News
Important Only
LIVESTOCK-CME cattle futures reach new highs on cash trade
By Renee Hickman CHICAGO, July 21 (Reuters) - Chicago Mercantile Exchange cattle futures reached new life of contract highs on Monday on firm U.S. cash prices and expectations of fewer imports available from Brazil, according to analysts. Cash prices have set records this year as cattle inventori...Reuters
Mon, Jul 21
US Cash Products-Gulf Coast conventional gasoline rises ahead of new Colonial cycle
NEW YORK, July 21 (Reuters) - Cash differentials for conventional gasoline gained in the U.S. Gulf Coast spot market on Monday, the last day to trade for gasoline deliveries on the Colonial Pipeline's 43rd annual pumping cycle to New York Harbor, traders said.Gulf Coast M2 conventional gasoline ...Reuters
Mon, Jul 21
US Cash Grains-Corn bids fall, soy rise as futures fall
CHICAGO, July 21 (Reuters) - Spot basis bids for corn tipped lower while soybean bids rose on Monday as futures ticked lower and cash trade remained slow. Chicago corn and soybean futures fell on forecasts for crop-friendly rain in U.S. grain belts this week.The U.S. Department of Agriculture rated ...Reuters
Mon, Jul 21
US Plains HRW Wheat-Basis bids hold steady as futures fall
CHICAGO, July 21 (Reuters) - Spot basis bids for U.S. Plains hard red winter wheat were flat in the U.S. Plains on Monday amid light farmer selling and quiet trade. Chicago Board of Trade wheat futures ended lower on Monday as farmers in Russia began selling more wheat, the U.S. winter wheat harvest...Reuters
Mon, Jul 21
CIF/FOB Gulf Grain-Corn barge bids flat-up, farmers slow to sell crops
CHICAGO, July 21 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were flat to slightly higher on Monday as farmers were slow to sell their crops, traders said. Low prices have discouraged farmers from selling corn and soybeans.The U.S. Department of Agriculture lower...Reuters
Mon, Jul 21
US Cash Crude-Grades slip despite slightly wider US/Brent spread
July 21 (Reuters) - U.S. sour cash crude grades weakened on Monday, dealers said, the day prior to the expiration of the U.S. crude futures contract. The sour grades weakened despite a slightly wider discount of U.S. crude to the international benchmark Brent. The discount WTCLc1-LCOc1 widened to la...Reuters
Mon, Jul 21
ICE canola ends down; weather boosts production prospects
July 21 (Reuters) - ICE canola futures ended lower on Monday, pressured by benign crop weather in the Canadian Prairies, while commercial pricing kept a floor under prices, traders said.Forecasters noted beneficial rains in portions of the northern U.S. Plains and Canadian Prairies and cooler-than-n...Reuters
Mon, Jul 21
CBOT soybeans sag as forecasts become more favorable
CHICAGO, July 21 (Reuters) - Chicago Board of Trade soybean futures fell Monday as forecasts for the U.S. Midwest show rains offsetting the impact of high temperatures on crops and traders continue to worry about the outcome of U.S. - China trade talks. The U.S. Midwest will see a brief burst of hea...Reuters
Mon, Jul 21
GRAINS-Corn, soybeans fall as rain expected to help US crops
Midwest showers pressure soybeans and cornWheat dips on Russian farmer salesTariff concerns ahead of August 1 deadline pressure grains and oilseedsBy Renee Hickman CHICAGO, July 21 (Reuters) - Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts ...Reuters
Mon, Jul 21
CBOT wheat ends down on harvest progress, weather
CHICAGO, July 21 (Reuters) - Chicago Board of Trade wheat futures ended lower on Monday as farmers in Russia began selling more wheat, the U.S. winter wheat harvest progressed, and weather for the spring wheat crop looked favorable. The U.S. Department of Agriculture is expected to report that the ...Reuters
Mon, Jul 21
SOFTS-Robusta coffee falls nearly 5% on ample supplies, cocoa up
NEW YORK, July 21 (Reuters) - Robusta coffee futures on ICE fell nearly 5% on Monday to hit a 16-month low with newly harvested beans from Brazil and Indonesia ensuring that supplies remain ample while cocoa regained some ground after recent weakness. COFFEE* Robusta coffee LRCc2 settled down $...Reuters
Mon, Jul 21
Oil slips as little impact seen from EU sanctions on Russia
EU sanctions target Russian crude supplySanctions unlikely to affect supplies, analysts sayIran nuclear talks could affect oil market dynamicsUS tariffs on EU imports could influence oil demandBy Georgina McCartney HOUSTON, July 21 (Reuters) - Oil prices settled slightly lower on Monday as the la...Reuters
Mon, Jul 21
US natgas prices fall 7% to 1-week low on record output, lower demand forecasts
March-April spread premium lowest since 4 March, 2020Gas stockpiles at 6% over normal and growing Gas output hits daily record high on July 18By Scott DiSavinoJuly 21 (Reuters) - U.S. natural gas futures fell about 7% to a one-week low on Monday on record output and forecasts for less hot weather ov...Reuters
Mon, Jul 21
PRECIOUS-Gold hits five-week high as dollar, yields ease; spotlight on trade
EU to ramp up retaliation plans as US tariff deal prospects dimBessent says Fed needs to be examined as an institutionSilver, palladium up 2% By Sherin Elizabeth Varghese and Ashitha Shivaprasad July 21 (Reuters) - Gold prices gained over 1% to hit a five-week high on Monday as the dollar and U.S...Reuters
Mon, Jul 21
CBOT corn futures fall as weather fears recede
CHICAGO, July 21 (Reuters) - Chicago Board of Trade corn futures finished lower on Monday as worries about excessive heat in the U.S. corn belt faded, with forecasts for showers emerging. The U.S. Midwest will see a brief burst of heat midweek, but showers are expected to limit stress to the corn cr...Reuters
Mon, Jul 21
CANADA RESEARCH ROUNDUP-Arizona Metals, George Weston, Loblaw Companies
July 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Arizona Metals, George Weston and Loblaw Companies on Monday.HIGHLIGHTS * Arizona Metals Corp AMC.TO: Scotiabank cuts to sector perform from sector outperform* Bombardier BBDb.TO:...Reuters
Mon, Jul 21
Gold soars above $3,390 as US Dollar, Treasury yields slide on trade jitters, Fed independence
Gold price rallied over 1% on Monday as the US Dollar and US Treasury yields tumbled sharply amid uncertainty over trade deals, amid an overall risk-on mood on the markets. At the time of writing, the XAU/USD trades at $3,397 after bouncing off daily lows of $3,338.
Fxstreet
Mon, Jul 21
US Cash Grains-Corn, soybean basis mixed as futures drop
CHICAGO, July 21 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Monday as futures dropped and selling remained slow.Farmer sales of both commodities have been slow this week as cash prices are hovering near recent lows.Warm weather and heavy rains have created a ...Reuters
Mon, Jul 21
GRAINS-Corn, soybeans fall as rain expected to help US crops
Midwest showers pressure soybeans and cornWheat dips on Russian farmer salesTariff concerns ahead of August 1 deadline pressure grains and oilseedsBy Renee Hickman CHICAGO, July 21 (Reuters) - Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts ...Reuters
Mon, Jul 21
Construction sector must tackle tariff-driven disruptions: QBE
By Navneeta NandanJuly 21 - (The Insurer) - Construction firms are reassessing their procurement strategies and project planning as they face escalating geopolitical risks as a result of changing U.S. trade policy, QBE warned in a report on Monday.The report noted that tariffs on key construction ma...Reuters
Mon, Jul 21
