Nasdaq Commodities

Lenders to India's Go First are looking to seek an extension of the insolvency process by another 60 days amid interest from potential suitors, two banking sources said.

Argentina's farm regions are set for a heat wave over the next week, followed by rains that will douse the northern, western and southern regions, but largely miss the center-east zone, the Buenos Aires grains exchange said on Wednesday.

London cocoa futures on ICE hit a record high on Wednesday, extending the market's prolonged advance on tightening stocks after poor crops in West Africa.

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

India's major wheat-growing areas in the north, as well as other parts of the country, could experience above normal temperatures in February, India's state-run weather office said on Wednesday, raising concerns about crop yields.

Nigeria's central bank said it had cleared the entire backlog of verified claims owed to foreign airlines whose payments had been blocked in the country, but airline association IATA said another $700 million of owed money remained in Nigerian banks.

Copper prices held steady on Wednesday but came under pressure from data showing contraction in manufacturing activity in China and a stronger dollar ahead of an interest rate decision from the U.S. Federal Reserve later in the day.

Sugarcane crushing in Brazil's center-south is expected to reach 622.1 million metric tons in 2024/25, agribusiness consultancy StoneX said on Wednesday, lowering the forecast it made in November by 1% due to low rainfall in both December and January.

Chicago soybean, corn and wheat futures eased on Wednesday after a day-earlier rebound as renewed concerns about Chinese demand put the focus back on swelling global supplies.

Swedish miner Boliden's plans to shrink operations and reduce targeted output at its Tara zinc mine in Ireland when it restarts this year, a source close to the matter told Reuters.

Cocoa farmgate prices rose to the highest level on record in Cameroon on Wednesday, pushed up by tightening global supply due to production shortfalls in top growers Ivory Coast and Ghana.

London cocoa futures on ICE rose to a record high on Wednesday, extending the market's prolonged advance with stocks tightening following poor crops in West Africa this season.

India's northwestern states could experience above normal temperatures in February, India's state-run weather office said on Wednesday, raising concerns about the critical wheat crop.

The Indian sugar industry on Wednesday urged the government to allow more sugar to be diverted for the production of ethanol, citing improved supply after unseasonable rainfall in key cane-growing states in November and December.

The European Commission on Wednesday proposed measures to limit agricultural imports from Ukraine and offer greater flexibility on rules for fallow land in a bid to quell protests by angry farmers in France and other EU members.

The European Commission proposed on Wednesday measures to limit agricultural imports from Ukraine and offer greater flexibility on fallow land rules in a bid to quell protests by angry farmers in France and other EU members.

Vietnam has committed to supply the Philippines with 1.5 to 2 million metric tons of rice annually under an agreement signed this week, the Philippine agriculture department said Wednesday.

French and Belgian farmers set up dozens of blockades on highways and on access roads to a major container port on Wednesday to press governments to ease environmental rules and protect them from rising costs and cheap imports.

When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was carrying cargo for retailers and clothing brands including Walmart, H&M, Adidas and ASOS, import and shipping data shows. On Dec. 17, it turned south to circumnavigate Africa's Cape of Good Hope, after Maersk paused sending vessels to the Suez through the Red Sea, where Houthi attacks on shipping have triggered delays, costs and uncertainty across global consumer and retail markets.

EU regulators should demand major concessions from airline mergers that hit competition or even block deals, EU travel agents and passenger groups said on Wednesday, underscoring concerns over deals involving Lufthansa and IAG.