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LIVESTOCK-Rally in US cash market sends CME cattle futures soaring
By P.J. HuffstutterCHICAGO, April 29 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures surged to fresh contract highs on Tuesday, as cash prices remained elevated and beef supplies limited going into the U.S. grilling season, market analysts said.Meanwhile, CME lean hog contract...Reuters
Tue, Apr 29
GRAINS-Chicago grains, soy futures drop as U.S. planting pace accelerates
Favorable South American weather eases some crop concernsU.S. corn, soybean planting pace surpasses five-year averageTrade tensions with China cloud U.S. export prospectsBy P.J. Huffstutter CHICAGO, April 29 (Reuters) - Chicago corn and soybean futures ended lower on a volatile day of trading Tue...Reuters
Tue, Apr 29
ICE canola futures decline on vegoil weakness
WINNIPEG, Manitoba, April 29 (Reuters) - ICE canola futures fell in sympathy with other vegoils on Tuesday, with the Canadian election result having little impact.• July canola RSN5 settled down $9.40 at $687 per metric ton. November RSX5 dropped $10.50 to $650.40.• Traders said the re-election of C...Reuters
Tue, Apr 29
Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook
By Scott DiSavino NEW YORK, April 29 (Reuters) - Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried U.S. President Donald Trump's tariffs would hit the global economy and slow demand for the fuel.Brent crude futures LCOc1 fell by $1...Reuters
Tue, Apr 29
US natgas prices edge up to 2-week high on decline in daily output
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 1% below five-year averageBy Scott DiSavino April 29 (Reuters) - U.S. natural gas futures edged up about 1% to a two-week high on Monday as a bullish drop in dail...Reuters
Tue, Apr 29
US soybean futures fall on trade concerns, US planting pace
CHICAGO, April 29 (Reuters) - Chicago Board of Trade soybean futures closed lower on a volatile day on Tuesday, amid strained trade relations between the U.S. and top trade markets and as U.S. farmers raced to plant their fields, traders said.CBOT July soybeans SN25 closed down 9-3/4 cents at $10.52...Reuters
Tue, Apr 29
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
