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Dominican Republic has over 150 million tons of rare earth deposits, president says
SANTO DOMINGO, Feb 27 (Reuters) - The Dominican Republic has identified rare earth deposits that could position the Caribbean nation as a significant future supplier of minerals critical to high-tech industries, President Luis Abinader said on Friday.Preliminary studies indicate gross deposits excee...Reuters
Fri, Feb 27
Barclays says Brent could reach $80 a barrel on US-Iran tensions
Feb 27 (Reuters) - Barclays said Brent crude could rise to around $80 per barrel in the event of a material supply disruption, as U.S.-Iran tensions remain elevated."While it is entirely possible that an escalation does not lead to a supply disruption and the $3-5/b risk premium in oil prices fa...Reuters
Fri, Feb 27
Brazil's Braskem Q4 resin sales volume in Brazil -8% from a year earlier
Feb 27 (Reuters) - Braskem SA BRKM3.SA:Q4 RESIN SALES VOLUME IN BRAZIL -8% FROM A YEAR EARLIERQ4 AVERAGE UTILIZATION RATE OF ITS PETROCHEMICAL PLANTS IN BRAZIL AT 59% - FILINGQ4 SALES VOLUME OF MAIN PETROCHEMICAL PRODUCTS IN BRAZIL -13% FROM A YEAR EARLIERQ4 SALES VOLUME OF POLYETHYLENE IN MEXICO +1...Reuters
Fri, Feb 27
Canada's Taiga Q4 revenue falls on lower lumber prices
OverviewCanada building materials firm's fiscal Q4 revenue fell 8% yr/yr due to lower lumber pricesCompany reported fiscal Q4 net loss of C$9.1 mln due to impairment of U.S. subsidiaryFiscal Q4 gross margin improved to 11.5% from 10.6% last yearOutlookCompany expects performance to improve as U....Reuters
Fri, Feb 27
Bird flu devastates 7.4 million Pennsylvania chickens in a month
Bird flu triggers crisis, Pennsylvania governor saysWild geese suspected of spreading virus to poultry flocksFarmers brace for wild birds to migrate in springBy Tom Polansek CHICAGO, Feb 27 (Reuters) - Bird flu has wiped out 7.4 million chickens in Pennsylvania in the past month, a swift and deva...Reuters
Fri, Feb 27
GRAINS-US wheat climbs to one-year peak as US-Iran tensions spook funds
Risk of Iran conflict spurs short coveringSoybeans still supported by demand expectationsWheat hits 1-year high, corn at 7-week topBy Karl Plume CHICAGO, Feb 27 (Reuters) - U.S. wheat futures rallied to a one-year high on Friday as worries about a U.S.-Iran military conflict sparked short coverin...Reuters
Fri, Feb 27
LIVESTOCK-CME cattle futures dive on poor packer margins, lower cash prices
By Karl Plume CHICAGO, Feb 27 (Reuters) - Chicago Mercantile Exchange cattle futures tumbled for a second straight session on Friday as deeply negative beef packer margins and lower cash cattle prices weighed on the market, analysts said.A looming strike at a large beef plant in Greeley, Colorado...Reuters
Fri, Feb 27
US says research funding into new farm practices to surpass $1 billion
Feb 27 (Reuters) - The United States will invest an additional $200 million in research into new and sustainable farm practices, bringing the total to more than $1 billion, the government said on Friday.The administration is pushing efforts to reduce the use of pesticides by finding alternatives.The...Reuters
Fri, Feb 27
Oil prices rise more than 2% as US and Iran extend talks
US-Iran talks end with no deal but signs of progressTechnical discussions scheduled for Vienna next week Brent and WTI benchmarks trade at multi-month highs UAE, Saudi to increase output in April, sources say By Erwin Seba HOUSTON, Feb 27 (Reuters) - Oil prices rose about 2% on Friday with trader...Reuters
Fri, Feb 27
CBOT soybeans reach 20-month high on demand optimism, rising soyoil
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade soybean futures scaled to a 20-month high on Friday on expectations for improving demand from biofuel makers and hopes for import purchases by China, analysts said.Soybean drew support from rising soyoil prices. Soyoil futures posted life-of-contrac...Reuters
Fri, Feb 27
US natgas futures edge up on higher global energy prices, near-record LNG exports
Gas futures rise despite warmer weather forecastsTexas Waha Hub prices negative for 16th consecutive dayLNG export flows near record levels in FebruaryBy Scott DiSavino NEW YORK, Feb 27 (Reuters) - U.S. natural gas futures edged up on Friday on near-record liquefied natural gas export flows a...Reuters
Fri, Feb 27
CBOT corn rises to 7-week peak on technical buying, higher wheat
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade corn futures rose for a third straight session on Friday as short covering, technical buying and spillover support from higher wheat lifted the market to a seven-week peak, analysts said.Nearby corn prices remained well supported by strong export de...Reuters
Fri, Feb 27
US says research funding into new farm practices to surpass $1 billion
Feb 27 (Reuters) - The United States will invest over $1 billion in research into new and sustainable farm practices, following an additional $200 million in funding, the Environmental Protection Agency as well as the departments of Agriculture and Health and Human Services said in a joint statement...Reuters
Fri, Feb 27
CBOT wheat rallies to 1-year high as US-Iran tensions ignite short covering
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade wheat futures jumped to a one-year peak on Friday as concerns about U.S.-Iran tensions triggered short covering by funds that held a large net short position in the market, traders said.Technical buying accelerated gains as futures topped multi-mont...Reuters
Fri, Feb 27
Chile denies onboard care by Chinese medical ship as US pressure mounts
Chile denies Chinese ship medical services due to lack of local authorizationUS pressures Chile over ties with China amid undersea cable project concernsUS restricts visas for Chilean officials over telecom-infrastructure concernsSANTIAGO, Chile, Feb 27 (Reuters) - Chile denied permission for a Chin...Reuters
Fri, Feb 27
US oil output fell in December to lowest since June 2025, EIA says
NEW YORK, Feb 27 (Reuters) - U.S. oil production fell for the second consecutive month in December to its lowest level since June last year, while demand reached a multi-month high, the Energy Information Administration said on Friday.Crude oil output averaged 13.66 million barrels per day in Decemb...Reuters
Fri, Feb 27
Panama officials search CK Hutchison's local office as tensions rise
Panama raids CK Hutchison unit amid US-China trade tensionsCompany says raid undermines due process, legal security for investorsPanama's President Mulino downplays potential Chinese responseMulino says 'China needs Panama - a lot' Top court ruled CK Hutchison's port contracts uncons...Reuters
Fri, Feb 27
IAEA: local ceasefire will help restore power backup to Ukraine's Zaporizhzhia nuclear plant
Feb 27 (Reuters) - The International Atomic Energy Agency on Friday said it has negotiated a temporary local ceasefire between Ukraine and Russia, allowing restoration for a backup power supply to Ukraine's Zaporizhzhia nuclear power plant (ZNPP)."The fifth local ceasefire negotiated by the ...Reuters
Fri, Feb 27
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
US seeks to take Skipper and its oil without compensationUS seized Skipper tanker near Venezuela in DecemberTanker one of 10 seized by US with at least two returnedBy Daphne Psaledakis and Timothy Gardner WASHINGTON, Feb 27 (Reuters) - The U.S. is seeking to take ownership of Motor Tanker Skipper...Reuters
Fri, Feb 27
PRECIOUS-Gold nears one-month high, set for seventh straight monthly rise
Gold set for a monthly gain of more than 7%China's January gold imports via Hong Kong rose 69% MoMUS producer prices increase more than expected in JanuarySilver, platinum, palladium also set for monthly rise By Anmol Choubey Feb 27 (Reuters) - Gold rose to near a one-month high on Friday and...Reuters
Fri, Feb 27
