Nasdaq Commodities

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White sugar futures on ICE rose to their highest in more than 10 years on Thursday, buoyed by tight supplies, while robusta coffee and cocoa prices also climbed.

Argentina's main farming region will see welcome rainfall over the next week, the Buenos Aires Grains Exchange (BdeC) forecast on Thursday, after a key local stock exchange announced a historic drought was over.

Argentina's Buenos Aires grains exchange maintained its 2022/2023 harvest forecasts for both soy and corn on Thursday, after making consecutive sharp cuts in recent months amid historic drought.

U.S. wheat futures fell on Thursday on profit-taking after one-month highs a day earlier and reminders of strong competition for global export business, analysts said.

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Global grain trader Viterra's management team in Russia plans to create an independent Russian grain exporter once the company ceases export activities in the country, the head of its Russian office, Nikolai Demyanov, told Reuters on Thursday.

Global grain trader Viterra has decided not to continue its origination and export programmes out of Russia after July 1 and is assessing options to transfer its business and assets in Russia to new owners, it said on Thursday.

Global grain trader Viterra will cease its export activities in Russia, the world's largest wheat exporter, from July 1, Moscow's agricultural ministry said on Thursday.

Italy's government said on Thursday negotiations were progressing with Germany's Lufthansa over the sale of a minority stake in ITA Airways, after the two companies jointly approved the Italian carrier's industrial plan.

The U.S. National Transportation Safety Board and the Federal Railroad Administration are investigating the derailment Thursday of a freight train carrying ethanol near a small town in Minnesota that prompted the evacuation of some residents.

White sugar futures on ICE rose to their highest in more than 10 years on Thursday, buoyed by tight supplies, while robusta coffee and cocoa prices also climbed.

Brazil's Agriculture Ministry on Thursday announced new measures to prevent bird flu outbreaks in Brazil after cases were registered in neighboring South American countries, according to a statement on Thursday.

FXEmpire.com - Natural Gas Price Forecast Video for 31.03.23

European Agriculture Commissioner Janusz Wojciechowski would support curbs on trading with Ukraine if Poland proposed such a move, he said on Thursday, amid anger among some European farmers over an influx of cheap Ukrainian grain.

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

The European Union sugar beet area for the 2023/24 season is expected to be 3% below the five-year average after a court ruling on the use of neonicotinoid pesticides, the European Commission said in a short-term outlook issued on Thursday.

European Agriculture Commissioner Janusz Wojciechowski would support curbs on trading with Ukraine if Poland proposed such a solution, he said on Thursday, amid anger from farmers over the effect of Ukrainian imports on grain prices.

Tunisia’s grain harvest will be "disastrous", with the drought-hit crop declining to 200,000-250,000 tonnes this from 750,000 tonnes last year, senior farmers union official Mohamed Rjaibia told Reuters on Thursday.