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US weighs funding cuts to four of seven hydrogen hubs
March 26 (Reuters) - The U.S. Department of Energy is weighing funding cuts to four of seven hydrogen hubs that were selected under a $7 billion federal program, according to a source briefed on the matter.The hubs, part of former President Joe Biden's effort to decarbonize the U.S. economy, are...Reuters
Wed, Mar 26
US Cash Grains-Soy, corn bids mostly steady while futures fall
CHICAGO, March 26 (Reuters) - Spot basis bids for corn and soybeans held mostly steady in the U.S. Midwest on Wednesday, while futures tipped down as traders positioned ahead of next week's U.S. Department of Agriculture report on quarterly stocks and seedings.* The corn basis edged down at an O...Reuters
Wed, Mar 26
US Cash Crude-Grades rise as US crude, fuel stocks fall, Venezuela supply concerns
March 26 (Reuters) - Physically traded domestic crude grades rose on Wednesday, dealers said after U.S. crude and fuel inventories dropped last week, and investors weighed a potential drop in Venezuelan supplies.U.S. crude oil inventories fell last week as refiners continued to ramp up production, w...Reuters
Wed, Mar 26
Motiva Texas refinery preparing second attempt to restart FCC, sources say
HOUSTON, March 26 (Reuters) - Motiva Enterprises is preparing a second attempt to restart the gasoline-producing fluidic catalytic cracker-3 (FCC-3) at its 626,000 barrel-per-day (bpd) Port Arthur, Texas refinery, people familiar with plant operations said on Wednesday. The 81,000-bpd FCC-3 and the ...Reuters
Wed, Mar 26
Ukraine may sign economic deal next week, US Treasury chief tells Fox News
By Kanishka Singh and Jasper Ward WASHINGTON, March 26 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday Ukraine may sign an economic deal next week and President Donald Trump will not hesitate to raise sanctions on Russia if the need arises.Bessent made the comments in an inter...Reuters
Wed, Mar 26
US weighs funding cuts to four of seven hydrogen hubs
March 26 (Reuters) - The U.S. Department of Energy is weighing funding cuts to four of seven hydrogen hubs that were selected under a $7 billion federal program, according to a source briefed on the matter.The four hubs targeted for cuts include those in the Midwest, Pacific Northwest, California an...Reuters
Wed, Mar 26
Trump: Going to go with tariffs on cars
WASHINGTON, March 26 (Reuters) - President Donald Trump said on Wednesday he plans to announce tariffs on imported autos during an event later in the day."We're going to go with the tariffs on cars," Trump said ahead of the formal announcement in the Oval Office later on Wednesday.Reuters
Wed, Mar 26
CBOT wheat falls on Black Sea shipping agreements
March 26 (Reuters) - Chicago Board of Trade wheat futures fell on Wednesday as increased security was expected for Black Sea shipping because of agreements with Ukraine and Russia, according to analysts. CBOT May soft red winter wheat WK25 settled down 8 cents at $5.35-1/4 a bushel. K.C. May hard re...Reuters
Wed, Mar 26
Ukraine may sign economic deal next week, US Treasury chief tells Fox News
WASHINGTON, March 26 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that Ukraine may sign an economic deal next weekBessent made the comments in an interview on the Fox News show "The Story with Martha MacCallum."Reuters
Wed, Mar 26
CBOT soybeans flat with lowered planting expectations
CHICAGO, March 26 (Reuters) - Chicago Board of Trade soybean futures traded near flat on Wednesday as a U.S. Department of Agriculture report was expected to show farmers planning to decrease the number of soybean acres they plant in 2025. CBOT May soybeans SK25 settled down 3/4 cent to $10.01 per b...Reuters
Wed, Mar 26
ICE canola futures stick with vegoils
WINNIPEG, Manitoba - March 26 (Reuters) - ICE canola futures rose in lockstep with other vegoils on Wednesday, at the high end of a recent range.• May canola RSK5 settled up $16.70 at $588.90 per metric ton. The July contract rose less than half as much, with a $6.90 rise to $594.90, narrowing the M...Reuters
Wed, Mar 26
Nutrien sees no major impact from Black Sea deal
By Ed White WINNIPEG, Manitoba, March 26 (Reuters) - Nutrien NTR.TO said on Wednesday it doesn't think the proposed Black Sea shipping deal between Ukraine, Russia and the U.S. will significantly affect the North American or global fertilizer market this year. "We do not expect the ann...Reuters
Wed, Mar 26
Oil settles up 1% on US crude and fuel stock draw, Venezuela supply worries
Brent, WTI rise more than $1 a barrel during session US crude, fuel stocks fall, EIA data shows Trump pressure on Venezuelan, Iranian oil buoys pricesRussia, Ukraine agree to sea, energy truceBy Georgina McCartney HOUSTON, March 26 (Reuters) - Oil prices rose on Wednesday, buoyed by government da...Reuters
Wed, Mar 26
US natgas prices edge up 1% on record LNG flows and higher demand forecasts
US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchUS gas inventories on track for unusual build in MarchBy Scott DiSavino March 26 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on record gas flows to liquefied natur...Reuters
Wed, Mar 26
CBOT corn falls on expectations of increased planting in 2025
March 26 (Reuters) - Chicago Board of Trade corn futures fell on Wednesday as traders awaited planting intentions data due from the U.S. Department of Agriculture on Monday, which is expected to show farmers planting more corn in 2025. CBOT May corn CK25 settled down 6-1/2 cents at $4.51-1/4 a bushe...Reuters
Wed, Mar 26
Med crude-Urals diffs firm on softer freight rates from Russia's ports to India
MOSCOW, March 26 (Reuters) - Urals crude differentials firmed on Wednesday on softer freight rates on a key route from Russia's western ports to India amid an increase in offers from Western ship owners after prices for the grade fell below a price cap of $60 per barrel.The cost of shipping Ural...Reuters
Wed, Mar 26
PRECIOUS-Gold slips as dollar, Treasury yields tick higher
Focus on U.S. PCE data on FridaySpot gold up 15% for the year so farBy Brijesh Patel March 26 (Reuters) - Gold prices eased on Wednesday as the dollar and U.S. bond yields climbed, although concerns over the Trump administration's fresh tariffs kept prices above $3,000 per ounce level. Spo...Reuters
Wed, Mar 26
EU wheat steadies as traders shrug off Black Sea shipping deal
PARIS, March 26 (Reuters) - Euronext wheat edged higher on Wednesday, recovering from a two-week low as traders played down the immediate impact of a U.S.-backed deal on Black Sea shipping.An easing in the euro EUR= also helped underpin Euronext, as traders saw improved export prospects for Western ...Reuters
Wed, Mar 26
US Plains HRW Wheat-Spot basis bids unchanged in muted trade
CHICAGO, March 26 (Reuters) - Spot basis bids for hard red winter wheat were flat in the U.S. Plains states on Wednesday as dealers monitored dry weather and waited for next week's U.S. Department of Agriculture quarterly grains stocks report.* Wheat basis bids have held mostly steady this week ...Reuters
Wed, Mar 26
