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Japan's rice crisis deepens as market giants scoop best grain
Japan’s rice supply debacle continues as the government is now seeking to lower the price of its stockpiled grain, and focus on discretionary contracts for smaller buyers. However, recent comments from agriculture minister Shinjiro Koizumi have drawn criticism regarding prices, preferential sellingCryptopolitan
Thu, May 29
METALS-London copper inches higher after US court blocks Trump's tariffs
By Brijesh Patel May 29 (Reuters) - London copper prices edged higher on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect, although a stronger dollar kept gains in check.Three-month ...Reuters
Thu, May 29
GRAINS-Wheat rises on poor US crop ratings, ample supply limits gains
CANBERRA, May 29 (Reuters) - Chicago wheat futures rose on Thursday, as lower-than-expected U.S. crop ratings helped prices to recover from a sell-off earlier in the week. However, prices remained near five-year lows amid sluggish demand and expectations that a strong Northern Hemisphere harvest wil...Reuters
Thu, May 29
FACTBOX-Trump's tariffs and threatened trade actions
May 28 (Reuters) - A U.S. trade court on Wednesday blocked President Donald Trump's tariffs from going into effect, ruling the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy. The Trump administrati...Reuters
Thu, May 29
South Korea to send officials to Alaska energy conference, ministry says
SEOUL, May 29 (Reuters) - South Korea will send its Deputy Minister for Energy Policy and other energy ministry officials to the Alaska Sustainable Energy Conference in early June, the ministry said on Thursday, as some Asian countries consider investing in a $44 billion LNG project. Deputy Minis...Reuters
Thu, May 29
GRAINS-Wheat rises on poor US crop ratings, ample supply limits gains
CANBERRA, May 29 (Reuters) - Chicago wheat futures rose on Thursday as lower-than-expected U.S. crop ratings helped prices to recover from a sell-off earlier in the week. However, prices remained near five-year lows amid sluggish demand and expectations that a strong Northern Hemisphere harvest will...Reuters
Thu, May 29
South Korea to send officials to Alaska energy conference, ministry says
SEOUL, May 29 (Reuters) - South Korea will send its Deputy Minister for Energy Policy and other energy ministry officials to the Alaska Sustainable Energy Conference in early June, the ministry said in a statement on Thursday.Reuters
Thu, May 29
Oil prices climb as US court blocks Trump tariffs
By Katya Golubkova TOKYO, May 29 (Reuters) - Oil prices rose on Thursday after a U.S. court blocked President Donald Trump's tariffs from taking effect, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in Jul...Reuters
Thu, May 29
Manitoba urges thousands to evacuate as Canada wildfires spread
Manitoba declares state of emergencyPremier says 17,000 need to move quickly Oil producer Cenovus Energy evacuates non essential workers By Ed White WINNIPEG, Manitoba, May 28 (Reuters) - Manitoba declared a state of emergency and urged thousands of people in northern and eastern parts of the pro...Reuters
Thu, May 29
Trump administration cancels Sunnova's $2.92 billion government loan guarantee
Sunnova no longer using Project Hestia loan guaranteeSunnova has $371 mln in bonds outstanding backed by cancelled guarantee, source says DOE Loan Programs Office faces uncertain future amid budget cutsBy Timothy Gardner and Nichola Groom WASHINGTON, May 28 (Reuters) - President Donald Trump'...Reuters
Thu, May 29
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 29 (Reuters) - Contract Target Support/Resistance Brent oil $65.33/$65.82/$66.12sup $64.54/$64.04Palm oil (3rd month)3,867/3,838/3,814 ringgitres 3,911/3,928 ringgitWTI* $62.86/$63.36sup $62.05/$61.55Spot gold$3,234/3,218res $3,284/$3,304...Reuters
Thu, May 29
China offers Pacific Islands increased support in addressing climate change
BEIJING, May 29 (Reuters) - Chinese Foreign Minister Wang Yi pledged increased support from the world's second-largest economy to Pacific Island countries in addressing climate change, during a summit China's Xiamen on Wednesday, according to a ministry readout. The world's biggest bilat...Reuters
Wed, May 28
US cancels more than $700 million funding for Moderna bird flu vaccine
By Patrick WingroveMay 28 (Reuters) - The Trump administration has canceled a contract awarded to Moderna MRNA.O for the late-stage development of its bird flu vaccine for humans, as well as the right to purchase shots, the drugmaker announced on Wednesday. Shares of Moderna were flat in after-marke...Reuters
Wed, May 28
Canada's Nutrien plans major Pacific Northwest terminal to boost potash exports
May 28 (Reuters) - Fertilizer producer Nutrien NTR.TO said on Wednesday it was planning a major terminal at a Pacific Northwest port and is currently exploring sites in the United States and Canada."Nutrien is reviewing options to increase West Coast port capacity as part of our long-term strate...Reuters
Wed, May 28
COLUMN-What to make of surprisingly low US crop ratings: Braun
By Karen Braun NAPERVILLE, Illinois, May 28 (Reuters) - The U.S. corn crop has gotten off to a somewhat disappointing start in what is supposed to be a record producing season.Meanwhile, U.S. spring wheat is experiencing its second-worst start to the growing season in history after this year’s pl...Reuters
Wed, May 28
LIVESTOCK-CME lean hog futures up as grilling season kicks off
By Renee Hickman CHICAGO, May 28 (Reuters) - Chicago Mercantile Exchange lean hog futures rose on Wednesday for a second day in a row as stronger demand was anticipated with the spring/summer grilling season getting into gear following the Memorial Day holiday in the U.S. CME most actively trade...Reuters
Wed, May 28
US cancels more $700 million funding for Moderna bird flu vaccine
By Patrick WingroveMay 28 (Reuters) - The Trump administration has cancelled a contract awarded to Moderna MRNA.O for the late-stage development of its bird flu vaccine for humans, as well as the right to purchase shots, according to the drugmaker. Moderna in January was awarded $590 million by the ...Reuters
Wed, May 28
CIF/FOB Gulf Grain-Corn barge bids mostly steady to lower
CHICAGO, May 28 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were mostly steady to lower on Wednesday, traders said.U.S. corn export sales are beginning to slow after demand has been strong, brokers said, noting that some Asian buyers are increasingly booking Brazi...Reuters
Wed, May 28
IG4 Capital in talks to invest in Brazil's Rio Alto Energias, say sources
By Luciana Magalhaes and Leticia FucuchimaSAO PAULO, May 28 (Reuters) - A new fund managed by private equity firm IG4 Capital is in advanced talks with creditors of Brazilian renewable power company Rio Alto Energias Renovaveis RIOS3.SA to restructure and invest in its operations, two people familia...Reuters
Wed, May 28
