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CIF/FOB Gulf Grain-Corn barge basis firm on demand from exporters
CHICAGO, April 10 (Reuters) - Spot basis bids for corn shipped by barge to U.S. Gulf Coast terminals were firm on Friday because of export demand and slow farmer sales, traders said.A setback in grain prices recently boosted demand from South Korean importers.Exporters sold 125,640 metric tons of U....
Reuters
Fri, Apr 10
Moody's Ratings Changes Ghana's Outlook To Positive From Stable Affirms Caa1 Ratings
April 10 (Reuters) - MOODY'S RATINGS CHANGES GHANA'S OUTLOOK TO POSITIVE FROM STABLE; AFFIRMS CAA1 RATINGSMOODY'S: CHANGE IN GHANA'S OUTLOOK TO POSITIVE DRIVEN BY INCREASING LIKELIHOOD OF DURABLE IMPROVEMENT IN DOMESTIC FINANCING CONDITIONSMOODY'S: NOW EXPECT GHANA'S DEBT AFF...
Reuters
Fri, Apr 10
US team heads to Iran talks in Pakistan with low expectations
Iran demands sanctions relief, inclusion of Lebanon ceasefireWhite House skeptical over prospects for reopening Strait of HormuzMajor gaps remain between US and Iranian negotiating positionsBy Simon Lewis and Nandita Bose WASHINGTON, April 10 (Reuters) - A U.S. team led by Vice President JD Vance...
Reuters
Fri, Apr 10
Vineyard Wind sues GE Vernova to block it from abandoning work on wind farm
By Nate Raymond BOSTON, April 10 (Reuters) - Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova GEV.N from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion.Vineyard Wind, a joint v...
Reuters
Fri, Apr 10
US Plains HRW Wheat-Spot basis bids flat on slow sales as farmers await more rain
CHICAGO, April 10 (Reuters) - Basis bids for hard red winter (HRW) wheat were mostly steady across the southern U.S. Plains on Friday as weaker futures prices kept a lid on farmer selling interest as growers awaited more rain in the drought-hit region, grain merchants said.HRW wheat futures KWv1 hav...
Reuters
Fri, Apr 10
US loans 8.5 million barrels of SPR oil in second batch since Iran war
By Timothy Gardner and Ismail Shakil WASHINGTON, April 10 (Reuters) - The U.S. Department of Energy said on Friday it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve to four oil companies, the second allotment under the Trump administration's effort to curb f...
Reuters
Fri, Apr 10
CBOT corn ends lower, anchored by ample supplies
CHICAGO, April 10 (Reuters) - Chicago Board of Trade corn futures declined on Friday for a fourth straight session, pressured by ample world grain supplies, inter-market spreading against soybeans and long liquidation ahead of the weekend, traders said.CBOT May corn CK26 settled down 3 cents at $4.4...
Reuters
Fri, Apr 10
Iran says delegation led by Qalibaf arrives in Islamabad for talks with US
April 10 (Reuters) - An Iranian negotiating delegation led by Parliament Speaker Mohammad Baqer Qalibaf arrived in Islamabad on Friday for peace talks with the United States, Iranian media reported on Friday, adding that negotiations would begin if Washington accepted Tehran's "preconditions...
Reuters
Fri, Apr 10
CBOT soybeans hit two-week high as soymeal soars 4%
CHICAGO, April 10 (Reuters) - Chicago Board of Trade soybean futures set a two-week high on Friday and soymeal futures surged more than 4% on firm cash markets and news of an unusual sale of U.S. soymeal to Italy, analysts said.CBOT May soybeans SK26 settled up 10-1/2 cents, or 0.9%, at $11.75-3/4 p...
Reuters
Fri, Apr 10
Oil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022
Attacks have cut Saudi oil output by 600,000 bpd, state news agency saysShipping at near-standstill in Strait of HormuzBrent down 12.7%, WTI down 13.4% this week Russia's crude exports from western ports has increasedBaker Hughes says U.S. rig count down 7%By Siddharth Cavale NEW YORK, April...
Reuters
Fri, Apr 10
Peru orders new review of Southern Copper's stalled Tia Maria project, cancels okay
By Marco Aquino and Natalia SiniawskiLIMA, April 10 (Reuters) - Peru's government has revoked its authorization for Southern Copper's Tia Maria copper project and sent it back to authorities for review, the mining ministry said on Friday, creating a new obstacle for the long-stalled project....
Reuters
Fri, Apr 10
Americans give record-low marks to economy, in ominous sign for Republicans
Inflation surge driven by Iran war, oil supply cuts, and record gasoline pricesConsumer sentiment hits record low, with Republicans' outlook dropping sharplyWhite House officials worry Iran war distracts from addressing voters' economic concernsBy Nandita Bose WASHINGTON, April 10 (Reuter...
Reuters
Fri, Apr 10
Gold steady near $4,760 as Iran talks weigh on US Dollar
Gold (XAU/USD) price remains steady on Friday, poised to finish the week with gains of almost 2% as the US Dollar tumbles amid optimism about Iran-US talks in Pakistan throughout the weekend. Also, a mildly high US inflation report trimmed the Federal Reserve's (Fed) dovish bets for 2026.
Gold
Fxstreet
Fri, Apr 10
US loans 8.5 million barrels of SPR oil in second batch since Iran war
WASHINGTON, April 10 (Reuters) - The U.S. Department of Energy said on Friday it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve to four oil companies, the second allotment under the Trump administration's effort to curb fuel prices that have surged during the U...
Reuters
Fri, Apr 10
US natgas hits 17-month low on mild weather, ample stockpiles
Mild weather and low demand boost gas storage above 5-year averageWaha Hub prices remain negative for record 45 days due to Permian pipeline constraintsUS gas output rises in April but daily production dips on Louisiana, Wyoming reductionsBy Scott DiSavino NEW YORK, April 10 (Reuters) - U.S. natu...
Reuters
Fri, Apr 10
GRAINS-Soybeans hit two-week high as soymeal jumps; corn, wheat sag
Soymeal climbs after USDA confirms export sales to ItalyCorn, wheat pressured by ample global suppliesWheat down 4.5% this week, biggest weekly loss since late JuneBy Julie Ingwersen CHICAGO, April 10 (Reuters) - Chicago soybeans hit a two-week high on Friday and soymeal futures surged more t...
Reuters
Fri, Apr 10
U.S. Democrats keep pressure on Trump regulators over 'suspicious' trades
WASHINGTON, April 10 (Reuters) - Two Democratic U.S. senators have called on the federal commodities markets watchdog to investigate lucrative recent trading activity on oil markets since March 23 that closely coincided with White House moves in the Iran war, adding to pressure from opposition party...
Reuters
Fri, Apr 10
Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say
Analysts see steepest deficit in Q2, with possible surplus by Q4 Up to 2 million bpd capacity may be permanently lost, ANZ warnsBrent price forecasts surged 30%, Reuters poll showsBy Kavya Balaraman and Anjana Anil April 10 (Reuters) - The sharp hit to global oil production from the Iran war is p...
Reuters
Fri, Apr 10
US-Iran talks in Islamabad are a "make or break" for a permanent ceasefire, Pakistan PM says
April 10 (Reuters) - Pakistani Prime Minister Shehbaz Sharif said late on Friday that the US-Iran talks in Islamabad slated to begin on Saturday were a make or break to achieve a permanent ceasefire in the weeks-long Middle East conflict. In a separate set of measures announced during his addr...
Reuters
Fri, Apr 10
PRECIOUS-Gold heads for weekly gain, US-Iran truce in focus
Strait of Hormuz still shut and Lebanon fighting strains truce US consumer prices surge as expected in MarchSpot gold up nearly 2% this week By Ashitha Shivaprasad April 10 (Reuters) - Gold prices held steady on Friday but headed for a weekly gain as the U.S. dollar weakened following the U.S.-Ir...
Reuters
Fri, Apr 10
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