News
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USDA attache report notes drought, 'sub-par' conditions for Canada's wheat crop
July 24 (Reuters) - Following are selected highlights from a report issued on Thursday by the U.S. Department of Agriculture's Foreign Agricultural Service post in Ottawa: "Marketing year (MY) 2025/26 wheat production is under pressure from sub-par spring and winter wheat conditions in k...Reuters
Thu, Jul 24
CIF/FOB Gulf Grain-Soybean barge bids weaken, corn bids flat-down
CHICAGO, July 24 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals eased on Thursday, traders said.CIF Gulf soybean barges loaded in July were bid at about 98 cents over Chicago Board of Trade August SQ25 futures, down 3 cents from Wednesday. August soybean barges w...Reuters
Thu, Jul 24
Pembina Pipeline Reaches Settlement With Shippers On Alliance Pipeline
July 24 (Reuters) - Pembina Pipeline Corp PPL.TO:PEMBINA PIPELINE REACHES SETTLEMENT WITH SHIPPERS ON ALLIANCE PIPELINEPEMBINA PIPELINE CORP - SETTLEMENT INCLUDES 10-YEAR TERM EFFECTIVE NOVEMBER 1, 2025PEMBINA PIPELINE CORP - NEW TOLLS EXPECTED TO REDUCE LONG-TERM FIRM TOLLS BY 14% ON VOLUME WEIGHTE...Reuters
Thu, Jul 24
Ovintiv posts Q2 EPS of $1.18, raises FY production outlook
OverviewOvintiv Q2 production exceeds guidance, raising full-year production outlookCompany lowers full-year capital investment guidance by $50 mln at midpointOvintiv returns $223 mln to shareholders via dividends and buybacksOutlookOvintiv raises full-year production guidance to 600-620 MBOE/dCompa...Reuters
Thu, Jul 24
Gold slips as strong US jobs data offsets trade, Fed uncertainty
Gold price retreats during the North American session, down by over 0.50% on Thursday following the release of strong labor market data despite weakening manufacturing activity, according to the S&P Global Flash PMI survey.
Fxstreet
Thu, Jul 24
USDA will relocate most Washington-area staff, farm secretary says
Farm agency to move 2,600 staff out of Washington to five regional hubsMove will bring the USDA closer to its 'core constituency,' farm secretary saysEmployees warn of attrition and higher costsSenate, House farm committee leaders call for hearingsBy Leah Douglas WASHINGTON, July 24 (Reut...Reuters
Thu, Jul 24
GRAINS-CBOT corn, soybean futures climb on technical trading, trade deal hopes
Corn futures rise on short-covering, consolidationWheat exports high, but global supply limit gainsSoybean futures rise despite sluggish US export salesBy P.J. Huffstutter CHICAGO, July 24 (Reuters) - Chicago Board of Trade corn futures ticked up on Thursday on signs of short-covering and consoli...Reuters
Thu, Jul 24
Crude finishes with 1% gain on supply concerns and US crude draws
HOUSTON, July 24 (Reuters) - Oil prices rose 1% on Thursday as U.S. crude draws and expected cuts to Russian gasoline exports overwhelmed news that oil major Chevron CVX.N will gain U.S. approval to renew production in Venezuela.Reuters
Thu, Jul 24
Aircraft parts supplier Hexcel beats Q2 sales estimates
OverviewHexcel Q2 sales decline 2.1% to $490 mln, beating analyst expectationsAdjusted EPS of $0.50 beats analyst forecasts, adjusted operating income misses estimatesCo completes Belgium facility closure, incurs $24.2 mln in restructuring chargesOutlookCo maintains 2025 guidance and the guidance do...Reuters
Thu, Jul 24
US Cash Crude-Mars strengthens further after contamination issue resolved
July 24 (Reuters) - Cash price differentials for Mars Sour strengthened on Thursday, dealers said, after oil producer Chevron CVX.N said this week that zinc levels in the grade's production stream are now within expected levels after some contamination was identified in recent weeks.The start-up...Reuters
Thu, Jul 24
Gold miner Newmont beats estimates for second-quarter profit
July 24 (Reuters) - Newmont NEM.N surpassed Wall Street expectations for second-quarter profit on Thursday, as the gold miner benefited from a rally in bullion prices.On an adjusted basis, the world's top gold miner posted a profit of $1.43 per share for the three months ended June 30, compared ...Reuters
Thu, Jul 24
ICE canola futures slip but remain rangebound
WINNIPEG, Manitoba, July 24 (Reuters) - ICE canola futures slipped on Thursday, with good Canadian weather and little direction among vegoils keeping prices rangebound.• November canola RSX5 settled down $2.40 at $695.70 per metric ton. January RSF6 settled down $3.20 at $705.10.• Volume has dropped...Reuters
Thu, Jul 24
CBOT wheat futures edge up amid strong US weekly exports
CHICAGO, July 24 (Reuters) - Chicago Board of Trade wheat futures recouped some losses on Thursday, though expectations of ample global supplies and strength in the U.S. dollar .DXY capped the gains, market analysts said.Net U.S. wheat export sales for the week ended July 17 came in at 712,000 metri...Reuters
Thu, Jul 24
US natgas prices edge up on coming heat wave, small storage build
Gas stockpiles at 6% above normal and growingGas output on track for monthly record high in JulyHottest days of summer coming early next weekBy Scott DiSavinoJuly 24 (Reuters) - U.S. natural gas futures edged up about 1% on Thursday on a smaller-than-expected storage build and forecasts for the hott...Reuters
Thu, Jul 24
Chicago soybeans rise on trade hopes despite sluggish weekly exports
CHICAGO, July 24 (Reuters) - Chicago Board of Trade soybean futures clawed back some of their losses on Thursday, ending the day higher on technical trading and trade deal hopes - even as U.S. weekly export sales came in at the lower end of trade estimates and U.S. crop weather continued to weigh on...Reuters
Thu, Jul 24
Chicago corn futures rise as traders eye Trump's export push
CHICAGO, July 24 (Reuters) - Chicago Board of Trade corn futures turned higher on Thursday on signs of short-covering and consolidation, and with traders hopeful that President Donald Trump will get foreign buyers to purchase more U.S. farm goods, market analysts said.New-crop CBOT December CZ25 end...Reuters
Thu, Jul 24
Trump EPA aims to repeal vehicle emission rules after revoking greenhouse gas endangerment finding
Summary says EPA will seek to repeal all vehicle, engine emission standardsRescission of scientific finding open for public comment soonCalifornia suing US over state rule ending gasoline vehicle salesBy Valerie Volcovici and David Shepardson WASHINGTON, July 24 (Reuters) - The U.S. Environmental...Reuters
Thu, Jul 24
