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GRAINS-CBOT wheat extends rally on crop rating drop, Chinese heat wave concerns
Weaker dollar, US crop rating decline boost wheat futuresChina's heat wave raises questions about winter wheat crops in key provincesHeavy rains in Argentina cause flooding, affect soy fieldsBy P.J. Huffstutter CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to a two-w...Reuters
Tue, May 20
CBOT wheat closes higher on short-covering, decline in US crop rating
CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week, market analysts said.CBOT July soft red winter wheat WN25 c...Reuters
Tue, May 20
CBOT soybeans close on South American crop questions, spillover support from corn and wheat
CHICAGO, May 20 (Reuters) - Chicago Board of Trade soybean futures turned higher on Tuesday amid short-covering and choppy trading, as market participants tried to glean information about whether recent rains have caused material damage to South America's crop.Soybeans also gained spillover supp...Reuters
Tue, May 20
Oil prices little changed on geopolitical uncertainty, weak China demand signals
Iran opposes US demand to stop enriching uraniumEU and Britain announce new sanctions against RussiaUpcoming: US oil inventory data from API and EIABy Scott DiSavino NEW YORK, May 20 (Reuters) - Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukra...Reuters
Tue, May 20
Chicago corn futures rise as wheat rally fuels market
CHICAGO, May 20 (Reuters) - Chicago Board of Trade corn futures hit a one-week high on Tuesday, following a rally in the wheat market, as traders watched for news about U.S. trade talks, market analysts said.CBOT July corn CN25 settled up 7 cents at $4.54-1/2 a bushel. December corn CZ25, which repr...Reuters
Tue, May 20
Brazil chicken exporters brace for cargo rejections amid bird flu outbreak
China among nations to reject chicken cargos in transit amid bird flu outbreak Brazilian meat processors to deal with additional logistics costsSome chicken cargos in transit may be redirected, meat lobby saysBy Ana Mano and Roberto Samora SAO PAULO, May 20 (Reuters) - Countries, including China,...Reuters
Tue, May 20
PRECIOUS-Gold firms as dollar slips further, geopolitical uncertainty lingers
EU, Britain impose sanctions on Russia, call for ceasefirePlatinum hits highest since October 2024Palladium up over 4% By Sarah Qureshi May 20 (Reuters) - Gold prices rose more than 1% on Tuesday as the U.S. dollar weakened further and stocks slipped amid uncertainty over U.S. tariff policy and a...Reuters
Tue, May 20
US Plains HRW Wheat-Basis bids mostly steady as higher futures spark light farmer sales
CHICAGO, May 20 (Reuters) - Spot basis bids for hard red winter (HRW) wheat held mostly steady at elevators and mills around the southern U.S. Plains on Tuesday on moderate demand and scattered farmer selling, dealers said.Rising futures prices sparked some light, scattered farmer sales for a second...Reuters
Tue, May 20
LME WEEK-Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say
By Hongmei Li and Lewis Jackson HONG KONG, May 20 (Reuters) - Flat fees for turning copper concentrate into metal have emerged as a potential starting point for mid-year talks between Antofagasta ANTO.L and Chinese smelters due to tight supplies of mined material, two sources familiar with the ma...Reuters
Tue, May 20
US lifts ban on New York offshore wind project after natgas pipe compromise
Equinor resumes work on Empire WindHad been halted by interior secretary in AprilCompromise on wind and suspended gas pipeline reachedBy Nichola Groom and Nora Buli LOS ANGELES/OSLO, May 20 (Reuters) - The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wi...Reuters
Tue, May 20
Europe Gasoline/Naphtha-Gasoline profit margins rise
LONDON, May 20 (Reuters) - Northwest European gasoline profit margins rose by around 77 cents to $14.43 a barrel on Tuesday.A total of 6,000 metric tons of Eurobob E5 barges traded in the Argus window on Tuesday, with Litasco and Gunvor selling barges to Aramco.A further 4,000 tons of Eurobob E10 ba...Reuters
Tue, May 20
EU wheat rallies with Chicago as crop risks fuel short-covering
PARIS, May 20 (Reuters) - Euronext wheat climbed to a two-week peak on Tuesday, in step with Chicago futures, as concern over crop risks in some Northern Hemisphere production belts spurred short-covering by investors after recent price lows.Benchmark September milling wheat BL2U5 on Paris-based Eur...Reuters
Tue, May 20
Fire at Chevron oil platform offshore Angola injures 17
By Miguel GomesLUANDA, May 20 (Reuters) - Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's CVX.N deep-water Benguela Belize Lobito Tomboco (BBLT) oil platform, Angolan authorities and the U.S. oil major said in statements.The cause o...Reuters
Tue, May 20
Mexican ship in Brooklyn Bridge crash made no distress calls, Mexico navy chief says
MEXICO CITY, May 20 (Reuters) - The Mexican Navy ship which crashed into New York's Brooklyn Bridge over the weekend made no distress calls before the accident but called for support instead, Mexico's Navy chief Raymundo Morales said on Tuesday.The port pilot maneuvering the Cuauhtémoc saili...Reuters
Tue, May 20
GRAINS-CBOT wheat extends rally on crop rating drop, Chinese heat wave concerns
Weaker dollar and U.S. crop rating decline boost wheat futuresChina's heat wave raises questions about winter wheat crops in key provincesHeavy rains in Argentina cause flooding, affecting soy fieldsBy P.J. Huffstutter CHICAGO, May 20 (Reuters) - Chicago Board of Trade wheat futures surged to...Reuters
Tue, May 20
US trade panel's vote paves way for stiff tariffs on many solar imports
Vote resolves trade case led by Hanwha and First SolarTrade group says tariffs will harm U.S. manufacturersMalaysia, Thailand, Cambodia, Vietnam imports at issue By Nichola Groom May 20 (Reuters) - The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were...Reuters
Tue, May 20
Ivanhoe suspends some Congo copper mining operations after seismic activity
DAKAR, May 20 (Reuters) - Ivanhoe Mines IVN.TO has suspended some mining operations at its Kakula underground copper mine in the Democratic Republic of Congo after seismic activity, it said on Tuesday.The Canadian miner halted underground operations on Sunday after a week of tremors. The company sai...Reuters
Tue, May 20
METALS-Copper steadies as tariff uncertainty counters weaker dollar, China stimulus
By Ashitha Shivaprasad May 20 (Reuters) - Copper prices steadied on Tuesday due to support from a weaker dollar and top consumer China's stimulus efforts, but worries about growth and demand due to U.S. tariffs dominated sentiment.Benchmark copper CMCU3 on the London Metal Exchange (LME) was ...Reuters
Tue, May 20
US energy firms' deals with Iraqi Kurdistan 'null and void', Baghdad says
Iraqi Kurdistan prime minister announced deals in WashingtonInvolve development of gas fields in Iraqi KurdistanBaghdad says such deals require federal approvalErbil, Baghdad have long clashed over oil, gas rights DUBAI/BAGHDAD May 20 (Reuters) - Iraqi Kurdistan announced deals worth $110 billion...Reuters
Tue, May 20
