Nasdaq Commodities

The conditions for navigation on Argentina's Parana river have normalized after initial checks were performed following an incident with a stuck boat, the country's naval authority PNA said on Tuesday.

Egyptian state grains buyer the General Authority for Supply Commodities (GASC) said on Tuesday it was seeking vegetable oils in an international tender for arrival March 25-April 15 and/or April 16-30.

Jordan's state grains buyer purchased about 50,000 metric tons of hard milling wheat to be sourced from optional origins in an international tender on Tuesday, traders said.

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Chicago soybean futures gained more ground on Tuesday, with the market climbing to its highest level in almost one week on the back of short-covering, although rising global supplies kept a lid on prices.

Brazilian mills had hedged about 72% of their projected sugar exports for the 2024/25 season by the end of January, risk management firm Archer Consulting said on Tuesday.

Speculators have been net sellers across U.S. grain and oilseed futures for nine consecutive weeks, coinciding with a heavy easing in prices, and fresh lows came in the following days amid bearish government supply outlooks through 2025.

Investment firm Buxton Helmsley Group said it nominated four candidates to the board of directors of Fossil Group, after the fashion design company's stock lost three-quarters of its value over the last year.

Canadian pot firm Aurora Cannabis said on Tuesday it has appointed Simona King, a former executive of Bristol Myers-Squibb, as its Chief Financial Officer.

The White House will approve a request from a group of Midwest governors to allow year-round sales of gasoline with higher blends of ethanol, but will push the start date into next year, two sources familiar with discussions said.

Raw sugar futures traded on ICE hit a one month low on Tuesday amid favourable weather conditions in top producer Brazil, while cocoa futures resumed their rally, heading back towards record highs.

A vessel carrying wheat ran aground near the main channel of South America's Parana River on Feb. 17, Inchcape Shipping said in a notice on Tuesday, adding that navigation for all large vessels has been closed due to the obstruction.

Inflation expectations in India may stabilise and edge down going ahead but renewed pressures from cereals and proteins cannot be ruled out, the Reserve Bank of India said in its February bulletin published on Tuesday.

Eight trading companies are believed to be taking part so far in the international tender from Jordan’s state grains buyer to purchase 120,000 metric tons of wheat on Tuesday, traders said in initial assessments.

Copper prices advanced on Tuesday after China cut mortgage rates, but gains were capped as investors wait for more support for the economy of the world's top metals consumer.

Malaysian palm oil futures slid on Tuesday as weak export data pressured the contract, however strength in rival vegetable oils and expectation of lower production capped losses.

Dairy producer Arla said on Tuesday that sales could slip this year after a flat 2023 as European consumers continue to cut back spending, although it sees some signs of improving demand.

Greek farmers were expected to drive into Athens with tractors on Tuesday to protest outside parliament over the impact of rising energy costs, competition from abroad and recent flooding.

Ground staff at German airline Lufthansa walked off the job at major airports on Tuesday in their second strike this month, raising pressure in wage talks due to continue on Wednesday.

Ukraine's combined grain and oilseeds exports rose to 3.1 million metric tons in Feb. 1-15 from 2.2 million tons in the same period in January, the Ukrainian traders' union UGA said on Tuesday.