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Global container shipping volume to fall 1% on Trump trade policies, Drewry says
A 2025 drop in global container shipping volume would be third since 1979, Drewry saidIf two-thirds of current U.S. tariffs remain in place, U.S. imports from China could fall 40%, Drewry said U.S. imports from other countries could partly offset the China drop, Drewry saidBy Lisa Baertlein NEW O...Reuters
Thu, Apr 24
Weyerhaeuser beats first quarter profit estimates on strong domestic demand
April 24 (Reuters) - Weyerhaeuser WY.N beat Wall Street estimates for first-quarter profit on Thursday, as the lumber firm was helped by robust domestic demand. According to U.S. government data released on Wednesday new home sales surged to a six-month high in March, as buyers hurried to capital...Reuters
Thu, Apr 24
REFILE-Northern Mexico farmers fight drought amid water dispute with the US
Drought affects over 64% of Mexico, hardest hit in northern statesMexico-U.S. negotiations tense over 1944 water treaty complianceChihuahua farmers face relocation due to water scarcityBy Jose Luis Gonzalez JULIMES, Mexico, April 24 (Reuters) - Dead animals lie scattered across the planes of this...Reuters
Thu, Apr 24
US plans Alaska LNG summit, urges Japan, South Korea to support project, source says
WASHINGTON, April 24 (Reuters) - President Donald Trump's energy security council plans to host a summit in Alaska in early June, when it hopes Japanese and South Korean officials will announce commitments to the Alaska LNG project, a source familiar with the matter said on Thursday. Trump has t...Reuters
Thu, Apr 24
US Cash Crude-Sweet grades weaken to multi-month lows on second day of roll
April 24 (Reuters) - U.S. sweet crude grades weakened on Thursday, dealers said, on the second day of the "roll" trade, a period in which the market becomes more volatile as traders square their positions. The three-day roll trade begins after the front-month U.S. crude futures contract CLc1...Reuters
Thu, Apr 24
Four states have asked USDA to let them ban soda, candy from food assistance program
By Leah Douglas WASHINGTON, April 24 (Reuters) - Four Republican states have asked the U.S. Department of Agriculture to let them ban soda, energy drinks and other food items from the Supplemental Nutrition Assistance Program, also known as food stamps, according to an agency spokesperson. Presid...Reuters
Thu, Apr 24
US farm agency withdraws proposal aimed at lowering Salmonella risks in poultry
By Tom Polansek CHICAGO, April 24 (Reuters) - The U.S. Department of Agriculture is withdrawing a proposal aimed at reducing Salmonella risks in poultry products for U.S. consumers, the agency said on Thursday, increasing concerns about oversight of the food supply under President Donald Trump.Th...Reuters
Thu, Apr 24
U.S. and South Korea had 'very successful' trade talks, Bessent says
Bessent: South Koreans brought 'their A game' Sides set to talk technical terms as early as next weekPolitical crisis complicates Seoul's negotiation commitmentsBy Jihoon Lee and Nandita Bose SEOUL/WASHINGTON, April 24 (Reuters) - The U.S. and South Korea had a "very successful&#...Reuters
Thu, Apr 24
CBOT wheat futures close higher after choppy session
CHICAGO, April 24 (Reuters) - Chicago Board of Trade wheat futures closed a choppy session higher on Thursday as spillover strength from corn and soybean futures and the dollar's decline offset pressure from improving weather in the U.S. Plains wheat belt, traders said.CBOT July soft red winter ...Reuters
Thu, Apr 24
ICE canola July futures near 11-month high on soyoil strength
WINNIPEG, Manitoba - April 24 (Reuters) - ICE canola futures rose more than 2% on Thursday as soaring soyoil futures drove vegoils higher.• July canola RSN5 settled up $15.10 at $697.40 per metric ton, taking that contract to its highest in almost 11 months. November RSX5, which is the first contrac...Reuters
Thu, Apr 24
GRAINS-Soybeans gain strength as investors hope for more demand outside China
Soybeans rise on potential demand outside ChinaCorn gains capped by drier weather allowing for planting windowWheat supported by weaker dollar By Renee Hickman CHICAGO, April 24 (Reuters) - Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential ...Reuters
Thu, Apr 24
CBOT corn futures end higher on bargain buying
CHICAGO, April 24 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday on bargain buying, a day after the benchmark July contract CN25 hit a two-week low, with brisk export demand for U.S. supplies and a setback in the dollar .DXY lending support, traders said. CBOT July corn C...Reuters
Thu, Apr 24
Canadian finance minister says G7 united but tensions remain around tariffs
By David Lawder WASHINGTON, April 24 (Reuters) - The Group of Seven industrial democracies continue to be united but tensions among them remain around the tariffs being imposed by the U.S., Canada's Finance Minister Francois-Philippe Champagne said on Thursday.Canada, which is chairing the G7...Reuters
Thu, Apr 24
Ukraine's Marchenko says working to seal US minerals pact as 'fast as we can'
Trump pushing deal to expand economic cooperationUkrainians met with Treasury secretary on WednesdayBy Andrea Shalal WASHINGTON, April 24 (Reuters) - Ukraine and the United States still have issues to resolve before signing a critical minerals agreement, but Kyiv officials are working to seal...Reuters
Thu, Apr 24
CBOT soybeans near two-month high on export optimism
CHICAGO, April 24 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday, with the July contract SN25 reaching its highest in nearly two months on technical buying and optimism about export demand for U.S. soy, traders said.CBOT July soybeans SN25 settled up 11-3/4 cents at $10.62 per b...Reuters
Thu, Apr 24
Oil prices settle up on weaker US dollar, mixed economic news
U.S. labor market remains resilientPotential accelerated OPEC+ output increases weighs on marketKazakhstan to prioritize national interest in oil outputBy Scott DiSavino NEW YORK, April 24 (Reuters) - Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ outpu...Reuters
Thu, Apr 24
US Plains HRW Wheat-Basis bids hold level on slow farmer sales
CHICAGO, April 24 (Reuters) - Spot hard red winter (HRW) wheat basis bids held mostly steady around the southern U.S. Plains on Thursday on light demand and slow farmer sales, dealers said.* K.C. HRW wheat futures on the Chicago Board of Trade touched fresh contract lows on Thursday but recovered lo...Reuters
Thu, Apr 24
US natgas prices fall 3% to 5-month low on big storage build, mild weather
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 2% below five-year averageBy Scott DiSavino April 24 (Reuters) - U.S. natural gas futures fell about 3% to a five-month low on Thursday on a bigger-than-expected ...Reuters
Thu, Apr 24
Valero to shut Benicia refinery due to tough regulatory environment, high costs
By Nicole Jao NEW YORK, April 24 (Reuters) - Valero Energy VLO.N on Thursday said it would cease operations at its 170,000-barrel-per-day San Francisco-area oil refinery next year amid worries about California's declining fuel supplies and high gasoline prices.The decision clarifies plans for...Reuters
Thu, Apr 24
