News
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CIF/FOB Gulf Grain-Soybean barge bids stabilize after recent drop
CHICAGO, Aug 20 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were mostly steady on Wednesday after a recent slide fueled by a lack of Chinese buying, traders said. FOB offers extended a decline.China, the world's biggest soybean importer, has bought soybeans ...Reuters
Wed, Aug 20
LIVESTOCK-Cattle futures continue rally on constrained supply
By Heather Schlitz CHICAGO, Aug 20 (Reuters) - Chicago Mercantile Exchange cattle futures rose for the fourth session in a row on Wednesday, as a continued tight supply of cattle and resilient consumer demand for beef boosted futures, traders said.Ahead of the U.S. Department of Agriculture's...Reuters
Wed, Aug 20
Axa XL adds veteran underwriter Judd to energy transition team
By Keira WingateAug 20 - (The Insurer) - Axa XL has expanded its Americas energy transition underwriting team with the hire of industry veteran Eric Judd as executive underwriter in New York.Judd, who has over three decades of experience in the insurance and energy sectors, previously held senior ro...Reuters
Wed, Aug 20
US appeals court sides with medical marijuana users in challenge to gun ban
By Nate Raymond Aug 20 (Reuters) - A U.S. appeals court ruled on Wednesday that a federal law that bars illegal drug users from owning guns potentially could be deemed unconstitutional when it is applied to medical marijuana users.A three-judge panel of the Atlanta-based 11th U.S. Circuit Court o...Reuters
Wed, Aug 20
US appeals court sides with medical marijuana users in challenge to gun ban
By Nate Raymond Aug 20 (Reuters) - A U.S. appeals court ruled on Wednesday that a federal law that bars illegal drug users from owning guns potentially could be deemed unconstitutional when it is applied to medical marijuana users.A three-judge panel of the Atlanta-based 11th U.S. Circuit Court o...Reuters
Wed, Aug 20
US Plains HRW Wheat-Basis bids mostly unchanged in slow post-harvest trading
CHICAGO, Aug 20 (Reuters) - Spot basis bids for hard red winter wheat were mostly steady around the southern U.S. Plains on Wednesday in slow trading since the harvest recently wrapped up as demand was light and futures held near unchanged, grain merchants said.Farmer sales have remained slow since ...Reuters
Wed, Aug 20
SOFTS-Arabica coffee hits 2-1/2-month peak, sugar also up
LONDON, Aug 20 (Reuters) - Arabica coffee futures on ICE settled at a 2-1/2-month high on Wednesday as speculative buying supported the market against a backdrop of low stocks and disruptions to global trade caused by the imposition of a 50% tariff on U.S. imports from Brazil.COFFEE* Arabica coffee ...Reuters
Wed, Aug 20
Illinois AG faces another lawsuit over use of outside lawyers
By Diana Novak Jones Aug 20 (Reuters) - A pair of New Jersey energy companies facing enforcement actions brought by Illinois Attorney General Kwame Raoul are the latest to sue him over his office’s use of private law firms to pursue state business.In a lawsuit filed Wednesday in federal court in ...Reuters
Wed, Aug 20
Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
US crude inventories drop by 6 million barrels, exceeding forecastsUncertainty over Ukraine peace talks affects oil price volatilityTrump says US may provide air support to back a Ukraine dealBy Scott DiSavino NEW YORK, Aug 20 (Reuters) - Oil prices climbed about 2% on Wednesday on a bigger-than-...Reuters
Wed, Aug 20
ICE canola futures rise in range-bound trade
WINNIPEG, Manitoba, Aug 20 (Reuters) - ICE canola futures rose on Wednesday but stayed within the nearby range with little news to move the market.• November canola RSX5 settled up $3.10 at $649.10 per metric ton. January RSF6 settled up $2.70 at $660.20. • Rains in many parts of the Canadian prairi...Reuters
Wed, Aug 20
Peru's gold exports to China through June overtake all 2024
LIMA, Aug 20 (Reuters) - Peru's gold exports to China surged in the first half of 2025 to surpass shipments from all of last year, according to government data released in August. WHY IT'S IMPORTANTGlobal appetite for gold is rising amid trade tensions between the U.S. and China. Pric...Reuters
Wed, Aug 20
US natgas prices ease to nine-month low on record output, ample fuel in storage
Gas stockpiles at 6% above normal levels, and risingRecord output, ample storage offset demand increaseAtlantic storms unlikely to impact US gas productionBy Scott DiSavino Aug 20 (Reuters) - U.S. natural gas futures eased about 1% to a nine-month low on Wednesday on near-record output and ample ...Reuters
Wed, Aug 20
GRAINS-Soybeans, corn choppy as traders eye crop tour results
Corn and soy seesaw as industry monitors crop tour resultsWheat recovers from contract lows on bout of short coveringBy Heather Schlitz CHICAGO, Aug 20 (Reuters) - Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that in...Reuters
Wed, Aug 20
CBOT wheat strengthens on short covering
CHICAGO, Aug 20 (Reuters) - Chicago Board of Trade wheat futures recovered on a bout of short covering after hitting lifetime lows as futures bounced off technical resistance levels.Wheat prices remain near a five-year low, pressured by ample global supply amid rising expectations for Russia's 2...Reuters
Wed, Aug 20
Natural Gas Pipeline Co Declares Force Majeure On Gulf Coast Mainline South Of CS341
Aug 20 (Reuters) - KINDER MORGAN'S NATURAL GAS PIPELINE COMPANY: DECLARES FORCE MAJEURE ON GULF COAST MAINLINE SOUTH OF CS 341DISCOVERED ANOMALIES AT VARIOUS LOCATIONS THAT REQUIRE PIPELINE REMEDIATIONReuters
Wed, Aug 20
CBOT corn little changed as traders eye crop tour results
CHICAGO, Aug 20 (Reuters) - Chicago Board of Trade corn futures chopped up and down but ended higher on Wednesday as traders monitored results from a U.S. Midwest field tour that has initially confirmed strong yield prospects, traders said.Second-day results from the closely watched Pro Farmer crop ...Reuters
Wed, Aug 20
CBOT soybeans edge higher on stronger soymeal futures
CHICAGO, Aug 20 (Reuters) - Chicago Board of Trade soybean futures chopped up and down but ended higher on Wednesday on strengthening soymeal futures while traders monitored results from a U.S. Midwest field tour.The soybean market has found support from rising soymeal futures, which have been buoye...Reuters
Wed, Aug 20
PRECIOUS-Gold firms as dollar weakens, focus on Jackson Hole
Trump calls on Fed Governor Cook to resignGoldman Sachs maintain gold $4,000/toz forecast for mid-2026Platinum up over 2% By Ashitha Shivaprasad Aug 20 (Reuters) - Gold rose on Wednesday as the U.S. dollar eased, with market participants bracing for the upcoming Jackson Hole symposium, while minu...Reuters
Wed, Aug 20
China launches WTO dispute with Canada on steel and aluminum surtaxes
BERLIN, Aug 20 (Reuters) - China has requested dispute consultations at the World Trade Organization regarding Canadian surtaxes and quotas on steel and aluminum goods, the WTO said on Wednesday.The disputed measures include a surtax in the form of tariff-rate quotas on certain steel imports origina...Reuters
Wed, Aug 20
Chile's SQM expects lithium price boost in third quarter
By Daina Beth Solomon SANTIAGO, Aug 20 (Reuters) - Chilean lithium producer SQM SQMA.SN expects prices and sales volumes to rise in the third quarter, executives said on Wednesday, after the miner missed estimates for second-quarter net profit. The world's second-largest lithium producer repo...Reuters
Wed, Aug 20
