News
Important Only
NOAA fires previously reinstated probationary workers, sources say
By Leah Douglas and Valerie VolcoviciApril 10 (Reuters) - The National Oceanic and Atmospheric Administration has fired previously reinstated probationary workers after an appeals court on April 9 cleared the way for the Trump administration to fire thousands of employees, according to five sources ...Reuters
Thu, Apr 10
CANADA-CRUDE-Western Canada Select heavy crude discount narrows
April 10 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Thursday. WCS for May delivery in Hardisty, Alberta, settled at $9.85 a barrel under WTI, according to brokerage CalRock, after havi...Reuters
Thu, Apr 10
COLUMN-CBOT corn rally more than justified by US supply cuts: Braun
By Karen Braun NAPERVILLE, Illinois, April 10 (Reuters) - Chicago corn futures have shot nearly 5% higher so far this week despite gratuitous geopolitical uncertainties, especially when it comes to the United States and its foreign grain customers. But based on Thursday’s supply and demand update...Reuters
Thu, Apr 10
More than 2,600 US Energy Dept staffers accept second offer to resign, sources say
By Timothy Gardner WASHINGTON, April 10 (Reuters) - More than 2,600 U.S. Department of Energy staffers have opted to take the Trump administration's second round of resignation offers, two sources said on Thursday, with offices on power grid stability and loans for high-tech energy projects h...Reuters
Thu, Apr 10
Venezuela national assembly greenlights economic emergency decree
April 10 (Reuters) - Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government to declare a state of economic emergency in response to U.S. sanctions and tariffs.In March, the administration of U.S. President Donald Trump began suspending aut...Reuters
Thu, Apr 10
GRAINS-Chicago soybeans continue to climb on USDA numbers, tariff delays
By Renee Hickman CHICAGO, April 10 (Reuters) - Chicago soybean futures extended gains on Thursday as the U.S. Department of Agriculture released its monthly supply and demand numbers, and delays to some U.S. and European Union tariffs eased concerns about U.S. crop exports.Corn also firmed while ...Reuters
Thu, Apr 10
Trump suggests farmers could petition to keep workers without legal status
By Jeff Mason and Leah Douglas April 10 (Reuters) - U.S. President Donald Trump suggested on Thursday that farmers will be able to petition the federal government to retain some farmworkers in the U.S. illegally, provided the workers leave the country and return with legal status.Trump's comm...Reuters
Thu, Apr 10
CBOT wheat ends lower on USDA data release
April 10 (Reuters) - Chicago Board of Trade wheat futures closed down on Thursday as the U.S. Department of Agriculture released its monthly supply and demand report. CBOT May soft red winter wheat WK25 settled down 4-1/4 cents at $5.38 per bushel. K.C. May hard red winter wheat KWK25 ended down 10 ...Reuters
Thu, Apr 10
CBOT corn firms on lowered ending stocks, tariff delays
CHICAGO, April 10 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday as the U.S. Department of Agriculture reported shrinking U.S. corn ending stocks and futures continued to see support from a delay in tariffs issued by U.S. President Donald Trump, analysts said. CBOT May corn...Reuters
Thu, Apr 10
SOFTS -Cocoa falls after Barry Callebaut results, Trump tariff U-turn
NEW YORK, April 10 (Reuters) - Cocoa prices fell on Thursday as weaker-than-expected results from chocolate and cocoa giant Barry Callebaut BARN.S overshadowed U.S. President Donald Trump's widely welcomed move to pause most of his sweeping trade tariffs for 90 days. The Swiss chocolate mak...Reuters
Thu, Apr 10
US EIA warns of lower oil demand from tariffs and trade uncertainty
EIA lowers US, global oil demand forecasts for 2025, 2026It cuts oil price forecasts on widening supply surplusEIA cites trade uncertainty, weaker economic growthBy Shariq Khan NEW YORK, April 10 (Reuters) - Tariffs are clouding the global economic outlook and could weigh heavily on oil prices in...Reuters
Thu, Apr 10
Oil settles down over 3% as investors reassess Trump's tariff flip
Oil prices settle more than $2/bbl lowerWhite House says duties on Chinese imports now total 145%US EIA warns of lower oil demand growth from tariffsBy Shariq Khan April 10 (Reuters) - Oil prices settled more than $2 per barrel lower on Thursday, wiping out the last session's rally, as invest...Reuters
Thu, Apr 10
Ivory Coast threatens more expensive cocoa in response to US tariffs
ABIDJAN, April 10 (Reuters) - Ivory Coast, the world's biggest cocoa producer, could take measures to make the product more expensive if tariffs proposed by U.S. President Donald Trump go into effect, the West African country's agriculture minister said on Thursday.The Trump administration l...Reuters
Thu, Apr 10
US natgas prices drop 7% on big storage build, lower demand forecasts
US LNG export feedgas on track to hit record high in AprilUS gas output on track to slide in April from March recordUS gas inventories rose in March for first time since 2012By Scott DiSavino April 10 (Reuters) - U.S. natural gas futures dropped about 7% on Thursday on a bigger-than-expected week...Reuters
Thu, Apr 10
ICE canola futures edge up
WINNIPEG, Manitoba, April 10 (Reuters) - ICE canola futures crawled higher on Thursday as the mood in vegoil markets continued to be optimistic about demand. • May canola RSK5 settled up $3.60 at $654 per metric ton. July RSN5 had a similar gain, but new-crop November RSX5 saw only a 30-cent gain...Reuters
Thu, Apr 10
CBOT soybeans end higher on USDA data, tariff news
CHICAGO, April 10 (Reuters) - Chicago Board of Trade soybean futures settled higher on Thursday following the U.S. Department of Agriculture's monthly supply and demand report release, and were buoyed by U.S. President Donald Trump announcing a pause on tariffs for many countries, analysts said....Reuters
Thu, Apr 10
FACTBOX-Smartphones and soybeans: top products caught up in US-China trade war
WASHINGTON, April 10 (Reuters) - An escalating trade war between the United States and China is leading to steep tariffs that could affect a wide range of products.Following is a list of the top products that the world's two largest economies import from each other, according to the World Trade ...Reuters
Thu, Apr 10
Four Republican US senators back Biden-era energy tax credits
April 10 (Reuters) - Four Republican senators are asking Congressional leadership to preserve energy tax credits included in the Biden-era Inflation Reduction Act in the impending budget reconciliation bill, according to a letter circulated on Thursday.In the April 9 letter to Senate Majority Leader...Reuters
Thu, Apr 10
Gulf South Pipeline Terminates Force Majeure At Location 24329 – Stratton Ridge In Area 25
April 10 (Reuters) - Gulf South Pipeline Company, LLC LTRGP.UL:SAYS TERMINATES FORCE MAJEURE AT LOCATION 24329 – STRATTON RIDGE (TO FREEPORT LNG) IN AREA 25, WHICH WAS IMPLEMENTED FOLLOWING A LIGHTNING STRIKE THAT DISRUPTED GAS DELIVERY IN MARCHRELATED: nFWN3Q71CVReuters
Thu, Apr 10
