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CBOT corn dips as US planting accelerates
CHICAGO, April 29 (Reuters) - Chicago Board of Trade corn futures ended lower on Tuesday, pressured by the fast pace of U.S. planting and favorable crop weather in South America, market analysts said.CBOT July corn CN25 ended down 13 cents at $4.70-1/4 per bushel.The most-active contract on a contin...Reuters
Tue, Apr 29
PRECIOUS-Gold falls as trade tensions soften, US data on tap
Trump to reduce impact of auto tariffs, commerce secretary saysPCE data Wednesday, monthly non-farm payrolls report on FridayPalladium down over 1% By Anjana Anil and Sarah Qureshi April 29 (Reuters) - Gold fell nearly 1% on Tuesday as signals of easing U.S.-China trade tensions reduced some safe...Reuters
Tue, Apr 29
Vale studying alternatives for nickel assets amid challenging scenario
SAO PAULO, April 29 (Reuters) - Brazilian miner Vale VALE3.SA is studying alternatives for its nickel portfolio including selling, making partnerships or idling assets, as the market faces a challenging short-term scenario, Chief Executive Gustavo Pimenta said on Tuesday.Pimenta told reporters in Ri...Reuters
Tue, Apr 29
Three killed, two injured in accident at LNG construction site in Texas
HOUSTON, April 29 (Reuters) - Three people were killed and two others injured in an accident at an LNG plant under construction in Texas on Tuesday, according to the lead contractor, Bechtel.The fatal incident occurred at Sempra's SRE.N Port Arthur LNG construction site, according to Bechtel.The...Reuters
Tue, Apr 29
Gold set to glitter again as dollar fightback to fade, fed rate cuts incoming: UBS
investing.com -- Gold has taken a breather, but is likely to return to winning ways as the dollar’s fightback against the bears isn’t likely to last very long, with the Fed expected to cut rates laterInvesting.com
Tue, Apr 29
Deep-sea mining company becomes first to ask Trump for international permit
Trump's order aims to boost U.S. access to critical mineralsEnvironmental groups warn of irreversible biodiversity lossCongressional hearing shows partisan divide on deep-sea miningBy Ernest Scheyder April 29 (Reuters) - Deep-sea mining firm The Metals Co TMC.N asked the Trump administrat...Reuters
Tue, Apr 29
Brazil's Mato Grosso farmers sue global grain traders over soy moratorium agreement
SAO PAULO, April 29 (Reuters) - Brazil's Mato Grosso farmers lobby Aprosoja-MT has filed a lawsuit against global grain companies over Brazil's so-called "soy moratorium," a voluntary agreement by traders which bans the purchase of soybeans from areas of the Amazon deforested after 2...Reuters
Tue, Apr 29
CME to launch new Black Sea wheat contract in June
PARIS, April 29 (Reuters) - CME Group CME.O will launch a new Black Sea wheat futures contract in June that will track export prices in Romania and Bulgaria, the financial markets operator said on Tuesday. The announcement, which confirms the contract plans reported by Reuters in March , m...Reuters
Tue, Apr 29
Three killed, two injured in accident at LNG construction site in Texas
HOUSTON, April 29 (Reuters) - Three people were killed and two others injured in an accident at a LNG plant under construction in Texas on Tuesday, according to the lead contractor Bechtel.The fatal incident occurred at Sempra's SRE.N Port Arthur LNG construction site, according to Bechtel.Reuters
Tue, Apr 29
Utility Entergy beats profit estimate on growing power demand, lower costs
Company posts higher residential and industrial salesFirst-quarter revenue up 2% on higher electric, natural gas salesAffirms full-year adjusted earnings forecast Plans to expand nuclear capacityBy Vallari Srivastava and Laila Kearney April 29 (Reuters) - U.S. ele...Reuters
Tue, Apr 29
CME to launch new Black Sea wheat contract in June
PARIS, April 29 (Reuters) - CME Group CME.O will launch a new Black Sea wheat futures contract in June that will track export prices in Romania and Bulgaria, the financial markets operator said on Tuesday.The new product, which is subject to regulatory approval, will be linked to Argus Media's i...Reuters
Tue, Apr 29
Corporation for Public Broadcasting sues to block Trump from firing three board members
WASHINGTON, April 29 (Reuters) - The Corporation for Public Broadcasting, which distributes funding to PBS and NPR stations, sued the White House late Monday after President Donald Trump sought to fire three of its five board members.The nonprofit corporation, which was created by Congress in 1967, ...Reuters
Tue, Apr 29
Electric utility Entergy eyes adding more nuclear power in U.S. South
By Laila KearneyNEW YORK, April 29 (Reuters) - U.S. electric utility Entergy ETR.N is looking to expand its nuclear power output by upgrading its existing plants across the U.S. South while it considers advanced nuclear technologies, company executives said on Tuesday.U.S. nuclear power, which is vi...Reuters
Tue, Apr 29
EU wheat stuck at lows as harvest optimism outweighs export hopes
April 29 - Euronext wheat edged down to new contract lows on Tuesday as favourable crop conditions in much of the Northern Hemisphere kept attention on ample supply and tempered talk of low prices stirring export demand for French wheat.September wheat BL2U5, the most active position on Euronext'...Reuters
Tue, Apr 29
US Cash Grains-Corn bids mixed, soy flat as planting progresses
CHICAGO, April 29 (Reuters) - Spot basis bids for corn were mixed while soybean basis bids were flat in the U.S. Midwest on Tuesday as selling remained slow and farmers remained focused on ongoing fieldwork, dealers said.Spot corn basis bids rose at an Ohio elevator and an Iowa ethanol plant and dec...Reuters
Tue, Apr 29
Europe Gasoline/Naphtha-Gasoline margins hold steady
LONDON, April 29 (Reuters) - Northwest European gasoline profit margins were broadly steady on Tuesday, holding near their highest since early August, even as Spanish refineries that were hit by a widespread power blackout began to return online. Trafigura and Litasco sold Eurobob E5 barges to BMV ...Reuters
Tue, Apr 29
EXPLAINER-What could be behind the Iberian power outage?
By Nina Chestney LONDON, April 29 (Reuters) - The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. CYBER ATTACK?Spanish grid operator ...Reuters
Tue, Apr 29
EU wheat stuck near lows as harvest optimism outweighs export hopes
April 29 - Euronext wheat hovered near contract lows on Tuesday as favourable crop conditions in much of the Northern Hemisphere kept attention on ample supply and tempered talk of low prices stirring export demand for French wheat.September wheat BL2U5, the most active position on Euronext's Pa...Reuters
Tue, Apr 29
Entergy eyes adding more nuclear power in U.S. South
NEW YORK, April 29 (Reuters) - U.S. electric utility Entergy ETR.N is looking to expand its nuclear power output by upgrading its existing plants, while it considers advanced nuclear technologies in its territory across the U.S. South, company executives said on Tuesday.U.S. nuclear power, which is...Reuters
Tue, Apr 29
METALS-China demand drives up copper prices ahead of national holiday
By Polina Devitt LONDON, April 29 (Reuters) - Copper prices rose on Tuesday due to high demand from top consumer China ahead of its May holiday, concerns about tight nearby regional supply, and a stronger yuan currency.Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up 0...Reuters
Tue, Apr 29
