News
Important Only
ICE canola ends higher on supply-driven worries
May 20 (Reuters) - ICE canola futures rose on Tuesday following Monday's Canadian market holiday, led by the nearby July contract on concerns about tightening old-crop supplies of the oilseed due to brisk demand, traders said.• July canola RSN5 settled up $15.60 at $718.30 per metric ton while n...Reuters
Tue, May 20
US Cash Crude-Coastal grades ease for second straight session
May 20 (Reuters) - Coastal grades eased for a second day on Tuesday, dealers said, as demand for U.S. exports weakened and European and Asian countries looked set to seek more barrels from OPEC+ producers as they raise output.Mars eased 10 cents, while Southern Green Canyon eased 30 cents. WTI Midla...Reuters
Tue, May 20
Iran faces U.S. without Plan B as nuclear red lines collide
Differences over enrichment put nuclear talks in balanceNo deal would expose Iran to sanctions, military threat, unrestIran would strengthen ties with China, Russia, officials sayBy Parisa Hafezi and John Irish DUBAI/PARIS, May 20 (Reuters) - While rising U.S.-Iran tensions over Tehran's uran...Reuters
Tue, May 20
US natgas prices jump 10% on lower output, higher demand and technical buying
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavinoMay 20 (Reuters) - U.S. natural gas futures soared about 10% on Tuesday on a decline in daily output, forecasts for more demand next week, long-term forec...Reuters
Tue, May 20
US oil futures ease after API reports surprise increase in domestic crude stocks
Investing.com -- U.S. crude oil futures slipped below post-settlement levels Tuesday after the American Petroleum Institute reported an unexpected increase in weekly domestic crude stockpiles.Crude OiInvesting.com
Tue, May 20
LIVESTOCK-CME cattle futures mixed as US supply report looms
CHICAGO, May 20 (Reuters) - Chicago Mercantile Exchange live and feeder cattle were mixed on Tuesday, as market participants adjusted their positions ahead of a monthly government report that is expected to show fewer cattle in U.S. feedlots compared to a year ago, traders said.CME August live cattl...Reuters
Tue, May 20
EU, Britain go ahead with new Russia sanctions without waiting for Trump
Sanctions target shadow fleet of oil tankers, financial firmsZelenskiy urges more pressure on Russia for ceasefireRussia says it rejects ultimatumsItalian PM says Pope willing to host talksBy Andrew Gray, Sam Tabahriti and Susan Heavey BRUSSELS/LONDON/WASHINGTON May 20 (Reuters) - The EU and Brit...Reuters
Tue, May 20
US expected to declare Biden fuel economy rules exceeded legal authority
By David Shepardson WASHINGTON, May 19 (Reuters) - The U.S. Transportation Department is expected to declare that fuel economy rules issued under then President Joe Biden exceeded the government's legal authority by including electric vehicles in setting the rules, automaker officials said Mo...Reuters
Tue, May 20
GRAINS-CBOT wheat extends rally on crop rating drop, Chinese heat wave concerns
Weaker dollar, US crop rating decline boost wheat futuresChina's heat wave raises questions about winter wheat crops in key provincesHeavy rains in Argentina cause flooding, affect soy fieldsBy P.J. Huffstutter CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to a two-w...Reuters
Tue, May 20
CBOT wheat closes higher on short-covering, decline in US crop rating
CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week, market analysts said.CBOT July soft red winter wheat WN25 c...Reuters
Tue, May 20
CBOT soybeans close on South American crop questions, spillover support from corn and wheat
CHICAGO, May 20 (Reuters) - Chicago Board of Trade soybean futures turned higher on Tuesday amid short-covering and choppy trading, as market participants tried to glean information about whether recent rains have caused material damage to South America's crop.Soybeans also gained spillover supp...Reuters
Tue, May 20
Oil prices little changed on geopolitical uncertainty, weak China demand signals
Iran opposes US demand to stop enriching uraniumEU and Britain announce new sanctions against RussiaUpcoming: US oil inventory data from API and EIABy Scott DiSavino NEW YORK, May 20 (Reuters) - Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukra...Reuters
Tue, May 20
Chicago corn futures rise as wheat rally fuels market
CHICAGO, May 20 (Reuters) - Chicago Board of Trade corn futures hit a one-week high on Tuesday, following a rally in the wheat market, as traders watched for news about U.S. trade talks, market analysts said.CBOT July corn CN25 settled up 7 cents at $4.54-1/2 a bushel. December corn CZ25, which repr...Reuters
Tue, May 20
Brazil chicken exporters brace for cargo rejections amid bird flu outbreak
China among nations to reject chicken cargos in transit amid bird flu outbreak Brazilian meat processors to deal with additional logistics costsSome chicken cargos in transit may be redirected, meat lobby saysBy Ana Mano and Roberto Samora SAO PAULO, May 20 (Reuters) - Countries, including China,...Reuters
Tue, May 20
PRECIOUS-Gold firms as dollar slips further, geopolitical uncertainty lingers
EU, Britain impose sanctions on Russia, call for ceasefirePlatinum hits highest since October 2024Palladium up over 4% By Sarah Qureshi May 20 (Reuters) - Gold prices rose more than 1% on Tuesday as the U.S. dollar weakened further and stocks slipped amid uncertainty over U.S. tariff policy and a...Reuters
Tue, May 20
US Plains HRW Wheat-Basis bids mostly steady as higher futures spark light farmer sales
CHICAGO, May 20 (Reuters) - Spot basis bids for hard red winter (HRW) wheat held mostly steady at elevators and mills around the southern U.S. Plains on Tuesday on moderate demand and scattered farmer selling, dealers said.Rising futures prices sparked some light, scattered farmer sales for a second...Reuters
Tue, May 20
LME WEEK-Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say
By Hongmei Li and Lewis Jackson HONG KONG, May 20 (Reuters) - Flat fees for turning copper concentrate into metal have emerged as a potential starting point for mid-year talks between Antofagasta ANTO.L and Chinese smelters due to tight supplies of mined material, two sources familiar with the ma...Reuters
Tue, May 20
