Nasdaq Commodities

Malaysian palm oil futures slid on Tuesday as weak export data pressured the contract, however strength in rival vegetable oils and expectation of lower production capped losses.

Dairy producer Arla said on Tuesday that sales could slip this year after a flat 2023 as European consumers continue to cut back spending, although it sees some signs of improving demand.

Greek farmers were expected to drive into Athens with tractors on Tuesday to protest outside parliament over the impact of rising energy costs, competition from abroad and recent flooding.

Ground staff at German airline Lufthansa walked off the job at major airports on Tuesday in their second strike this month, raising pressure in wage talks due to continue on Wednesday.

Ukraine's combined grain and oilseeds exports rose to 3.1 million metric tons in Feb. 1-15 from 2.2 million tons in the same period in January, the Ukrainian traders' union UGA said on Tuesday.

India's rapeseed and mustard output is likely to reach a record high in 2024 due to an expansion in the planted area and favourable weather conditions in key producing states, industry officials said.

Polish farmers will step up protests on the border with Ukraine on Tuesday, blocking almost all traffic in what they say is a bid to save their livelihoods but which Kyiv says is damaging its war effort.

Ukraine's combined grain and oilseeds exports rose to 3.1 million metric tons in Feb. 1-15 from 2.2 million tons in the same period in January, the Ukrainian traders' union UGA said on Tuesday.

Greek farmers were expected to drive into Athens with tractors on Tuesday to protest outside parliament over rising energy costs, competition from abroad and for extra financial aid to tackle the impact of recent flooding.

Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is looking to buy a total of 115,921 metric tons of food-quality wheat from the U.S., Canada and Australia in a regular tender that will close on Thursday.

Embraer is less affected than some other companies by issues with Pratt & Whitney engines but not immune, a senior executive at the Brazilian planemaker said on Tuesday.

Britain's antitrust regulator said it would scrutinise the country's infant formula market after prices soared by 25% over the last two years.

Saudi Arabia's new airline, Riyadh Air, plans to be operating commercially by the end of the first half of 2025, chief operating officer Peter Bellew said on Tuesday on the sidelines of the Singapore Airshow.

Royal Brunei Airlines has placed a firm order for four Boeing 787-9 Dreamliner planes for delivery from the second half of 2028, the carrier's chief executive said on Tuesday.

Malaysian palm oil futures rose for a second session on Tuesday, tracking rival vegetable oils higher, but concerns over weak exports capped gains.

Malaysia's exports rose more than expected in January from a year earlier, boosted by higher shipments of manufactured goods, the trade ministry said on Tuesday.

Chicago soybean futures gained more ground on Tuesday, with the market climbing to its highest level in almost one week on the back of short-covering, although rising global supplies kept a lid on prices.

Singapore on Tuesday kicked off Asia's biggest aviation gathering with orders for China's COMAC and Boeing planes as the industry grapples with a rebound in post-pandemic travel demand in the face of severe supply constraints.

Burberry's creative director, Daniel Lee, on Monday showed his third brief at London Fashion Week, which is celebrating its 40th anniversary, with an ode to the brand's outdoor heritage for the luxury house's autumn-winter 2024 collection.

Speculators have been net sellers across U.S. grain and oilseed futures for nine consecutive weeks, coinciding with a heavy easing in prices, and fresh lows came in the following days amid bearish government supply outlooks through 2025.