Nasdaq Commodities

FXEmpire.com -

Cocoa futures on ICE hit a 6-1/2 year peak on Monday as tight supplies drove prices and investors were firmly in the buy camp, arabica coffee rose to a 6-month top.

A manufacturing problem with Boeing Co's 737 MAX jets that led to a pause in some deliveries threatens to disrupt plans by U.S. carriers to boost capacity to capitalize on a busy summer travel season.

The U.S. Department of Agriculture's (USDA) weekly crop progress report should rate 27% 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, unchanged from last week and the poorest ratings on record for this time of year.

Argentina grains inspectors have launched a 24-hour strike that is halting shipments at key river ports in farm transport hub Rosario, the ports chamber CAPyM said on Monday.

JBS SA has agreed to pay $25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order to keep prices artificially high.

Chicago wheat prices rose on Monday after Poland, Hungary and Slovakia banned grain and other food imports from Ukraine to protect their own agriculture sectors, casting further doubt on Ukrainian exports.

The U.S. soybean crush jumped to a 15-month high and the second highest level for any month on record in March, according to National Oilseed Processors Association (NOPA) data released on Monday.

Russian aluminium tycoon Oleg Deripaska on Monday bemoaned a "primitive" Russian finance system dominated by state banks, saying it was sliding into the past while other countries took advantage of a realignment in global finance.

Cocoa futures on ICE hit a 6-1/2 year peak on Monday as tight supplies drove prices and investors were firmly in the buy camp, while raw sugar steadied just below last week's 11-year peak.

Domestic flights in Nigeria were being disrupted on Monday, local airlines said, as aviation employees in Lagos blocked roads to the country's busiest local airport to begin a two-day strike in protest over working conditions and wages.

Export prices of Russian wheat fell slightly last week amid a sell-off in Chicago, despite renewed concerns about the fate of the Black Sea grain deal, analysts said.

FXEmpire.com - Natural Gas Price Forecast Video for 18.04.23

Brazilian farmers will harvest a record wheat crop of 11.3 million tonnes in the 2023/2024 season, compared with 11 million tonnes in the previous one, StoneX said on Monday.

Ukrainian Infrastructure Minister Oleksandr Kubrakov will visit Turkey on Tuesday to discuss the status of a deal that allows the safe wartime export of grain from several Ukrainian Black Sea ports, the Turkish defence ministry said on Monday.

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

FXEmpire.com -

Below-average rains last week in most of Ivory Coast's cocoa growing regions raised fears of tight supply and poor quality for the April-to-September mid-crop, farmers said on Monday.

Argentina grains inspectors have launched a 24-hour strike that is halting shipments at key river ports in farm transport hub Rosario, the ports chamber CAPyM said on Monday.

Kyiv said on Monday a U.N.-brokered initiative allowing the safe Black Sea export of Ukrainian grain was in danger of "shutdown" after Russia blocked inspections of participating ships in Turkish waters.