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LIVESTOCK-CME feeder cattle sink after Trump urges ranchers to lower prices
By Tom Polansek CHICAGO, Oct 22 (Reuters) - Chicago Mercantile Exchange feeder cattle futures sank by their daily maximum on Wednesday after U.S. President Donald Trump said ranchers needed to lower prices.Trump has sought to reduce beef prices that reached records this year due to tight cattle s...Reuters
Wed, Oct 22
Russian drones attack Kyiv for second night, officials say
New drone attacks damage buildings in Kyiv districtsEmergency power outages in most Ukraine regionsBy Pavel Polityuk KYIV, Oct 22 (Reuters) - Russian drones attacked the Ukrainian capital for the second night, injuring four people, officials said early on Thursday.Tymur Tkachenko, head of Kyiv...Reuters
Wed, Oct 22
CIF/FOB Gulf Grain-Soy barge bids jump on US export demand
CHICAGO, Oct 22 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals jumped on Wednesday, reflecting export demand to destinations other than China, traders said.China, the world's biggest soybean importer, remained absent from the U.S. market during the trade war wi...Reuters
Wed, Oct 22
Kinder Morgan posts higher third-quarter profit on stronger natural gas demand
Q3 profit rises on gas volumesExploring over 10 Bcf/d project opportunitiesKMI sees LNG demand up 28 Bcf/d by 2030By Sumit SahaOct 22 (Reuters) - U.S. pipeline operator Kinder Morgan KMI.N posted a rise in third-quarter profit on Wednesday, helped by higher volumes of natural gas transported through...Reuters
Wed, Oct 22
Oil extends gains after settlement on new sanctions on Russian oil companies
US imposes sanctions targeting Russia's largest oil companiesTrump to meet Chinese President Xi in South KoreaUS crude stocks, gasoline and distillate inventories fell last week, EIA saysBy Nicole Jao NEW YORK, Oct 22 (Reuters) - Oil prices extended gains after settlement on Wednesday after t...Reuters
Wed, Oct 22
EU approves 19th package of Russian sanctions including LNG ban
Slovakia lifts reservation after energy price assurancesLNG ban starts in two stages, ending reliance on Russian fuelsSanctions include travel restrictions, vessel listings, and Chinese entitiesBy Julia Payne BRUSSELS, Oct 22 (Reuters) - EU countries approved a 19th package of sanctions against R...Reuters
Wed, Oct 22
FirstEnergy beats quarterly profit estimates on higher rates and strong demand
Oct 22 (Reuters) - Utility FirstEnergy FE.N beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher electricity rates as well as commercial and residential demand.The U.S. power industry has been gearing up for a rapid surge in electricity consumption nationwide, driven by...Reuters
Wed, Oct 22
BREAKINGVIEWS-China strikes at West's softest rare-earths spot
By Robyn Mak HONG KONG, Oct 23 (Reuters Breakingviews) - The world may be underestimating the difficulty of loosening China's stranglehold on critical minerals. Mining stocks in Australia surged this week following a landmark deal between Prime Minister Anthony Albanese and U.S. President Don...Reuters
Wed, Oct 22
Woodside to sell 10% stake in Louisiana LNG, 80% of Driftwood pipeline for $250 million
Oct 23 (Reuters) - Australia's Woodside Energy WDS.AX said on Thursday it had agreed to sell a 10% stake in the liquefied natural gas project in Louisiana and an 80% interest and operatorship of the Driftwood pipeline to U.S. firm Williams WMB.N for $250 million.Reuters
Wed, Oct 22
Trump says he sees trade deal with Xi, will discuss Russian oil purchases
WASHINGTON, Oct 22 (Reuters) - U.S. President Donald Trump on Wednesday said he expected to reach a trade agreement with Chinese President Xi Jinping, and said he would raise concerns about China's purchases of Russian oil during their meeting in South Korea next week."I think we'll make...Reuters
Wed, Oct 22
Trump calls for cheaper cattle, more grazing lands in effort to trim beef prices
Trump says ranchers do not understand they are doing well because of tariffs Cattle prices set records after drought forced ranchers to slash herdsOfficials look to expand cattle grazing to rebuild herdEconomists say there is no quick way to increase supplyBy Leah Douglas and Tom Polansek WASHING...Reuters
Wed, Oct 22
Chevron's El Segundo refinery key unit remains shut three weeks after fire
By Nicole JaoNEW YORK, Oct 22 (Reuters) - A hydrocracker remained offline at Chevron's CVX.N 285,000-barrel-per-day El Segundo refinery in Southern California three weeks after a large fire at a jet-fuel-producing unit earlier this month, sources said on Wednesday.The refinery took multiple unit...Reuters
Wed, Oct 22
CBOT wheat ends firm on signs of global export business
CHICAGO, Oct 22 (Reuters) - Chicago Board of Trade wheat futures closed higher on Wednesday on signs of global export business but remained in a narrow trading range as ample global wheat supplies hung over the market, traders said. CBOT December soft red winter wheat WZ25 settled up 3-1/2 cents at ...Reuters
Wed, Oct 22
Alcoa Q3 revenue misses estimates hurt by lower alumina prices
OverviewAlcoa Q3 revenue of $3.0 bln missed analyst expectations, per LSEG dataCo reports lower-than-expected adjusted loss per share for Q3 Net income for Q3 rises to $232 mln, driven by asset sales and restructuringOutlookAlcoa expects 2025 alumina production between 9.5 and 9.7 mln metric tonsAlc...Reuters
Wed, Oct 22
US agencies look to expand cattle grazing on federal land
WASHINGTON, Oct 22 (Reuters) - The U.S. Departments of Agriculture and Interior plan to assess the viability of expanding cattle grazing on federal lands as part of a multi-agency plan to rebuild the domestic cattle herd, according to a plan issued by the USDA. The USDA will also begin enforcing com...Reuters
Wed, Oct 22
US Plains HRW Wheat-Basis bids steady to lower
CHICAGO, Oct 22 (Reuters) - Basis bids for hard red winter (HRW) wheat were flat to down at elevators in the southern U.S. Plains on Wednesday with light trade. Dealers in some locations said they saw some minimal farmer selling.Late-week rain is expected to aid wheat in the central & southeast ...Reuters
Wed, Oct 22
Pipeline operator Kinder Morgan posts higher third-quarter profit
Oct 22 (Reuters) - U.S. pipeline operator Kinder Morgan KMI.N posted a rise in third-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines. The Houston, Texas-based company said its net income came in at $628 million for the three months ended Septemb...Reuters
Wed, Oct 22
CBOT corn ends higher in technical trade as US harvest progresses
CHICAGO, Oct 22 (Reuters) - Chicago Board of Trade corn futures ended higher on Wednesday in range-bound trade, supported by technical buying and ideas that the U.S. harvest might be winding down, traders said. CBOT December corn CZ25 settled up 3-1/4 cents at $4.23 per bushel. The contract has been...Reuters
Wed, Oct 22
US to announce recipients of plutonium for reactors by year-end
US plans to make weapons-grade plutonium availableUS expects to begin saying who gets material by December 31Nuclear safety experts concerned about proliferationPrevious US plutonium MOX fuel effort failedBy Timothy Gardner WASHINGTON, Oct 22 (Reuters) - The U.S. Department of Energy expects to b...Reuters
Wed, Oct 22
