News
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Mexico meat sector decries new livestock movement rules, ivermectin requirement to battle screwworm
Livestock restrictions threaten a $192 billion sector, Mexico's meat industry saysUS blames Mexico for screwworm spread near border, keeps cattle ban in place Ivermectin rule delays cattle movement, sector source says, adding pressure to supply chainsParasite has not yet crossed US border, offic...Reuters
Mon, Sep 29
GRAINS-Soybeans, corn fall on US harvest pressure
By Julie Ingwersen CHICAGO, Sept 29 (Reuters) - U.S. corn and soybean futures were lower on Monday in choppy trade, pressured by the expanding Midwest harvest of both crops, but uncertainty about quarterly government stocks data due on Tuesday kept a floor under prices, analysts said. Wh...Reuters
Mon, Sep 29
PRECIOUS-Gold hits record high on rate-cut bets, US government shutdown fears
Gold hits record high of $3,833.37 per ounceTrump hopes to strike deal to keep government openSilver hits more than 14-year high Platinum at 12-year high By Noel John and John Biju Sept 29 (Reuters) - Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as in...Reuters
Mon, Sep 29
Ukraine's Zaporizhzhia nuclear plant now without offsite power for six days, Grossi says
Sept 29 (Reuters) - The Zaporizhzhia Nuclear Power Plant in Ukraine has now been without offsite power for six days, the U.N. atomic watchdog's chief Rafael Grossi said on Monday.The plant in southeastern Ukraine has been under Russian control since the early weeks of the war, and each side has ...Reuters
Mon, Sep 29
TotalEnergies' capex cuts fail to ease investor debt concerns
Total to sell 50% of US solar portfolio for $950 millionBuys 49% of upstream US gas assets for undisclosed sumCEO under pressure to lower 18% net debt-to-equity ratioWill cut capex by $1 billion annually through 2030By America Hernandez Sept 29 (Reuters) - TotalEnergies' TTEF.PA plan to cut a...Reuters
Mon, Sep 29
North Sea Crude-Forties and WTI Midland firm
LONDON, Sept 29 (Reuters) - North Sea Forties crude differentials rose on Monday, as did U.S. WTI Midland, as both grades traded in the Platts window. NOVEMBER BFOET LOADINGS* Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 583,000 barrels per ...Reuters
Mon, Sep 29
Moody's says El Teniente accident could delay Codelco's copper targets
SANTIAGO, Sept 29 (Reuters) - A halt to production at Codelco's El Teniente copper mine in late July after an accident could delay the company's efforts to return to its 2020-2021 production levels of 1.6 million metric tons per year, ratings agency Moody's said on Monday. Moody's di...Reuters
Mon, Sep 29
US Plains HRW Wheat-Basis bids remain steady, farmers plant next crop
CHICAGO, Sept 29 (Reuters) - Basis bids for hard red winter wheat were unchanged at elevators in the southern U.S. Plains on Monday, dealers said, as plantings picked up speed.Farmers were focused on harvesting corn and planting wheat that will be harvested next spring.Warm and dry weather was expec...Reuters
Mon, Sep 29
US government shutdown to furlough 41% of health agency workers
By Ahmed Aboulenein WASHINGTON, Sept 29 (Reuters) - The U.S. Department of Health and Human Services plans to furlough 41% of its workforce if Congress fails to prevent a looming government shutdown, suspending critical functions including public health messaging, contractor oversight, and medica...Reuters
Mon, Sep 29
Trump administration to expand coal leasing, fund coal plant upgrades
US opens 13.1 million acres of federal land to coal leasingEnergy Department releases funds for power generation from coalGreen group: move will spike power bills, damage healthBy Timothy Gardner WASHINGTON, Sept 29 (Reuters) - The Trump administration will expand coal mine leasing on federal lan...Reuters
Mon, Sep 29
EU wheat hovers near lows as high euro and hefty supply weigh
PARIS, Sept 29 (Reuters) - European wheat fell to near a contract low on Monday, pressured by a rise of the euro against the dollar and a global supply glut, while traders were assessing potentially lower-than-expected wheat exports from top competitor Russia.Benchmark December milling wheat BL2Z5 o...Reuters
Mon, Sep 29
Europe Gasoline/Naphtha-Gasoline cracks rise
LONDON, Sept 29 (Reuters) - Northwest European gasoline profit margins gained over $2 a barrel on Monday as underlying crude futures fell.A total of 6,000 metric tons of Eurobob E5 barges were traded, with Sahara selling to BP and TotalEnergies.No E10 barges traded.Nigeria's oil workers' uni...Reuters
Mon, Sep 29
Mali's industrial gold output down 32% on Barrick suspension, document says
By Tiemoko Diallo BAMAKO, Sept 29 (Reuters) - Mali's industrial gold production fell 32% year-on-year to 26.2 tons by the end of August, weighed down by the months-long suspension of Barrick Mining's operations, according to a mines ministry document seen by Reuters on Monday.Industrial o...Reuters
Mon, Sep 29
Olympics-LA28 selects Highland to supply 500 electric school buses for Games
By Rory CarrollLOS ANGELES, Sept 29 (Reuters) - LA28 on Monday said it has chosen Highland Electric Fleets as the official electric school bus provider for the 2028 Olympic and Paralympic Games, a partnership that will deploy 500 zero-emission buses to support transport operations.Rather than acquir...Reuters
Mon, Sep 29
WRAPUP 1-Barrick and Newmont CEOs depart in mining leadership shake-up
Appointment of interim CEO follows surprise early exit of Mark BristowNewmont CEO Tom Palmer also departs, Natascha Viljoen steps upViljoen will become first female Newmont CEOWithin mining sector, Rio, BHP also overhauling leadershipBy Divya Rajagopal and Clara Denina Sept 29 (Reuters) - Barrick...Reuters
Mon, Sep 29
Ukraine's Zaporizhzhia nuclear plant now without offsite power for six days, Grossi says
Sept 29 (Reuters) - The Zaporizhzhia Nuclear Power Plant in Ukraine has now been without offsite power for six days, the U.N. atomic watchdog's chief Rafael Grossi said in a post on X on Monday.Grossi said he met Ukrainian Foreign Minister Andrii Sybiha in Warsaw and exchanged views about the nu...Reuters
Mon, Sep 29
US Cash Grains-Corn basis bids flat-up as farmers focus on harvesting
Sept 29 (Reuters) - Corn basis bids were mostly flat to up at grain elevators and processors in the U.S. Midwest on Monday as farmers focused on their harvests, brokers said.The corn basis edged up at an elevator in Cincinnati, Ohio; a processor in Cedar Rapids, Iowa; and an ethanol plant in Annawan...Reuters
Mon, Sep 29
Labor Department to suspend US economic data releases if government shuts down
WASHINGTON, Sept 29 (Reuters) - The U.S. Labor Department said on Monday its statistics agency would suspend economic data releases, including the closely watched employment report for September, in the event of a government shutdown.Reuters
Mon, Sep 29
BofA raises copper price forecast for 2026 and 2027
Sept 29 (Reuters) - Bank of America (BofA) raised its forecasts for 2026 and 2027 copper prices amid supply concerns and noted that demand is rebounding in Europe and set to stabilise in China . The bank raised its copper price outlook for next year to $11,313 per ton from $...Reuters
Mon, Sep 29
On NATO's eastern flank, bunkers and anti-drone nets set to protect power grids
Drones incursions alarm NATO and EU member statesFour countries accelerate moves to protect power gridsSecurity to include concrete bunkers, anti-drone nets One focus area is parts of Lithuania near Belarus border Another focus is the so-called Suwalki Gap By Andrius Sytas and Marek Strzelecki N...Reuters
Mon, Sep 29
