News
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Russia says Ukraine attacked its energy facilities 14 times in past day, TASS reports
MOSCOW, April 5 (Reuters) - Russia's Defence Ministry said on Saturday that Ukraine had attacked Russian energy infrastructure 14 times in the previous day, despite a U.S.-brokered moratorium on strikes on energy facilities, Russian state news agency TASS reported.TASS cited the ministry as sayi...Reuters
Sat, Apr 5
Trump team proposes ending Clean Energy Office and cutting billions, Bloomberg News reports
April 4 (Reuters) - The U.S. Energy Department is proposing to shut down its Office of Clean Energy Demonstrations and cut some $9 billion in awards for programs regarding carbon capture, direct air capture, solar and hydrogen, Bloomberg News reported on Friday citing documents seen by them.Reuters
Sat, Apr 5
US Cash Grains-Corn, soy basis mostly flat; rains stall field work
CHICAGO, April 4 (Reuters) - Spot basis bids for soybeans and corn held mostly steady in the U.S. Midwest on Friday afternoon, underpinned by a slow pace of farmer grain sales this week.* The exceptions were Davenport, Iowa, on the Mississippi River, where the soybean basis fell by a nickel per bush...Reuters
Fri, Apr 4
China retaliation on US farm goods hits soybeans, bolstering Brazil
China imposes sweeping 34% tariffs on all US importsBlocks US agricultural exports, with soybean trade hardest hitBrazil emerges as clear winnerUS soybean futures plunge 4%By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, April 4 (Reuters) - China's retaliation on Friday against new U.S. tari...Reuters
Fri, Apr 4
US Plains HRW Wheat-Basis flat as farmers monitor crop conditions
CHICAGO, April 4 (Reuters) - Spot basis bids for hard red winter (HRW) were flat in the U.S. Plains on Friday as farmers remained hesitant to sell their crop due to persistent low prices, while also monitoring the conditions of their nascent wheat crop. * News that China imposed extra levies of 34% ...Reuters
Fri, Apr 4
LIVESTOCK-CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs
By Tom Polansek CHICAGO, April 4 (Reuters) - Chicago Mercantile Exchange cattle and hog futures plunged by their daily trading limits on Friday as another massive selloff in global stock markets increased fears about a potential recession that could hurt consumer demand for meat.Wall Street sank ...Reuters
Fri, Apr 4
CIF/FOB Gulf Grain-Soybean barge basis drops after China tariff increase
CHICAGO, April 4 (Reuters) - Spot basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals fell sharply on Friday after China slapped steep tariffs on all American goods in a move that was seen stifling demand from the top customer for U.S. soy, traders said.* Spot cash bids for soybe...Reuters
Fri, Apr 4
US Energy Dept identifies thousands of staff at risk of DOGE cuts, AP reports
WASHINGTON, April 4 (Reuters) - The U.S. Energy Department has identified thousands of staffers it has deemed as non-essential, including at its office that manages the country's nuclear weapons arsenal, who would not be protected in a second round of cuts, an Associated Press report said on Fri...Reuters
Fri, Apr 4
Amazon shipping route for Brazilian soy disrupted by protests, poor roads
By Ana Mano SAO PAULO, April 4 (Reuters) - Indigenous protests and poor roads have disrupted shipping of Brazil's bumper soybean crop in recent days via the river port of Miritituba in the Amazon rainforest, worrying global companies including Cargill and Bunge BG.N which have important opera...Reuters
Fri, Apr 4
ICE canola futures fall, finish higher for the week
WINNIPEG, Manitoba, April 4 (Reuters) - ICE canola futures fell on Friday but finished with a small weekly gain after a tumultuous week.• May canola RSK5 settled down $13.90 at $622 per metric ton. July RSN5 showed similar weakness, while November RSX5 fell $10.60 to $615.20 per ton, reducing the ol...Reuters
Fri, Apr 4
US Gulf soy prices hit 4-1/2-year lows after China raises tariffs
By Karl Plume CHICAGO, April 4 (Reuters) - Cash soybean prices at U.S. Gulf Coast export terminals plunged to their lowest since September 2020 on Friday after China slapped steep tariffs on imports from the United States in response to retaliatory duties ordered by U.S. President Donald Trump. T...Reuters
Fri, Apr 4
CANADA-CRUDE-Western Canada Select heavy crude discount enters sub-$9 territory
April 4 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 continued to narrow on Friday, dipping into sub-$9 territory as global oil prices fell to pandemic levels. WCS for May delivery in Hardisty, Albe...Reuters
Fri, Apr 4
Maxeon Solar to set up alternative supply chains amid tariff turmoil
April 4 (Reuters) - Renewable energy company Maxeon Solar Technologies MAXN.O said on Friday it would establish alternative manufacturing and supply chains as a result of U.S. President Donald Trump's sweeping tariffs.Shares of the company were up 4.6% in trading after the bell.The move comes am...Reuters
Fri, Apr 4
GRAINS-'Out of the ball game': US soy futures sink after top-buyer China hikes tariffs
By Tom Polansek CHICAGO, April 4 (Reuters) - U.S. soybean futures sank 3.4% on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34% on all American goods in retaliation against duties announced by President Donald Trump.The levies threaten to h...Reuters
Fri, Apr 4
Mexico reports first human case of H5N1 bird flu
MEXICO CITY, April 4 (Reuters) - Mexico has detected its first human case of H5N1 avian influenza, also known as bird flu, the health ministry said on Friday. The infection was confirmed on Tuesday in a three-year-old girl living in the northern state of Durango, who remains hospitalized in serious ...Reuters
Fri, Apr 4
US Cash Crude-Grades mixed as oil rig count rises, Trump tariffs weigh
April 4 (Reuters) - U.S. cash crude grades pulled in different directions on Friday, dealers said, as investors weighed an expected future rise in U.S. oil output, and trade tariffs. U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as ...Reuters
Fri, Apr 4
Oil dives 7% to lowest in over 3 years on China's tariffs
Brent closes at lowest since August 2021Oil posts biggest weekly decline since 2023China announces retaliatory tariffs on USOPEC+ unexpectedly speeds up oil output hikesRussian court rules not to suspend Caspian pipeline export terminalBy Arathy Somasekhar HOUSTON, April 4 (Reuters) - Oil pri...Reuters
Fri, Apr 4
CBOT wheat settles weaker as China retaliates against US tariffs
April 4 (Reuters) - Chicago Board of Trade wheat futures closed lower on Friday as China imposed extra levies of 34% on all U.S. goods, deepening the trade war between the world's two biggest economies, analysts said.China has not recently been buying U.S. wheat, though tit-for-tat tariffs have ...Reuters
Fri, Apr 4
