Nasdaq Commodities

Russian agricultural consultancy Sovecon has lowered its forecast for Russia's 2023/24 wheat exports to 48.8 million metric tons (mmt) from 49.2 mmt, it said on Wednesday.

Nyrstar said it plans to temporarily close two zinc mines in the U.S. state of Tennessee at the end of November due to weak prices and the impact of inflation.

Vietnam and Mongolia on Wednesday signed a memorandum of understanding on sustainable rice trade, Vietnam's Ministry of Industry and Trade said.

The opinions expressed here are those of the author, a columnist for Reuters. Mining companies in the West are facing two overarching challenges in trying to produce enough metals to enable the energy transition, and at the same time build alternative supply chains to lessen their dependence on China.

Chicago wheat futures rose on Wednesday, with a recent decline in prices expected to boost demand, although strong exports from Russia continued to keep a lid on the market.

Copper prices were steady on Wednesday despite weak manufacturing data from China as cautious investors pared back positions amid an uncertain outlook.

Canada Goose Holdings cut its annual sales forecast on Wednesday, in a sign that a sharp rebound in China was starting to falter and sales in the U.S. stayed under pressure.

Air Asia parent Capital A Berhad on Wednesday said it plans to list on the Nasdaq by entering into a deal with a special purpose acquisition company Aetherium Acquisition Corp.

Thailand still expects rice exports at 8 million metric tons this year, helped by increased global demand and a weak baht, a government official said on Wednesday.

Malaysian palm oil futures gained at the close on Wednesday amid stronger crude oil prices and strength on the Dalian, though concerns over rising stockpiles capped gains.

South Korea's state-backed Agro-Fisheries & Food Trade Corp. has issued an international tender to purchase an estimated 177,000 metric tons of rice, largely from the United States, European traders said on Wednesday.

South Korea’s state-backed Agro-Fisheries & Food Trade Corp. has issued an international tender to purchase an estimated 177,000 metric tons of rice largely to be used from the United States, European traders said on Wednesday.

For the first time in eight years, India's rice output is expected to drop this year, raising the prospect that Prime Minister Narendra Modi's government will extend curbs on exports of the grain to keep a lid on food prices ahead of elections.

India's Adani Wilmar swung to a loss for a second consecutive quarter on Wednesday, as lower edible oil prices continued to offset steady demand, pulling down the value of its sales.

Ukraine will introduce mandatory registration of food export companies aimed at preventing abuses such as tax avoidance in the export of key agrarian goods, the government said in a resolution published on Wednesday.

The Korea Feed Association (KFA) has issued an international tender to purchase up to 136,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Wednesday.

Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the fashion world to reach a new customer base, building in part on demand created by this summer's successful Women's World Cup.

Chinese aluminium smelters in southwestern Yunnan province started cutting a total of 1.15 million metric tons of capacity this week, to comply with curbs expected to last until April, a smelter manager and two analysts said.

Norah Nasimiyu knows the future of Kenya's garment trade, which has employed her for 13 years and helped her put six children through school and university, lies in the hands of the U.S. Congress.

Malaysian palm oil futures traded flat on Wednesday, as concerns over rising stockpiles were offset by stronger crude prices.