Nasdaq Commodities

Malaysian palm oil futures reversed early gains to end lower on Tuesday as traders weighed expectations of rising production against improving export demand.

British airline easyJet has cancelled 350 flights arriving to or departing from Portugal due to a five-day cabin staff strike scheduled for later this month, the SNPVAC union of civil aviation flight personnel said late on Monday.

China will "severely crack down" on illegal activities related to the use of assisted reproductive technologies such as the buying or selling of sperm or eggs and surrogacy, in a six-month campaign to assuage widespread public concern.

This year's soft wheat crop in France, the European Union's biggest grain producer and exporter, is expected to rise by nearly 4% from last year's, helped by June showers ahead of harvesting, the farm ministry said on Tuesday.

Hungary's farm minister will go to Turkey on Tuesday for talks with his Turkish counterpart about extending the deal that allows Ukraine to export grain from its Black Sea ports, the minister said on Facebook.

Australia's Prime Minister Anthony Albanese said it was important for exporters to gain access to European markets under any EU free trade deal, and he would raise obstacles to an agreement in talks with French President Emmanuel Macron on Tuesday.

Malaysian palm oil futures advanced for a second session on Tuesday as improving export demand and a slower-than-anticipated rise in inventories lifted sentiment.

Prices of nonferrous metals rose on Tuesday as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.

Chicago corn futures lost ground on Tuesday after a weekly U.S. government report showed improvement in crop condition following rains in the Midwest grain belt, while soybeans ticked higher.

Malaysian palm oil futures rose for a second session on Tuesday, underpinned by improving export demand and a slower-than-anticipated rise in inventories.

Prices of most base metals rose on Tuesday as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.

Chicago corn futures lost ground on Tuesday as the condition of the U.S. crop improved with rains in the Midwest grain belt, while soybeans gained ground.

The U.S. corn crop was seemingly fast-tracking to disaster last month amid historically dry weather, but July has so far featured a wetter and cooler pattern for many top-producing states, aiding in recovery.

FXEmpire.com -

U.S. soybean futures rose about 2% on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, traders said.

Canada is against commercial seabed mining in international waters without a comprehensive understanding of its environmental impacts and a robust regulatory regime, the federal government said on Monday.

Shares of Surf Air Mobility are expected to start trading on the New York Stock Exchange during the week of July 24, the electric aviation and regional air travel company said on Monday.

FXEmpire.com -

Raw sugar futures on ICE closed lower on Monday, weighed down by the strong pace of production in the key Centre-South region of Brazil, while cocoa futures were boosted by tight supplies.

FXEmpire.com -