Nasdaq Commodities

Chicago wheat lost more ground on Friday with the market poised for its fourth week of decline on growing expectations of a Black Sea deal which will allow Ukraine to continue shipping grains.

Copper prices fell on Friday and were set for a weekly decline amid fears of further interest rate hikes for longer by the U.S. Federal Reserve, while rising supplies also weighed on sentiment.

Mexico's nascent legal cannabis industry on Thursday welcomed its first company authorized to grow at commercial scale, focused on a booming niche market that mostly sidesteps the mind-altering qualities of the plant's flowers.

U.S. soybean exports flirted with record highs at the start of 2023 while corn shipments slacked, owing to last year’s huge Brazilian corn crop which was followed by a slow start to its current soy harvest.

LATAM Airlines reported a fourth-quarter net profit of $2.538 billion, the company said on Thursday, noting that all financial renegotiations stemming from its bankruptcy proceedings are reflected in the results.

The five-year shelf life of U.S. tax credits for lower-carbon aviation fuel is too short to anchor development of the nascent industry, energy executives said this week in Houston.

In trading on Thursday, shares of Alcoa Corporation (Symbol: AA) crossed below their 200 day moving average of $47.84, changing hands as low as $47.33 per share. Alcoa Corporation shares are currently trading down about 6.1% on the day. The chart below shows the one year perf

South American health authorities have created a regional technical committee to deal with outbreaks of bird flu as the disease spreads and poses a threat to the poultry industry.

Gap Inc on Thursday forecast full-year sales below Wall Street estimates, signaling a slowdown in demand as inflation-weary consumers curb discretionary spending.

A historic drought ravaging Argentina's crops is deepening the grain exporting giant's economic crisis, crushing farmers across the Pampas, heightening default fears and putting at risk targets agreed with the International Monetary Fund (IMF).

Green coffee exports by Brazil, the world's largest supplier, fell 35.8% in February, exporters group Cecafe said on Thursday, as stocks in the country run low after two poor crops and farmers are reluctant to sell what is left at current prices.

The union representing American Airlines pilots will take a strike authorization vote in April, underscoring a broader push by North American pilots to make gains on salary and working conditions as air traffic increases sharply.

Raw sugar futures on ICE rose on Thursday as lower-than-expected production in India and Thailand added to concern about tight supplies, while arabica coffee prices fell to a four-week low.

Argentina's Buenos Aires grains exchange on Thursday further cut its estimates for the season's corn and soybean harvests, as a devastating drought impacts the major grains exporter's main agricultural region.

Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, raising the stakes in talks to renew a sales deal that expires in June.

Global fertilizer makers said they would invest a combined 21 billion reais ($4 billion) in Brazil over four years to boost output capacity in one of the world's largest producers and exporters of staples like soy and corn.

The land grab for the best sites to gather renewable natural gas (RNG) from landfills and dairy farms is largely over, executives said this week at the CERAWeek energy conference, as developers turn to marketing the fuel for uses including in transportation and power generation.

Argentina's soybean production for the 2022/2023 harvesting season is estimated at 29 million tonnes, down from 33.5 million tonnes previously estimated, the Buenos Aires grains exchange said on Thursday.

ICE cotton futures extended their fall for a third consecutive day to their lowest in about two weeks on Thursday, weighed down by weaker export sales numbers, with lower grains market adding to the downbeat mood.

Italian eyewear group Safilo on Thursday forecast net sales would reach 1.3 billion euros ($1.37 billion) in 2027, driven by a 4% annual growth rate as it issued its medium-term targets.