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US Plains HRW Wheat-Basis flat; farmers eye developing crops
CHICAGO, April 3 (Reuters) - Spot basis bids for hard red winter (HRW) wheat held steady in the southern U.S. Plains on Thursday in quiet trade as K.C. HRW wheat futures eked out a higher close and producers continued to monitor the growth of the 2025 crop.* Some farmers are delaying wheat sales unt...Reuters
Thu, Apr 3
South Korea, US, Japan to strengthen energy cooperation, joint statement says
SEOUL, April 4 (Reuters) - South Korea, the United States and Japan have agreed to strengthen energy cooperation underpinned by U.S. liquefied natural gas (LNG) sources, a joint statement by the three countries' foreign ministers said on Friday.The ministers also expressed concerns about what th...Reuters
Thu, Apr 3
Venture Global says it exported 29 cargoes from Plaquemines LNG plant in Q1
April 3 (Reuters) - U.S. liquefied natural gas developer Venture Global VG.N exported 29 cargoes from its Plaquemines facility in Louisiana during the first quarter of 2025, the company said in a regulatory filing on Thursday. Venture Global realized an average fixed liquefaction fee of $7.26 per mi...Reuters
Thu, Apr 3
FAA to investigate after fire reported in cabin of United Airlines flight
WASHINGTON, April 3 (Reuters) - The U.S. Federal Aviation Administration said on Thursday it would launch an investigation after the crew on a United Airlines UAL.O Boeing BA.N 737 flight from Key West, Florida to Newark, New Jersey, reported a fire in the cabin. The airplane diverted and landed saf...Reuters
Thu, Apr 3
CIF/FOB Gulf Grain-Corn barge basis edges higher as freight stays high
CHICAGO, April 3 (Reuters) - Spot basis bids for corn delivered by barge to U.S. Gulf Coast terminals were mostly firmer on Thursday on rising freight rates and river shipping delays, while soybean basis values were flat to weaker, traders said.* Trading was restrained on Thursday due to uncertain e...Reuters
Thu, Apr 3
Russian investment envoy sees positive dynamic in US relations
April 3 (Reuters) - Russian President Vladimir Putin's investment envoy, Kirill Dmitriev, said on Thursday that he saw a "positive dynamic" in relations between Moscow and Washington, though more meetings were needed to sort out differences."Without doubt, we note a positive dynamic ...Reuters
Thu, Apr 3
Deadly US storm system may intensify on Friday after killing 7
Severe storms from Texas to Ohio have killed at least seven peopleNational Weather Service issued 'moderate' risk warning for storms on FridayFlash flood warnings in effect across the Ohio River Valley, with heavy rainfall threatening floodingBy Doyinsola Oladipo April 3 (Reuters) - A dea...Reuters
Thu, Apr 3
LIVESTOCK-CME cattle sink as Trump tariffs fuel fears of recession, retaliation
By Tom Polansek CHICAGO, April 3 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures fell sharply on Thursday as U.S. President Donald Trump's new tariffs fueled concerns about a recession and retaliation from other nations.Global investors grappled with rising chanc...Reuters
Thu, Apr 3
CANADA-CRUDE-Western Canada Select heavy crude discount continues to narrow
April 3 (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 Thursday, as global oil prices saw their steepest fall in three years. WCS for May delivery in Hardisty, Alberta, settled ...Reuters
Thu, Apr 3
FAA to investigate after fire reported in cabin of United Airlines Boeing flight
April 3 (Reuters) - The U.S. Federal Aviation Administration on Thursday said it will investigate after the crew on a United Airlines-operated Boeing 737 flight from Florida to Newark airport reported a fire in the cabin. The airplane landed safely at Washington's Dulles airport on Thursday afte...Reuters
Thu, Apr 3
FDA suspends program to improve bird flu testing due to staff cuts
By Leah Douglas April 3 (Reuters) - The U.S. Food and Drug Administration is suspending efforts to improve its bird flu testing of milk, cheese and pet food due to massive staff cuts at the agency, according to an email seen by Reuters and a source familiar with the situation. The FDA's testi...Reuters
Thu, Apr 3
Exxon signals higher oil, gas prices will help boost Q1 profit
By Sheila Dang and Vallari Srivastava April 3 (Reuters) - Exxon Mobil XOM.N signaled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its first-quarter earnings by about $900 million compared to the previous quarter.The largest U.S....Reuters
Thu, Apr 3
COMMODITIES-Oil dives most in 3 years; copper, soy slide as Trump tariffs rattle markets
Oil posts steepest drop in 3 years on global economy fearsCopper sinks to one-month low, aluminium down 1.5%Soybean futures dive as China vows tariff retaliationGold touches record, ends down with broader market selloffStock markets plunge, led by tech sector hit by new tariffsBy Naveen Thukral and ...Reuters
Thu, Apr 3
Forecasters predict above-average 2025 Atlantic hurricane season
April 3 (Reuters) - Colorado State University forecasters said on Thursday the upcoming 2025 hurricane season across the Atlantic basin will be above average, with 17 named tropical storms, including nine hurricanes, of which four are predicted to be major.Warm sea surface temperatures will again fu...Reuters
Thu, Apr 3
Strategic Storage Partners gets contract to manage Strategic Petroleum Reserve, DOE says
April 3 (Reuters) - Strategic Storage Partners has been awarded a $1.4 billion contract to manage and operate the Strategic Petroleum Reserve, the world's largest crude oil stockpile, the U.S. Department of Energy said on Thursday. The company will assume its responsibilities over the SPR on Jun...Reuters
Thu, Apr 3
Venture Global says it exported 29 cargos from Plaquemines LNG plant in Q1
April 3 (Reuters) - U.S. LNG developer Venture Global VG.N said on Thursday it exported 29 cargos from its Plaquemines facility during the first quarter.The company said in a regulatory filing that it realized an average fixed liquefaction fee of $7.26 per million British thermal units from the Plaq...Reuters
Thu, Apr 3
Canada unveils limited counter measures against US, calls Trump move a tragedy
OTTAWA, April 3 (Reuters) - Canadian Prime Minister Mark Carney announced a limited set of counter measures against U.S. tariffs on Thursday while calling President Donald Trump's protectionist moves a tragedy for global trade.Carney said the Canadian government will copy the U.S. approach by im...Reuters
Thu, Apr 3
GRAINS-US soybean futures fall on fears of tariff retaliation
By Tom Polansek CHICAGO, April 3 (Reuters) - Chicago Board of Trade soybean futures slid on Thursday amid concerns that new U.S. tariffs could trigger retaliatory measures against American exports, analysts said.President Donald Trump on Wednesday announced a 10% baseline tariff on most imports t...Reuters
Thu, Apr 3
Exxon Mobil signals rise in first-quarter upstream profit
April 3 (Reuters) - U.S. oil and gas major Exxon Mobil XOM.N signaled in a regulatory filing on Thursday that changes in oil prices would boost its first-quarter upstream earnings by up to $400 million.The industry bellwether had posted $6.50 billion in upstream earnings for the fourth quarter. Its ...Reuters
Thu, Apr 3
