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US CFTC says it has power to police prediction market misconduct
NEW YORK, Feb 25 (Reuters) - U.S. Commodity Futures Trading Commission (CFTC) on Wednesday said it has the power to police illegal trading practices in predictions markets, following a statement from a top firm that it had flagged two insider trading cases to the agency.The CFTC said it has the "...Reuters
Wed, Feb 25
USDA selling its flagship South Building in Washington, relocating staff
Trump has moved to downside and reshape US governmentThousands of USDA employees have left the governmentBuilding is "shell of what it once was," USDA chief saysBy Karl Plume CHICAGO, Feb 25 (Reuters) - The U.S. Department of Agriculture is selling its flagship South Building office hub o...Reuters
Wed, Feb 25
CBOT soybeans reach three-month high on hopes for Chinese demand
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade soybean futures set a three-month high on Wednesday on increased hopes for U.S. sales to China, analysts said.Traders initially feared that President Donald Trump's decision to introduce a global 10% tariff - and his pledge to increase that to 1...Reuters
Wed, Feb 25
CBOT corn closes slightly higher, supported by US export demand
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade corn futures finished slightly higher on Wednesday as solid U.S. export demand continued to underpin the market, analysts said.Gains in the soy market helped lift corn futures, traders said.Taiwan's MFIG purchasing group bought about 65,000 metr...Reuters
Wed, Feb 25
French government survives first of two no-confidence votes on energy law
PARIS, Feb 25 (Reuters) - The French government survived the first of two no-confidence motions in parliament on Wednesday filed following its decision to adapt through decree a new energy law, without giving the National Assembly the final say.The motion, filed by France's far-right National Ra...Reuters
Wed, Feb 25
Shell ready for bigger backstop of Brazil sugar-ethanol JV Raizen, sources say
By Luciana Magalhaes, Oliver Griffin and Sabrina ValleSAO PAULO, Feb 25 (Reuters) - Oil major Shell SHEL.L, the healthier joint-venture partner in Brazilian sugar and ethanol producer Raizen, is ready to pour more resources into a recapitalization of the distressed company, three people familiar wit...Reuters
Wed, Feb 25
USDA selling its flagship South Building in Washington, relocating staff to other locations
CHICAGO, Feb 25 (Reuters) - The U.S. Department of Agriculture is selling its South Building office and research hub in Washington DC and relocating employees to other locations across the country, the agency said on Wednesday.The move to vacate and sell the massive but aging building on the Nationa...Reuters
Wed, Feb 25
PRECIOUS-Gold climbs as tariff and geopolitical risks spur safe‑haven demand
Iran and US to hold new round of talks on ThursdayGold may soften into spring but tariffs could limit downturn, BofA saysPlatinum hits highest level since January 29By Anmol Choubey Feb 25 (Reuters) - Gold gained on Wednesday as investors moved into safe havens on concerns that tariffs could stok...Reuters
Wed, Feb 25
Ghana targets 127 tons of artisanal gold annually under sweeping reforms
Ghana aims to curb gold smuggling with new reformsGoldBod to manage price risk and sales of ASM gold riskReforms include environmental, enforcement and fiscal changesBy Emmanuel Bruce ACCRA, Feb 25 (Reuters) - Ghana plans to channel about 127 metric tons of gold per year from artisanal and small‑...Reuters
Wed, Feb 25
GRAINS-Soybean futures hit three-month high on China and biofuel demand hopes
U.S. EPA to send biofuel blending proposal to White HouseTraders watch for fresh Chinese buying after holidaysCBOT wheat eases from 8-month top as weather threats recedeBy Tom Polansek CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade soybean futures set a three-month high on Wednesday, buoyed b...Reuters
Wed, Feb 25
Louisiana utility regulators deny environmental law group's request to investigate $27 billion meta data center deal, law group says
Feb 25 - Louisiana utility regulators denie an environmental law group's request to investigate a $27 billion meta data center deal, the law group Earthjustice said on Wednesday.Earthjustice last month asked the Louisiana Public Utility Commission to probe financing of the project, which the gro...Reuters
Wed, Feb 25
US Cash Grains-Soybean basis bids steady to up
CHICAGO, Feb 25 (Reuters) - Basis bids for soybeans were steady to higher at elevators and processors in a spot check of locations in the U.S. Midwest on Wednesday as futures climbed. Soybean basis bids gained 1 cent at an elevator in Cincinnati, Ohio and 5 cents at a processor in Cedar Rapids, Iowa...Reuters
Wed, Feb 25
Tanker carrying fuel likely bound for Cuba halted in Atlantic Ocean, shipping data says
Feb 25 (Reuters) - A Hong Kong-flagged tanker carrying fuel likely bound for Cuba has halted navigation in the Atlantic Ocean, ship tracking data showed on Wednesday, a blow for the oil-thirsty Caribbean nation.The tanker Sea Horse loaded through a ship-to-ship transfer in the Mediterranean before d...Reuters
Wed, Feb 25
Gold reclaims $5,200 on trade jitters and Fed cut bets
Gold prices rise over 1% on Wednesday amid uncertainty on US trade policies and expectations that the Federal Reserve (Fed) will ease policy through the rest of the year. At the time of writing, XAU/USD trades at $5,204 after bouncing off its worst levels at $5,121.
Fxstreet
Wed, Feb 25
Saudi Aramco confirms damage at its Juaymah terminal, says scheduled deliveries would be cancelled
Feb 25 (Reuters) - Saudi Aramco 2223.SE confirmed on Wednesday that scheduled propane and butane deliveries from its Juaymah natural gas liquids terminal in eastern Saudi Arabia would be canceled, saying a small segment of the delivery system was "structurally damaged" earlier this week.Aram...Reuters
Wed, Feb 25
WTI under pressure as US stockpiles jump, OPEC+ signals supply increase
West Texas Intermediate (WTI) trades under pressure on Wednesday as a larger-than-expected US crude inventory build and expectations of higher OPEC+ output fuel renewed oversupply worries. At the time of writing, the US benchmark is trading around $65.45, down nearly 1.25%.
Fxstreet
Wed, Feb 25
EU wheat lower as euro and Chicago weigh
PARIS, Feb 25 (Reuters) - Euronext wheat eased on Wednesday, moving back from a three-month peak under pressure from weakness in Chicago futures and a rise in the euro, traders said.May milling wheat BL2K6, the most-active position on Euronext, was down 0.1% at 197.00 euros ($232.70) a metric ton by...Reuters
Wed, Feb 25
Global coffee production to hit all-time high in 2026/2027, Rabobank says
NEW YORK, Feb 25 (Reuters) - Global coffee production is projected to reach 180 million 60-kg bags in the 2026/2027 season that starts in October, the largest annual supply on record, according to a report by Dutch bank Rabobank released on Wednesday.The bank said higher arabica coffee production in...Reuters
Wed, Feb 25
