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ICE canola futures lag soyoil, touch sub-$600
WINNIPEG, Manitoba, Oct 1 (Reuters) - Nearby ICE canola futures briefly fell beneath $600 on Wednesday before rebounding, but lagged far behind soyoil's hefty gain.• November canola RSX5 settled up $2 at $607.20 per metric ton. January RSF6 rose $1.50 to $619.70.• The November contract's soj...Reuters
Wed, Oct 1
Deals of the day-Mergers and acquisitions
Oct 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20:00 GMT on Wednesday:** KKR KKR.N is exploring a potential sale of its 40% stake in Pembina Gas Infrastructure, with its holding in the Canadian midstream operator expected to be valued at around $7 billion,...Reuters
Wed, Oct 1
Enbridge Says Alberta Govt To Submit Application For Oil Pipeline To B.C. Coast
Oct 2 (Reuters) - Enbridge Inc ENB.TO:ENBRIDGE: HAVE BEEN ASKED BY CANADA GOVERNMENT TO JOIN A TECHNICAL ADVISORY TEAM AND TO PROVIDE OUR EXPERTISE ON PIPELINE DEVELOPMENTENBRIDGE: GOVERNMENT OF ALBERTA TO BE PROPONENT TO DEVELOP, SUBMIT APPLICATION TO MAJOR PROJECTS OFFICE FOR AN OIL PIPELINE TO T...Reuters
Wed, Oct 1
US Plains HRW Wheat-Basis bids flat with little farmer selling
CHICAGO, Oct 1 (Reuters) - Basis bids for hard red winter wheat stayed steady with limited selling at elevators in the southern U.S. Plains on Wednesday, dealers said, as low futures prices discouraged farmers from selling. Even farmers eager to sell are holding on to their grain, one dealer...Reuters
Wed, Oct 1
Oil slumps to 16-week low on U.S. shutdown and possible OPEC+ plans
OPEC+ may raise output by up to 500,000 bpd in November -sourcesU.S. crude inventories rise by more than expectedU.S. government shutdown and Asian factory data raise economic concernsBy Scott DiSavino NEW YORK, Oct 1 (Reuters) - Oil prices slid for a third day in a row to a 16-week low on Wednes...Reuters
Wed, Oct 1
GRAINS-Chicago grains, soy rebound after Trump announces meeting with Xi
Soy higher on optimism ahead of US-China trade talks Ample world supply of grains continues to weighBy Heather Schlitz Oct 1 (Reuters) - Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of d...Reuters
Wed, Oct 1
CBOT wheat higher on spillover strength from higher soy futures
CHICAGO, Oct 1 (Reuters) - Chicago Board of Trade wheat futures ticked higher on Wednesday on spillover strength from soybean futures, though continued bearishness following a U.S. Department of Agriculture report on Tuesday weighed on the market. CBOT December soft red winter wheat WZ25 settled 1-1...Reuters
Wed, Oct 1
StoneX ticks up outlook for Brazil's 2025/26 soybean crop
SAO PAULO, Oct 1 (Reuters) - Brazil, the world's largest producer of soybeans, will likely produce 178.6 million metric tons for the 2025/26 harvest, consultancy firm StoneX estimated on Wednesday, a 0.3% improvement from its previous forecast in September. "Although planting is just st...Reuters
Wed, Oct 1
Fermi says allies could take equity stake in US nuclear consortium
WASHINGTON, Oct 1 (Reuters) - The founders of Fermi America FRMI.O a company hoping to build the world's largest data center and fuel it with nuclear power, gas, and solar said on Wednesday that foreign countries could take an equity stake in the development of U.S. atomic power. Fermi debuted o...Reuters
Wed, Oct 1
CBOT soybeans higher after Trump announces talks with Xi
CHICAGO, Oct 1 (Reuters) - Chicago Board of Trade soybean futures rebounded on Wednesday after falling below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.CBOT November...Reuters
Wed, Oct 1
US natgas prices jump 5% to 10-week high as output drops, technical short-covering
Pipeline constraints keep Waha Hub prices negativeDrop in daily output and technical short-covering drive price increaseAmple storage and mild weather forecast limit demandBy Scott DiSavino Oct 1 (Reuters) - U.S. natural gas futures jumped about 5% to a 10-week high on Wednesday on a drop in ...Reuters
Wed, Oct 1
EXCLUSIVE-KKR explores $7 billion sale of stake in Canada's Pembina Gas Infrastructure, sources say
By David French and Nivedita BaluNEW YORK/TORONTO, Oct 1 (Reuters) - KKR KKR.N is exploring a potential sale of its 40% stake in Pembina Gas Infrastructure, with its holding in the Canadian midstream operator expected to be valued at around $7 billion, four people familiar with the matter said on We...Reuters
Wed, Oct 1
US calls for urgent action to address Pennsylvania railcar fire risks
WASHINGTON, Oct 1 (Reuters) - The National Transportation Safety Board on Wednesday urged the Southeastern Pennsylvania Transportation Authority to immediately move to eliminate fire risks in its fleet of Silverliner IV railcars.The safety board said the outdated design of the railcars and the agenc...Reuters
Wed, Oct 1
CBOT corn futures tick higher on spillover support from soy
CHICAGO, Oct 1 (Reuters) - Chicago Board of Trade corn futures ended higher on Wednesday on spillover strength from higher soy futures despite a bearish U.S. Department of Agriculture report and harvest pressure from the U.S. Midwest. Most-active CBOT December corn CZ25 settled 1 cent higher at $4.1...Reuters
Wed, Oct 1
US agencies to continue some fossil fuel work during shutdown
Oct 1 (Reuters) - Some government staff will be kept on during the federal shutdown to process permits and leases for oil, gas and coal operations on public lands, according to contingency plans published by the Interior Department on Wednesday.Maintaining workers in those areas is aimed at addressi...Reuters
Wed, Oct 1
WTI extends slide to four-week low as US crude stocks rise; focus shifts to OPEC+ meeting
West Texas Intermediate (WTI) Crude Oil continues to lose ground for a fourth consecutive day on Wednesday, extending the downside correction that began after last Friday’s surge to the highest level since August 4.
Fxstreet
Wed, Oct 1
US pauses New York transit funding in shutdown jab at Democrats
Some funds for Hudson Tunnel and Second Avenue subway haltedLatest Trump move to pressure Democrats over the shutdownTrump has targeted diversity efforts in federal hiring, contractsBy David Shepardson and Jonathan Allen WASHINGTON, Oct 1 (Reuters) - The U.S. government said on Wednesday it has p...Reuters
Wed, Oct 1
PRECIOUS-Gold rallies to record high on US government shutdown and Fed rate cut bets
Gold hits record high of $3,895.09 an ounceUS central bank expected to cut interest rates this monthUS private payrolls decline in SeptemberBy Noel John and John Biju Oct 1 (Reuters) - Gold prices surged to a record high on Wednesday, lifted by a weaker dollar and safe-haven demand after a U.S. g...Reuters
Wed, Oct 1
Trump, Xi to meet in four weeks, US president says
WASHINGTON, Oct 1 (Reuters) - U.S. President Donald Trump said on Wednesday soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks."The Soybean Farmers of our Country are being hurt because China is, for 'negotiating' reasons only, not ...Reuters
Wed, Oct 1
