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TSR forecasts 2025 hurricane activity in line with 30-year norm
By Isha MaratheApril 7 - (The Insurer) - Tropical Storm Risk anticipates a 2025 hurricane season similar to the 1991 to 2020 climate norm, with tropical North Atlantic and Caribbean Sea waters expected to be near or slightly above normal by September 2025, with neutral El Niño-Southern Oscillation ...Reuters
Mon, Apr 7
GRAINS-Chicago soybeans and corn end higher after seesaw trading
By Renee Hickman CHICAGO, April 7 (Reuters) - Chicago corn and soybeans settled up after whipsawing back and forth on Monday, fueled by tariff news and weather risks, according to analysts. Wheat firmed on a dry weather forecast in the U.S. wheat belt. The most active soybean contract Sv1 on the ...Reuters
Mon, Apr 7
SOFTS-Coffee, cocoa and sugar plunge as Trump tariff turmoil continues
NEW YORK, April 7 (Reuters) - World coffee, cocoa and sugar prices plunged on Monday as investors continued to fret about recession risks, with U.S. President Donald Trump showing little sign of backing down from sweeping trade tariffs imposed late last week.Investors fear a global trade war could ...Reuters
Mon, Apr 7
Bessent expects productive talks with Japan, hopes tariffs can come down
WASHINGTON, April 7 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Monday that he expects to have productive negotiations with Japan over the country's high non-tariff barriers, adding that he hoped that negotiations could bring tariffs down."For countries that don't retaliate...Reuters
Mon, Apr 7
ICE canola futures begin week higher
WINNIPEG, Manitoba - April 7 (Reuters) - ICE canola futures rose Monday as relief from Canadian canola apparently being free from U.S. tariffs continued to boost the oilseed crop.• May canola RSK5 settled up $14.60 at $636.60 per metric ton. July RSN5 rose $16.30 to $643.• May and July contracts now...Reuters
Mon, Apr 7
Occidental's 1PointFive receives permits to sequester CO2 at Texas facility
April 7 (Reuters) - Occidental Petroleum's OXY.N unit 1PointFive said on Monday the U.S. Environmental Protection Agency had approved its application to sequester carbon dioxide captured from its direct air capture (DAC) facility in Texas.Stratos, the DAC facility, is a joint venture between the...Reuters
Mon, Apr 7
CBOT wheat settles up as dry weather forecast for US Plains
April 7 (Reuters) - Chicago Board of Trade wheat futures closed higher on Monday as dry weather was expected in the U.S. wheat belt and tariff news created concerns for investors, according to analysts. CBOT May soft red winter wheat WK25 settled up 7-1/2 cents at $5.36-1/2 per bushel. K.C. May hard...Reuters
Mon, Apr 7
Oil prices slide 2% to near 4-year low as US trade conflict fuels recession fears
Trump threatens to increase tariffs on ChinaEuropean Commission propose counter-tariffs of 25% some US goodsGoldman Sachs, Citi and Morgan Stanley cut oil price forecastsSaudi crude prices for Asian buyers reduced to four-month low By Scott DiSavino NEW YORK, April 7 (Reuters) - Oil prices slid 2...Reuters
Mon, Apr 7
CBOT corn ends higher after back-and-forth trade
CHICAGO, April 7 (Reuters) - Chicago Board of Trade corn futures settled up Monday after a seesaw trading session with a barrage of headlines on the sweeping tariffs imposed by U.S. President Donald Trump on U.S. imports. CBOT May corn CK25 closed up 4-1/4 cents at $4.64-1/2 a bushel.Trump said he w...Reuters
Mon, Apr 7
BofA sees more volatility as tariffs unfold, cuts Copper and Aluminium forecasts
Investing.com -- Bank of America warned of rising volatility across metals markets due to ongoing trade tensions, cutting its 2025 copper and aluminium price forecasts and citing uncertainty around U.Investing.com
Mon, Apr 7
CBOT soybeans end higher after whipsawing trading session
CHICAGO, April 7 (Reuters) - Chicago Board of Trade soybean futures ended higher on Monday after a seesawing trading session with shifting news on sweeping tariffs imposed by the Trump administration. U.S. President Donald Trump threatened to impose an additional 50% duty on U.S. imports from China ...Reuters
Mon, Apr 7
US EIA delays short-term outlook report amid oil market downturn
By Shariq Khan NEW YORK, April 7 (Reuters) - The U.S. Energy Information Administration said on Monday it is delaying publication of the "Short-Term Energy Outlook" (STEO) report, amid a plunge in oil prices to near four-year lows over growing concerns of a global recession.The report, sc...Reuters
Mon, Apr 7
Canadian National Railway receives arbitrator's decision for new agreement
April 7 (Reuters) - Canadian National Railway CNR.TO said on Monday it had received an arbitrator's decision regarding the terms of its new collective agreement with the Teamsters Canada Rail Conference (TCRC), which represents about 6,000 rail workers.The new agreement replaces the previous thr...Reuters
Mon, Apr 7
PRECIOUS-Gold slips as investors opt for dollar amid escalating trade war concerns
Gold slips from record high hit last weekStocks plunge on tariff turmoilPlatinum down 1%By Brijesh Patel April 7 (Reuters) - Gold prices fell more than 2% on Monday, with investors turning to the dollar as a safe haven after sweeping U.S. tariffs raised fears of a global recession.Analysts, howev...Reuters
Mon, Apr 7
Maine sues over USDA pause on funds due to support for transgender athletes
By Nate Raymond April 7 (Reuters) - The state of Maine on Monday filed a lawsuit challenging the U.S. Department of Agriculture's decision to freeze federal funding for education programs in the state over its refusal to ban transgender women from sports.The lawsuit came days after USDA annou...Reuters
Mon, Apr 7
US natgas prices drop 5% to 7-week low on record output and tariff worries
US gas production on track to hit record high in AprilUS LNG export feedgas on track to ease in April from March recordUS gas inventories on track for rare build in MarchBy Scott DiSavino April 7 (Reuters) - U.S. natural gas futures dropped about 5% to a seven-week low on Monday on record output ...Reuters
Mon, Apr 7
Chile's Codelco boosts copper output, chairman bullish despite trade war
By Fabian Cambero and Daina Beth Solomon SANTIAGO, April 7 (Reuters) - Codelco, Chile's state-owned copper producer, boosted production in the first three months of 2025 and was still bullish about long-term prospects for global demand despite an escalating trade war between the U...Reuters
Mon, Apr 7
FACTBOX-Trump's tariffs and threatened trade actions
April 7 (Reuters) - A global trade war, sparked by U.S. President Donald Trump, intensified earlier this month after he announced sweeping tariffs on most U.S. imports, stoking fears of a recession, sending jitters across global financial markets and drawing condemnation from leaders around the worl...Reuters
Mon, Apr 7
Chile has 28% more lithium than previous estimates, studies find
By Daina Beth Solomon and Fabian Cambero SANTIAGO, April 7 (Reuters) - Chile's total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern Antofagasta region that show a higher amount of the battery metal, state mining body ENAMI s...Reuters
Mon, Apr 7
