News
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Ex-CFO of 'smart window' maker View settles with US SEC
Nov 26 (Reuters) - The former chief financial officer of View settled a U.S. Securities and Exchange Commission lawsuit claiming he negligently allowed the company to understate the cost of replacing defective "smart windows."Lawyers for Vidul Prakash and the SEC reached an agreement in prin...Reuters
Wed, Nov 26
GRAINS-Chicago grains firm as traders gauge China purchases
By Renee Hickman CHICAGO, Nov 26 (Reuters) - Chicago soybean futures ticked up on Wednesday as traders eyed Chinese purchases of U.S. beans under a bilateral trade truce and adjusted positions before the U.S. Thanksgiving holiday, analysts said. The oilseed market remained underpinned by indicati...Reuters
Wed, Nov 26
Democratic-led states sue over Trump's food aid cuts for immigrants
Democratic-led states sue over SNAP eligibility changesUSDA guidance challenged for misinterpreting SNAP eligibility for non-citizensStates argue refugees, those granted asylum are eligible for SNAP upon immigration status changeBy Nate Raymond Nov 26 (Reuters) - A group of Democratic-led states ...Reuters
Wed, Nov 26
US group sues Apple over Congo conflict minerals
IRAdvocates alleges Apple uses conflict minerals from DRC and RwandaApple denies links to armed groups, has said suppliers told not to source from region DRC's tightened controls on minerals affect global tech supply chainsBy Maxwell Akalaare Adombila and David Lewis DAKAR/LONDON, Nov 26 (Reu...Reuters
Wed, Nov 26
Cargill says it does not plan to close US beef processing plants
By Tom Polansek CHICAGO, Nov 26 (Reuters) - Cargill Inc has no immediate plans to close its U.S. beef processing plants, the company said on Wednesday, days after meatpacker Tyson Foods TSN.N announced it would shutter a major Nebraska facility as the industry grapples with tight cattle supplies....Reuters
Wed, Nov 26
CORRECTED-PRECIOUS-Gold climbs to over one-week peak as hopes of Fed rate cut rises
Deutsche Bank raises 2026 gold forecast to $4,450 per ounceSpot gold hits highest since November 14Unemployment claims fall, but job market remains weakBy Anjana Anil and Noel John Nov 26 (Reuters) - Gold prices hovered near an over one-week high on Wednesday, after expectations the U.S. Federal ...Reuters
Wed, Nov 26
CBOT wheat futures tick up ahead of US holiday as uncertainty surrounds Ukraine peace talks
CHICAGO, Nov 26 (Reuters) - Chicago Board of Trade wheat futures ended higher on Wednesday as traders squared positions ahead of the U.S. Thanksgiving holiday and uncertainty continued on the fate of a Russia-Ukraine peace deal, according to analysts. CBOT March soft red winter wheat WH26 settled up...Reuters
Wed, Nov 26
US Cash Crude-Grades mixed crude stocks rise, WTI/Brent spread stays wide
HOUSTON, Nov 26 (Reuters) - U.S. crudes were mixed on Wednesday, dealers said, as domestic crude stocks rose while export economics remained workable. U.S. crude stocks climbed as imports rose to an 11-week high, the Energy Information Administration said on Wednesday, while fuel inventories also in...Reuters
Wed, Nov 26
CBOT soybeans rise after China buying
CHICAGO, Nov 26 (Reuters) - Chicago Board of Trade soybean futures moved up on Wednesday as traders eyed Chinese purchases of U.S. beans under a bilateral trade truce and adjusted positions before the U.S. Thanksgiving holiday, analysts said.The oilseed market remained underpinned by indications of ...Reuters
Wed, Nov 26
Carney will go to Washington for soccer draw, says he will see Trump
OTTAWA, Nov 26 (Reuters) - Canadian Prime Minister Mark Carney said on Wednesday he would travel to Washington next week for the 2026 soccer World Cup draw, adding that he would see U.S. President Donald Trump at the event.Carney told reporters he had had a short conversation with Trump on Tuesday, ...Reuters
Wed, Nov 26
ADVISORY-US cash crude report will not be published on November 27
November 26 (Reuters) - The U.S. cash crude assessment CRU/TU and U.S. cash crude report CRU/C will not be published on Thursday, November 27, due to the Thanksgiving holiday. Reuters will resume pricing on Friday, November 28.Reuters
Wed, Nov 26
Oil edges up as investors await clarity on supply, Russia-Ukraine deal
US crude inventories rise by 2.8 million barrelsUkraine peace deal likely to drag down pricesOPEC+ likely to leave output levels unchangedBy Nicole Jao NEW YORK, Nov 26 (Reuters) - Oil prices settled up on Wednesday, bouncing back from one-month lows in the previous session, as investors assessed...Reuters
Wed, Nov 26
SOFTS-London cocoa rebounds, raw sugar rises past resistance
NEW YORK, Nov 26 (Reuters) - London cocoa futures rose on Wednesday as industry buying helped the market regain some ground after the previous session's fall to the lowest level in nearly two years, while raw sugar posted strong gains. There will be no trading for raw sugar, New York co...Reuters
Wed, Nov 26
CIF/FOB Gulf Grain-Soybean barge bids level as China books more sales, futures rise
CHICAGO, Nov 26 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast held near steady on Wednesday as China booked more U.S. purchases and as futures climbed, traders said.Chinese buyers bought at least 10 cargoes of U.S. soybeans in contracts signed since Tuesday, traders sai...Reuters
Wed, Nov 26
US natural gas futures climb 2% on record LNG flows, colder forecasts
Colder weather expected to increase gas demand for heatingLNG export feedgas reaches new daily highEuropean gas prices lower amid Russia-Ukraine peace talksHigher-than-expected storage withdrawal reported by EIARecord US gas output allows for increased stockpilingBy Scott DiSavino Nov 26 (Reuters...Reuters
Wed, Nov 26
China bars Brazil soy cargo on contamination grounds, Folha reports
SAO PAULO, Nov 26 (Reuters) - China has barred 69,000 metric tons of Brazilian soybeans after finding wheat coated with pesticides in the ship's hold were one cargo was being transported, newspaper Folha de S.Paulo reported on Wednesday citing a letter sent from Chinese to Brazilian authorities ...Reuters
Wed, Nov 26
Chicago corn futures rise on positioning, export optimism
CHICAGO, Nov 26 (Reuters) - Chicago Board of Trade corn futures turned higher on Wednesday as traders monitored demand from China and positioned ahead of the U.S. Thanksgiving holiday. CBOT March corn CH26 settled up 7 cents at $4.45-1/4 per bushel. Chinese purchases of U.S. soybeans may have caused...Reuters
Wed, Nov 26
Canada oil and gas spending to decline on lower prices, industry group says
CALGARY, Nov 26 (Reuters) - Canadian oil and gas capital spending will likely decline by 5.6% in 2025 and by 2.2% in 2026 on lower oil prices, industry group Enserva forecast on Wednesday.The number of wells drilled in Canada is expected to fall by 9% year-over-year in 2025 but rebound in 2026.Reuters
Wed, Nov 26
Gold climbs as weaker USD and lower yields offset firm US data
Gold (XAU/USD) rises sharply on Wednesday, edging up over 0.80% sponsored by falling US Treasury yields and a weaker US Dollar, as the odds for a rate cut by the Federal Reserve (Fed) remain elevated despite strong economic data in the US.
Fxstreet
Wed, Nov 26
