News
Important Only
US Cash Grains-Corn bids steady-firmer, US crop weather looks benign
CHICAGO, June 6 (Reuters) - Spot basis bids for U.S. corn were mostly flat to stronger at Midwestern grain elevators and processing plants on Friday, extending a trend in the cash market, dealers said.The basis rose by 2 cents at an elevator in Council Bluffs, Iowa, and by 5 cents at a port facility...Reuters
Fri, Jun 6
US Cash Crude-Grades mixed on expected dip in future supply, weakened refinery demand
June 6 (Reuters) - Grades were mixed on Friday, dealers said, as domestic supplies are set to slip while refining demand was also expected to fall. U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023...Reuters
Fri, Jun 6
Trump administration approves coal mine expansion to boost Asia exports
WASHINGTON, June 6 (Reuters) - The U.S. Interior Department approved a plan by Signal Peak Energy to expand coal mining, providing exports for Japan and South Korea, the agency said on Friday, as it responded to President Donald Trump's energy-emergency directives.The approval authorizes the Mon...Reuters
Fri, Jun 6
Missouri probes false report about screwworm pest that hurt US cattle prices
By Tom Polansek June 6 (Reuters) - Missouri authorities are investigating a fake press release about the damaging livestock pest New World screwworm that sparked a selloff in U.S. cattle futures markets last week, the state's agriculture department said on Friday.U.S. agriculture officials an...Reuters
Fri, Jun 6
US Plains HRW Wheat-Basis bids unchanged as rain slows harvesting
CHICAGO, June 6 (Reuters) - Spot basis bids for hard red winter (HRW) wheat remained steady in the southern U.S. Plains on Friday as rain impeded early harvesting, grain dealers said.Forecasts for continued rainfall could potentially threaten the crop's quality, a broker said.The U.S. Department...Reuters
Fri, Jun 6
US oil/gas rig count falls for 6th week to 2021 lows, Baker Hughes says
By Scott DiSavino June 6 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count,...Reuters
Fri, Jun 6
EXCLUSIVE-US suspends licenses to ship nuclear plant parts to China, sources say
Nuclear equipment suppliers include Emerson, WestinghouseSuspensions come amid two-week blitz of restrictions on exports to ChinaShipments of hydraulic fluid, jet engines among broad swathe of items affectedRestrictions imposed during tense U.S.-China trade warBy Karen Freifeld and Fanny Potkin J...Reuters
Fri, Jun 6
CBOT soybeans rise on US-China trade optimism
CHICAGO, June 6 (Reuters) - Chicago Board of Trade soybean futures closed higher on Friday on optimism about U.S. trade relations with top global soy buyer China after leaders of the two countries spoke and agreed to further discussions, and as soyoil futures climbed 1.8% to a one-week top, traders ...Reuters
Fri, Jun 6
Crude climbs on US jobs report, China talks
Brent, WTI poised to finish the week higherU.S. jobs report shows unemployment steady at 4.2%Trade negotiations continue with ChinaU.S. oil, gas rigs hit lowest level since November 2021By Erwin Seba HOUSTON, June 6 (Reuters) - Crude rose more than $1 a barrel on Friday, posting its first weekly ...Reuters
Fri, Jun 6
ICE canola futures break higher to end week flat
WINNIPEG, Manitoba, June 6 (Reuters) - ICE canola futures rose on spillover optimism from Chicago on Friday after U.S. President Donald Trump said he had a cheery trade chat with the Chinese president.• The week ended near the same point it began, at $710, with midweek weakness failing to provoke a ...Reuters
Fri, Jun 6
CBOT corn ends higher on weather risk, U.S-China trade optimism
CHICAGO, June 6 (Reuters) - Chicago Board of Trade corn futures ended higher on Friday on weather conditions in parts of the central U.S. and buoyed by news that U.S. President Donald Trump and Chinese leader Xi Jinping held a call to iron out trade disputes between the world's two largest econo...Reuters
Fri, Jun 6
GRAINS-Chicago grains firm on US weather, US-China trade optimism
Trump, Xi agree to more talks as trade disputes brewWheat market underpinned by Russia-Ukraine tensionsUS Weather conditions supported grainsBy Renee Hickman CHICAGO, June 6 (Reuters) - Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after lea...Reuters
Fri, Jun 6
Brazil authorities rule out suspected bird flu case at commercial farm
PORTO ALEGRE, June 6 (Reuters) - Brazil's Rio Grande do Sul state Agriculture Secretariat on Friday ruled out another suspected bird flu case at a commercial chicken farm in the town of Teutonia, after laboratory test results came back negative.The farm is located in Rio Grande do Sul state, the...Reuters
Fri, Jun 6
ADVISORY-Alerts on bankruptcy incorrectly coded to Mosaic Co withdrawn
Alerts on fintech platform Solar Mosaic filing for Chapter 11 bankruptcy were incorrectly coded and sourced to Mosaic Co MOS.N, an unrelated company, and have been withdrawn.For the correctly coded alerts, click nFWN3S90SXSTORY_NUMBER: nFWN3S90SWSTORY_DATE: 06/06/2025STORY_TIME: 07:17:13 PM GMTReuters
Fri, Jun 6
U.S. nuclear power plant outages
June 6 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Fri, Jun 6
US declares Biden fuel economy rules exceeded legal authority
GM, Stellantis have paid significant fuel economy penalties in recent yearsSenators say proposal would save automakers $200 millionProposal is latest move in Washington to make it easier to sell gas-guzzlersBy David Shepardson WASHINGTON, June 6 (Reuters) - The Transportation Department paved the...Reuters
Fri, Jun 6
US natgas prices climb 3% to 4-week high on forecasts for demand to spike in late June
Gas futures up 10% for week on higher demand in late JuneStorage injections over 100 bcf for six weeks in a rowLNG feedgas expected to spike in late JuneBy Scott DiSavino June 6 (Reuters) - U.S. natural gas futures climbed about 3% to a four-week high on Friday on expectations hot weather will so...Reuters
Fri, Jun 6
US ethane vessels stall amid curbs on exports to China
At least 7 ships are anchored or hovering in US Gulf watersOne vessel docks near Houston after heading away from Gulf CoastNo immediate alternative markets for US ethane exports, consultant saysBy Arathy Somasekhar, Georgina McCartney and Trixie YapHOUSTON/SINGAPORE, June 6 (Reuters) - Over half a d...Reuters
Fri, Jun 6
Shell reports June 4 fire at ethylene cracker plant in Pennsylvania
June 6 (Reuters) - Shell PLC SHEL.L on Friday said a fire occurred on June 4 at its ethylene cracker plant in Potter Township, Pennsylvania, and the furnace unit involved remained offline pending an investigation. The fire, which occurred at furnace unit number five in the Shell Pennsylvania Petroch...Reuters
Fri, Jun 6
