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GRAINS-Corn and soy fall on Trump recommendations for EU tariffs
Corn and soybeans fall on Trump recommendations for EU tariffsWheat dips on profit-takingCorn also pressured by large global production forecastBy Renee Hickman CHICAGO, May 23 (Reuters) - Chicago corn and soy futures eased on Friday ahead of a long weekend in the U.S., after President Donald Tru...Reuters
Fri, May 23
Chile's ENAMI says lithium venture with Rio Tinto to start production in 2032
By Daina Beth Solomon SANTIAGO, May 23 (Reuters) - Chile's state-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35,000 metric tons of the battery metal per year, and ramp up over three years to 75,000 tons, ENAMI company ch...Reuters
Fri, May 23
U.S. nuclear power plant outages
May 23 (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
Fri, May 23
Chicago wheat futures fall on profit taking
CHICAGO, May 23 (Reuters) - Chicago Board of Trade wheat futures dipped on Friday on profit-taking following rallies earlier in the week driven by adverse weather concerns, an unexpected decline in crop conditions reported by the U.S. Department of Agriculture, and an uptick in demand, according to ...Reuters
Fri, May 23
Chile's ENAMI says lithium venture with Rio Tinto to start production in 2032
SANTIAGO, May 23 (Reuters) - Chile's state-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35,000 metric tons of the battery metal per year, and ramp up over three years to 75,000 tons, ENAMI company chief Ivan Mlynarz said on ...Reuters
Fri, May 23
US approves Utah uranium mine after two-week environmental review
May 23 (Reuters) - The Trump administration approved Anfield Energy's AEC.V proposed Velvet-Wood uranium mine project in Utah on Friday after a rapid 14-day environmental review as part of a new process to fast-track permitting of energy and mining projects.Such studies typically take years beca...Reuters
Fri, May 23
Trump seeks to fast-track new nuclear licenses, overhaul regulatory agency
Trump signs executive orders seeking to boost U.S. nuclear production Order directs nuclear regulatory agency to rule on new licenses within 18 monthsDepartment of Defense expected to have a prominent role in ordering reactors and installing them on military basesBy Jarrett Renshaw May 23 (Reuter...Reuters
Fri, May 23
CBOT soybeans fall on tariff threats ahead of US holiday weekend
CHICAGO, May 23 (Reuters) - Chicago Board of Trade soybean futures slipped on Friday as U.S. President Donald Trump said on social media that he was recommending a 50% tariff on goods imported from the European Union. CBOT July soybeans SN25 settled down 7-1/4 cents at $10.60-1/4 a bushel.CBOT July ...Reuters
Fri, May 23
ICE canola futures rise Friday in week of light trade
WINNIPEG, Manitoba, May 23 (Reuters) - ICE canola futures spent most of the week rangebound in light trade, closing Friday near where they closed Tuesday following the Canadian national holiday on Monday.• July canola RSN5 settled up $4.90 at $720.80 per metric ton. November RSX5 settled up $2.50 at...Reuters
Fri, May 23
US Steel to remain in America, form 'partnership' with Nippon, Trump says
WASHINGTON, May 23 (Reuters) - U.S. President Donald Trump on Friday announced that U.S. Steel and Japan's Nippon Steel had agreed to form a "planned partnership" that meant the American steel company would remain in the country, headquartered in Pittsburgh. "This will be a planned p...Reuters
Fri, May 23
Oil gains on short-covering, nuclear talks
Higher tariffs could hit oil demand growth, analysts sayBrent and WTI down more than 2% this weekMarket braces for another OPEC+ output increase in JulyBy Erwin Seba HOUSTON, May 23 (Reuters) - Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weeken...Reuters
Fri, May 23
CBOT corn eases on Trump tariff news
CHICAGO, May 23 (Reuters) - Chicago Board of Trade's most-active July corn futures contract ended lower on Friday after U.S. President Donald Trump said that he was recommending 50% tariffs on imported goods from the European Union. CBOT July corn CN25 settled down 3-1/2 cents at $4.59-1/2 a bus...Reuters
Fri, May 23
US fast tracks approval of Utah uranium and vanadium mine
May 23 (Reuters) - The Trump administration approved the Velvet-Wood uranium and vanadium mine in Utah under a new accelerated permitting process that included a 14-day environmental review, the Interior Department said on Friday.Reuters
Fri, May 23
US natgas prices climb 2% on lower output, hot summer 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 23 (Reuters) - U.S. natural gas futures climbed about 2% on Friday ahead of the long U.S. Memorial Day holiday weekend on a drop in output so far ...Reuters
Fri, May 23
Amazon.com is sued over alleged sale of contaminated rice
By Jonathan Stempel May 23 (Reuters) - Amazon.com AMZN.O was sued on Friday by consumers over its alleged sale of a wide variety of rice contaminated by arsenic and other "heavy metals."The proposed class action in Seattle federal court covers 18 types of rice sold through Amazon, includi...Reuters
Fri, May 23
PRECIOUS-Gold rises over 2% on safe-haven flows after Trump's renewed tariff threats
Trump recommends tariffs on European Union, AppleU.S. dollar down 0.9%Platinum hits 2-year high Silver, palladium log weekly gains By Sarah Qureshi and Ashitha Shivaprasad May 23 (Reuters) - Gold prices rose more than 2% on Friday and logged their best week in six, as investors sought the safe-ha...Reuters
Fri, May 23
Trump seeks to fast-track new nuclear licenses, overhaul regulatory agency
Trump signs executive orders seeking to boost U.S. nuclear production Order directs nuclear regulatory agency to rule on new licenses within 18 monthsDepartment of Defense expected to have a prominent role in ordering reactors and installing them on military basesBy Jarrett RenshawMay 23 (Reuters) -...Reuters
Fri, May 23
EXCLUSIVE-Saudi Aramco considers asset sales to free up funds, sources say
By Federico Maccioni, David French and Yousef Saba DUBAI/NEW YORK, May 23 (Reuters) - Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices Aramco 222...Reuters
Fri, May 23
US drillers cut oil, gas rigs to lowest since November 2021, Baker Hughes says
By Scott DiSavino May 23 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and...Reuters
Fri, May 23
