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Trump administration to rescind policy protecting undeveloped forests
June 23 (Reuters) - The U.S. Department of Agriculture will rescind a Clinton-era policy that banned logging, roads and mining in undeveloped forests, the agency said on Monday.The change will allow nearly 59 million acres of federal forest lands to be better managed for fire risk, the USDA said.Reuters
Mon, Jun 23
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Sell off after Iran refrains from disrupting oil supplies through Strait of HormuzOil gives up early 5% gainTrump tells everyone to work to keep oil price downBy Arathy Somasekhar HOUSTON, June 23 (Reuters) - Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after I...Reuters
Mon, Jun 23
Louis Dreyfus to reopen rival's former grain export terminal in Indiana
By Karl Plume CHICAGO, June 23 (Reuters) - Louis Dreyfus Company will reopen a shuttered U.S. grains terminal in Burns Harbor, Indiana, on the southern edge of Lake Michigan in early 2026, providing the global commodities trader export market access via the Great Lakes and St. Lawrence Seaway, th...Reuters
Mon, Jun 23
US Embassy in Qatar lifts shelter-in-place order for Americans
DOHA, June 23 (Reuters) - The U.S. embassy in Qatar lifted a shelter-in-place order on Monday evening, following Iranian strikes on the U.S.-run Al Udeid Air Base outside the capital Doha. The embassy, which had told American citizens to shelter in place earlier on Monday, said in a notice posted on...Reuters
Mon, Jun 23
ICE canola futures fall on rain and soy weakness
WINNIPEG, Manitoba, June 23 (Reuters) - ICE canola futures fell hard on Monday, with general rains across Western Canada and weakness in Chicago markets undermining fears of crop shortages.• November canola RSX5 settled down $17.50 at $725.20 per metric ton. July RSN5 settled down $22 at $721.60. • ...Reuters
Mon, Jun 23
CBOT wheat ends lower as U.S. harvest progresses
CHICAGO, June 23 (Reuters) - Chicago Board of Trade wheat retreated on Monday as analysts expected the U.S. harvest to continue accelerating. CBOT September soft red winter wheat WU25 settled down 14 cents at $5.69-1/2 per bushel. K.C. September hard red winter wheat KWU25 fell 13-3/4 cents to end a...Reuters
Mon, Jun 23
CBOT soybeans fall on beneficial Midwest crop weather
CHICAGO, June 23 (Reuters) - Chicago Board of Trade soybean futures sagged on Monday as ideal growing weather was expected for the U.S. Midwest. CBOT November soybeans SX25 ended down 14 cents at $10.46-3/4 a bushel. CBOT December soyoil BOZ25 ended down 1.35 cents at 53.75 cents per pound and July...Reuters
Mon, Jun 23
US natgas prices fall 4% to 1-week low on rising output, end of heat wave in sight
Power prices soar as heat wave boosts air conditioning demandEnergy firms keep injecting more gas into storage than usualCheniere Sabine LNG export plant on track to exit maintenance reductionBy Scott DiSavino June 23 (Reuters) - U.S. natural gas futures dropped about 4% to a one-week low on Mond...Reuters
Mon, Jun 23
Trump exhorts US to drill oil, gas after Iran attacks
Trump urges 'everyone' to keep oil prices downUS energy secretary supports Trump's call for more drillingCompanies make drilling decisions in US, not governmentOil prices jump nearly 6% to 5-month high, then fall 7.3% By Timothy Gardner June 23 (Reuters) - U.S. President Donald Trump ...Reuters
Mon, Jun 23
Iranian parliament committee approves general plan to suspend cooperation with IAEA, news agency reports
CAIRO, June 23 (Reuters) - The national security committee of Iran's parliament approved the general outline of a bill meant to fully suspend Tehran's cooperation with the UN nuclear watchdog, semi-official Tasnim news agency reported on, citing committee spokesperson Ebrahim Rezaei. Rez...Reuters
Mon, Jun 23
LNG Canada produces first liquefied natural gas for export
Shell-led LNG Canada facility begins production in Kitimat, British ColumbiaFacility aims to export 14 million metric tonnes per annum, doubling capacity next yearCanadian gas exports to U.S. may decline as LNG Canada provides new outletBy Curtis Williams, Amanda Stephenson HOUSTON/CALGARY, June ...Reuters
Mon, Jun 23
CBOT corn ends lower as beneficial weather is expected
CHICAGO, June 23 (Reuters) - Chicago Board of Trade corn futures dipped down as weather in the U.S. Midwest was favorable for the development of the crop. CBOT September corn CU25 settled down 8 cents at $4.17-1/2 a bushel. Rains across the Midwest boosted soil moisture the week before above-normal ...Reuters
Mon, Jun 23
Right Canada-US deal possible but nothing assured, Carney says
OTTAWA, June 23 (Reuters) - Canada and the United States have a chance to strike a new economic and defense relationship but nothing is assured, Canadian Prime Minister Mark Carney said on Monday.Last Monday, Carney said he had agreed with U.S. President Donald Trump that their two nations shoul...Reuters
Mon, Jun 23
Gold surges as Iran strikes US bases, Israel intensifies Tehran assault
Gold prices remain bid during the North American session as breaking news revealed Iran’s attack on US bases in Qatar, in retaliation for the over-the-weekend attack on Iran's nuclear installations by the White House.
Fxstreet
Mon, Jun 23
No Iranian missiles hit U.S. base in Qatar, U.S. official tells Reuters
WASHINGTON, June 23 (Reuters) - No Iranian missiles hit the U.S. military's al Udeid airbase in Qatar, a U.S. official told Reuters on Monday.The initial assessment follows an attempted attack by Iran on the base using short- and medium-range missiles.Reuters
Mon, Jun 23
US Cash Grains-Corn basis mixed across the US Midwest
CHICAGO, June 23 (Reuters) - Spot corn basis bids were mixed at grain elevators, river terminals and processing plants in the U.S. Midwest on Monday with limited farmer selling, according to analysts. Analysts said trade was quiet in the cash market, but there were some local pushes for deliveries w...Reuters
Mon, Jun 23
Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
By Jonathan Saul and Michael Jones LONDON, June 23 (Reuters) - U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday.War risk insurance premiums for shipments to t...Reuters
Mon, Jun 23
COLUMN-Crop Watch: Heat boosts growth but storms present kinks: Braun
By Karen Braun NAPERVILLE, Illinois, June 23 (Reuters) - It was hot and steamy across the U.S. Corn Belt last week, precisely what corn and soybeans needed following extended cool weather last month.But severe storms have damaged two of the 11 Crop Watch corn fields, which could make them vulnera...Reuters
Mon, Jun 23
