News
Important Only
CBOT soybeans falter on weak export demand
CHICAGO, April 15 (Reuters) - Chicago Board of Trade soybean futures fell on Tuesday, a day after hitting a seven-week high, under pressure from weak demand from top buyer China amid an escalating trade war and Brazil's bumper soybean harvest.CBOT May soybeans SK25 settled down 5-3/4 cents at $1...Reuters
Tue, Apr 15
Arkansas, Indiana ask USDA to let them ban soda, candy from food stamps program
By Leah Douglas April 15 (Reuters) - Arkansas and Indiana on Tuesday became the first states to ask the U.S. Department of Agriculture to allow them to ban soda and candy from the Supplemental Nutrition Assistance Program, also known as food stamps.Agriculture Secretary Brooke Rollins, with the s...Reuters
Tue, Apr 15
US natgas prices hold near 9-week low on rising output, lower demand
US gas used to produce power falls to near three-year lowUS gas output and demand will both peak in 2032US LNG export feedgas on track to hit record high in AprilUS gas output on track to hit record high in AprilUS gas storage about 4% below five-year averageBy Scott DiSavino April 15 (Reuters) -...Reuters
Tue, Apr 15
Trump exempts dozens of coal plants from mercury, air toxics limits
By Valerie Volcovici WASHINGTON, April 15 (Reuters) - The Trump administration has exempted 47 companies from regulations to curb mercury and air toxics for their coal-fired power plants for two years, according to a list of facilities published by the Environmental Protection Agency on Tuesday.T...Reuters
Tue, Apr 15
SOFTS-Coffee rallies on tight stocks, raw sugar hits 2-1/2 year lows
NEW YORK, April 15 (Reuters) - Coffee prices rose on Tuesday as investor focus returned to extremely tight stocks and relief in wider markets after U.S. President Donald Trump's latest changes in tariff policy , while raw sugar hit the lowest price in more than two years. Investo...Reuters
Tue, Apr 15
EXCLUSIVE-Mali shuts Barrick Gold's Bamako office over alleged non-payment of taxes
Barrick office closure escalates tensions between company and governmentBarrick signed agreement in February, says Mali failed to execute itMali has been blocking Barrick's gold exports since NovemberBy Portia Crowe DAKAR, April 15 (Reuters) - Malian authorities have shut the Canadian miner B...Reuters
Tue, Apr 15
PRECIOUS-Gold climbs as softer dollar, tariff tensions buoy demand
Gold hit record high of $3,245.42 on MondayDollar languishes near three-year lowPalladium rises more than 1%By Brijesh Patel April 15 (Reuters) - Gold prices gained on Tuesday, helped by safe-haven demand as U.S. President Donald Trump's uncertain tariff plans kept investors on edge, while an...Reuters
Tue, Apr 15
US natgas output and demand to peak in 2032, EIA says
Output to peak at 119.0 bcfd in 2032 vs 103.6 bcfd record high in 2023 Demand to peak at 92.4 bcfd in 2032 vs 90.5 bcfd record in 2024LNG exports to peak at 26.8 bcfd in 2040 vs 11.9 bcfd record in 2024 By Scott DiSavinoApril 15 (Reuters) - U.S. natural gas output and demand will both peak in 2032, ...Reuters
Tue, Apr 15
DTE Energy To Invest Additional $4 Billion In Renewable Energy Over Next Several Years
April 15 (Reuters) - DTE Energy Co DTE.N:DTE ENERGY BREAKS GROUND ON NEW SOLAR PARK TO HELP MEET FORD MOTOR COMPANY’S NEEDS FOR 100% CARBON-FREE AND RENEWABLE ENERGYDTE ENERGY CO - TO INVEST ADDITIONAL $4 BILLION IN RENEWABLE ENERGY OVER NEXT SEVERAL YEARSReuters
Tue, Apr 15
Environmental groups lose court challenge to Alaska LNG exports
By Nate Raymond April 15 (Reuters) - A federal appeals court on Tuesday rejected a challenge by environmental groups to a decision by Democratic former President Joe Biden's administration approving exports from a planned $39 billion liquefied natural gas project in Alaska.A three-judge panel...Reuters
Tue, Apr 15
Chile, Canada and Peru push back against Trump's copper tariff probe
Chile, Canada and Peru are top copper suppliers to USTrump has ordered tariff probe into US copper importsFreeport-McMoRan warns global trade war would hurt economyBy Daina Beth Solomon SANTIAGO, April 15 (Reuters) - Chile, Canada and Peru - three of the largest copper suppliers to the United Sta...Reuters
Tue, Apr 15
GRAINS-Soybeans slip from highs on weak export demand, trade tensions
Soy pulls back from recent high on weak export demandCorn rally peters out on unimpressive demandWheat falls on predictions of rain relief in the U.S. PlainsBy Heather Schlitz CHICAGO, April 15 (Reuters) - Chicago soybean futures fell on Tuesday, a day after hitting a seven-week high, under press...Reuters
Tue, Apr 15
Citi sees copper prices falling slower as U.S. tariffs ease
April 15 (Reuters) - Citi forecast on Tuesday a slower drop in copper prices over the next three months, noting that U.S. President Donald Trump relaxed tariffs over the past week, China has bought on dips, and scrap supply remains tight due to U.S. stockpiling. "All point to a more...Reuters
Tue, Apr 15
Barrick Gold Continues Good Faith Engagement With Malian Government
April 15 (Reuters) - Barrick Gold Corp ABX.TO:BARRICK CALLS FOR RESPONSIBLE LEADERSHIP AS MALI SITUATION ESCALATESBARRICK GOLD CORP - CONTINUES GOOD FAITH ENGAGEMENT WITH MALIAN GOVERNMENTBARRICK GOLD CORP - MALIAN GOVERNMENT CLOSES BARRICK'S BAMAKO OFFICEBARRICK GOLD CORP - PREPARED TO PURSUE I...Reuters
Tue, Apr 15
China's Cofco hiring dozens in farm powerhouse Brazil
By Roberto Samora SAO PAULO, April 15 (Reuters) - Cofco International, which is building its biggest export port terminal in the world in Brazil, said on Tuesday China's state-run food group is recruiting dozens in the South American farm powerhouse.The move underscores the im...Reuters
Tue, Apr 15
CORRECTED-Exxon consortium to begin installation of floating oil facility in Guyana
GEORGETOWN, April 15 (Reuters) - A consortium led by Exxon Mobil is about to begin the installation of its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday.Reuters
Tue, Apr 15
Euro strength sends Paris wheat down to contract lows
PARIS/HAMBURG, April 15 (Reuters) - European wheat plummeted to contract lows on Tuesday as a firm euro and strong competition from Black Sea origins continued to weigh on sentiment.Benchmark May milling wheat BL2K5 on Paris-based Euronext, closed 1.5% lower at 210.25 euros ($236.87) a metric ton af...Reuters
Tue, Apr 15
Europe Gasoline/Naphtha-Gasoline margins rise
LONDON, April 15 (Reuters) - Northwest European gasoline refining profit rose by nearly 50 cents a barrel on Tuesday as demand increased in the barge market. A total of 9,100 metric tons of Eurobob E5 traded, with BP and Trafigura selling to Litasco, BMV and TotalEnergies.Another 14,000 tons of Euro...Reuters
Tue, Apr 15
US crude oil output to peak by 2027, EIA projects
NEW YORK, April 15 (Reuters) - U.S. oil production will peak at 14-million-barrels-per-day (bpd) in 2027, hold near that level through the end of the decade, and then rapidly decline, the U.S. Energy Information Administration (EIA) said on Tuesday.Oil output from the world's largest producer wi...Reuters
Tue, Apr 15
USDA projects sugar crops for Australia, Dominican Republic and El Salvador
April 15 (Reuters) - Following are selected highlights from reports issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) posts in Canberra, Santo Domingo and San Salvador:AUSTRALIA"Australia's sugar production is forecast to decline to 3.8 million metric tons...Reuters
Tue, Apr 15
SOFTS-Coffee rallies on tight stocks and wider relief over tariff reprieves
LONDON, April 15 (Reuters) - Coffee prices rose on Tuesday as investor focus returned to extremely tight stocks and relief in wider markets after U.S. President Donald Trump's latest changes in tariff policy.Investors remain concerned that a global trade war could weaken economic growth, but maj...Reuters
Tue, Apr 15
REFILE-SOFTS-Coffee rallies on tight stocks and wider relief over tariff reprieves
LONDON, April 15 (Reuters) - Coffee prices rose on Tuesday as investor focus returned to extremely tight stocks and relief in wider markets after U.S. President Donald Trump's latest changes in tariff policy.Investors remain concerned that a global trade war could weaken economic growth, but maj...Reuters
Tue, Apr 15
US Cash Grains-Corn basis bids soften in Midwest
CHICAGO, April 15 (Reuters) - Spot basis bids for corn eased at some Midwestern grain facilities on Tuesday, while soy bids were mostly flat, dealers said.* The corn basis slipped at a grain elevator in Cincinnati, Ohio; a river terminal near Davenport, Iowa; and at an ethanol plant in Union City, I...Reuters
Tue, Apr 15
Arkansas asks USDA to let it ban soda, candy from food stamps program
April 15 (Reuters) - Arkansas on Tuesday became the first state to ask the U.S. Department of Agriculture to allow it to ban soda and candy from the Supplemental Nutrition Assistance Program, also known as food stamps.Reuters
Tue, Apr 15