News
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US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts
By David ShepardsonWASHINGTON, Aug 19 (Reuters) - The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines,...Reuters
Tue, Aug 19
CIF/FOB Gulf Grain-Soy barge bids remain weak, FOB offers drop
CHICAGO, Aug 19 (Reuters) - Basis bids remained weak for soybeans shipped by barge to U.S. Gulf Coast terminals on Tuesday and FOB offers fell due to the absence of Chinese buying, traders said.China, the world's largest soybean buyer, has turned to Brazilian cargoes amid trade tensions with the...Reuters
Tue, Aug 19
LIVESTOCK-Cattle futures push higher on tight supply, high beef prices
By Heather Schlitz CHICAGO, Aug 19 (Reuters) - Chicago Mercantile Exchange cattle futures continued to rise on Tuesday as a tight supply of cattle, surging wholesale beef prices and a decrease in slaughter rates supported prices, traders said. CME October live cattle futures LCV25 ended 0.175 cen...Reuters
Tue, Aug 19
CORRECTED-US oil and gas M&A activity quadrupled last year, report says
Leading energy companies spent $206.6 billion on M&A in 2024ExxonMobil led the way with $84.5 billion in acquisitionsFocus shift from shareholder returns to growthBy Nicole JaoNEW YORK, Aug 19 (Reuters) - Mergers and acquisitions in the U.S. oil and gas sector more than quadrupled last year desp...Reuters
Tue, Aug 19
US allows emergency authorizations of animal drugs to fight screwworms
FDA allowed to issue emergency authorizations to fight screwwormFlesh-eating pest can infest any warm-blooded animalScrewworm has spread north in Mexico toward US borderBy Tom Polansek CHICAGO, Aug 19 (Reuters) - U.S. health officials gave the Food and Drug Administration the power to quickly aut...Reuters
Tue, Aug 19
Atico Mining Corp's Q2 sales rise 94%
OverviewAtico Mining Q2 sales rise 94% yr/yr to $21.1 mln, driven by strong metal pricesNet income for Q2 reaches $2.7 mln, reversing a loss from the previous yearCopper production drops 42% due to lower ore throughput and gradesOutlookAtico expects gradual operational improvements to enhance financ...Reuters
Tue, Aug 19
US to hold more than 30 offshore oil and gas auctions through 2040
Aug 19 (Reuters) - U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.WHY IT'S IMPORTANTThe plan fulfills a directive in Trump...Reuters
Tue, Aug 19
SOFTS-Arabica coffee sets two-month high buoyed by low stocks
NEW YORK, Aug 19 (Reuters) - Arabica coffee futures on ICE rose to a two-month high on Tuesday, boosted by speculative buying linked to low exchange stocks and bullish price charts. COFFEE* Arabica coffee KCc1 settled up 12.6 cents, or 3.7%, at $3.562 per lb, highest in more than tw...Reuters
Tue, Aug 19
California, other state AGs urge Trump EPA to drop plan to kill greenhouse gas rules
By David ShepardsonWASHINGTON, Aug 19 (Reuters) - Attorneys general from California and several other U.S. states led by Democrats on Tuesday urged President Donald Trump's administration to abandon its plan to rescind the long-standing finding that greenhouse gas emissions endanger human health...Reuters
Tue, Aug 19
Oil prices fall on talks to end Russian invasion of Ukraine
Oil prices down after previous session's 1% gainGeopolitical risks have eased for oil this week -analystTrump says US could help guarantee security for Ukraine HOUSTON, Aug 19 (Reuters) - Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russi...Reuters
Tue, Aug 19
CBOT soybeans tick lower on technical trading
CHICAGO, Aug 19 (Reuters) - Chicago Board of Trade soybean futures fell on profit-taking on Tuesday, with the market also underpinned by last week's reduced U.S. government forecast for the autumn harvest.The USDA held its soybean crop condition rating steady in a weekly report on Monday. The 68...Reuters
Tue, Aug 19
GRAINS-Chicago wheat, corn tick lower on continued supply pressure
Abundant supply pressures corn, wheat futuresSoybeans fall on profit-takingAnnual US Midwest field tour gets under wayBy Heather Schlitz CHICAGO, Aug 19 (Reuters) - Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the w...Reuters
Tue, Aug 19
ICE canola futures slip in listless trade
WINNIPEG, Manitoba, Aug 19 (Reuters) - ICE canola futures slipped in listless trade, remaining at the low point of a nearby range beneath resistance.• November canola RSF5 settled down $5.70 at $646 per metric ton. January RSF6 fell $5.80 to $657.50. • Trading volume has been light in recent session...Reuters
Tue, Aug 19
CBOT wheat hits contract lows on supply pressure
CHICAGO, Aug 19 (Reuters) - Chicago Board of Trade wheat futures fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine.On Monday, Russia's IKAR consultancy raised its 2025 wheat crop forecast to 85.5 million metric ton...Reuters
Tue, Aug 19
Trump blasts appeals court for halting Resolution Copper land transfer
Aug 19 (Reuters) - U.S. President Donald Trump on Tuesday blasted an appeal court's decision to temporarily block federal officials from completing a land transfer needed for Rio Tinto RIO.L and BHP BHP.AX to develop Arizona's Resolution Copper project.Trump, in a post on Truth Social, calle...Reuters
Tue, Aug 19
US Plains HRW Wheat-Basis bids mostly flat on slow demand, lower futures
CHICAGO, Aug 19 (Reuters) - Spot basis bids for hard red winter wheat were mostly unchanged around the southern U.S. Plains on Tuesday, underpinned by slow farmer selling and sinking futures prices but capped by light demand, grain merchants said.Farmer sales have remained slow since the harvest rec...Reuters
Tue, Aug 19
Health Rounds: Human fetal kidney development mimicked in test tubes
By Nancy LapidAug 19 (Reuters) - Hello Health Rounds readers! Today we feature two early laboratory studies with promising implications for understanding and treating kidney disorders and cancers related to human papillomavirus infections. We also share findings that might ease some hard-of-hearing ...Reuters
Tue, Aug 19
CORRECTED-Google announces Tennessee as site for small modular nuclear reactor
Google partners with TVA, Kairos Power for nuclear projectFirst U.S. utility power purchase agreement for generation IV nuclearProject supports U.S. AI dominance and energy leadership, says Energy SecretaryBy Laila Kearney NEW YORK, Aug 18 (Reuters) - Google GOOGL.O, with Kairos Power, has select...Reuters
Tue, Aug 19
CBOT corn eases on high yield expectations
CHICAGO, Aug 19 (Reuters) - Chicago Board of Trade corn futures eased on Tuesday as strong yield projections from a U.S. Midwest field tour maintained supply pressure.The condition of the U.S. corn crop declined slightly over the past week but remained at its strongest since 2016 at 71% good-to-exce...Reuters
Tue, Aug 19
