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GRAINS-Wheat falls on rain in growing regions
By Renee Hickman CHICAGO, May 27 (Reuters) - Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts. Corn also eased, curbed by a bounce in th...
Reuters
Tue, May 27
Biggest California utility sees more than 40% jump in data center interest, executive says
PG&E says data center interest up in new parts of CaliforniaPotential new demand seen in April studyData center developers want much bigger sites than indicated last yearBy Laila Kearney May 27 (Reuters) - PG&E PCG.N, California's largest electric utility, has seen a jump of more than...
Reuters
Tue, May 27
CBOT wheat futures fall on beneficial rains in growing regions
CHICAGO, May 27 (Reuters) - Chicago Board of Trade wheat futures dipped on Tuesday as rain in multiple growing areas improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts.CBOT July soft red winter wheat WN25 settled down 14 cents at $5.28-1/2 a bus...
Reuters
Tue, May 27
US Cash Crude-Grades mixed as traders return from long holiday weekend
May 27 (Reuters) - U.S. cash crude grades were mixed on Tuesday, dealers said, as traders came back after a long holiday weekend and adjusted following the end of a three-day roll trading period. The roll period ended on Friday. Traders use the three-day roll trade to square positions and manage exp...
Reuters
Tue, May 27
CBOT soybeans firm as Trump backs off EU tariff threats
CHICAGO, May 27 (Reuters) - Chicago Board of Trade soybean futures rose on Tuesday as U.S. President Donald retreated from tariff threats on goods imported from the European Union. CBOT July soybeans SN25 settled up 2-1/4 cents at $10.62-1/2 a bushel.CBOT July soyoil BON25 ended 0.22 cent higher at ...
Reuters
Tue, May 27
ICE canola futures rise as stocks run low
WINNIPEG, Manitoba, May 27 (Reuters) - ICE canola nearby futures rose on Tuesday as buyers secured diminishing supplies from reluctant farmers.• July canola RSN5 settled up $13.70 at $732.20 per metric ton. November RSX5 settled up $6.10 at $694.30.• Traders said the jump in futures was influenced b...
Reuters
Tue, May 27
CIF/FOB Gulf Grain-Corn, soybean barge bids stay mostly steady
CHICAGO, May 27 (Reuters) - Basis bids for corn and soybeans delivered by barge to U.S. Gulf Coast terminals were largely steady on Tuesday, traders said.Traders monitored U.S. trade policy after President Donald Trump over the weekend backed away from a threat to impose 50% tariffs on imports from ...
Reuters
Tue, May 27
CBOT corn trades flat as Trump backs off EU tariff threats
CHICAGO, May 27 (Reuters) - Chicago Board of Trade's most-active July corn futures contract traded flat on Tuesday as the dollar made gains and U.S. President Donald Trump backed off tariff threats on European Union imports, but supplies in Brazil were still expected to be large. CBOT July corn ...
Reuters
Tue, May 27
Oil prices ease as US-Iran talks, OPEC+ plans spur supply concerns
Iranian and US delegations wrap up fifth round of talksOPEC+ set to agree on July oil output hike this week, sources sayPresident Trump's trade reprieve helps support pricesBy Arathy Somasekhar HOUSTON, May 27 (Reuters) - Oil prices settled 1% lower on Tuesday as investors worried about a sup...
Reuters
Tue, May 27
US natgas prices climb 2% to 1-week high on lower output, higher demand forecasts
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 4% over five-year normalBy Scott DiSavino May 27 (Reuters) - U.S. natural gas futures climbed about 2% to a one-week high on Tuesday after the long U.S. Memorial Day holiday weekend on a drop ...
Reuters
Tue, May 27
Saudi Aramco Prices Three-Part Bond Sale
May 27 (Reuters) - SAUDI ARAMCO 5-YEAR BENCHMARK: LAUNCHED $1.5BN AT T+80BPS - IFRSAUDI ARAMCO 10-YEAR BENCHMARK: LAUNCHED $1.25BN AT T+95BPS - IFRSAUDI ARAMCO 30-YEAR BENCHMARK: LAUNCHED $2.25BN AT T+155BPS - IFR
Reuters
Tue, May 27
PRECIOUS-Trump's tariff reprieve pushes gold down for second straight session
Fed minutes due on Wednesday Fed's Kashkari calls for steady ratesEU sees 'new impetus' in trade talks from call with TrumpBy Ashitha Shivaprasad May 27 (Reuters) - Gold prices declined for a second consecutive session on Tuesday, as risk sentiment improved following U.S. President Do...
Reuters
Tue, May 27
US Plains HRW Wheat-Basis bids unchanged as futures fall
CHICAGO, May 27 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat in the U.S. Plains on Tuesday as falling wheat futures discouraged farmer selling, dealers said.Industry players are awaiting the U.S. Department of Agriculture's weekly crop progress report on Tuesday afternoo...
Reuters
Tue, May 27
GRAINS-Wheat falls on rain in growing regions
By Renee Hickman CHICAGO, May 27 (Reuters) - Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts. Corn also eased, curbed by a bounce in th...
Reuters
Tue, May 27
EU wheat retreats to contract lows as weather and exports weigh
PARIS, May 27 (Reuters) - European wheat futures fell for a fourth day on Tuesday to trade around contract lows as easing weather concerns and slow exports kept the market under pressure.September milling wheat BL2U5, the most active position on Paris-based Euronext, settled 2.1% down at 201.25 euro...
Reuters
Tue, May 27
Europe Gasoline/Naphtha-Gasoline profit margins inch lower
LONDON, May 27 (Reuters) - Northwest European gasoline profit margins fell 10 cents to $15.16 a barrel on Tuesday.A total of 5,000 metric tons of Eurobob E5 barges traded in the Argus window with Litasco and Trafigura selling barges to Varo, Shell and BP.19,000 tons of Eurobob E10 barges traded as w...
Reuters
Tue, May 27
METALS-Copper retreats on tariff uncertainty and firmer dollar
By Eric Onstad LONDON, May 27 (Reuters) - Copper prices lost ground on Tuesday, pressured by a firmer dollar and uncertainty over U.S. tariffs, retreating from their strongest in nearly two weeks after persistent problems at a large mine in Congo.Three-month copper CMCU3 on the London Metal Excha...
Reuters
Tue, May 27
Gold price plunges almost 2% on risk rally spurred by tariff delay
Gold prices posted losses of nearly 2%, falling below the $3,300 figure, as market participants cheered US President Donald Trump's decision to delay tariffs on European Union goods.
Gold
Fxstreet
Tue, May 27
US Cash Grains-Spot soybean bids higher at processors, corn bids fall
CHICAGO, May 27 (Reuters) - Spot soybean basis bids ticked higher at two soybean processors while corn bids fell, spot checks showed.Soy bids rose at two Indiana processors and fell at an Illinois river terminal.Corn bids fell at an Iowa processor and an Illinois river terminal.Soybean futures rose ...
Reuters
Tue, May 27
Brazil very confident it can seal regional trade deals with EU, US despite bird flu
Brazil negotiates in Paris for limited regional animal disease trade bansEU banned all Brazilian poultry exports after bird flu outbreak on commercial farmUS imposed partial ban, allows some imports of poultry products By Sybille de La Hamaide PARIS, May 27 (Reuters) - Brazil is negotiating with...
Reuters
Tue, May 27
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