News
Important Only
Ukraine, US sign memorandum on minerals deal, top Ukrainian official says
April 17 (Reuters) - Ukraine and the United States on Thursday signed a memorandum as an initial step towards the clinching of an agreement on developing minerals in Ukraine, Yulia Svyrydenko, Ukraine's first deputy prime minister and economy minister, said."We are happy to announce the sign...Reuters
Thu, Apr 17
US Plains HRW Wheat-Basis stays mostly flat, Kansas drought worsens
CHICAGO, April 17 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were mostly unchanged in the southern U.S. Plains on Thursday as concerns over dry conditions limited farmer selling, dealers said.* Farmers are unsure how much wheat they will produce after struggling with dry weather and...Reuters
Thu, Apr 17
Trump says he doubts U.S. Steel-Nippon deal will be part of trade talks with Japan
WASHINGTON, April 17 (Reuters) - U.S. President Donald Trump said on Thursday that a deal between U.S. Steel X.N and Nippon Steel 5401.T could be a part of tariff negotiations with Japan, but added he doubted it would be."If Nippon wants to come in here, they're working on it very hard. I ha...Reuters
Thu, Apr 17
Oil posts weekly gain on trade deal hopes, new Iran sanctions
Trump expressed optimism about reaching a trade deal with EuropeUS issues new sanctions on Chinese importers of Iranian oilIraq, Kazakhstan, others to cut output further in OPEC planBy Nicole Jao NEW YORK, April 17 (Reuters) - Oil prices settled more than 3% higher on Thursday, supported by hopes...Reuters
Thu, Apr 17
GRAINS-Wheat up on US Plains dryness, soybeans fall on profit taking
Wheat rises on weather concernsSoybeans and corn drift as market awaits trade talksBy Heather Schlitz CHICAGO, April 17 (Reuters) - Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, ana...Reuters
Thu, Apr 17
CBOT wheat rises on weather risks in US Plains
CHICAGO, April 17 (Reuters) - Chicago Board of Trade wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regionsCBOT May soft red winter wheat WK25 settled up 1 cent to $5.48-3/4 per bushel.K.C. May hard red...Reuters
Thu, Apr 17
CBOT soybeans fall on profit-taking as market awaits trade news
CHICAGO, April 17 (Reuters) - Chicago Board of Trade soybean futures fell as traders booked profits ahead of the long Easter weekend while dealers continued to await news about possible trade talks between China and the U.S., traders said.CBOT May soybeans SK25 settled down 2-1/4 cents to $10.36-1/2...Reuters
Thu, Apr 17
Trump order to halt NY wind project stuns offshore industry, threatens other projects
Stopping work on fully permitted project to have chilling effect on US industryThe US has three other offshore wind projects under constructionIndustry seeking to resolve administration concerns over Empire Wind By Nichola Groom April 17 (Reuters) - The Trump administration's decision to halt...Reuters
Thu, Apr 17
Equinor halts work on offshore wind project after US order
Trump administration issues stop-work order on Equinor's offshore wind projectEmpire Wind project approved by Biden administration in 2023Equinor exploring legal options against stop-work orderNYSERDA says regulatory uncertainty scares investors OSLO, April 17 (Reuters) - Norway's Equinor...Reuters
Thu, Apr 17
CBOT corn lower on pre-Easter profit-taking
CHICAGO, April 17 (Reuters) - Chicago Board of Trade corn futures chopped up and down on Thursday as traders booked profits, though a weakening dollar and concerns over planting delays in the U.S. Midwest helped boost prices.July corn CN25 ended down 1-1/2 cents to $4.90-1/4 a bushel.Heavy rains ove...Reuters
Thu, Apr 17
US FDA suspends food safety quality checks after staff cuts
Cuts of as many as 20,000 HHS staff upend public health researchFDA's program to improve bird flu testing in food also suspendedSuspension affects tests for Cyclospora in spinach, glyphosate in barleyTrump aims to cut $40 billion from HHS budgetBy Leah Douglas WASHINGTON, April 17 (Reuters) -...Reuters
Thu, Apr 17
ICE canola futures drop Friday but gain in shortened week
WINNIPEG, Manitoba - April 17 (Reuters) - ICE canola futures softened on Thursday but rose over the shortened trading week.• The Winnipeg canola market will be closed for the Good Friday statutory holiday. • Most-traded July canola RSN5 settled down $5 at $675.70 per metric ton. November RSX5 settle...Reuters
Thu, Apr 17
US judge to decide on starting bid in Citgo parent auction following hearing
Judge Stark inclined to accept court officer's recommendationStarting with low bid would make it difficult to approach $7 bln-$8 bln value for CitgoContrarian's pact with bondholders could complicate topping period By Marianna Parraga HOUSTON, April 17 (Reuters) - A U.S. court is expected...Reuters
Thu, Apr 17
US expects Congo minerals deal to involve private sector partners, State Dept says
WASHINGTON, April 17 (Reuters) - The United States expects a minerals deal being negotiated with the Democratic Republic of the Congo (DRC) will involve a range of private sector partners, State Department spokesperson Tammy Bruce said on Thursday.Washington is in the process of determining the next...Reuters
Thu, Apr 17
US natgas prices hold at 10-week low on forecasts for mild weather through early May
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 4% below five-year averageBy Scott DiSavino April 17 (Reuters) - U.S. natural gas futures held at a 10-week low on Thursday ahead of the long Good Friday holiday ...Reuters
Thu, Apr 17
Trump order to halt NY wind project stuns offshore industry, threatens other projects
Stopping work on fully permitted project to have chilling effect on US industryThe US has three other offshore wind projects under constructionIndustry seeking to resolve administration concerns over Empire Wind By Nichola Groom April 17 (Reuters) - The Trump administration's decision to halt...Reuters
Thu, Apr 17
PRECIOUS-Gold's record rally pauses as investors cash in gains
Gold hit all-time peak at $3,357.40 per ounceDollar heads for weekly lossPalladium down more than 1%By Brijesh Patel April 17 (Reuters) - Gold prices slipped on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and esca...Reuters
Thu, Apr 17
