Nasdaq Commodities

Chicago wheat futures edged higher on Thursday, steadying after hitting a three-week low, as the market assessed global supply prospects marked by large Russian exports and war-curtailed shipments from Ukraine.

India's rice stocks were at nearly three times its target at the start of August, two government sources in the world's second biggest producer country said on Thursday.

Tin prices rebounded on Thursday following a mining ban in the world's third largest tin miner Myanmar, but most other industrial metals drifted lower due to a firm dollar and worries about global demand.

Demand for Women's World Cup products has been much higher this year than during previous tournaments, the CEO of German sportswear giant Adidas said on Thursday.

U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes.

Canada Goose Holdings beat Wall Street estimates for quarterly revenue on Thursday, bolstered by strong demand for its high-end parkas in China, as the key luxury market recovered from a pandemic-driven lull.

Malaysian palm oil futures extended early losses on Thursday, hitting its lowest closing since the end of June as it tracked losses in rival edible oils and concerns over sluggish demand.

Indian parboiled rice prices jumped to a record high this week as demand shifted towards the grade after New Delhi banned exports of non-basmati white rice last month to contain local prices, three exporters told Reuters.

Ukrainian grain traders union UGA has increased its 2023 combined grain and oilseed crop forecast for Ukraine by almost eight million metric tons to 76.8 million tons, the union said on Thursday.

Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 86,290 metric tons of food-quality wheat from the United States and Canada in a regular tender that closed on Thursday.

Indian tyremaker MRF reported a more-than-five-fold surge in first-quarter earnings on Thursday, beating estimates, as raw material prices eased and demand for higher-priced vehicles from consumers in urban areas held steady.

Prices of tin jumped on Thursday after the International Tin Association confirmed the ban on mining by Myanmar's ethnic minority Wa militia from Aug. 1.

Adidas sales fell 5% in euro terms in the second quarter but a release of Yeezy shoes helped its profit margin increase, narrowing a projected loss, the sportswear giant said on Thursday, confirming figures released last week.

Malaysian palm oil futures slipped on Thursday for a seventh session in eight, weighed down by losses in rival edible oils and concerns over sluggish demand.

German airline group Deutsche Lufthansa on Thursday said it expected high demand for travel, especially in premium classes, to continue for the rest of the year as it reported a jump in second-quarter revenue and profits.

Malaysian palm oil futures eased on Thursday, declining for a seventh session in eight as they tracked losses in rival oils, although a weaker ringgit capped losses.

London copper prices rebounded on Thursday after the previous session's sell-off sparked by the downgrading of the U.S. credit rating, but gains were capped by a steady dollar.

Chicago wheat futures slid on Thursday, as expectations of strong exports from Russia eased some of the concerns arising from attacks on Ukrainian port.

The United States and Mongolia will sign an "Open Skies" civil aviation agreement, Vice President Kamala Harris and Mongolian Prime Minister L. Oyun-Erdene said on Wednesday at the start of discussions focused on Russia, China and economic development.

LATAM Airlines expects "record" net earnings in 2023 after posting stronger second-quarter results and improved forecasts, company executives said on Wednesday, hoping to bolster investor confidence after the company's exit from bankruptcy in November.