Nasdaq Commodities

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Chicago Board of Trade grain and soybean futures fell to their lowest prices in more than a week on Friday on hopes that U.S. crop weather will improve and Russia will ease its attacks on Ukraine's grain facilities, analysts said.

The United Arab Emirates has banned rice exports and re-exports for four months, including rice of Indian origin, the state news agency WAM reported on Friday.

Friends and family mourned seven Haitian workers killed in a grain silo explosion in southern Brazil during a wake on Friday, as a labor official flagged concerns about a spike in grain storage deaths in one of the world's top food suppliers.

Russian aluminium producer Rusal and the Nigerian government are discussing possible restart of the smelter Alscon in Nigeria which was suspended as loss-making 10 years ago, Rusal said on Friday.

Brazilian and Japanese authorities have agreed that trade bans related to outbreaks of highly pathogenic avian influenza (HPAI) will only apply to municipalities where a case is detected, according to a statement from the agriculture ministry on Friday.

FXEmpire.com - Natural Gas Price Forecast Video for 31.07.23

India has decided to restrict exports of deoiled rice bran until Nov. 30, the government said in a notification on Friday.

India's United Breweries Ltd reported a 15.8% fall in June-quarter profit on Friday, dragged by higher excise duty and costs.

Kering's deal to acquire a 30% stake in Valentino gives the Qatari royal family a foot in the door of a much bigger luxury giant, as they consider further joint investments with the French group to expand their alliance.

FXEmpire.com - Natural Gas Price Forecast Video for 31.07.23

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

New York cocoa futures on ICE steadied off recent 12-year peaks on Thursday but headed for gains of 4% this week as concerns over supplies persist.

Ghana's government has written off half of the 77.6 billion cedis ($7 billion) it owed to the central bank and replaced the remainder with a lower yielding, 15-year bond, three sources with direct knowledge of the transaction told Reuters.

Russian aluminium producer Rusal and the Nigerian government are discussing possible restart of the smelter Alscon in Nigeria which was suspended as loss-making 10 years ago, Rusal said on Friday.

Chicago wheat slid for a third consecutive session on Friday, falling over 2% as improved U.S. production outlook and beneficial crop weather in Argentina weighed on prices.

The Ukrainian president's chief of staff said on Friday Russia was threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were "the methods of terrorists".

Russia's Sovecon agriculture consultancy has raised its wheat harvest forecast for 2023 to 87.1 million metric tons from 86.8 million, it said on Friday.

Drought expanded last week across U.S. corn-growing areas, achieving the second-highest levels for late July in 24 years amid a cooler but drier week.