News
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Brazil's soybean crop seen at record 172.1 mln T after Agroconsult crop tour
By Ana ManoSAO PAULO, March 27 (Reuters) - Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after a nationwide crop tour of 13 states that began in January. The new estimate is hig...Reuters
Thu, Mar 27
EXCLUSIVE-Morgan Stanley draws on Goldman Sachs to explore sale of PNE stake, sources say
By Christoph Steitz and Emma-Victoria Farr FRANKFURT, March 27 (Reuters) - Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09 bi...Reuters
Thu, Mar 27
US Plains HRW Wheat-Basis bids flat as dealers eye weather
CHICAGO, March 27 (Reuters) - Spot basis bids for hard red winter wheat were steady in the U.S. Plains on Thursday amid slow trade and light farmer selling, dealers said.* Wheat basis bids have held steady so far this week.* Dealers continue to monitor overly dry weather over wheat-growing areas of ...Reuters
Thu, Mar 27
Brazil's soybean crop seen at record 172.1 mln T after Agroconsult crop tour
SAO PAULO, March 27 (Reuters) - Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after its nationwide crop tour that covered 13 states beginning in January. The new estimate is hig...Reuters
Thu, Mar 27
METALS-Copper slips on Trump auto tariffs, uncertainty
By Eric Onstad LONDON, March 27 (Reuters) - Copper prices eased on Thursday after U.S. President Donald Trump announced 25% tariffs on auto imports, which could dampen metals demand. Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.8% at $9,846 a metric ton at 1700 GMT, ...Reuters
Thu, Mar 27
GRAINS-Grain futures slump, soybeans rise, ahead of USDA planting report
Nearby Chicago SRW wheat hits new lows on rain forecastsMarket awaits planting report, with higher corn area expectedRising Brazilian basis gives soybeans a boostBy P.J. Huffstutter CHICAGO, March 27 (Reuters) - Chicago Board of Trade soybean futures turned higher on Thursday as the U.S. dollar w...Reuters
Thu, Mar 27
Putin says geopolitical rivalries are rising in Arctic, but cooperation is possible
MOSCOW, March 27 (Reuters) - Geopolitical rivalries are intensifying in the Arctic, but cooperation in the region is possible, including between Moscow and Western states, Russian President Vladimir Putin said on Thursday. Putin, who is keen to ramp up commerce via the Northern Sea Route through Arc...Reuters
Thu, Mar 27
BP greenlights Ginger gas project in Trinidad and Tobago
LONDON, March 27 (Reuters) - BP BP.L has given final approval to its Ginger gas development in Trinidad and Tobago, it said on Thursday, one of ten new projects listed by CEO Murray Auchincloss in a strategy revamp last month to underpin BP's renewed focus on oil and gas.Ginger, which will be ti...Reuters
Thu, Mar 27
First Quantum halts public tours of closed Panama copper mine
PANAMA CITY, March 27 (Reuters) - First Quantum Minerals said on Thursday it would suspend public tours of its shuttered copper mine in Panama after the country's president said the Canadian miner should not give the impression that the site is operational.In a regular press conference earlier o...Reuters
Thu, Mar 27
European airlines will miss green jet fuel targets, CEOs warn
Green fuel costs too much, output too low, airlines saySAF mandate adds to already high regulatory costs, they sayCEOs warn European airlines risks losing competitiveness By Joanna Plucinska, Julia Payne and Tim Hepher BRUSSELS, March 27 (Reuters) - The EU's requirement for 6% of the jet fuel...Reuters
Thu, Mar 27
Mexico working for preferential treatment in face of US auto tariffs
MEXICO CITY, March 27 (Reuters) - Mexico is working to carve out an exemption for its critical autos industry after Washington announced tariffs on imported vehicles, the economy minister said on Thursday. U.S. President Donald Trump on Wednesday announced 25% tariffs on auto imports, escalating his...Reuters
Thu, Mar 27
Russia remands billionaire Moshkovich in custody for two months
Billionaire Moshkovich appears in court cage Court sends him to pre-trial detention for two months Founder Moshkovich detained for fraud - court documentsRusagro says it complies with the lawBy Guy Faulconbridge, Gleb Bryanski, Anastasia LyrchikovaMOSCOW, March 27 (Reuters) - Russian farming billion...Reuters
Thu, Mar 27
US Cash Grains-Corn, soy bids tick up as farmer selling halts
CHICAGO, March 27 (Reuters) - Spot basis bids for corn and soybeans were steady to higher in the U.S. Midwest on Thursday as buyers were willing to pay premiums for corn and soy while farmer selling ground to a halt, dealers said. * Spot corn bids increased at an Ohio elevator and two Indiana ethano...Reuters
Thu, Mar 27
ARA gasoil stocks fall 3%, Insights Global data shows
LONDON, March 27 (Reuters) - Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 3% on the week to their lowest since early November, data from Dutch consultancy Insights Global showed.Gasoil stocks, which include diesel, stood at 2,108 m...Reuters
Thu, Mar 27
PRECIOUS-Gold hits record high as US tariffs spark trade tensions
Trump unveiled 25% auto tariffs on WednesdaySpot gold hit 17 record highs so far this yearSilver touches highest level since OctoberU.S. PCE data due on FridayBy Anmol Choubey March 27 (Reuters) - Gold scaled a record peak on Thursday, as investors sought the safe-haven asset in response to escal...Reuters
Thu, Mar 27
Carney to speak to media about Canada's response to tariffs
OTTAWA, March 27 (Reuters) - Prime Minister Mark Carney will speak to reporters at 1:30 p.m. Eastern Time (1730 GMT) on Thursday after a cabinet meeting to discuss Canada's response to U.S. tariffs, his office said in a statement.Reuters
Thu, Mar 27
Ukraine says neither side has attacked energy infrastructure since March 25
KYIV, March 27 (Reuters) - Ukraine and Russia have not hit each other's energy infrastructure since March 25, Ukraine's foreign ministry spokesman said on Thursday.The United States announced separate agreements with Ukraine and Russia on Tuesday to pause their strikes in the Black Sea and a...Reuters
Thu, Mar 27
Putin envoy says Russia could supply a small nuclear power plant for Musk's Mars mission
By Andrew Osborn March 27 (Reuters) - Russia could supply a small nuclear power plant for a mission to Mars planned by billionaire entrepreneur and SpaceX CEO Elon Musk, President Vladimir Putin's international cooperation envoy said on Thursday.The envoy, Kirill Dmitriev, said Moscow could d...Reuters
Thu, Mar 27
