News
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CIF/FOB Gulf Grain-Soybean barge bids mostly flat-weaker as demand slows
CHICAGO, Nov 19 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were mostly steady to weaker on Wednesday as a flood of farmer selling this week replenished supplies in the export pipeline, traders said.Soybean basis values rallied earlier this week as top importer China ...Reuters
Wed, Nov 19
US Cash Crude-Mars Sour jumps to 4-month high on strong US refinery demand
HOUSTON, Nov 19 (Reuters) - Grades were mixed on Wednesday, dealers said, but Mars Sour, a grade favored by U.S. refiners, jumped to its highest since early July as U.S. refineries returned from a heavy maintenance turnaround season. Refinery crude runs USOICR=ECI rose by 259,000 bpd in the week end...Reuters
Wed, Nov 19
Fire hits Petrocedeno crude project in Venezuela, sources, media say
CARACAS, Nov 19 (Reuters) - A fire erupted on Wednesday at an oil project in Venezuela's eastern region where the crude upgrader Petrocedeno operates, according to local media and sources from state company PDVSA.Crude upgraders along the Orinoco Belt, Venezuela's main oil producing region, ...Reuters
Wed, Nov 19
Oil settles down on renewed push to end Russia-Ukraine war
Oil settles down on US push to end Russia's war in UkrainePeace talks would reduce oil supply risks, analysts sayLarger-than-expected draw from US crude stocks limits oil's lossesBy Shariq Khan NEW YORK, Nov 19 (Reuters) - Oil prices fell on Wednesday after reports indicated the U.S. is r...Reuters
Wed, Nov 19
US will soon announce details of farmer payments, says agriculture secretary
Agriculture chief: payments will be for farmers facing lossesFarmers saddled by low crop prices and trade disputesUSDA to announce changes to SNAP food aid after ThanksgivingBy Leah Douglas WASHINGTON, Nov 19 (Reuters) - The administration of President Donald Trump will soon announce details of p...Reuters
Wed, Nov 19
Nutrien selects US site for potash terminal
WINNIPEG, MANITOBA, Nov 19 (Reuters) - Nutrien NTR.TO, the world's largest potash fertilizer producer, said on Wednesday it is hoping to build a new export terminal in Longview, Washington, to "meet rising demand for Saskatchewan-made potash." It expects to make a final investment decis...Reuters
Wed, Nov 19
GRAINS-Soybean futures ease from 17-month peak as traders gauge China buying pace
USDA reports more American soybean sales to ChinaAnalysts doubt China will meet year-end soy buying targetGlobal wheat supplies considered ampleBy Tom Polansek CHICAGO, Nov 19 (Reuters) - U.S. soybean futures slumped on Wednesday after climbing to their highest level since June 2024 in the previo...Reuters
Wed, Nov 19
Fire erupts at Petrocedeno crude upgrader in Venezuela -source, media
CARACAS, Nov 19 (Reuters) - A fire erupted on Wednesday at an oil project in Venezuela's eastern region where the crude upgrader Petrocedeno operates, according to local media and a source from state company PDVSA.Reuters
Wed, Nov 19
Saudi PIF, SITE, Microsoft sign MOU to explore delivery of sovereign-cloud services in kingdom
CAIRO, Nov 19 (Reuters) - Saudi Arabian sovereign wealth fund the Public Investment Fund, Saudi information technology company SITE and Microsoft MSFT.O signed a memorandum of understanding to explore the delivery of Microsoft’s sovereign-cloud services in the kingdom, the Saudi fund said in an X po...Reuters
Wed, Nov 19
US FTC Says It Approves Final Consent Order In Act-Giant Eagle Deal
Nov 19 (Reuters) - U.S. FTC SAYS IT APPROVES FINAL CONSENT ORDER IN ACT-GIANT EAGLE DEALU.S. FTC SAYS IT APPROVES FINAL CONSENT ORDER IN ACT-GIANT EAGLE DEALU.S. FTC: THE FINAL CONSENT ORDER REQUIRES ACT TO DIVEST 35 RETAIL GASOLINE AND DIESEL FUEL STATIONS TO MAJORS MANAGEMENT, LLC.Source text: htt...Reuters
Wed, Nov 19
CBOT wheat finishes down in setback from recent gains
CHICAGO, Nov 19 (Reuters) - Chicago Board of Trade wheat futures closed down on Wednesday as the market pulled back after climbing to its highest level since July during the previous session.CBOT December soft red winter wheat WZ25 closed down 9-3/4 cents at $5.36-3/4 per bushel.K.C. December hard r...Reuters
Wed, Nov 19
SOFTS-Coffee falls after strong recent gains; cocoa plunges
NEW YORK, Nov 19 (Reuters) - Robusta coffee futures on ICE slipped on Wednesday after strong gains in the two previous sessions on the back of floods in top grower Vietnam and bets on stronger demand from the United States, while cocoa futures plunged. COFFEE Robusta coffee LRCc2 settl...Reuters
Wed, Nov 19
CBOT corn ends lower amid spillover pressure from soy market setback
CHICAGO, Nov 19 (Reuters) - Chicago Board of Trade corn futures sagged on Wednesday amid spillover pressure from losses in the soybean market, traders said.CBOT March corn CH26 settled 8 cents lower at $4.41-1/2 per bushel. Futures pulled back from gains over the previous two sessions as technical ...Reuters
Wed, Nov 19
PRECIOUS-Gold trims gains after US Fed minutes
Fed cut rates amid policymakers' caution about inflation, minutes showTraders see 30% chance of US rate cut in DecemberFocus on US non-farm payrolls report due on ThursdayPalladium down over 1% By Pablo Sinha and Ashitha Shivaprasad Nov 19 (Reuters) - Gold prices pared gains on Wednesday aft...Reuters
Wed, Nov 19
US natural gas futures climb 4% on near-record LNG flows and cold December forecast
Colder weather coming in DecemberLNG export flows near-record levels, boosting demandRecord US gas output allows for increased stockpilingBy Scott DiSavino Nov 19 (Reuters) - U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and for...Reuters
Wed, Nov 19
FACTBOX-US secures $1 trillion Saudi spending commitments spanning nuclear energy to F-35s
Nov 19 (Reuters) - U.S. President Donald Trump's lavish welcome of Crown Prince Mohammed bin Salman to Washington this week, touted by many as rehabilitation of human rights record of Saudi Arabia's de facto ruler, has been followed by the kingdom ramping up its planned U.S. investments to $...Reuters
Wed, Nov 19
GRAINS-Soybean futures ease from 17-month peak as traders gauge China buying pace
USDA reports more American soybean sales to ChinaAnalysts doubt China will meet year-end soy buying targetGlobal wheat supplies considered ampleBy Tom Polansek CHICAGO, Nov 19 (Reuters) - U.S. soybean futures fell on Wednesday after climbing to their highest level since June 2024 in the previous ...Reuters
Wed, Nov 19
Gold pares gains as Dollar strength, Ukraine peace rumors offset safe-haven demand
Gold (XAU/USD) remains firm during the North American session on Wednesday, but trims earlier gains of over 1% as the US Dollar (USD) rallies sharply as traders wait for a key US job report due on Thursday and assess the developments on the Russia-Ukraine war.
Fxstreet
Wed, Nov 19
US lawmakers say any civil nuclear deal with Saudi must not create arms race
US and Saudi reach initial civil nuclear agreementUS energy secretary says it does not allow Saudi to enrich uraniumSenators warn against creating Middle East arms raceBy Timothy Gardner WASHINGTON, Nov 19 (Reuters) - U.S. lawmakers cautioned against ushering in a nuclear arms race in the Middle ...Reuters
Wed, Nov 19
