News
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CIF/FOB Gulf Grain-Corn barge bids steady to down, USDA reports export sales
CHICAGO, May 30 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were steady to weaker on Friday as the United States faced competition for export sales from cheaper supplies in South America, traders said.Argentina and Brazil are offering corn for export at values bel...Reuters
Fri, May 30
JBS' dual-listing plan gets approval from Brazil regulator CVM, stock exchange B3
May 30 (Reuters) - JBS SA JBSS3.SA:SAYS BRAZIL SECURITIES REGULATOR CVM APPROVED ITS BDR PROGRAM IN THE CONTEXT OF DUAL LISTING PLANS - FILINGSAYS BRAZILIAN STOCK EXCHANGE B3 ALSO APPROVED THE LISTING OF ITS BDRSReuters
Fri, May 30
EXCLUSIVE-Car makers warn China's rare-earth curbs could halt production
Automakers warn of rare-earth magnet shortageChina controls over 90% of global magnet processing capacityChina's export restrictions impact global auto productionUS officials frustrated with China's slow export license issuanceBy David Shepardson and Michael Martina WASHINGTON, May 30 (Re...Reuters
Fri, May 30
Exxon Mobil Reports Emissions At The Wet Gas Scrubber At Baytown Refinery, Texas
May 30 (Reuters) - EXXON MOBIL CORP XOM.N:REPORTS INCOMPLETE COMBUSTION OF CO IN SG-501B BOILER AT FCCU3 RESULTED IN ELEVATED CO EMISSIONS AT THE WET GAS SCRUBBER AT BAYTOWN REFINERY, TEXASREPORTS OPERATIONAL ADJUSTMENTS WERE MADE TO STABILIZE OPERATIONS AND MINIMIZE EMISSIONS AT BAYTOWN REFINERY, T...Reuters
Fri, May 30
RPT-US court extends deadline for improved bids in Citgo parent's auction
HOUSTON, May 30 (Reuters) - A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to June 18, a filing showed on Friday, giving more time for bidders to participate.Companies taking part in the...Reuters
Fri, May 30
REFILE-Northern Manitoba evacuees stream south to escape raging wildfires
Thousands flee northern Manitoba forest firesAid coming in from US, other Canadian provincesManitoba, Saskatchewan declare provincial emergencies over firesBy Ed White WINNIPEG, Manitoba, May 30 (Reuters) - As thousands of people fled from areas overwhelmed by wildfires in remote northern Manitob...Reuters
Fri, May 30
Pembina Pipeline Corporation Announces Redemption Of Series 19 Preferred Shares
May 30 (Reuters) - Pembina Pipeline Corp PPL.TO:PEMBINA PIPELINE CORPORATION ANNOUNCES REDEMPTION OF SERIES 19 PREFERRED SHARESPEMBINA PIPELINE CORP: TOTAL REDEMPTION PRICE TO PEMBINA WILL BE $200 MILLIONReuters
Fri, May 30
GRAINS-Wheat seesaws in choppy trade, corn and beans fall
Wheat choppy on crop conditions, weatherCorn and soybeans pressured by beneficial weatherSoybeans fall on biofuel policy uncertaintyBy Renee Hickman CHICAGO, May 30 (Reuters) - Chicago wheat traded both sides of unchanged on Friday as the U.S. dollar showed some signs of weakness and the market c...Reuters
Fri, May 30
ICE canola futures slip but stay relatively strong
WINNIPEG, Manitoba, May 30 (Reuters) - ICE canola futures fell on Friday but stayed relatively firm and near year-and-a-half highs.• The week saw a gentle decline of values, but traders said retaining above-$700 values on old crop and new crop values approaching $700 is a sign of strength.• January ...Reuters
Fri, May 30
Mexico's Alpek To Suspend Operations At Cedar Creek Plant In North Carolina From July 31
May 30 (Reuters) - Alpek SAB de CV ALPEKA.MX:MEXICO'S ALPEK TO SUSPEND OPERATIONS AT CEDAR CREEK PLANT IN NORTH CAROLINA FROM JULY 31 - FILINGMEXICO'S ALPEK TO RELOCATE PRODUCTION FROM SITEMEXICO'S ALPEK EXPECTS TO SAVE $20 MILLION A YEAR FROM 2026 WITH PLANT SUSPENSIONSource text: [ID:]Reuters
Fri, May 30
Newark airport runway to reopen Monday after construction
By David ShepardsonMay 30 (Reuters) - A runway at Newark Liberty International Airport will reopen on Monday nearly two weeks ahead of schedule following several chaotic weeks of equipment outages, runway construction and air traffic control staffing shortages that caused flight cancellations, diver...Reuters
Fri, May 30
US approves environmental review for Michigan nuclear plant restart
By Timothy GardnerWASHINGTON, May 30 (Reuters) - The U.S. on Friday said Holtec's planned restart of the Palisades nuclear power plant in Michigan would not harm the environment, a needed step in its plan to become the first such plant to return from permanent shutdown.The Nuclear Regulatory Com...Reuters
Fri, May 30
EXCLUSIVE-China magnet pinch threatens car production, automakers warn
Automakers warn of rare-earth magnet shortageChina controls over 90% of global magnet processing capacityChina's export restrictions impact global auto productionUS officials frustrated with China's slow export license issuanceBy David Shepardson and Michael Martina WASHINGTON, May 30 (Re...Reuters
Fri, May 30
CBOT wheat futures choppy on beneficial weather, lower crop ratings
CHICAGO, May 30 (Reuters) - Chicago Board of Trade wheat futures traded both sides of unchanged on Friday, pressured by favorable weather in the U.S. Plains, but supported the U.S. Department of Agriculture's lower than expected crop ratings earlier in the week. CBOT July soft red winter wheat W...Reuters
Fri, May 30
US Plains HRW Wheat-Basis bids unchanged as farmers watch weather
CHICAGO, May 30 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat on Friday as farmers experienced spotty rains in the U.S. Plains and anticipated the start of the harvest season, dealers said.Agricultural consultancy Sovecon on Thursday raised its forecast for Russia's wheat...Reuters
Fri, May 30
US Cash Crude-Coastal grades firm as US oil rig count falls to lowest since 2021
May 30 (Reuters) - U.S. coastal cash crude grades strengthened on Friday, dealers said, as the U.S. oil rig count fell to the lowest since November 2021. In an indication of future supply, U.S. oil rigs fell by four to 461 this week, energy services firm Baker Hughes BKR.O said on Friday.Mars Sour W...Reuters
Fri, May 30
Oil finishes down on possible OPEC+ output hike
Brent and WTI down over 1% this weekOPEC+ could discuss bigger July output rise at Saturday meeting Trade uncertainty continues after US appeals court decisionBy Erwin Seba HOUSTON, May 30 (Reuters) - U.S. crude futures fell on Friday as traders expected OPEC+ would decide on Saturday to boost oi...Reuters
Fri, May 30
CBOT soybeans ease on favorable weather, biofuel policy uncertainty
CHICAGO, May 30 (Reuters) - Chicago Board of Trade soybean futures slid on Friday on beneficial weather in the central U.S. and uncertainty around U.S. biofuel policy, analysts said. CBOT July soybeans SN25 settled down 10 cents at $10.41-3/4 a bushel.CBOT July soyoil BON25 ended 1.50 cents lower at...Reuters
Fri, May 30
Newark airport runway to reopen Monday after construction
May 30 (Reuters) - A runway at Newark, one of the main airports serving New York City, will reopen on Monday nearly two weeks ahead of schedule following a series of major disruptions that have impacted flights, U.S. Transportation Secretary Sean Duffy said. New Jersey's Newark Liberty Internati...Reuters
Fri, May 30
Bankruptcy court sale of Brazil soy crusher's assets under legal threat
Bunge and Cargill had coveted Imcopa's plants beforeCourt sets minimum price for assets at nearly $300 millionMulti-jurisdictional litigation brings risk to the biddingBy Ana Mano SAO PAULO, May 30 (Reuters) - A legal dispute over control of Brazilian soy processor Imcopa, which has been unde...Reuters
Fri, May 30
