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COLUMN-What late-June sizzle could mean for US corn yields: Braun
By Karen BraunNAPERVILLE, Illinois, June 18 (Reuters) - Although the U.S. Corn Belt is in for a scorching weekend, June weather has been mostly supportive of crop development, with corn health ratings improving for three consecutive weeks.But how much bearing might that have on final corn yields or ...Reuters
Wed, Jun 18
CIF/FOB Gulf Grain-Corn, soybean barge bids steady to higher
CHICAGO, June 18 (Reuters) - Basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals were steady to slightly higher on Wednesday, as export buyers were showing some interest - particularly for bookings later this summer, traders said.Support for agricultural commodities such...Reuters
Wed, Jun 18
US Cash Grains-Soybean, corn bids flat in quiet trade
CHICAGO, June 18 (Reuters) - Spot basis bids for U.S. soybeans and corn were flat in the Midwest on Wednesday afternoon as trade was quiet and industry players eyed growing weather. Generally benign U.S. crop weather hung over the market, muting rallies by favoring U.S. corn production prospects. U....Reuters
Wed, Jun 18
Putin says the fighting between Israel and Iran should stop
ST PETERSBURG, Russia, June 19 (Reuters) - Russian President Vladimir Putin said on Thursday that all sides should look for ways to end the fighting between Israel and Iran, and that Moscow had conveyed its ideas on how to achieve peace to the powers involved. Asked by Reuters if he agreed with Isra...Reuters
Wed, Jun 18
U.S. nuclear power plant outages
June 18 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
Wed, Jun 18
CBOT corn ends firm, following strength in wheat
CHICAGO, June 18 (Reuters) - Chicago Board of Trade corn futures rose on Wednesday, following a 4% jump in wheat futures ahead of a U.S. government holiday on Thursday. CBOT July corn CN25 settled up 2 cents at $4.33-1/2 per bushel.CBOT new-crop December corn CZ25 ended up 5-1/4 cents at $4.44 a bus...Reuters
Wed, Jun 18
US Plains HRW Wheat-Basis bids flat; farmer selling ticks up
CHICAGO, June 18 (Reuters) - Spot basis bids for hard red winter wheat were steady in the U.S. Plains on Wednesday, though some farmers have taken advantage of the recent bump in wheat prices to market their crop, dealers said. The U.S. winter wheat harvest is off to a slow start in Oklahoma and Kan...Reuters
Wed, Jun 18
CBOT soybeans end fractionally higher, trailing gains in wheat
CHICAGO, June 18 (Reuters) - Chicago Board of Trade soybean futures closed fractionally higher on Wednesday, buoyed by a 4% surge in wheat, but the benchmark July soybean contract SN25 pared most of its gains after setting a one-month top.CBOT July soybeans SN25 settled up 3/4 cent at $10.74-3/4 per...Reuters
Wed, Jun 18
Brazil's Petrobras will push for extra dividends if prices allow, says CEO
RIO DE JANEIRO, June 18 (Reuters) - Brazil's state-run oil firm Petrobras PETR4.SA will make "a lot of effort" to issue extra dividends, Chief Executive Magda Chambriard said during a press conference on Wednesday. "We hope there will be (extraordinary dividends). Let's see if th...Reuters
Wed, Jun 18
INSIGHT-Oklahoma! How America hopes to take on China in critical minerals
State offers incentives, infrastructure for minerals industry growthChina dominates critical minerals and has banned some exportsState's challenges include education system, lack of mineral depositsBy Ernest Scheyder LAWTON, Oklahoma, June 18 (Reuters) - Nestled beneath Oklahoma's Wichita...Reuters
Wed, Jun 18
CBOT wheat climbs more than 4% on short-covering
CHICAGO, June 18 (Reuters) - Chicago Board of Trade wheat futures jumped more than 4% on Wednesday as weather woes in parts of the United States and Europe, coupled with signs of fresh global export business, prompted speculators to cover short positions ahead of a U.S. holiday on Thursday, traders ...Reuters
Wed, Jun 18
Brazil's Cargill buys soy crushing unit in Bahia state
SAO PAULO, June 18 (Reuters) - The Brazilian unit of grain trader Cargill has acquired a soy crushing plant in the northeastern state of Bahia, the company said in a statement on Wednesday, without revealing the size of the investment.The Barreiras facility employs 250 people and produces soybean me...Reuters
Wed, Jun 18
PRECIOUS-Gold falls after Fed expects slower pace of future rate cuts
The Fed held interest rates at Gold needs to reclaim 3,400 for bulls to take control, analyst saysPlatinum at highest level since Feb 2021By Sarah Qureshi June 18 (Reuters) - Gold prices fell on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled a slower pace of cuts...Reuters
Wed, Jun 18
ICE canola futures follow soyoil lower
WINNIPEG, Manitoba, June 18 (Reuters) - ICE canola futures softened on Wednesday, following weakness in Chicago soyoil.• November canola RSX5 settled down $3.40 at $736.40 per metric ton. July RSN5 fell $6 to $738.50. • The July-November spread continued to tighten, with the old crop premium continu...Reuters
Wed, Jun 18
Oil settles higher as Iran-Israel conflict enters sixth day
US involvement in Israel-Iran conflict could risk energy infrastructureStrait of Hormuz disruption could push oil prices to $120US crude stocks fall by more than expected, EIA data showsBy Stephanie Kelly NEW YORK, June 18 (Reuters) - Oil prices settled higher on Wednesday in a volatile session a...Reuters
Wed, Jun 18
US natgas prices climb 4% to 10-week high on lower output, higher demand
Hot weather to boost power generator gas burnsEnd of LNG plant maintenance to boost LNG feedgasEnergy firms add 95 bcf of gas to storage last weekBy Scott DiSavino June 18 (Reuters) - U.S. natural gas futures jumped about 4% to a 10-week high on Wednesday on a slightly smaller-than-expected w...Reuters
Wed, Jun 18
US judge skeptical of Trump plan tying states' transportation funds to immigration
By Nate Raymond June 18 (Reuters) - A federal judge in Rhode Island appeared inclined on Tuesday to block President Donald Trump's administration from forcing 20 Democratic-led states to cooperate with immigration enforcement in order to receive billions of dollars in transportation grant fun...Reuters
Wed, Jun 18
GRAINS-US wheat surges 4% on short-covering, lifting corn and soy
Weather woes, Algerian tender spur short-covering in wheatCorn and soybeans follow the higher trendSoybeans also supported by US biofuels mandateUS markets closed on Thursday for holidayBy Julie Ingwersen CHICAGO, June 18 (Reuters) - Benchmark Chicago Board of Trade wheat futures jumped more than...Reuters
Wed, Jun 18
