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US health secretary says new pharmaceutical advertising policy coming
WASHINGTON, May 14 (Reuters) - U.S. health secretary Robert F. Kennedy Jr. said on Wednesday that he expects to present a new policy on pharmaceutical company advertising within weeks. "I'm working very hard on this issue, and we expect to come out with a policy within the next few weeks...
Reuters
Wed, May 14
Middle swath of North America at risk of power shortfalls this summer, regulator says
By Laila KearneyMay 14 (Reuters) - The middle section of the U.S. and Canada could have a shortfall of electricity this summer if higher-than-normal forecasted temperatures drive up demand as a changing mix of power supplies increases reliability risks, the organization overseeing the area's gri...
Reuters
Wed, May 14
CBOT soybeans near 10-month high on demand expectations
CHICAGO, May 14 (Reuters) - Chicago Board of Trade soybean futures reached their highest level in nearly 10 months on Wednesday on expectations for increased demand for exports and use in biofuels, analysts said.Soybeans Sv1 advanced for five consecutive sessions in the most-active contract, support...
Reuters
Wed, May 14
ICE canola futures weaken against soyoil
WINNIPEG, Manitoba, May 14 (Reuters) - ICE canola futures were mixed on Wednesday as the market digested what U.S. biofuels policies and the U.S.-China trade deal could mean for U.S. soybeans.• July canola RSN5 settled down $7.80 at $721.50 per metric ton. November RSX5 settled up $2.30 at $692.10.•...
Reuters
Wed, May 14
CBOT corn bounces after most-active contract neared five-month low
CHICAGO, May 14 (Reuters) - Chicago Board of Trade corn futures ended mixed on Wednesday as the most-active contract Cv1 rebounded from a nearly five-month low reached during the previous session.Traders are monitoring forecasts for U.S. crop weather amid concerns about the risk for unfavorable summ...
Reuters
Wed, May 14
US natgas prices fall 4% to one-week low on forecasst for less demand
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 DiSavino May 14 (Reuters) - U.S. natural gas futures fell about 4% to a one-week low on Wednesday on a smaller-than-expected output decline this week and forec...
Reuters
Wed, May 14
PRECIOUS-Gold prices fall to over one-month low as trade optimism rises
U.S President Trump says potential deals with India, Japan and South Korea in the worksGold's downside target at $3,136/oz, then $3,073- analystU.S. producer price index data due on ThursdayBy Sarah Qureshi May 14 (Reuters) - Gold prices dropped more than 2% on Wednesday, hitting an over one-...
Reuters
Wed, May 14
Wood Mackenzie sees challenges meeting gas power demand over next 15 years
May 14 (Reuters) - The gas turbine market might have trouble satisfying strong demand in the next 15 years due to manufacturing constraints, rising costs and competition from renewables, energy research firm Wood Mackenzie said in a report on Wednesday.Wood Mackenzie expects new gas-fired generation...
Reuters
Wed, May 14
Tallgrass Announces Agreement For New Pipeline From Permian Basin to Rockies Express
May 14 (Reuters) - TALLGRASS:ANNOUNCES EXECUTION OF ANCHOR SHIPPER PRECEDENT AGREEMENTS FOR A NEW PIPELINE SAYS PIPELINE WILL TRANSPORT NATURAL GAS FROM MULTIPLE POINTS OF RECEIPT IN PERMIAN BASIN TO ROCKIES EXPRESS PIPELINE AND OTHER POINTS OF DELIVERYSAYS PIPELINE PROJECT IS DESIGNED TO BE CAPABLE...
Reuters
Wed, May 14
Gold price tumbles below $3,200 on trade optimism and rising US yields
Gold price plummeted for the second day out of three on Wednesday, driven mainly by an improvement in risk appetite following positive trade news linked to the United States (US).
Gold
Fxstreet
Wed, May 14
US Cash Grains-Spot corn basis mostly steady to higher, soybean basis mostly steady to lower
CHICAGO, May 14 (Reuters) - Spot basis bids for corn were mostly steady to higher at U.S. Midwest processors, river terminals and ethanol plants on Wednesday. Spot basis bids for soybeans were mostly steady to lower at elevators and processors. The corn basis rose by 3 cents at a processor in Cedar ...
Reuters
Wed, May 14
GRAINS-Soybeans hit nearly 10-month high on biofuel and trade hopes
By Tom Polansek CHICAGO, May 14 (Reuters) - Chicago Board of Trade soybean futures set a nearly 10-month high on Wednesday as the truce in the U.S.-China tariff dispute and a proposal to extend a U.S. biofuel tax credit boosted hopes for demand.Corn futures were mixed, while wheat rebounded from ...
Reuters
Wed, May 14
EU wheat holds above lows with Algeria tender in focus
PARIS, May 14 (Reuters) - Euronext wheat edged higher on Wednesday to hold above contract lows as traders assessed initial reports of a large import purchase by Algeria.September milling wheat BL2U5, the most active position on Paris-based Euronext, unofficially was up 0.4% at 205.25 euros a metric ...
Reuters
Wed, May 14
Europe Gasoline/Naphtha-Gasoline refining margins climb on lower stocks
LONDON, May 14 (Reuters) - Northwest European gasoline profit margins rose by nearly $1 to $14.84 a barrel on Wednesday after sharp losses in the previous session, supported by lower US inventories. A total of 7,000 metric tons of Eurobob E5 barges traded in the Argus window on Wednesday, with Gunvo...
Reuters
Wed, May 14
INSIGHT-Rogue communication devices found in Chinese solar power inverters
Rogue communication devices found in Chinese solar invertersUndocumented cellular radios also found in Chinese batteries U.S. says continually assesses risk with emerging technologyU.S. working to integrate 'trusted equipment' into the gridBy Sarah McFarlane LONDON, May 14 (Reuters) - U.S...
Reuters
Wed, May 14
METALS-US-China tariff pause drives base metals towards early April price levels
By Ashitha Shivaprasad and Polina Devitt May 14 (Reuters) - Copper, aluminium and zinc prices rose to their highest since early April on Wednesday as a 90-day pause agreed by Beijing and Washington on most of their tit-for-tat tariffs raised risk appetite in growth-dependent metals, for now.Bench...
Reuters
Wed, May 14
Brazil corn output forecast at 125 mln metric tons, association president says
By Oliver GriffinBRASILIA, May 14 (Reuters) - Brazil's corn output is forecast to hit around 125 million metric tons in the 2024/25 crop, Paulo Bertolini, president of Abramilho, the Brazilian Association of Corn and Sorghum Producers, said on Wednesday, adding that the ethanol industry's co...
Reuters
Wed, May 14
US to rescind rule that lowered solar, wind project fees on federal land
May 14 (Reuters) - The Trump administration took steps to rescind a Biden-era regulation that lowered fees for renewable energy projects on federal lands, saying the rule unfairly favored development of wind and solar facilities.The Interior Department said in a press release on Tuesday that the Whi...
Reuters
Wed, May 14
Gold breaks $3200 as Chinese ETF inflows stall – TDS
Gold fell below $3200/oz as a pause in Chinese ETF flows and geopolitical optimism triggered a pullback—but underlying support from central banks and institutional inertia keeps downside risk asymmetric, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold
Fxstreet
Wed, May 14
EXCLUSIVE-TenneT in talks with funds to sell up to $13 billion stake in German unit, sources say
Non-binding bids due mid-June, sources sayApollo, Macquarie, GIP among interested parties, sources sayTenneT Germany has 27.8 billion euros regulated asset base, presentation showsBy Christoph Steitz, Andres Gonzalez and Emma-Victoria Farr FRANKFURT/LONDON, May 14 (Reuters) - State-owned Dutch po...
Reuters
Wed, May 14
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