Nasdaq Commodities

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

Trade estimates for U.S. corn and soybean plantings ahead of Friday’s notoriously hard-to-predict acreage report may indicate stronger chances for the soy number to surprise versus the corn one.

Turkey's state grain board TMO provisionally bought about 535,000 tonnes of milling wheat in an international tender on Tuesday, European traders said.

Adidas has ended its fashion partnership with Beyoncé, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

New York cocoa futures on ICE were consolidating on Tuesday just below the prior session's more than two-year peak, while sugar and robusta coffee prices were higher.

Nickel prices extended gains on Tuesday, boosted by dwindling inventories and short covering by speculators, but expectations of rising supply from Indonesia curbed the upside.

The Shanghai Stock Exchange has cancelled a hearing to review Swiss agrichemicals and seeds group Syngenta's initial share offering (IPO) plan, a filing posted on the exchange showed.

Palm oil's rare premium over rival rapeseed oil and sunflower oil is likely to be short-lived and it should start trading at a discount once top producer Indonesia eases export curbs after Ramadan, industry participants told Reuters.

The Shanghai Stock Exchange has cancelled a meeting to review Swiss agrichemicals and seeds group Syngenta's initial share offering (IPO) plan, a filing posted on the exchange showed.

Turkey's state grain board TMO has started buying milling wheat in an international tender on Tuesday with about 100,000 tonnes initially bought, European traders said.

Copper held ground in Asian trading hours on Tuesday, as a deal to buy the assets of stricken U.S. lender Silicon Valley Bank (SVB) spurred risk appetite, despite concerns about tepid Chinese demand.

Ukraine's grain exports for the 2022/23 season were down 17.7% to 36.9 million tonnes as of March 27 reflecting a smaller harvest and logistical difficulties caused by Russia's invasion, agriculture ministry data showed.

Britons already reeling from the biggest rise in food prices since 1977 may have to get used to shortages of fresh vegetables as soaring costs and unpredictable weather hit domestic production.

London-based commodities broker Sucden Financial has received approval to trade directly on three Chinese financial exchanges, making arbitrage activity easier, it said on Tuesday.

Malaysian palm oil futures extended early gains on Tuesday, setting it on course for a second daily rise on stronger Dalian edible oils and anticipation of tightening supply.

Norway's government aims to levy a 35% resource tax rate on the profits of salmon and trout farmers, it said on Tuesday, down from an initial proposal of 40% which sharply hit fish farming stock prices when announced last year.

Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah ($580.29 million) in an initial public offering in April, a prospectus published on Tuesday showed.

Chicago corn futures slipped on Tuesday, after touching a one-month high in the previous session on concerns over Argentina and U.S crops, while wheat and soy futures were little changed.

Indonesia nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans a 8.745 trillion rupiah ($580.29 million) initial public offering (IPO) in April, a prospectus published on Tuesday showed.

Copper extended gains in Asian trading hours on Tuesday as a deal to buy the assets of stricken U.S. lender Silicon Valley Bank (SVB) spurred risk appetite, while a weaker dollar also lent support to the metal, which is priced in the U.S. currency.