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EU wheat slips further after Black Sea shipping deal announced
PARIS, March 25 (Reuters) - Euronext wheat fell further on Tuesday as the U.S. announced agreements with Russia and Ukraine to protect maritime trade in the Black Sea, raising the prospect of increased export competition, traders said. May wheat BL2K5 on Euronext settled 0.9% down at 220.25 euros ($...Reuters
Tue, Mar 25
Zaporizhzhia plant to stay in Russian control, joint operation ruled out, Moscow says
MOSCOW, March 25 (Reuters) - Russia's Foreign Ministry said on Tuesday that the Zaporizhzhia nuclear plant is a Russian facility and transferring control of it to Ukraine or any other country is impossible.The ministry also said that jointly operating the plant was not admissible as it would be ...Reuters
Tue, Mar 25
Oil loading slows at Venezuela's ports amid US tariffs, license termination, data shows
March 25 (Reuters) - Loading of Venezuela's heavy crude at its main oil ports slowed this week after the administration of U.S. President Donald Trump published an executive order imposing a 25% tariff on trade with countries buying the South American nation's oil, according to shipping data...Reuters
Tue, Mar 25
METALS-LME copper hits near six-month peak, still under the spell of Trump tariffs
By Eric Onstad LONDON, March 25 (Reuters) - Copper prices extended gains to their highest in nearly six months on Tuesday as traders kept up speculative buying based on expected U.S. tariffs and the dollar weakened after U.S. data.Benchmark three-month copper CMCU3 on the London Metal Exchang...Reuters
Tue, Mar 25
GRAINS-Wheat futures drop on Black Sea agreements
By Renee Hickman CHICAGO, March 25 (Reuters) - Chicago wheat futures eased on Tuesday as the United States announced it had reached agreements with Russia and Ukraine to ensure safe navigation in the Black Sea. Corn and soybeans also fell as corn planting moved rapidly in the southern U.S...Reuters
Tue, Mar 25
US Plains HRW Wheat-Spot basis bids flat in quiet trade
CHICAGO, March 25 (Reuters) - Spot basis bids for hard red winter wheat were flat in the U.S. Plains on Tuesday in a quiet trade while dealers monitored dry conditions.* U.S.-Russia talks on Ukraine also weighed on prices, with progress potentially bearish for prices as a ceasefire could secure Blac...Reuters
Tue, Mar 25
Europe Gasoline/Naphtha-Gasoline margins jump
LONDON, March 25 (Reuters) - Northwest European gasoline refining profit margins rose by more than $2 a barrel on Tuesday to $9.20, as summer grade gasoline continued trading.A total of 10,000 metric tons of E5 gasoline barges traded as Trafigura and Litasco sold to Varo and Mabanaft.A further 6,000...Reuters
Tue, Mar 25
EXPLAINER-Russia gets US to agree to help lift curbs on food, fertilizer and shipping
By Guy Faulconbridge MOSCOW, March 25 (Reuters) - Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a maritime security deal in the Black Sea.The United States further said it had also agreed with Russia ...Reuters
Tue, Mar 25
Trump cuts hit struggling food banks, risking hunger for low-income Americans
Food banks face reduced supplies due to $1 billion in funding cutsEmergency food funding paused, impacting food distribution nationwideLocal farmers lose sales as USDA programs are slashedBy Leah Douglas, P.J. Huffstutter and Renee Hickman WASHINGTON, March 25 (Reuters) - Food banks across the co...Reuters
Tue, Mar 25
US Cash Grains-Corn, soy bids rise as selling slows
CHICAGO, March 25 (Reuters) - Spot basis bids for corn and soybeans at processors, river terminals and ethanol plants in the U.S. Midwest increased as buyers were forced to pay premiums for the crops after farmer selling ground to a halt, analysts said.* Spot soybean bids increased at a processor an...Reuters
Tue, Mar 25
U.S. nuclear power plant outages
March 25 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Tue, Mar 25
Smithfield Foods says materials costs, Easter date dampen Q1 profit
By Tom Polansek and Juveria Tabassum March 25 (Reuters) - Smithfield Foods SFD.O said on Tuesday that cautious consumer spending and higher raw materials costs are limiting profit in its packaged meats business, as the top U.S. pork processor reported its first quarterly results since going publi...Reuters
Tue, Mar 25
Portugal's Galp confident it will find alternative markets if US tariffs bite
By Sergio Goncalves and Miguel PereiraSINES, Portugal, March 25 (Reuters) - Portuguese oil company Galp Energia's GALP.LS gasoline exports to the United States could be curtailed if U.S. President Donald Trump imposes tariffs on European goods, but the company is confident it can find alternativ...Reuters
Tue, Mar 25
Russia confirms it has agreed to ensure safe navigation in Black Sea, Kremlin says
MOSCOW, March 25 (Reuters) - Russia confirms that Moscow has agreed to ensure safe navigation in the Black Sea, the Kremlin said on Tuesday.Russia and the United States have also agreed to develop measures to halt strikes on Russian and Ukrainian energy facilities for a period of 30 days that began ...Reuters
Tue, Mar 25
Ukraine's Zelenskiy says Black Sea and energy ceasefire effective immediately
KYIV, March 25 (Reuters) - Ukrainian President Volodymyr Zelenskiy said a truce covering the Black Sea and energy infrastructure was effective immediately on Tuesday and that he would seek more weapons and sanctions on Russia from Donald Trump if Moscow broke the deals.The United States said earlier...Reuters
Tue, Mar 25
Trafigura says no bank lender lost money as a result of Mongolia fraud
Lausanne, Switzerland, March 25 (Reuters) - Bank lenders to commodity trader Trafigura lost no money on the $1.1 billion Mongolia fraud discovered by the company because all losses have been absorbed by its shareholders, Trafigura Chief Executive Richard Holtum told the FT Commodities Summit.Reuters
Tue, Mar 25
Private equity firm Trive sued over alleged fuel infrastructure scheme
By Mike ScarcellaMarch 25 (Reuters) - A fuel station supplier sued Trive Capital and two of its portfolio companies in federal court in Iowa on Monday, claiming they restricted competition in the U.S. Midwest for gas pump distribution and servicing, driving up fuel prices.The lawsuit from JF Petrole...Reuters
Tue, Mar 25
EXPLAINER-What are the US and Europe doing to counter Houthi strikes in the Red Sea?
MADRID, March 25 (Reuters) - In a messaging group that mistakenly disclosed plans by the U.S. to attack Yemen's Iran-aligned Houthis to a journalist, senior Trump administration officials including persons identified as Vice President JD Vance and Defense Secretary Pete Hegseth accused Europe o...Reuters
Tue, Mar 25
