News
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RPT-Riyadh Air CEO says airline supply chain issues starting to improve
Repeats February 20 story with no changesBy David French MIAMI, Feb 20 (Reuters) - Supply chains for major planemakers Boeing BA.N and Airbus AIR.PA are showing signs of moderate improvement, the chief executive of Saudi start-up Riyadh Air said on Thursday. Securing adequate parts, for both n...Reuters
Fri, Feb 21
TECHNICALS-CBOT soybeans may test resistance at $10.52
For more technical analyses, please click SINGAPORE, Feb 21 (Reuters) - The CBOT soybean March contract SH25 may test resistance at $10.52 per bushel, a break above which could open the way toward $10.58-1/2.A wedge proved to be a bullish pattern, suggesting a target of $10.58-1/2. A retracement ana...Reuters
Fri, Feb 21
GRAINS-Wheat set for seventh straight weekly gain on tightening supply
Adds analyst comment, updates prices CANBERRA, Feb 21 (Reuters) - Chicago wheat futures were set for their seventh consecutive weekly gain on Friday, supported by expectations of tighter supply despite prices losing momentum in recent days as concerns eased that U.S. crops could be damaged by col...Reuters
Fri, Feb 21
INSIGHT-Trump seeks to reshape Asia's energy supplies with US gas
Japan, other Asian buyers look to step up US LNG purchasesAlaska project featured prominently in Trump talks with Japan PM Ishiba, officials sayUS stressed Japan's trade imbalance, maritime security in Ishiba meeting, officials sayAlaska LNG developers seeking investment from firms such as Japan...Reuters
Fri, Feb 21
GRAINS-Wheat eyes seventh straight weekly gain on tighter supply outlook
CANBERRA, Feb 21 (Reuters) - Chicago wheat futures were on track for their seventh consecutive weekly gain on Friday, supported by expectations of tighter supply despite prices losing momentum in recent days as concerns eased that U.S. crops could be damaged by cold weather. Corn and soybeans also c...Reuters
Fri, Feb 21
WTI consolidates below mid-$72.00s; seems poised to register gains for the first time in five weeks
West Texas Intermediate (WTI) US Crude Oil prices oscillate in a narrow trading range band during the Asian session on Friday and consolidate gains registered over the past four days.
Fxstreet
Fri, Feb 21
METALS-London copper retreats on stronger dollar, Trump tariff fears
Feb 21 (Reuters) - London copper eased on Friday, as the dollar strengthened and market participants were worried about metal demand after U.S. President Donald Trump threatened earlier this week to impose tariffs on cars and semiconductors chips.Three-month copper on the London Metal Exchange (LME)...Reuters
Fri, Feb 21
Oil extends gains on strong US demand hopes, Russia supply concerns
By Yuka Obayashi TOKYO, Feb 21 (Reuters) - Oil prices extended gains on Friday, headed for a weekly increase, as falling inventories of U.S. gasoline and distillate raised expectations of solid demand while concerns over supply disruptions in Russia lent support.Brent LCOc1 futures climbed 16 cen...Reuters
Fri, Feb 21
BRIEF-Chevron Pasadena Texas, Refinery Reports Tank Spill
Feb 20 (Reuters) - Chevron Corp CVX.N:REPORTS TANK SPILL AT PASADENA TEXAS, REFINERY SAYS RE-ROUTED PRODUCT TO ALTERNATE TANK TO STOP THE RELEASESAYS USED VACUUM TRUCKS TO RECOVER SPILLED PRODUCT FROM THE SECONDARY CONTAINMENTREFINERY CAPACITY: 112,229 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVI...Reuters
Fri, Feb 21
COLUMN-Brazil's ever-expanding soybean area may face challenges from China: Braun
The opinions expressed here are those of the author, a market analyst for Reuters.By Karen Braun NAPERVILLE, Illinois, Feb 20 (Reuters) - Global soybean exporting giant Brazil has increased plantings of the oilseed for 18 consecutive years, a staggering streak unmatched in the industry.But for ho...Reuters
Fri, Feb 21
USDA says it will release $20 million of frozen farmer funds
Adds details of the agency's freeze, quote from USDA secretary in paragraphs 2, 4-9By P.J. Huffstutter CHICAGO, Feb 20 (Reuters) - The U.S. Department of Agriculture will release approximately $20 million in funding for previously approved contracts that had been frozen by the Trump administr...Reuters
Fri, Feb 21
CIF/FOB Gulf Grain-Soybean, corn barge basis surges on loading hurdles
CHICAGO, Feb 20 (Reuters) - Spot basis bids for soybeans delivered by barge to the U.S. Gulf Coast surged on Thursday, as exporters rushed to fill vessels due to the slower pace of Brazil's harvest, traders said.* Basis bids for corn shipped by barge also climbed, as weather-related woes have ma...Reuters
Fri, Feb 21
Japan trade minister says he hopes to speak with US counterpart soon
TOKYO, Feb 21 (Reuters) - Japanese industry and trade minister Yoji Muto said on Friday he wanted to visit the United States at the earliest opportunity to exchange views with his counterparts regarding U.S. tariffs.At a regular press conference, Muto also said he planned to hold discussions with th...Reuters
Fri, Feb 21
LIVESTOCK-CME hogs drop with pork belly prices; exchange corrects price
By Tom PolansekFeb 20 (Reuters) - Chicago Mercantile Exchange lean hog futures slid on Thursday, as a sharp setback in pork belly prices set a negative tone for the market, brokers said.Exchange-owner CME Group CME.O said it made an error on the final settlement price for February hog futures that i...Reuters
Fri, Feb 21
USDA will release first tranche of funding frozen due to IRA program review
By P.J. HuffstutterCHICAGO, Feb 20 (Reuters) - U.S. Department of Agriculture will release approximately $20 million in funding for previously approved contracts that had been frozen by the Trump administration's push to overhaul the federal government, the agency said late ThursdayUSDA Secretar...Reuters
Fri, Feb 21
BRIEF-ANZ Expects OPEC To Delay Production Hikes Planned For Early April Given Geopolitical Uncertainties
Feb 20 (Reuters) - ANZ:SAYS "GIVEN THE ECONOMIC AND GEOPOLITICAL UNCERTAINTIES AND ITS NEED TO SUPPORT OIL PRICES, WE EXPECT OPEC WILL DELAY THE PRODUCTION HIKES PLANNED FOR EARLY APRIL"SAYS THEIR BASE CASE IS FOR CHINA’S OIL DEMAND GROWTH TO BE SLIGHTLY HIGHER IN 2025 AT 300KB/D, BUT RISKS ...Reuters
Fri, Feb 21
Alliant Energy beats fourth-quarter profit estimates on higher electricity rates
Feb 20 (Reuters) - Utility firm Alliant Energy LNT.O beat fourth-quarter profit estimates on Thursday, helped by higher electricity rates.Regulated utilities use rate case proceedings to seek rate increases, basing their appeals on their investments or expenses incurred in delivering services.Quarte...Reuters
Thu, Feb 20
GRAINS-Soy futures rebound amid South America crop concerns
Adds closing prices in paragraphs 7, 8 and 12; US planting estimates in paragraph 9By Tom Polansek CHICAGO, Feb 20 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South ...Reuters
Thu, Feb 20
