News
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CBOT wheat dips on smaller-than-expected purchases by China
CHICAGO, Nov 7 (Reuters) - Chicago Board of Trade wheat futures fell on Friday on investor disappointment about modest Chinese purchases of wheat from the United States following a bilateral trade truce. China booked two cargoes of U.S. wheat following last week's meeting between the countries’ ...Reuters
Fri, Nov 7
US Cash Grains-Corn basis bids stay flat after week of farmer selling
CHICAGO, Nov 7 (Reuters) - Basis bids for corn and soybeans stayed unchanged at grain elevators and processing facilities in the U.S. Midwest on Friday, dealers said, after farmers ramped up selling this week.Some farmers accelerated sales to pay bills after recent gains in prices.Farmers started se...Reuters
Fri, Nov 7
US Cash Crude-Grades mixed on steady domestic oil rig count
Nov 7 (Reuters) - Grades were mixed on Friday, dealers said, as U.S. energy firms this week held the domestic oil rig count steady, Baker Hughes BKR.O said in its closely followed report on Friday.The oil rig count was steady at 414 this week. Meanwhile, U.S. crude futures' discount to the inter...Reuters
Fri, Nov 7
CBOT corn falls on harvest-end supply pressure
CHICAGO, Nov 7 (Reuters) - Chicago Board of Trade corn futures ticked down on Friday on large global supplies as the U.S. harvest was winding down. CBOT December corn CZ25 fell 1-1/2 cents to settle at $4.27-1/4 per bushel.The U.S. harvest was in the midst of its final stages, adding to large world ...Reuters
Fri, Nov 7
ICE canola futures rise despite slow export pace
WINNIPEG, MANITOBA, Nov 7 (Reuters) - ICE canola futures settled up on Friday and for the week, but couldn't hold on to Monday's gains, as global vegoils saw little movement. January futures RSF6 rose $6.30 to $640 per metric ton. Canola exports have run far behind last year's hectic pac...Reuters
Fri, Nov 7
Gold tops $4,000 as US shutdown, weak data stoke haven demand
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Fxstreet
Fri, Nov 7
CBOT soybeans rebound on bargain buying
CHICAGO, Nov 7 (Reuters) - Chicago Board of Trade soybean futures bounced back Friday after plummeting on Thursday, with investors seeking bargains, analysts said. But uncertainty over the future of purchases from China weighed on the market. China has begun modest purchases of U.S. farm products af...Reuters
Fri, Nov 7
NY approves permit for Williams NESE natgas pipe, Constitution Pipe withdraws application
Williams NESE pipeline approved after previous rejectionsUS President Trump sought revival of Williams gas pipesConstitution Pipeline withdrew permit application due to incomplete informationWilliams says it will refile for Constitution permitsBy Scott DiSavino NEW YORK, Nov 7 (Reuters) - New...Reuters
Fri, Nov 7
US natural gas futures ease as warmer weather curbs demand, ample fuel in storage
Record output and warmer weather keep demand lowWaha Hub prices remain negative due to pipeline constraintsLNG export flows expected to increase furtherBy Scott DiSavino Nov 7 (Reuters) - U.S. natural gas futures eased about 1% on Friday on record output so far this month, ample amounts of fuel i...Reuters
Fri, Nov 7
US Agriculture Dept says it is complying with order to pay full SNAP benefits, Politico reports
WASHINGTON, Nov 7 (Reuters) - The U.S. Department of Agriculture said on Friday it was working to comply with a judge's order to pay full food aid benefits known as SNAP, Politico reported.Reuters
Fri, Nov 7
Duke Energy beats quarterly estimates as power demand in the Carolinas increases
By Sumit Saha Nov 7 (Reuters) - Duke Energy DUK.N beat Wall Street estimates for third-quarter revenue and profit on Friday, helped by higher electricity rates and strong power demand, with the U.S. electric utility signing more deals to supply energy-intensive data centers. The technology indust...Reuters
Fri, Nov 7
US drillers add oil and gas rigs for third time in four weeks, says Baker Hughes
Rig count still 6% below last year, despite recent increaseGas rigs reach highest level since August 2023EIA projects rise in crude and gas output in 2025By Scott DiSavino NEW YORK, Nov 7 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, ener...Reuters
Fri, Nov 7
US Plains HRW Wheat-Basis bids steady as futures extend setback
CHICAGO, Nov 7 (Reuters) - Basis bids remained steady for hard red winter wheat at grain elevators in the southern U.S. Plains on Friday, traders said.Futures prices pulled back after recent gains made hard red winter wheat too expensive to compete for export business on the global market, a trader ...Reuters
Fri, Nov 7
Duke Energy beats quarterly estimates on higher electricity rates
By Sumit Saha Nov 7 (Reuters) - Utility Duke Energy DUK.N beat Wall Street estimates for third-quarter revenue and profit on Friday, helped by higher electricity rates and strong power demand.With data centers consuming more power amid a wave of industrial electrification and manufacturing growth...Reuters
Fri, Nov 7
Canada expects trade talks with US will resume at some point, says Carney
OTTAWA, Nov 7 (Reuters) - Canada expects that talks with the United States on trade will resume "at some point," Prime Minister Mark Carney told a business audience in Toronto on Friday, but did not give details.U.S. President Donald Trump last month suspended the talks over an anti-tariff a...Reuters
Fri, Nov 7
Boeing says it has begun work on Charleston expansion to boost 787 production
Nov 7 (Reuters) - Boeing BA.N has begun work on the expansion of its North Charleston, South Carolina site to boost production of its 787 twin-aisle jet, the planemaker said on Friday, about a year after it first announced the plan.The planemaker will be able to raise monthly output of its 787 wideb...Reuters
Fri, Nov 7
US drillers add oil and gas rigs for third time in four weeks, says Baker Hughes
NEW YORK, Nov 7 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Nov 7
