Nasdaq Commodities

Chicago wheat futures fell on Wednesday, after confirmation of the second large Chinese purchase of U.S. wheat in two days drove prices to their highest since August in the previous session.

Smithfield Foods said on Tuesday it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.

The U.S. judge overseeing thousands of lawsuits over toxic "forever chemicals" on Tuesday warned that any water utility that opts out of proposed settlements with 3M, DuPont de Nemours and others may have to wait a decade to resolve their individual cases.

Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy.

Chicago Board of Trade wheat futures rallied on Tuesday, extending a six-day ascent to highs not seen in three months, after the U.S. government announced another hefty private sale of U.S. wheat to China.

Coffee graders working for the Intercontinental Exchange (ICE) rejected 41% of the arabica coffee lots sent to the exchange's warehouses to be certified for delivery against futures contracts in a new grading round, ICE said on Tuesday.

Air New Zealand said on Wednesday it had ordered one of U.S.-based BETA Technologies' all-electric five-seat ALIA planes as its first next-generation aircraft as part of a longer-term plan to lower carbon emissions on short domestic flights.

A former chief executive officer at U.S. oil refiner Citgo Petroleum [PDVSAC.UL] helped alleged Venezuelan drug trafficker Carlos Orense move money in the mid-2000s, a witness at Orense's trial in New York testified this week.

Raw sugar futures on ICE closed sharply lower on Tuesday as funds liquidated long positions against the backdrop of a strong flow of supplies from Brazil, while coffee recovered from losses earlier in the session.

Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 180,000 metric tons of wheat in an international tender.

A federal judge considering the U.S. Justice Department's bid to block JetBlue Airways' proposed $3.8 billion acquisition of Spirit Airlines raised the possibility on Tuesday of letting the deal proceed if JetBlue divests more assets as the antitrust trial wrapped up.

Chicago wheat futures rallied on Tuesday, extending a six-day ascent to highs not seen in more than three months, after the U.S. government announced another hefty private sale of U.S. wheat to China.

The World Health Organisation urged governments on Tuesday to increase taxes on alcoholic drinks and impose them on products that are currently exempt, such as wine in some European countries.

Milan-based private equity firm Nextalia is preparing to file a joint bid with rival NB Renaissance for Verisem, two sources close to the matter said, after the Rome government stopped China-owned Syngenta from buying the Italian seed producer.

The Brazilian unit of fertilizer maker Yara will start producing "green ammonia" in the South American country before it does so in Europe, Marcelo Altieri, president of the local operation, told a press conference on Tuesday.

Algeria’s state grains agency OAIC is believed to have purchased durum wheat in an international tender which closed on Tuesday, European traders said.

Soft wheat exports from the European Union since the start of the 2023/24 season in July had reached 12.52 million metric tons by Dec. 3, down 18% compared with 15.26 million a year earlier, data published by the European Commission showed on Tuesday.

The Brazilian unit of fertilizer maker Yara will start producing "green ammonia" in the South American country before it does so in Europe, Marcelo Altieri, president of the local operation, told a press conference on Tuesday.

Raw sugar futures on ICE were sharply lower on Tuesday as funds liquidated long positions against the backdrop of a strong flow of supplies from Brazil while coffee and cocoa prices also fell.

Six of the world's largest dairy companies will soon begin disclosing their methane emissions as part of a new global alliance launched at the United Nations climate summit in Dubai on Tuesday.