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GRAINS-Soybeans hit seven-week low; corn eases, wheat climbs
By Julie Ingwersen CHICAGO, June 2 (Reuters) - Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies and generally favorable crop weather, analysts said.Corn futures followed soybeans lower. But whe...Reuters
Mon, Jun 2
EXCLUSIVE-FEMA staff confused after head said he was unaware of US hurricane season, sources say
Agency head Richardson made comment on second day of hurricane seasonRichardson said no changes to agency's disaster plan this yearFEMA cuts have raised concern about agency capacity to respond to natural disastersBy Leah Douglas, Ted Hesson and Nathan Layne WASHINGTON, June 2 (Reuters) - Sta...Reuters
Mon, Jun 2
Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged
OPEC+ to raise output by 411,000 bpd in JulyUS dollar weakens on fresh tariff threatsCanadian thermal oil sands operators shut production due to wildfiresBy Nicole Jao NEW YORK, June 2 (Reuters) - Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to acc...Reuters
Mon, Jun 2
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; wildfires affect production
June 2 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday but remained in historically tight territory as wildfires affected Canadian oil production.WCS for July delivery in Hardisty, Alberta, settled a...Reuters
Mon, Jun 2
US Cash Grains-Soybean, corn basis bids jump at elevators, processors
CHICAGO, June 2 (Reuters) - Spot soybean and corn basis bids jumped at some elevators and processors in the U.S. Midwest on Monday, dealers said.Farmers continue to be reluctant to sell crops as they wrap up plantings and try to assess how growing conditions may look during the summer, they said.The...Reuters
Mon, Jun 2
Chiquita Panama to lay off remaining workers after management leaves country
PANAMA CITY, June 2 (Reuters) - Chiquita Panama's administrative staff have left the country and the firm will seek authorization from the government to sack its remaining personnel in Panama, the nation's labor minister said on Monday. The news comes after the company fired some 5,000 worke...Reuters
Mon, Jun 2
Ukraine's attacks cut power to whole of Russia-controlled parts of Zaporizhzhia, Russian agencies report
June 3 (Reuters) - The whole part of the Zaporizhzhia region controlled by Russia has lost power as a result of attacks by Ukrainian forces, Russia's news agencies reported early on Tuesday. "As a result of shelling by the Ukrainian Armed Forces, high-voltage equipment was damaged in the nor...Reuters
Mon, Jun 2
Chiquita Panama to lay off remaining workers after management leaves country
PANAMA CITY, June 2 (Reuters) - Chiquita Panama's administrative staff have left the country and the firm will seek authorization from the government to sack its remaining personnel in Panama, the nation's labor minister said on Monday. The news comes after the company fired some 5,000 worke...Reuters
Mon, Jun 2
EXCLUSIVE-FEMA staff confused after head said he was unaware of US hurricane season, sources say
Agency head Richardson made comment on second day of hurricane seasonRichardson said no changes to agency's disaster plan this yearFEMA cuts have raised concern about agency capacity to respond to natural disastersBy Leah Douglas, Ted Hesson and Nathan Layne WASHINGTON, June 2 (Reuters) - Sta...Reuters
Mon, Jun 2
US Cash Crude-Grades broadly slip as traders brace for more OPEC+ barrels
June 2 (Reuters) - Grades broadly fell on Monday, dealers said, as traders braced for a jump in global crude supplies. The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels per day for July as it looks to wrestle back market sha...Reuters
Mon, Jun 2
Trinidad's Atlantic LNG increases production in May
By Curtis Williams HOUSTON, June 2 (Reuters) - Exports of liquefied natural gas from Trinidad and Tobago's flagship Atlantic LNG export facility increased by 43% in May compared to April, according to LSEG preliminary ship tracking data.Trinidad is Latin America's largest LNG exporter and...Reuters
Mon, Jun 2
CBOT wheat ends higher on Black Sea tensions, softer dollar
CHICAGO, June 2 (Reuters) - Chicago Board of Trade wheat futures closed higher on Monday as rising tensions in the Black Sea region, a weaker U.S. dollar and some uncertainty about global production prospects triggered speculative short-covering, traders said.Commodity funds hold a large net short p...Reuters
Mon, Jun 2
Panama removes over 650 ships from registry amid sanctions, stricter rules
By Elida MorenoPANAMA CITY, June 2 (Reuters) - Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said on Monday. A total of 214 vessels have been withdraw...Reuters
Mon, Jun 2
U.S. nuclear power plant outages
June 2 (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
Mon, Jun 2
ICE canola futures hit by weakness in Chicago soyoil
WINNIPEG, Manitoba, June 2 (Reuters) - ICE canola futures succumbed to the downdraft from Chicago soyoil on Monday, dropping beneath $700 for the first time in over a month.• July canola RSN5 settled down $24.50 at $686.60 per metric ton. November RSX5 settled down $20.70 at $667.90, further tighten...Reuters
Mon, Jun 2
Cenovus declares force majeure on Christina Lake Dil-bit heavy crude supply due to wildfires
HOUSTON, June 2 (Reuters) - Canadian oil producer Cenovus Energy CVE.TO declared force majeure on its supply of Christina Lake Dil-bit heavy crude due to wildfires in the oil-producing province of Alberta, two trading sources said. Companies declare force majeure when unexpected circumstances preven...Reuters
Mon, Jun 2
CBOT corn ends lower on soy weakness, benign US crop weather
CHICAGO, June 2 (Reuters) - Chicago Board of Trade corn futures declined on Monday on spillover weakness from soybeans and as generally favorable crop weather bolstered early U.S. production prospects, traders said.CBOT July corn CN25 settled down 5-3/4 cents at $4.38-1/4 per bushel after touching $...Reuters
Mon, Jun 2
Flights at Newark airport likely to be boosted next week, FAA says
By David Shepardson June 2 (Reuters) - The Federal Aviation Administration said it plans to boost the number of flights at Newark Liberty International Airport next week after a runway reopened on Monday nearly two weeks ahead of schedule.Acting FAA Administrator Chris Rocheleau said at a press c...Reuters
Mon, Jun 2
