News
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US again halts cattle imports from Mexico over flesh-eating screwworms
Screwworm pest has advanced closer to US borderMexican President Sheinbaum called US decision "exaggerated" Mexican Beef Producers Association regrets haltBy Tom Polansek CHICAGO, July 10 (Reuters) - The flesh-eating livestock pest New World screwworm has advanced closer to the U.S. borde...Reuters
Thu, Jul 10
Barrick Mining Says Lumwana Project Is Tracking Well Against Its 2025 Production Guidance
July 10 (Reuters) - Barrick Mining Corp ABX.TO:LUMWANA EXPANSION IN FULL SWING AS BARRICK BUILDS TIER ONE COPPER MINEBARRICK MINING CORP - LUMWANA EXPANSION TO DOUBLE COPPER PRODUCTION TO 240,000 TONNESBARRICK MINING: LUMWANA IS TRACKING WELL AGAINST ITS 2025 PRODUCTION GUIDANCEReuters
Thu, Jul 10
US coffee, orange juice prices could surge if Trump's Brazil tariffs stick
US raises Brazil's August 1 tariffs to 50% from 10%Brazil is world's largest coffee, orange juice and sugar growerAround a third of coffee and half the orange juice sold in the US, comes from BrazilTrump may yet row back on tariff level, date, analysts sayBy May Angel and Marcelo Teixeira ...Reuters
Thu, Jul 10
Red Sea insurance soars after deadly Houthi ship attacks
By Jonathan Saul LONDON, July 10 (Reuters) - The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.The Red Sea is ...Reuters
Thu, Jul 10
CANADA RESEARCH ROUNDUP-Canadian Pacific Kansas, Mullen Group, Thomson Reuters
July 10 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Canadian Pacific Kansas, Mullen Group and Thomson Reuters on Thursday.HIGHLIGHTS * Canadian Pacific Kansas City CP.TO: Scotiabank raises PT to C$120 from C$115* Groupe Dynamite In...Reuters
Thu, Jul 10
Mexico president says US decision to close border over screwworm is 'exaggerated'
MEXICO CITY, July 10 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday that the U.S. decision to halt cattle imports from Mexico again over the flesh-eating screwworm pest was "exaggerated." "From our point of view, it is a totally exaggerated decision to close the border ...Reuters
Thu, Jul 10
UAE ready for another oil capacity boost if markets require
Says oil capacity could rise to 6 million bpd if market requiresUAE could become world's No.4 oil producerCapacity and quotas are often contested within OPEC+By Ahmad Ghaddar, Yousef Saba and Maha El Dahan VIENNA, July 10 (Reuters) - The United Arab Emirates could further boost its oil capaci...Reuters
Thu, Jul 10
Bidder for Citgo parent Gold Reserve says happy with refiner's management
HOUSTON, July 10 (Reuters) - Executives of Toronto-listed Gold Reserve GRZ.V said on Thursday the mining company is pleased with the performance of Venezuela-owned Citgo Petroleum's management, a sign that top company executives might remain if a bid by a Gold Reserve subsidiary for the refiner&...Reuters
Thu, Jul 10
Arclight To Acquire 484 MW Middletown Energy Center Natural Gas Power Plant, Ohio
July 10 (Reuters) - ARCLIGHT:SAYS IT HAS ENTERED INTO DEFINITIVE AGREEMENTS TO ACQUIRE MIDDLETOWN ENERGY CENTER, A 484 MW NATURAL GAS FIRED POWER GENERATION ASSET IN BUTLER, COUNTY, OHIO.SAYS ARCLIGHT IS ACQUIRING MIDDLETOWN THROUGH SERIES OF TRANSACTIONS FROM CONSORTIUM OF SELLERSSAYS MIDDLETOWN, W...Reuters
Thu, Jul 10
FACTBOX-Trump's tariffs: What's in effect and what could be in store?
WASHINGTON, July 10 (Reuters) - U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain products or countrie...Reuters
Thu, Jul 10
Antofagasta CEO says context of Trump copper tariffs could help U.S. project
SANTIAGO, July 10 (Reuters) - Copper miner Antofagasta sees opportunity for its planned copper project in the United States in the context of 50% tariffs on the metal imposed by the Trump administration, CEO Ivan Arriagada said at an event on Thursday. Chilean Mining Minister Aurora Williams, speaki...Reuters
Thu, Jul 10
Climate Prediction Center sees 56% chance of ENSO neutral conditions in August-October
July 10 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 56% chance in August-October, the U.S. Climate Prediction Center said, meaning neither an El Nino nor a La Nina weather phenomenon is likely.Chances of La Nina cond...Reuters
Thu, Jul 10
Low-sulphur gasoil deliveries for July fall at expiry, ICE data shows
July 10 (Reuters) - Deliveries of low-sulphur gasoil LGOc1 for July fell to 998 lots or 99,800 tons at expiry, down from 1,647 lots in June, Intercontinental Exchange data showed on Thursday.The contract expired at $801.75 a ton.Reuters
Thu, Jul 10
US natgas prices climb 2% on rising flows to LNG export plants
Gas stockpiles 6% more than normal levels and risingOutput on track for record high in JulyLNG export feedgas rising toward April monthly record highBy Scott DiSavino July 10 (Reuters) - U.S. natural gas futures climbed about 2% on Thursday on rising gas flows to liquefied natural gas (LNG) expor...Reuters
Thu, Jul 10
CBOT Trends-Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7
CHICAGO, July 10 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Steady to up 6 cents per bushelCBOT wheat climbed as tight Russian supplies overcame pressure from a...Reuters
Thu, Jul 10
US CPC sees 56% chance of ENSO neutral conditions through August-October
July 10 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 56% chance in August-October, the United States' Climate Prediction Center said on Thursday.Chances of La Nina conditions increase into the fall and winter 2025...Reuters
Thu, Jul 10
GRAINS-Wheat rises on tight Russian supply, corn and soy stuck near lows
CBOT, Euronext wheat up as tight supply pushes up Russian pricesCorn, soy edge down to hold near multi-month lows on big supply By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, July 10 (Reuters) - U.S. and European wheat futures rose on Thursday as limited availability of crop for export in Rus...Reuters
Thu, Jul 10
