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US Cash Grains-Corn processor basis bids steady-weak as futures edge higher
CHICAGO, Aug 20 (Reuters) - Spot corn basis bids were mostly steady at U.S. Midwest grain elevators on Wednesday and steady to lower at ethanol plants and other processors as futures prices edged higher and buyers anticipated a record U.S. harvest this autumn, merchants said.A large corn processor i...Reuters
Wed, Aug 20
EXCLUSIVE-The US Navy is building a drone fleet to take on China. It's not going well.
Software issues led to crashes, mishaps in drone boat testsPentagon paused an autonomy software contract with L3HarrisNavy’s key acquisition program rocked after top admiral firedBy David JeansNEW YORK, Aug 20 (Reuters) - During a U.S. naval test off the California coast last month, which was desig...Reuters
Wed, Aug 20
GRAINS-Soybeans, corn choppy as traders eye crop tour results
Corn and soy seesaw as industry monitors crop tour resultsWheat recovers from lifetime lows on bout of short coveringBy Heather Schlitz CHICAGO, Aug 20 (Reuters) - Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that ha...Reuters
Wed, Aug 20
EXCLUSIVE-The US Navy is building a drone fleet to take on China. It's not going well.
Software issues led to crashes, mishaps in drone boat testsPentagon paused an autonomy software contract with L3HarrisNavy’s key acquisition program rocked after top admiral firedBy David JeansNEW YORK, Aug 20 (Reuters) - During a U.S. naval test off the California coast last month, which was desig...Reuters
Wed, Aug 20
Hesitant EU wheat market weighs Russian supply
Large Russian harvest hangs over marketRussian exports, Ukraine war talks also in focusGerman harvest nears end PARIS/HAMBURG, Aug 20 (Reuters) - Euronext wheat ended slightly lower on Wednesday at contract lows, giving up earlier gains as rising expectations for Russia's harvest offset conc...Reuters
Wed, Aug 20
Chile's SQM anticipates better sales volumes and prices in third quarter
Aug 20 (Reuters) - Chilean lithium producer SQM SQMA.SN expects sales volumes and prices to be higher in the third quarter than the second, executives said in a call with analysts on Wednesday to discuss quarterly results. The company also said it maintains its expectation for a deal with state-run ...Reuters
Wed, Aug 20
Solar may account for half of new US electricity added this year, EIA says
By Laila KearneyNEW YORK, Aug 20 (Reuters) - Developers are on track to add 33 gigawatts of solar power in the U.S. this year, accounting for about half of the total new electricity generating capacity planned for the country in 2025, the Energy Information Administration said on Wednesday.If the pl...Reuters
Wed, Aug 20
CORRECTED-EXCLUSIVE-The US Navy is building a drone fleet to take on China. It's not going well.
Software issues led to crashes, mishaps in drone boat testsPentagon paused an autonomy software contract with L3HarrisNavy’s key acquisition program rocked after top admiral firedBy David JeansNEW YORK, Aug 20 (Reuters) - During a U.S. naval test off the California coast last month, which was desig...Reuters
Wed, Aug 20
Bunge diverts Argentina's first soy meal shipment set for China
By Maximilian Heath and Ella Cao BUENOS AIRES, Aug 20 (Reuters) - Agricultural export firm Bunge BG.N told Reuters on Wednesday it had diverted a shipment of Argentine soybean meal that was destined for China to another destination "for commercial reasons," after reports this was due to q...Reuters
Wed, Aug 20
METALS-Copper slides to two-week low, focus on Powell's speech
By Pratima Desai and Amy Lv LONDON/BEIJING, Aug 20 (Reuters) - Copper prices slipped on Wednesday to their lowest in nearly two weeks as funds sold, while consumers and producers were sidelined ahead of a speech by U.S. Federal Reserve Chair Jerome Powell later this week, metal traders said.Commo...Reuters
Wed, Aug 20
Europe Gasoline/Naphtha-Gasoline profit margins fall
LONDON, Aug 20 (Reuters) - Northwest European gasoline profit margins fell 49 cents to $16.06 a barrel on Wednesday despite a drop in U.S. fuel inventories. A total of 15,300 metric tons of Eurobob E5 barges traded in the session, with Gunvor and Glencore selling to Aramco and TotalEnergies.An addit...Reuters
Wed, Aug 20
EU wheat rises with Chicago as Black Sea doubts persist
PARIS/HAMBURG, Aug 20 (Reuters) - Euronext wheat edged up on Wednesday, with benchmark futures recovering from a contract low, as Chicago prices rebounded while doubts over Russian exports and a rapid end to the war in Ukraine tempered expectations of large supplies.December wheat BL2Z5, the most-ac...Reuters
Wed, Aug 20
French firm teams up with JetZero on hydrogen-powered flight
JetZero developing a 250-seat blended wing-body airlineFrench firm SHZ to help explore a hydrogen-powered versionMove comes as Airbus slows efforts to produce hydrogen jetlinerBy Tim Hepher PARIS, Aug 20 (Reuters) - A French technology startup unveiled plans on Wednesday to work with clean-aircra...Reuters
Wed, Aug 20
US jet fuel 4-week average demand hits highest since August 2019, EIA says
NEW YORK, Aug 20 (Reuters) - U.S.four-week jet fuel demand rose by 55,000 barrels per day (bpd) in the week ended August 15 to 1.88 million bpd, its highest since August 2019, data from the Energy Information Administration showed on Wednesday.Weekly jet fuel demand was up 70,000 bpd week-over-week ...Reuters
Wed, Aug 20
Russia expects India to keep buying its oil and seeks China-India-Russia talks
Buying oil from Russia "very profitable" for India, Russian official saysHopes rise for trilateral talks with India, ChinaRussia wants to forge a greater Eurasian partnershipRussia see scope for LNG supplies to IndiaBy Krishna N. Das and Aftab Ahmed NEW DELHI, Aug 20 (Reuters) - Russia ex...Reuters
Wed, Aug 20
Low flood insurance uptake leaves Alaska exposed to growing risk
By Mia MacGregorAug 19 - (The Insurer) - Glacial outburst floods are escalating in severity in Juneau, Alaska, prompting emergency defenses, damaging homes and accelerating efforts to develop lasting protections in a state with notably limited flood insurance coverage.Meltwater from Suicide Basin, a...Reuters
Wed, Aug 20
Hurricane Erin threatens North Carolina's Outer Banks with storm surge
State of emergency declared in North Carolina by Governor SteinEvacuations ordered for Ocracoke and Hatteras islandsNHC warns of life-threatening surf and rip currents along East CoastBy Rich McKayAug 20 (Reuters) - Hurricane Erin, churning north in the Atlantic hundreds of miles offshore, is expect...Reuters
Wed, Aug 20
Bunge diverts Argentina's first soy meal shipment set for China
BUENOS AIRES, Aug 20 (Reuters) - Agricultural export firm Bunge BG.N told Reuters on Wednesday it had diverted a shipment of Argentine soybean meal that was destined for China to another destination "for commercial reasons," after Bloomberg reported this was due to quality concerns.The shipm...Reuters
Wed, Aug 20
