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US Cash Grains-Soy, corn bids mostly flat as futures ease
CHICAGO, July 8 (Reuters) - Spot basis bids for corn and soybeans were mostly steady in a spot check of elevators, ethanol plants, other kinds of processors and river terminals in the U.S. Midwest on Tuesday, as futures for both commodities fell. One exception was the soybean basis at a processor in...Reuters
Tue, Jul 8
US Cash Crude-Mars flips to discount for first time in two weeks on quality issues
July 8 (Reuters) - Domestic crude grades broadly rose, with sour grade, Mars bucking the broader upward trend, flipping to a discount for the first time in two weeks due to zinc contamination. Any challenges to the quality of Mars, a popular offshore grade with U.S. refiners, could further tighten s...Reuters
Tue, Jul 8
Mars crude oil prices ease on zinc contamination, sources say
HOUSTON, July 8 (Reuters) - Zinc contamination in the Mars crude oil stream pushed down demand for the flagship U.S. coastal crude, slashing its prices on Tuesday, six traders and an industry source said. Any challenges to the quality of Mars, a popular offshore grade with U.S. refiners, could furt...Reuters
Tue, Jul 8
LIVESTOCK-CME cattle climb to contract highs on low US inventories
By Tom Polansek CHICAGO, July 8 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures surged to contract highs on Tuesday due to tight domestic inventories.U.S. demand for beef remains strong while limited supplies of cattle continue to constrain meat production, analysts ...Reuters
Tue, Jul 8
Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a...Reuters
Tue, Jul 8
US Plains HRW Wheat-Basis bids flat as futures sag
CHICAGO, July 8 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat in a spot check of locations in the U.S. Plains on Tuesday as futures continued to fall. An advancing U.S. harvest pressured K.C. hard red winter wheat futures. The U.S. Department of Agriculture reported the U.S. ...Reuters
Tue, Jul 8
CANADA-CRUDE-Discount on Western Canada Select narrows
July 8 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 narrowed on Tuesday.WCS for August delivery in Hardisty, Alberta, was trading at $10.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to $10...Reuters
Tue, Jul 8
Exxonmobil Baytown Texas Refinery Reports Emissions Event On July 7
July 8 (Reuters) - Exxon Mobil XOM.N:REPORTS EMISSIONS EVENT ON JULY 7 AT BAYTOWN REFINERY, TEXAS REPORTS MALFUNCTION OF AN EMERGENCY BLOCK VALVE (EBV 3649) RESULTED IN SAFETY RELIEF VALVES LIFT TO ATMOSPHEREREPORTS ADJUSTMENTS WERE MADE TO RESEAT THE SAFETY RELIEF VALVESSOURCE: TEXAS COMMISSION ON ...Reuters
Tue, Jul 8
Texas project to build four nuclear plants is in talks with 'hyperscalers'
By Timothy Gardner WASHINGTON, July 8 (Reuters) - Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick ...Reuters
Tue, Jul 8
US issues expedited permit for proposed Tennessee coal mine
July 8 (Reuters) - The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews of energy projects.In a statement, the Department of the Interior said it granted approval for H...Reuters
Tue, Jul 8
Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a...Reuters
Tue, Jul 8
French intelligence chief: no certainty on whereabouts of Iran's uranium stocks
PARIS, July 8 (Reuters) - France's intelligence chief said on Tuesday that all aspects of Iran's nuclear program have been pushed back several months after American and Israeli air strikes, but there is uncertainty over where its highly-enriched uranium stocks are. "The Iranian nuclear p...Reuters
Tue, Jul 8
ICE canola futures rebound on vegoils strength
WINNIPEG, Manitoba, July 8 (Reuters) - ICE canola futures rebounded on Tuesday from sharp losses on Monday, picking up strength from other vegoils.• November canola RSX5 settled up $7.30 at $704.10 per metric ton. Other new crop contracts rose a similar amount or slightly more. • Significant rains o...Reuters
Tue, Jul 8
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
US to produce less oil in 2025 than previously expected -EIAFour crew dead, at least two wounded in latest Red Sea attackTrump says he will impose 50% tariff on copper importsUS crude stockpiles seen down 2.1 mln bbls last week -pollComing Up: US oil inventory data from API and EIABy Scott DiSavino ...Reuters
Tue, Jul 8
GRAINS-Corn futures slip further as US crop conditions improve
Benign weather boosts US corn and soy supply outlookTariff disputes fuel worries over US export demand Wheat futures ease on harvest pressureBy Tom Polansek CHICAGO, July 8 (Reuters) - Chicago Board of Trade corn futures extended losses on Tuesday to approach a 2025 low as improved U.S. crop rati...Reuters
Tue, Jul 8
Willis' Fowler: Google's investment in MIT spin-out a cue for insurers to assess nuclear risk with a different 'mindset'
By Isha Marathe July 7 - (The Insurer) - As investment in nuclear fusion plants picks up with Google's latest power purchase agreement, Willis' Kate Fowler urged insurers to distinguish the risks between the novel technology and traditional fission reactors. Last week, Alphabet's Goo...Reuters
Tue, Jul 8
FACTBOX-Where does the US get its copper?
By Lewis Jackson and Amy Lv BEIJING, July 8 (Reuters) - U.S. President Donald Trump on Tuesday said he planned to announce a 50% tariff on copper imports later in the day, surprising a global industry whose output is critical to electric vehicles, military hardware, semiconductors and...Reuters
Tue, Jul 8
French intelligence chief: no certainty on whereabouts of Iran's uranium stocks
PARIS, July 8 (Reuters) - The head of France's foreign intelligence service said on Tuesday that some of Iran's highly enriched uranium stocks were destroyed by American and Israeli strikes, but there was no certainty on where the rest was now located.Speaking in an interview on LCI televisi...Reuters
Tue, Jul 8
CBOT wheat ends down as advancing harvests bring in new supplies
CHICAGO, July 8 (Reuters) - Chicago Board of Trade wheat futures slipped on Tuesday as harvesting in the Northern Hemisphere brought in new supplies, traders said.The U.S. winter wheat harvest was 53% complete by Sunday, the U.S. Department of Agriculture said in a report issued after trading ended ...Reuters
Tue, Jul 8
