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In Michigan’s cherry country, the federal safety net is fraying
Trump's policies impact Michigan cherry farmers' survivalAfter bad weather, USDA forecasts 41% tart cherry crop loss in MichiganVisa delays, ICE fears fuel farm labor shortagesBy P.J. Huffstutter CENTRAL LAKE, MICHIGAN, Aug 16 (Reuters) - The frost came in late April, sliding across the h...Reuters
Sat, Aug 16
Erin becomes a category 2 hurricane, NHC says
Aug 15 (Reuters) - Hurricane Erin has intensified into a category 2 hurricane, the U.S. National Hurricane Center said on Friday.Hurricane Erin is about 250 miles (400 km) east-northeast of Anguilla with maximum sustained winds of 100 mph (160 kmph), the Miami-based forecaster said.The hurricane is ...Reuters
Sat, Aug 16
US Commerce Dept. widens products subject to steel, aluminum tariffs
Aug 15 (Reuters) - The Trump administration on Friday widened the reach of its 50% tariffs on steel and aluminum imports by adding hundreds of derivative products to the list of goods subject to the levies.In a Federal Register notice late on Friday, the Commerce Department said the Bureau of Indust...Reuters
Fri, Aug 15
US Steel's Deadly Clairton Plant Blast Caused By Gas Valve Failure
Aug 15 (Reuters) - Nippon Steel Corp 5401.T:US STEEL: PRELIMINARY INDICATIONS LEAD US TO BELIEVE THAT CLAIRTON EXPLOSION HAPPENED WHEN FLUSHING GAS VALVE, IN PREPARATION FOR PLANNED MAINTENANCEUS STEEL ON CLAIRTON EXPLOSION: REINFORCE THAT INVESTIGATION IS IN EARLY STAGESSource text: [ID:]Reuters
Fri, Aug 15
LIVESTOCK-Cattle rally on tight supplies, rising beef prices
By Karl PlumeCHICAGO, Aug 15 (Reuters) - Chicago Mercantile Exchange cattle futures rallied on Friday on soaring beef prices and tight supplies of cattle as imports from Mexico remain suspended due to the spread of New World screwworm south of the border.The U.S. Department of Agriculture on Friday ...Reuters
Fri, Aug 15
CIF/FOB Gulf Grain-Gulf soy barge bids slump amid sluggish demand
CHICAGO, Aug 15 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals continued to slump on Friday, as a dearth of Chinese buyer demand for U.S. oilseeds weighed on the market, traders said.Gulf basis bids for corn were steady to higher, after a spate of news about U.S. e...Reuters
Fri, Aug 15
CANADA-CRUDE-Discount on Western Canada Select narrows
Aug 15 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 narrowed on Friday.WCS for September delivery in Hardisty, Alberta, settled at $11.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11...Reuters
Fri, Aug 15
US Steel Says Deadly Explosion Likely Caused By Valve Failure - Bloomberg News
Aug 15 (Reuters) - US STEEL SAYS DEADLY EXPLOSION LIKELY CAUSED BY VALVE FAILURE - BLOOMBERG NEWSUS STEEL SAID FRIDAY FATAL BLAST THAT KILLED 2 WORKERS AT CLAIRTON COKE WORKS FACILITY IN PENNSYLVANIA LIKELY CAUSED BY VALVE FAILURE - BLOOMBERG NEWSSource text: https://tinyurl.com/3eappbc3Reuters
Fri, Aug 15
Transit-tech firm Via reveals revenue gains in US IPO filing
By Arasu Kannagi Basil Aug 15 (Reuters) - Via Transportation's revenue rose 27% in the first half of 2025, the transit-tech firm disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New York listing.The company posted a net loss of $37.5 mi...Reuters
Fri, Aug 15
US Plains HRW Wheat-Spot basis bids remain steady
CHICAGO, Aug 15 (Reuters) - Spot basis bids for hard red winter wheat stayed flat in the southern U.S. Plains on Friday.The cash market was largely quiet, though hard red winter wheat had a firm tone at the Gulf this week, grain dealers said.K.C. September hard red winter wheat futures KWU25 ended u...Reuters
Fri, Aug 15
US Cash Crude-WTI Midland gains as WTI's discount to Brent widens
Aug 15 (Reuters) - Cash crude differentials for WTI Midland strengthened on Friday as U.S. crude futures' discount to the international benchmark Brent widened to its most since mid-June. West Texas Intermediate crude futures' (WTI) discount to Brent WTCLc1-LCOc1 widened to as much as minus ...Reuters
Fri, Aug 15
Russia decree opens door for Exxon return to Sakhalin-1 project
MOSCOW, Aug 15 (Reuters) - Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil XOM.N, to regain shares in the Sakhalin-1 oil and gas project.The signing of the decree comes on the day Russian president Vladimir Putin...Reuters
Fri, Aug 15
Trump administration unveils stricter subsidy rules for wind, solar projects
Aug 15 (Reuters) - The U.S. Treasury Department on Friday unveiled stricter rules for how solar and wind projects can qualify for federal tax subsidies that President Donald Trump's new tax and spending law is phasing out over the next two years.The revisions change longstanding definitions for ...Reuters
Fri, Aug 15
Pemex getting Texas refinery ready for 'big block' overhaul, sources say
By Erwin SebaHOUSTON, Aug 15 (Reuters) - Pemex, Mexico's national oil company, is preparing for the "big block" overhaul at its 312,500-barrel-per-day (bpd) Deer Park, Texas, refinery to begin in early October, people familiar with plant operations said on Friday. The refinery's 270,...Reuters
Fri, Aug 15
EXCLUSIVE-US mulled use of Russia icebreakers for gas development ahead of summit-sources
Trump-Putin summit to discuss Ukraine ceasefire and LNG projectAlaska LNG project involves 800-mile pipeline for Asian exportsRussia's nuclear icebreaker vessels crucial for Northern Sea Route accessBy Marwa Rashad and Anna Hirtenstein LONDON, Aug 15 (Reuters) - The United States has had inte...Reuters
Fri, Aug 15
US natgas prices climb 3% on near-record LNG exports, hotter weather forecasts
Near-record LNG exports drive demand despite near-record outputGas stockpiles at 6% above normal levels, and risingTropical Storm Erin may cool US East Coast, affecting gas demand and pricesBy Scott DiSavino Aug 15 (Reuters) - U.S. natural gas futures climbed about 3% on Friday on near-record flo...Reuters
Fri, Aug 15
US mulls Rosneft, Lukoil sanctions if Putin balks on ceasefire, Bloomberg News reports
Aug 15 (Reuters) - The United States is weighing the threat of sanctions against Russian oil companies Rosneft ROSN.MM and Lukoil LKOH.MM as part of a menu of options to push President Vladimir Putin to accept a ceasefire with Ukraine, Bloomberg News reported on Friday, citing people familiar with t...Reuters
Fri, Aug 15
Oil settled nearly $1 lower as Trump-Putin talks loom
Traders watch for progress in Trump-Putin talksWeaker Chinese data raises fuel demand concernsProjected oil market surplus weighs on price sentimentBy Arathy Somasekhar HOUSTON, Aug 15 (Reuters) - Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Tr...Reuters
Fri, Aug 15
USDA to build Texas facility to fight flesh-eating screwworms
By Tom Polansek and Leah Douglas Aug 15 (Reuters) - The U.S. Department of Agriculture will spend up to $750 million to build a facility in Texas that produces sterile flies to fight the flesh-eating livestock pest New World screwworm, Secretary Brooke Rollins said on Friday.The plan signals incr...Reuters
Fri, Aug 15
