Nasdaq Commodities

Chicago wheat edged higher on Tuesday in a technical recovery from a day-earlier slide, with traders watching to see if recent price lows will stir export demand.

In Texas, oil and gas producer Occidental Petroleum is constructing a giant facility to suck 500,000 tonnes of carbon dioxide out of the atmosphere annually to keep it from warming the climate, a project backed by hundreds of millions of dollars from investment firm BlackRock.

On a small farm outside Havana, a Cuban family-run business produces gluten-free flour from banana, coconut and yucca, preferring locally-sourced ingredients to pricey imports as Cubans seek innovative solutions to a growing food crisis.

Malaysian palm oil futures ticked up on Tuesday after range-bound trade, supported by strength in rival edible oils, although poor demand and expectations of declining production kept the contract near a two-week low.

Ukrainian farmers have almost completed their winter crop sowing, seeding about 5.96 million hectares as of Nov. 28, the country's agriculture ministry said on Tuesday.

Sugar beet production in France is expected to reach 31.5 million metric tons this year, up from about 31 million in 2022, growers group CGB said on Tuesday.

France has detected an outbreak of highly pathogenic bird flu virus on a turkey farm in the northwest of the country, the agriculture ministry said on Tuesday, as a seasonal wave of infections spreads across Europe.

The Taiwan Flour Millers' Association has issued an international tender to purchase up to 109,325 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said on Tuesday.

France has detected an outbreak of highly pathogenic bird flu virus on a turkey farm in the northwest of the country, the agriculture ministry said on Tuesday, as a seasonal wave of infections spreads across Europe.

Russian Agriculture Minister Dmitry Patrushev on Tuesday forecast grain exports of over 65 million metric tons in the 2023-24 season, the Russian news agency Interfax reported.

EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts' expectations after a year of robust travel demand and forward bookings, but the British carrier said geopolitical instability would weigh on the current quarter.

Pets at Home Group said on Tuesday its like-for-like retail growth was about 4% in the early weeks of the third quarter, as Britons gear up for the Christmas season and continue to spend on their furry friends.

Pets at Home Group said on Tuesday its like-for-like retail growth came in at nearly 4% in the early weeks of the third quarter, as Britons gear up for the Christmas season and continue to spend on their furry friends.

Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced optionally from the United States, South America or South Africa, European traders said on Tuesday.

World Trade Organization's (WTO) dispute settlement body has agreed to establish a panel to review countervailing duties imposed by the European Union (EU) on imports of biodiesel from Indonesia, the global trade body said late on Monday.

Tin prices in Shanghai fell to a seven-month low on Tuesday due to adequate supply and subdued demand, offsetting support from a weak U.S. dollar.

Malaysian palm oil futures edged up on Tuesday in range-bound trading, underpinned by a rise rival edible oils as traders weighed fears of declining production against a stronger ringgit.

Chicago wheat rose for the first time in three sessions on Tuesday as bargain buying supported the market although improved health of the U.S. winter crop limited the upside potential in prices.

Copper prices in London climbed on Tuesday as the dollar slid to a three-month low, making the greenback-priced commodity cheaper for buyers, although gains were limited by soft demand outlook in top consumer China.

Chicago wheat rose for the first time in three sessions on Tuesday as bargain buying supporting the market, although improved health of the U.S. winter crop capped the upside potential in prices.