News
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CIF/FOB Gulf Grain-Soybean basis weak on light demand, lower barge freight
CHICAGO, March 4 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were flat to lower on Wednesday, weighed down by light export demand and easing river freight costs, traders said.CIF corn basis bids at the Gulf were also steady to weaker.Accelerated farmer sales thi...Reuters
Wed, Mar 4
More than 2,000 Canadians request assistance leaving Middle East, official says
March 4 (Reuters) - More than 2,000 Canadians have requested assistance from the Canadian government to leave the Middle East amid the intensifying U.S. and Israeli conflict with Iran, a Canadian official said on Wednesday.Reuters
Wed, Mar 4
LIVESTOCK-CME cattle higher on buying interest, tight supply
By Heather SchlitzCHICAGO, March 4 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures turned higher on Wednesday on buying interest fueled by bullish fundamentals, including a 75-year-low cattle herd and the northward spread of New World Screwworm.CME April live cattle futures LC...Reuters
Wed, Mar 4
Tech giants sign energy pledge at White House ahead of midterms
Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon sign on Effort aims to ease voter concerns over higher electricity billsCompanies expected to commit to efficiency and dedicated powerBy Jarrett Renshaw and Laila KearneyMarch 4 (Reuters) - Google GOOGL.O, Microsoft MSFT.O, Meta META.O, Amazon...Reuters
Wed, Mar 4
Canada's Xtract One Q2 revenue rises
OverviewCanada threat detection firm's fiscal Q2 revenue roseGross margin decreased to 54% from 70%Company raised C$11.5 mln through public offering for growth accelerationOutlookCompany expects solid top-line growth in the second half of fiscal 2026Result DriversREVENUE GROWTH - Revenue increas...Reuters
Wed, Mar 4
CANADA-CRUDE-Discount on Western Canada Select widens
March 4 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Wednesday for the first time since the U.S.-Israeli war on Iran began. WCS for April delivery in Hardisty, Alberta, settled at $12.45 a barrel below the U.S...Reuters
Wed, Mar 4
Exxon to send its first fuel shipment from US Gulf Coast to Australia, sources say
Exxon to ship refined products on tankers Largo Eagle and Nord Ventura, sources sayShipments will be first exports of fuel from US Gulf Coast to Australia since late 2023Asian refiners struggling with crude shortages due to Middle East crisisTraders skeptical about whether US Gulf to Australia route...Reuters
Wed, Mar 4
WRAPUP 9-US sinks Iranian warship far from Gulf, NATO downs Iranian missile heading for Turkey
Iran says new supreme leader to be chosen soonUS, Israel press on with strikes on Iran on 5th day of warUS submarine sinks Iranian warship near Sri LankaNATO defences intercept missile heading for Turkey, Ankara says By Parisa Hafezi, Pesha Magid and Tuvan Gumrukcu DUBAI/JERUSALEM/ANKARA, March 4...Reuters
Wed, Mar 4
Iran will target Israeli nuclear site if regime change is sought, Iranian official says
March 4 (Reuters) - Iran will target the Israeli nuclear site of Dimona if Israel and the U.S. seek regime change in the Islamic Republic, semi-official ISNA news agency reported on Wednesday, citing an Iranian military official.Reuters
Wed, Mar 4
GRAINS-Chicago grains ease as market shifts focus from Iran conflict
By Heather Schlitz CHICAGO, March 4 (Reuters) - Chicago grain and soybean futures turned slightly lower on Wednesday as focus turned toward an abundant global supply of grains and away from the ongoing conflict in Iran that temporarily boosted prices, analysts said.The most-active soybean contrac...Reuters
Wed, Mar 4
US Plains HRW Wheat-Basis bids mostly flat, crop weather improves
CHICAGO, March 4 (Reuters) - Basis bids for hard red winter wheat were largely steady in the southern U.S. Plains on Wednesday, dealers said, as crop weather improved.Scattered showers and thunderstorms developed across parts of Kansas and Oklahoma, the U.S. Department of Agriculture said in a daily...Reuters
Wed, Mar 4
CBOT corn down on spillover weakness from wheat
CHICAGO, March 4 (Reuters) - Chicago Board of Trade corn futures headed lower on Wednesday on spillover weakness from wheat futures as the conflict in Iran faded into the background for some commodity traders.U.S. corn export sales remained solid, with U.S. prices the cheapest among major exporters....Reuters
Wed, Mar 4
Venezuela to soon submit mining law reform to National Assembly, Rodriguez says
CARACAS, March 4 (Reuters) - Venezuela's interim President Delcy Rodriguez said on Wednesday that a reform of the country's main mining law will be submitted in coming days to the National Assembly for its discussion.Rodriguez spoke at the end of a key meeting with the U.S. Secretary of Inte...Reuters
Wed, Mar 4
CBOT soybeans lower on global supply, export doubts
CHICAGO, March 4 (Reuters) - Chicago Board of Trade soybean futures turned slightly lower on Wednesday as focus turned toward an abundant global supply of grains and away from the ongoing conflict in Iran that temporarily boosted prices, analysts said.Though some traders have shifted focus away from...Reuters
Wed, Mar 4
CBOT wheat lower on improving US weather
CHICAGO, March 4 (Reuters) - Chicago Board of Trade wheat futures turned lower on improving weather in the U.S. wheat belt on Wednesday and the end of a short-covering rally that had supported prices the previous week.Rains across the U.S. winter wheat belt and parts of the U.S. Midwest are providin...Reuters
Wed, Mar 4
Pentagon sought fresh supply of 13 critical minerals day before Iran attack
Pentagon seeks supplies of nickel, graphite, other mineralsProposals due to Pentagon's DIBC by March 20Latest move by Trump administration to boost domestic minerals supplyBy Ernest Scheyder March 4 (Reuters) - The U.S. military asked mining companies last Friday to help boost domestic suppli...Reuters
Wed, Mar 4
U.S., Australia can do little to replace lost Qatari LNG cargoes
US LNG plants are running near full capacity, limiting the potential for output increase amid Qatar disruptionsVenture Global has the most flexibility, with higher percentage of spot market salesAustralian producers also lack capacity for short-term production increases, sources and analysts sayBy C...Reuters
Wed, Mar 4
Everspin Q4 revenue rises 12% yr/yr
OverviewMRAM solutions provider's preliminary Q4 revenue rose 12% yr/yr, driven by key application areasCompany's Q4 gross margin decreased to 50.8% from 51.3% last yearQ4 non-GAAP net income declined to $2.6 mln from $2.8 mln last yearOutlookEverspin expects Q1 2026 revenue between $14.0 ml...Reuters
Wed, Mar 4
