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Brazil briefs China on banned soy cargoes, official says
By Ana ManoSANTOS, April 10 (Reuters) - The Brazilian Agriculture Ministry sent documentation last Monday relative to soybean cargoes halted by China over plant health issues in January, an official said on Thursday.Hugo Caruso, vegetable products inspections director at the ministry, told Reuters o...Reuters
Thu, Apr 10
US Cash Grains-Corn, soy basis rise as farmer selling halts
CHICAGO, April 10 (Reuters) - Spot basis bids for corn and soybeans were steady to higher in the U.S. Midwest on Thursday as nearly nonexistent farmer selling led buyers to raise basis bids, dealers said.* The corn basis rose at an Iowa processor and an Iowa river terminal.* The soy basis rose at an...Reuters
Thu, Apr 10
Restarting coal plants after Trump's executive orders makes no economic sense, report says
April 10 (Reuters) - U.S. President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday.Trum...Reuters
Thu, Apr 10
XAU/USD Forecast: Gold reaches records amid escalating US-China trade war
The bright metal soared on Thursday, hitting a fresh all-time high of $3,175.00 a troy ounce during American trading hours. The US Dollar (USD) plummeted on headlines indicating the trade war unleashed by US President Donald Trump is far from over.
Fxstreet
Thu, Apr 10
EU wheat falls as stronger euro hurts competitiveness
PARIS, April 10 (Reuters) - European wheat futures fell 1.5% on Thursday, as a rally in the euro hampered its competitiveness on world markets and pressured by weakness in Chicago.Benchmark May milling wheat BL2K5 on Paris-based Euronext, settled 1.5% lower at 216.50 euros ($242.00) a metric ton.U.S...Reuters
Thu, Apr 10
US EIA warns of lower oil demand from tariffs and trade uncertainty
NEW YORK, April 10 (Reuters) - Recent developments in global trade policy and oil production are set to lower global oil and fuel demand growth through 2026, the U.S. Energy Information Administration said on Thursday in its monthly short-term energy outlook report.The U.S. Department of Energy'...Reuters
Thu, Apr 10
Trump administration urges states to limit what can be bought with food stamps
By Leah Douglas April 10 (Reuters) - The Trump administration is calling on states to request waivers that would bar food stamp recipients from buying soda and other processed foods with their benefits, according to a Thursday op-ed by U.S. health and agriculture secretaries, Robert F. Kennedy Jr...Reuters
Thu, Apr 10
Relief for Spain's feed makers as EU delays tariff on US corn
MADRID, April 10 (Reuters) - A delay to EU tariffs against U.S. goods has brought respite for Spain's livestock feed sector that has heavily bought U.S. corn this season, including several cargoes currently at sea, the country's feed makers association said.The European Union said earlier on...Reuters
Thu, Apr 10
US natgas output and demand to hit record highs in 2025, EIA says
April 10 (Reuters) - U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Thursday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to...Reuters
Thu, Apr 10
Southbow Says The Damaged Section For Keystone Pipeline Remains Isolated, And 700 Barrels Of Oil Has Been Recovered To Date
April 10 (Reuters) - SOUTHBOW - THE DAMAGED SECTION FOR KEYSTONE PIPELINE REMAINS ISOLATED, AND 700 BARRELS OF OIL HAS BEEN RECOVERED TO DATESOUTHBOW- WE HAVE NOT ESTABLISHED A TIMELINE FOR RESTART AND WILL ONLY RESUME SERVICE WITH REGULATOR APPROVALSSOUTHBOW - OUR TEAMS ARE ACTIVELY INVESTIGATING T...Reuters
Thu, Apr 10
France, Poland finalising bilateral treaty, President Macron says
PARIS, April 10 (Reuters) - France and Poland are finalising a bilateral treaty that will cover defence, energy, nuclear, transport and scientific, linguistic and cultural cooperation, French President Emmanuel Macron said on social media platform X.Macron made the comments after speaking with Polan...Reuters
Thu, Apr 10
Yellen says bond sell-off raised instability threat, influencing Trump tariff U-turn
WASHINGTON, April 10 (Reuters) - Former U.S. Treasury Secretary Janet Yellen said on Thursday that the threat of financial instability prompted by falling prices for U.S. Treasury debt in recent days likely influenced President Donald Trump's decision to reverse course and partially pause his ta...Reuters
Thu, Apr 10
EU wheat falls on euro surge with USDA report in focus
PARIS, April 10 (Reuters) - European wheat futures fell more than 1% on Thursday, curbed by further strength in the euro and weakness in Chicago as traders awaited a U.S. government supply and demand report.Benchmark May milling wheat BL2K5 on Paris-based Euronext, was down 1.5% by 1525 GMT at 216.7...Reuters
Thu, Apr 10
Trump's changing stance on Nippon Steel bid adds confusion, sends US Steel shares lower
Trump on Monday had directed fresh look at Nippon Steel bidNippon Steel made a $14 billion bid for U.S. Steel in 2023Biden rejected the deal in JanuaryBy Andrea Shalal, Chris Sanders WASHINGTON, April 10 (Reuters) - Donald Trump's latest shift on Nippon Steel's 5401.T $14 billion bid for ...Reuters
Thu, Apr 10
US will no longer require green analyses on Western states' oil, gas leases
By Timothy GardnerWASHINGTON, April 10 (Reuters) - The Trump administration said on Thursday that it will no longer require environmental impact statements for oil and gas leases across the U.S. West, in a step toward lifting green hurdles to drilling that environmental groups will likely challenge ...Reuters
Thu, Apr 10
ARA oil product stocks fall 3%, Insights Global data shows
LONDON, April 10 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by more than 3% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 5.89 million metric tons, the data showed.Gasoli...Reuters
Thu, Apr 10
SOFTS -Cocoa falls after Barry Callebaut results and Trump tariffs u-turn
LONDON, April 10 (Reuters) - Cocoa prices fell on Thursday as weaker than expected results from chocolate and cocoa giant Barry Callebaut BARN.S overshadowed U.S. President Donald Trump's widely welcomed move to pause his sweeping trade tariffs for 90 days.The Swiss chocolate maker and cocoa pro...Reuters
Thu, Apr 10
COLUMN-China primes rare earths weapon as trade war escalates: Andy Home
By Andy Home LONDON, April 10 (Reuters) - As U.S. President Donald Trump turns up the tariff heat on China, Beijing is targeting ever more of the United States' critical material supply chains. Weird and wonderful metals such as antimony, gallium and germanium have already been sucked into th...Reuters
Thu, Apr 10
US government forecaster expects neutral weather pattern to persist
By Rahul Paswan April 10 (Reuters) - El Nino-Southern Oscillation, or ENSO, neutral conditions are expected to develop and persist through the Northern Hemisphere summer, with a greater than 50% chance through August-October, the United States' Climate Prediction Center said on Thursday.WHY I...Reuters
Thu, Apr 10
Chilean miner Codelco logging strong Q2 demand from China, chairman says
SANTIAGO, April 10 (Reuters) - Chilean copper giant Codelco is seeing strong demand for the red metal from China in the second quarter, the firm's chairman told Reuters on Thursday. "We're seeing really strong demand from China in this second quarter," Codelco chairman Maximo Pach...Reuters
Thu, Apr 10
Sayona-Piedmont merger forms Elevra Lithium with equal board representation
April 10 (Reuters) - The combined company following Australia-based Sayona Mining's SYA.AX deal to buy Piedmont PLL.O will be known as Elevra Lithium and its board will have four nominees from each of the two firms, the miners said on Thursday.Lithium companies have been reeling from low prices ...Reuters
Thu, Apr 10
US natgas prices slide 3% on lower demand forecasts, ahead of storage report
US LNG export feedgas on track to hit record high in AprilUS gas output on track to slide in April from March recordUS gas inventories on track for rare build in MarchBy Scott DiSavino April 10 (Reuters) - U.S. natural gas futures slid about 3% on Thursday on forecasts for mild weather and lower ...Reuters
Thu, Apr 10
U.S. forecaster sees neutral weather conditions persisting through summer
April 10 (Reuters) - El Niño-Southern Oscillation (ENSO) neutral conditions are expected to develop and persist through the Northern Hemisphere summer, with a greater than 50% chance through August-October 2025, a U.S. government weather forecaster said on Thursday.Reuters
Thu, Apr 10
CBOT Trends-Wheat, corn up 1-2 cents, soy up 3-4
CHICAGO, April 10 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday.NOTE: The U.S. Department of Agriculture's monthly supply and demand report will be released later on Thursday.W...Reuters
Thu, Apr 10