in Canada would need to set up internal plans to deal with travel claims from disgruntled passengers and face greater pressure to compensate those impacted by flight disruptions under proposals included in the country's budget legislation, Transport Minister Omar Alghabra said on Monday.

The European Union's crop monitoring service on Monday reduced slightly its forecast of this year's EU soft wheat yield to 5.96 tonnes per hectare (t/ha) from an initial projection of 5.99 t/ha last month.

Above average rains in most of Ivory Coast's cocoa growing regions last week should help plenty of small pods to develop well, farmers said on Monday, paving the way for a strong finish of the April-to-September mid-crop.