Nasdaq Commodities

A sleeping cat hugs a fish in a picture seen from the air, picked out in sprouting rainbow seedlings in a rice field in Thailand to illustrate a traditional proverb about abundance.

Chinese animal feed and hog producer New Hope Liuhe plans to raise 4.2 billion yuan ($589.13 million) by selling majority stakes in two of its units, it said late on Friday, as it seeks to replenish capital after months of losses from pig farming.

Asian fertiliser buyers are seeking alternatives to Chinese supplies on concerns the world's top exporter has become an increasingly unreliable supplier after curbs on shipments to protect its domestic market, buyers and analysts said.

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Chile's state copper company Codelco [COBRE.UL] and lithium producer SQM have agreed to establish a roundtable with indigenous communities amid talks over a possible partnership between the two companies in the Atacama salt flat, Codelco said on Friday.

Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.

U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.

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Brazilian railway and port terminal operator VLI is bracing for a challenging 2024 given the expectation of smaller corn and soybean harvests in the north of Brazil, a key region for the company's shipping operations, a director said.

Large speculators trimmed their net short position in Chicago Board of Trade corn futures in the week to Dec. 12, regulatory data released on Friday showed.

The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022, though the 43.4 million acres of foreign-owned forest and farm land is just 3.4% of the country's agricultural land, said a government report on Friday.

Robusta coffee futures on ICE hit their highest price in at least 15 years on Friday, posting a 12% weekly gain, amid weather worries and as farmers in top producing regions refrain from selling in the hope their beans will fetch higher prices later.

Cooabriel, Brazil's largest robusta coffee co-op, said on Friday that above average temperatures and drier-than-normal weather in the main growing areas in Espirito Santo state will likely have a negative impact on production.

Indigenous protesters on Friday tried to prevent a public hearing on the construction of a railway that is planned to run through their lands to carry grains to a northern port in the Amazon.

India has decided to allow sugar mills to divert up to 1.7 million metric tons of sugar for ethanol production, government and industry officials said on Friday, as New Delhi aims to reduce disruptions in its ambitious biofuel program.

Russia's government has renewed a quota for imports of beef and chicken meat with lower tariffs from Brazil effective Jan. 1, the South American country's agriculture ministry said on Friday.

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Lufthansa will resume flights to Tel Aviv starting Jan. 8, the airline said on Friday, making it the one of the first major international carriers to announce a resumption in service cancelled in October following Hamas attacks.

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Chicago Board of Trade soybean futures sagged on Friday but were poised for their first weekly gain in 1-1/2 months, underpinned by solid demand for U.S. supplies and concerns that dry weather will reduce yields in top-exporter Brazil.