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US natgas prices hold near 2-week high as hot weather boosts power demand
US storage build in line with estimates - EIANHC downgrades chance of tropical storm in Gulf of MexicoLNG outages at Elba in Georgia and Freeport in Texas this weekBy Scott DiSavino July 17 (Reuters) - U.S. natural gas futures held near a two-week high on Thursday as hot weather forced power gene...Reuters
Thu, Jul 17
Trump effort to build food aid recipient database unlawful, lawmakers say
By Leah Douglas WASHINGTON, July 17 (Reuters) - The Trump administration's plan to amass a database of U.S. food aid recipients for the purpose of checking immigration status and avoiding duplicate enrollment amounts to an unlawful privacy violation, lawmakers said in a letter on Thursday to ...Reuters
Thu, Jul 17
Coke's shift to cane sugar would be expensive, hurt US farmers
Shift to cane sugar would disrupt supply chains, increase costsCorn syrup cheaper than sugar, widely used in U.S. food industryEliminating corn syrup to result in $5.1 bln loss in farm revenue -CRATariffs complicate potential cane sugar imports from BrazilBy Marcelo Teixeira and Karl Plume NEW YO...Reuters
Thu, Jul 17
Chile will hold meeting with copper industry next Tuesday to discuss US tariffs, minister says
SANTIAGO, July 17 (Reuters) - Chile will hold a meeting with members of the country's copper industry next Tuesday to discuss the impacts of tariffs from the United States, Mining minister Aurora Williams said on Thursday.Chile is the world's largest copper producer.U.S. President Donald Tru...Reuters
Thu, Jul 17
US Plains HRW Wheat-Spot basis bids mostly steady, harvesting nearly done
CHICAGO, July 16 (Reuters) - Spot basis bids for hard red winter wheat held mostly steady across the southern U.S. Plains on Thursday as futures eased and the harvest wound down in top HRW wheat-growing states, merchants said. Farmer sales were slow as prices remained just above recent two-month low...Reuters
Thu, Jul 17
New York halts offshore wind transmission plan amid federal uncertainty
July 17 (Reuters) - The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect state ratepayers from premature infrastructure costs, it said on Thursday.This halts the Public Policy Transmission Need (PPTN...Reuters
Thu, Jul 17
US Cash Grains-Corn bids flat to lower on slow demand, soybean bids steady
CHICAGO, July 17 (Reuters) - Spot basis bids for corn delivered to U.S. Midwest elevators and processing plants were flat to lower on Thursday on generally slow demand, while soybean basis bids were mostly unchanged.An elevator in Cincinnati, Ohio, cut its spot corn basis bid by 7 cents a bushel and...Reuters
Thu, Jul 17
PRECIOUS-Gold eases on firmer dollar, solid US data
US retail sales beat expectations in JuneFed's Kugler: No rate cut for some time as tariffs pass through to pricesPalladium hits near 2-year peakBy Sarah Qureshi July 17 (Reuters) - Gold prices edged lower on Thursday, weighed down by a stronger dollar and robust U.S. economic data, while cau...Reuters
Thu, Jul 17
Baghdad says KRG has agreed on export resumption to state oil marketer amid drone attacks
Baghdad says KRG agreed to hand over crude to SOMODrone attacks have cut Kurdistan oil output by halfIran-backed militias suspected of conducting the attacksBy Ahmed Rasheed BAGHDAD, July 17 (Reuters) - Iraqi Kurdistan will resume oil exports through a pipeline to Turkey after a two-year halt, Ir...Reuters
Thu, Jul 17
CANADA RESEARCH ROUNDUP-Autocanada, Canadian National Railway, NFI Group
July 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Autocanada, Canadian National Railway and NFI Group on Thursday.HIGHLIGHTS * Autocanada Inc ACQ.TO: Canaccord Genuity raises target price to C$32.00 from C$28.00* Boyd Group Servi...Reuters
Thu, Jul 17
GRAINS-Soy futures exceed one-week high, corn futures retreat from gains
By Tom Polansek CHICAGO, July 17 (Reuters) - Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.Corn futures retreated after rising for the previous th...Reuters
Thu, Jul 17
Canadian wheat, canola crops a 'mixed bag,' with rain critical
Mixed crop conditions across Western Canada, from 'terrible' to 'terrific'Durum wheat and lentils face lower yields due to droughtBy Ed White LANGHAM, Saskatchewan, July 17 (Reuters) - Canadian farmers are likely to produce average-size wheat and canola crops this autumn, but year...Reuters
Thu, Jul 17
Japan, EU to explore joint rare earths procurement, Nikkei reports
July 17 (Reuters) - Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such as the procurement of rare earths, the Nikkei newspaper reported on Thursday. As China, the dominant supplier of rare earths, tightens ...Reuters
Thu, Jul 17
US transport chief on California high-speed rail: 'We have to pull the plug'
WASHINGTON, July 17 (Reuters) - U.S. Transportation Secretary Sean Duffy said he is confident the administration will defeat any lawsuit challenging the department's decision to rescind $4 billion in U.S. government funding for California's High-Speed Rail project."I wish it could have g...Reuters
Thu, Jul 17
Euronext wheat edges up as euro slips
PARIS, July 17 (Reuters) - European wheat futures ticked up on Thursday with support from a lower euro, though weak export prospects and supply pressure from advancing Northern Hemisphere harvests capped prices, traders said.September wheat BL2U5, the most-active position on Euronext's Paris-bas...Reuters
Thu, Jul 17
METALS-Copper rises as better than expected US retail sales lift sentiment
By Polina Devitt LONDON, July 17 (Reuters) - Copper prices rose on Thursday as better than expected U.S. retail sales outweighed rising copper stocks and uncertainty about the U.S. import tariff.Three-month copper CMCU3 on the London Metal Exchange added 0.3% to $9,665.50 a metric ton by 1623 GMT...Reuters
Thu, Jul 17
US solar panel makers seek tariffs on imports from Indonesia, India, Laos
By Nichola Groom July 17 (Reuters) - A group of U.S. solar panel manufacturers asked the Commerce Department on Thursday to impose tariffs on imports from Indonesia, India and Laos, accusing companies there of dumping cheap goods in the market to undercut new American factories.The petition is th...Reuters
Thu, Jul 17
Interior secretary to review all solar, wind energy decisions on federal lands
July 17 (Reuters) - The Trump administration said on Thursday that all decisions related to siting solar and wind energy facilities on federal lands will be reviewed by the office of Interior Secretary Doug Burgum.The elevated reviews are meant to end what the Interior Department said was preferenti...Reuters
Thu, Jul 17
REFILE-ARA gasoil stocks fall by 5%, Insights Global data shows
LONDON, July 17 (Reuters) - Gasoil stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell by nearly 5% on the week to their lowest since December 2023, data from Dutch consultancy Insights Global showed on Thursday. Gasoil stocks, which also include diesel, stood at 1.7...Reuters
Thu, Jul 17
Europe Gasoline/Naphtha-Gasoline profit margins slip on higher stocks
LONDON, July 17 (Reuters) - Northwest European gasoline profit margins fell by $1.36 a barrel on Thursday as inventories of the motor fuel rose on both sides of the Atlantic. A total of 8,000 metric tons of Eurobob E5 gasoline barges traded, with BP, Trafigura and Exxon Mobil selling to Total...Reuters
Thu, Jul 17
