Nasdaq Commodities

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.

Malaysian palm oil futures fell for the third straight session on Tuesday, weighed down by weakness in rival vegetable oils in the Dalian and Chicago futures markets.

The Korea Feed Association (KFA) is believed to have purchased an estimated 65,000 metric tons of animal feed corn in an international tender which closed on Tuesday, European traders said.

British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in spending on non-essential items, the British Retail Consortium said on Tuesday.

BASF and Vattenfall will partner up on German offshore wind farms Nordlicht 1 and 2, the companies said on Tuesday in a joint statement.

Clothing retailer Quiz on Tuesday warned its annual revenue would miss market estimates after weak 'Black Friday' sales and sluggish consumer demand, prompting a strategic review and sending its shares sharply lower.

Greek olive grower Panagiotis Tsafaras has been forced to patrol his groves twice a day recently to fend off thieves trying to steal the crop as prices rise during a poor harvest.

UK clothing retailer Quiz said on Tuesday its annual revenue would be about 6%-8% lower than market estimates, citing weaker-than-expected Black Friday sales and tepid consumer demand amid a cost-of-living squeeze.

Countries at the COP28 climate conference are considering calling for a phase-out of fossil fuels as part of the U.N. summit's final deal, according to a draft negotiating text seen on Tuesday.

Base metals prices mostly declined on Tuesday, as a steady dollar made greenback-priced commodities more expensive to holders of other currencies.