Nasdaq Commodities

Canada's main stock index rose on Thursday boosted by materials stocks, while investors repriced their expectations of the first rate cut to May by the U.S. Federal Reserve.

Argentina's grains exports hit $1.25 billion in January, up 64% versus a year earlier, industry data showed on Thursday, a boost for new libertarian President Javier Milei who sharply devalued the peso currency after taking office in December.

Brazilian farmers will harvest a soybean crop of 150.35 million metric tons in the 2023/2024 cycle, agribusiness consultancy Stonex said on Thursday.

Footwear maker Bata India reported a third consecutive drop in its quarterly profit on Thursday, dragged by sluggish demand and higher expenses.

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

FXEmpire.com - Natural Gas Price Forecast Video for 02-02-2024

Brazilian state-run oil company Petrobras lowered jet fuel prices to distributors by around 0.6% in some key marketing areas such as Guarulhos, Betim, Duque de Caxias and Paulinia, data on the firm's website showed on Thursday.

Ukraine's overall food exports totalled 7.7 million metric tons in January, down 0.3% from December, Ukraine's UCAB business association said on Thursday.

The second-hand market for airplanes is booming due to a chronic shortage that has persisted since the pandemic - and fears are growing that Boeing's latest crisis could tighten the squeeze in coming months.

Bayer CropScience, the Indian unit of German drug and pesticide maker Bayer AG, reported a 31% fall in quarterly profit on Thursday, hurt by sluggish demand for its crop-protection products.

Argentina raised prices for biodiesel and bioethanol, made from corn and sugar cane, which are mandatory for mixing with gasoline in the South American country, two resolutions published in the Official Gazette showed on Thursday.

Futures for Canada's main stock index rose on Thursday after crude prices advanced, while investors repriced their expectations of the first rate cut to May by the U.S. Federal Reserve.

Chicago wheat futures fell on Thursday weighed down by weak demand and falling export prices in Russia, while soybeans and corn also lost ground and were just above multi-year lows on the prospect of ample supply.

France will enshrine in law the principle that it should be self-reliant in food and it will tighten import controls, Prime Minister Gabriel Attal said on Thursday, announcing more measures to quell a bout of unrest by French farmers.

London cocoa futures on ICE rose to a record peak on Thursday, buoyed by tight stocks in Europe, while robusta coffee prices were also higher.

Canada Goose Holdings forecast fourth-quarter revenue above analysts' estimates on Thursday, as the luxury goods maker bets on a sharp rebound in crucial market China to help ride out a slowdown in the U.S.

Ball Corp, missed fourth-quarter revenue estimates on Thursday, hit by a drop in demand for its beverage cans as customers tightened their purse strings. The beer can maker saw weaker volumes in North America, especially in the mass beer segment, facing challenges beyond the impact of the Anheuser-Busch ad boycott issue.

Amer Sports, the maker of the world-renowned Wilson tennis rackets, is set to return to public markets later on Thursday after selling shares at a discounted price in its U.S. initial public offering for a valuation of $6.3 billion.

Copper prices fell in London on Thursday amid the stronger dollar and signals of no U.S. rate cut in March, although tighter supply and positive data from top consumer China lent some support.

Farmers threw eggs and stones at the European Parliament on Thursday, starting fires near the building and setting off fireworks amid protests to press a summit of European Union leaders to do more to help them with taxes and rising costs.