News
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US Cash Grains-Soybean bids flat to down at processors and river terminals
CHICAGO, June 12 (Reuters) - Spot basis bids for U.S. soybeans were steady to weaker at processing facilities and river terminals in the U.S. Midwest on Thursday. Analysts said processors had plenty of supplies and grain shipping terminals in the Pacific Northwest were receiving more business, leavi...Reuters
Thu, Jun 12
MOVES-Citadel hires veteran US trader Barnea to bolster fuel trade, sources say
By Shariq Khan NEW YORK, June 11 (Reuters) - Citadel has hired veteran U.S. oil and fuel trader Shai Barnea as a portfolio manager for its refined products trading business as the U.S. hedge fund pushes deeper into commodities markets, two sources familiar with the matter said on Thursday.Barnea ...Reuters
Thu, Jun 12
CIF/FOB Gulf Grain-Corn barge bids ease, soy bids steady to lower
CHICAGO, June 12 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals were steady to lower on Thursday, and corn bids ticked lower, traders said.Chicago Board of Trade soybean futures Sv1 fell to one-week lows on Thursday as collapsing domestic cash markets, poor weekl...Reuters
Thu, Jun 12
NextDecade signs $9 billion contracts with Bechtel for construction of LNG sites
June 12 (Reuters) - U.S. liquefied natural gas producer NextDecade NEXT.O said on Thursday that its units have finalized contracts with Bechtel Energy to construct train 4 and train 5 at its Rio Grande LNG facility, with a combined value of about $9 billion. Under engineering, procurement, and co...Reuters
Thu, Jun 12
Trump promises immigration order soon on farm and leisure workers
Trump says farmers 'hurt badly' following immigration crackdownFarms heavily reliant on migrant laborHotel sector also to be addressed, Trump saysNo details given on content or timing of order WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump said he would issue an order soon to...Reuters
Thu, Jun 12
Home appliances swept up in expansion of Trump steel tariffs
June 12 (Reuters) - A range of imported household appliances including dishwashers, washing machines, refrigerators and more will be subject to President Donald Trump's expanded steel tariffs starting later this month, according to a notice posted on Thursday.The tariffs, which are currently at ...Reuters
Thu, Jun 12
CANADA-CRUDE-Discount on Western Canada Select widens
June 12 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures CLc1 widened on Thursday.WCS for July delivery in Hardisty, Alberta, settled at $9.05 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared ...Reuters
Thu, Jun 12
CBOT corn ends higher on supportive USDA stocks view
CHICAGO, June 12 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday after a choppy trading session, supported by tighter-than-expected stocks forecasts in a monthly U.S. government crop report and inter-market spreading against falling wheat and soybean futures, traders said.CB...Reuters
Thu, Jun 12
U.S. nuclear power plant outages
June 12 (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
Thu, Jun 12
MOVES-Citadel hires veteran US trader Barnea to bolster fuel trade, sources say
By Shariq Khan NEW YORK, June 11 (Reuters) - Citadel has hired veteran U.S. oil and fuel trader Shai Barnea as a portfolio manager for its refined products trading business as the U.S. hedge fund looks to push deeper into commodities markets, two sources familiar with the matter said on Thursday....Reuters
Thu, Jun 12
Certain common household appliances to be subjected to US steel tariffs starting June 23
June 12 (Reuters) - The U.S. Department of Commerce is subjecting imports of dishwashers, washing machines, refrigerators and other household appliances made from steel to additional tariffs, according to a notice posted on Thursday.The tariffs, which are currently at 50% for most countries, would t...Reuters
Thu, Jun 12
NextDecade finalizes contract with Bechtel Energy for the construction of its liquefaction trains
June 12 (Reuters) - U.S. liquefied natural gas producer NextDecade NEXT.O said on Thursday that its units have finalized an engineering, procurement, and construction contract with Bechtel Energy for the construction of train-4 and train-5 for about $9 billion at the Rio Grande LNG facility.Reuters
Thu, Jun 12
CBOT wheat declines on sluggish export demand, adequate US supplies
CHICAGO, June 12 (Reuters) - Chicago Board of Trade wheat futures declined on Thursday on sluggish export business and seasonal pressure as the harvest of an adequately sized U.S. wheat crop got rolling, traders said.CBOT July soft red winter wheat WN25 settled down 7-3/4 cents at $5.26-1/2 per bush...Reuters
Thu, Jun 12
NY State Public Service Commission approves 29 power projects, valued at $636.2 million
June 12 (Reuters) - The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday.These projects were proposed by Consolidated Edison ED.N, Niagara Mohawk Power Corporation, N...Reuters
Thu, Jun 12
US Plains HRW Wheat-Basis bids steady as harvest begins slowly
CHICAGO, June 12 (Reuters) - Spot basis bids for hard red winter wheat remained flat in the southern U.S. Plains on Thursday with the harvest off to a slow start, according to dealers. Dealers said high humidity and overcast skies were delaying dry down in the region. Protein premiums for railcar...Reuters
Thu, Jun 12
US natgas prices ease to one-week low on lower demand, big storage builds
Storage injections hit triple-digits for seventh weekStorage additions in May hit monthly record highSabine LNG plant seen back at full service in late JuneBy Scott DiSavino June 12 (Reuters) - U.S. natural gas futures eased to a one-week low on forecasts for lower demand this week, a slight incr...Reuters
Thu, Jun 12
ICE canola futures rise on technicals, worried farmers
WINNIPEG, Manitoba, June 12 (Reuters) - November ICE canola futures jumped over two percent on Thursday as worried farmers backed away from making forward sales.• July canola RSN5 settled up $9.50 at $723.80 per metric ton. November RSX5, the first month that represents the crop being grown now, ros...Reuters
Thu, Jun 12
CBOT soybeans end down as cash weakness fuels demand worries
CHICAGO, June 12 (Reuters) - Chicago Board of Trade soybean futures fell to one-week lows on Thursday as collapsing domestic cash markets, poor weekly export sales and worries about the size of U.S. biofuel mandates raised fears about demand for the oilseed, brokers said.CBOT July soybeans SN25 sett...Reuters
Thu, Jun 12
US EPA set to propose biomass-based diesel quotas below industry expectations, sources say
EPA to propose biomass-based diesel quotas below 5.25 billion gallons, sources sayProposal covers 2026 and 2027 blending requirements, sources saidIndustry awaits EPA decision on small refinery exemptions in paragraph 13By Stephanie Kelly and Jarrett Renshaw NEW YORK, June 12 - The U.S. Environme...Reuters
Thu, Jun 12
GRAINS-Soybeans hit 1-wk low on demand worries; wheat sags, corn firms
By Julie Ingwersen CHICAGO, June 12 (Reuters) - U.S. soybean futures fell to one-week lows on Thursday, pressured by worries about demand for soyoil and biodiesel fuel as well as cooling domestic cash markets for the oilseed, brokers said.Wheat futures sagged as global export business slowed whil...Reuters
Thu, Jun 12
