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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
US Cash Grains-Corn, soy basis bids mixed; futures choppy
CHICAGO, July 24 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Thursday as traders eyed weather and signs of a trade deal with foreign buyers. The corn basis fell at an Ohio port and two Iowa elevators but rose at an Illinois elevator.The soy basis fell at an Io...Reuters
Thu, Jul 24
Safe-haven gold slips as trade optimism lifts risk appetite
EU, US near deal with possible 15% tariff, EU diplomats sayTrump to visit Federal Reserve US weekly jobless claims unexpectedly fallsBy Sherin Elizabeth Varghese July 24 (Reuters) - Gold prices fell for a second straight session on Thursday, as signs of easing global trade tensions dampened deman...Reuters
Thu, Jul 24
Peru seizes 4 tons of black market mercury bound for illegal gold mines
Mercury was camouflaged as crushed rock from MexicoGold prices surged 28.5% this year200 tons of mercury smuggled from Mexico to South America since 2019, EIA findsBy Marco Aquino LIMA, July 24 (Reuters) - Peruvian authorities have halted a shipment of about four metric tons of mercury headed to ...Reuters
Thu, Jul 24
Valero beats estimates as refining margins offset renewable diesel loss
Refining margins rebound cushions renewable diesel lossesValero's refining segment reports $1.3 billion operating incomeValero plans to operate refineries at 94% capacity in Q3 2025By Nicole Jao and Tanay Dhumal July 24 (Reuters) - Refiner Valero Energy VLO.N beat Wall Street estimates for se...Reuters
Thu, Jul 24
US Plains HRW Wheat-Basis bids steady in quiet trade
CHICAGO, July 24 (Reuters) - Spot basis bids for U.S. Plains hard red winter wheat were flat in U.S. Plains states on Thursday as low wheat prices discouraged farmer selling, dealers said. U.S. wheat is now cheaper than wheat from Europe or top exporter Russia, where a large harvest is beginning to ...Reuters
Thu, Jul 24
REFILE-GRAINS-CBOT corn futures climb on technical trading, trade deal hopes
Corn futures rise on short-covering, consolidationSoybean futures pressured by weak export sales, favorable U.S. crop weatherWheat exports high; U.S. dollar strength, global supply limit gainsBy P.J. Huffstutter CHICAGO, July 24 (Reuters) - Chicago Board of Trade corn futures ticked up on Thursda...Reuters
Thu, Jul 24
Packaging firm Winpak misses Q2 revenue estimates on muted demand
OverviewWinpak Q2 2025 revenue falls 3.8% yr/yr, missing analyst expectationsNet income for Q2 declines 22.2% due to reduced gross profit marginsCompany repurchased 235,649 shares under normal course issuer bidOutlookWinpak expects 2025 H2 gross profit margins of 30% to 32%Company forecasts 2025 cap...Reuters
Thu, Jul 24
US considers limited authorizations for oil firms in Venezuela, sources say
July 24 (Reuters) - U.S. President Donald Trump's administration is discussing authorizations to key partners of Venezuela's state-run oil company PDVSA, starting with Chevron CVX.N, which would allow them to operate with limitations in the sanctioned OPEC country, four sources close to the ...Reuters
Thu, Jul 24
US gas producer CNX Resources boosts 2025 output estimate without extra spending
By Scott DiSavino July 24 (Reuters) - U.S. energy firm CNX Resources CNX.N said in its second quarter earnings that it plans to produce more natural gas this year than previously expected to meet growing demand while spending the same amount of money.Earlier this week, two other big U.S. gas prod...Reuters
Thu, Jul 24
Trump Administration Greenlights Chevron To Resume Pumping Oil In Venezuela- WSJ
July 24 (Reuters) - TRUMP ADMINISTRATION GREENLIGHTS CHEVRON TO RESUME PUMPING OIL IN VENEZUELA- WSJUNDER THE AGREEMENT WITH CHEVRON IN VENEZUELA, NO ROYALTIES OR TAXES WOULD GO TO THE MADURO REGIME- WSJSource text: https://tinyurl.com/yy7em3mdReuters
Thu, Jul 24
Canada's First Quantum to explore gold pre-payment deal from Zambian mines
By Divya Rajagopal TORONTO, July 24 (Reuters) - Canadian miner First Quantum Minerals FM.TO is exploring a gold pre-payment deal from its Zambian mines to boost its balance sheet, CFO Ryan MacWilliam told analysts on Thursday, as the company looks at new options to raise funds beyond a stake sale...Reuters
Thu, Jul 24
Europe Gasoline/Naphtha-Gasoline profit margins gain
LONDON, July 24 (Reuters) - Northwest European gasoline profit margins widened by about 67 cents on the day to $13.51 a barrel on Thursday while inventories in northwest Europe rose.A total of 6,000 metric tons of Eurobob E5 gasoline barges traded, below the previous session's liquidity. Trafigu...Reuters
Thu, Jul 24
METALS-U.S. copper falls after hitting record high
By Polina Devitt LONDON, July 24 (Reuters) - U.S. copper futures fell after hitting a record high on Thursday due to mounting uncertainty with just over a week left until the planned date for the U.S. import tariff on the metal.The most active COMEX copper futures HGc3 were down 0.5% at $5.7925 a...Reuters
Thu, Jul 24
Brazil's biggest conilon coffee cooperative to launch cocoa pilot project in Bahia state
By Oliver GriffinSAO PAULO, July 24 (Reuters) - Brazil's biggest conilon coffee cooperative, Cooabriel, is launching a cocoa pilot project in the country's Bahia state slated for September in collaboration with commodities powerhouse Cargill, it said in an interview this week.Cooabriel hopes...Reuters
Thu, Jul 24
Chevron tells Hess staff to focus on safety as they await job updates
By Sheila Dang HOUSTON, July 24 (Reuters) - Chevron CVX.N leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two Hess employees who spoke with Reuters.Chevro...Reuters
Thu, Jul 24
EU wheat extends fall to one-week low
PARIS, July 24 (Reuters) - European wheat prices extended the previous session's fall on Thursday as ample supplies, thin demand and a high euro continued to weigh on prices.Benchmark September milling wheat BL2U5 on Paris-based Euronext, was down 1.50% by 1602 GMT to 196.50 euros ($231.22) a me...Reuters
Thu, Jul 24
Silver Price Forecast: XAG/USD eases as risk-on mood caps safe-haven flows
Silver (XAG/USD) edges lower on Thursday after marking a fresh 14-year high of $39.53 on Wednesday, as improving global trade sentiment boosted risk appetite and dented demand for traditional safe-haven assets like precious metals.
Fxstreet
Thu, Jul 24
Iran will defend right to enrich uranium in talks with E3, foreign minister says
DUBAI, July 24 (Reuters) - Iran will defend its nuclear rights including uranium enrichment in talks scheduled for Friday with France, Britain and Germany, Foreign Minister Abbas Araqchi said in a video carried by state media on Thursday. Araqchi said Iran has always been willing to advance its nucl...Reuters
Thu, Jul 24
