Nasdaq Commodities

The lowest free-on-board offer presented at an Egyptian state purchasing tender for wheat on Wednesday was $232.5 per metric ton for 60,000 tons of Romanian wheat, traders said.

Polish farmers blocked roads with tractors and flares on Wednesday in escalating protests against EU environmental regulations and cheap food imports from neighbouring Ukraine which the bloc provisionally agreed to prolong.

Futures for Canada's main stock index were little changed on Wednesday, as investors stayed away from placing big bets ahead of the U.S. Federal Reserve's rate decision due later in the day.

Southwest Airlines said on Wednesday it has reached a tentative agreement with its flight attendants' union.

Grain trade association Coceral on Wednesday cut its forecast for this year's soft wheat output in the European Union and Britain by 5.4 million metric tons due to damage caused by heavy rainfall in the region.

China's aviation regulator said on Wednesday its probe into the cause behind the crash of China Eastern flight MU5735 almost two years ago had so far found no issues with the crew, aircraft and weather conditions before the flight.

Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing production growth in March supported prices.

The international tender from Indonesian state purchasing agency Bulog to buy 300,000 metric tons of rice seeks arrival of the grain in Indonesia by May 31, European traders said on Wednesday.

Copper prices retreated further from an 11-month peak on Wednesday, on worries about demand in top metals consumer China while lead slumped after a sharp rise in inventories.

Nickel and tin prices in Shanghai declined on Wednesday, as investors eyed more mining output from main producer Indonesia after it said will accelerate its approval process.

Malaysian palm oil futures rebounded on Wednesday, as expectation of better exports and easing production growth in March supported prices.

China's soybean imports from Brazil surged 211% in the first two months of 2024 compared with a year ago, data showed on Tuesday, as strong harvest and competitive pricing in the South American producer outpaced the United States' market share.

Chicago soybean futures rose on Wednesday, supported by traders unwinding short positions, although a rapidly advancing harvest bumper crop in Brazil curbed gains.

Malaysian palm oil futures rebounded on Wednesday after recent falls, as the market tracked strength in rival Dalian palm oil prices.

Australia and China will prepare for a visit by China's Premier Li Qiang this year, Australia's Foreign Minister Penny Wong said after meeting her Chinese counterpart Wang Yi in Canberra for talks which Australia said covered human rights, tariffs and regional security.

The European Union has reached a provisional agreement on granting Ukrainian food producers tariff-free access to its markets until June 2025, the European Parliament said in a statement on Wednesday.

Chicago soybean futures edged higher on Wednesday as unwinding of short positions by traders supported the market, while wheat firmed on worries over supplies from the Black Sea region.

Following are selected highlights from a report issued by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service (FAS) post in Mexico City:

Japan Airlines is nearing a decision on a potential order of about two dozen wide-body jets with Boeing tipped to win at least part of the multi-billion-dollar deal with its 787 Dreamliner, industry sources said on Tuesday.

America's biggest publicly traded department store chains could be set for private-equity or hedge-funds ownership, dramatically changing the retail landscape in the United States.