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GRAINS-Soybeans, corn jump after USDA's monthly crop report
Corn and soy tick higher as traders digest USDA reportWheat tips lower on hefty global supplyBy Heather Schlitz CHICAGO, Sept 12 (Reuters) - Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. fa...Reuters
12 minutes ago
USDA projects record US corn crop, biggest harvested acres since 1933
By Karl Plume CHICAGO, Sept 12 (Reuters) - U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the U.S. Department of Agriculture said on Friday.The agency further increased its es...Reuters
17 minutes ago
Goldman Sachs Sees LNG Glut Pressuring European Gas Prices by 2027
Sept 12 (Reuters) - Goldman Sachs GSGSC.UL: SAYS IT FORECASTS GROWING LNG SUPPLY TO FURTHER INCREASE THE LIKELIHOOD OF EUROPEAN GAS STORAGE CONGESTION IN 2027, PRESSURING TTF TO 20 EUR/MWH ($6.85/MMBTU) THAT YEARSAYS ON US GAS, IT REMAINS BULLISH CAL26 HENRY HUB, WHEN WE EXPECT PRICES TO RISE TO $4....Reuters
35 minutes ago
INSTANT VIEW-USDA raises estimates of US corn and soybean acreage
CHICAGO, Sept 12 (Reuters) - The U.S. Department of Agriculture raised its 2025 U.S. corn production forecast to a record-high 16.8 billion bushels in a monthly report on Friday, reflecting an increased assessment of harvested acreage. The agency also lowered its estimate of the average corn yield, ...Reuters
43 minutes ago
Euronext wheat holds steady after USDA report
PARIS, Sept 12 (Reuters) - European wheat futures edged higher on Friday, a day after almost touching contract lows, as grain markets barely reacted to news of strong supply and demand in a U.S. government crop report.December milling wheat BL2Z5 on Euronext settled 0.1% up at 189.75 euros ($222.48)...Reuters
47 minutes ago
US drillers add oil and gas rigs for second week in a row, Baker Hughes says
By Scott DiSavino Sept 12 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since April, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future...Reuters
an hour ago
China condemns sailing of US, British warships through Taiwan Strait
BEIJING, Sept 12 (Reuters) - China's military on Friday condemned the sailing of a U.S. and British warship through the sensitive Taiwan Strait, saying it ordered naval and air forces to monitor and warn the two ships.The People's Liberation Army's Eastern Theatre Command said the U.S. d...Reuters
an hour ago
Oil jumps after drones strike Russian terminal
Ukrainian drones strike Russia's largest oil terminal Prices supported by Chinese buying and war risksBrent and WTI benchmarks fell sharply in previous session Sept 12 (Reuters) - Oil prices rose on Friday after a Ukrainian drone attack on a Russian port suspended loadings, outweighing pressu...Reuters
an hour ago
UK defends sailing of British warship through Taiwan Strait
LONDON, Sept 12 (Reuters) - Britain said on Friday that the sailing of its HMS Richmond through the sensitive Taiwan Strait was a routine passage that was in compliance with international law. "HMS Richmond's navigation through the Taiwan Strait was a routine passage as part of Carrier Strik...Reuters
an hour ago
Europe Gasoline/Naphtha-Gasoline profit margins drop
LONDON, Sept 12 (Reuters) - Northwest European gasoline profit margins fell by about 50 cents on Friday to $19.44 but the market remained supported by refinery outages. A total of 8,000 metric tons of Eurobob E5 barges were traded as Gunvor sold to ExxonMobil, Shell and Trafigura.An additional 3,00...Reuters
2 hours ago
METALS-Copper strides to five-month peak on hopes for US rate cuts
By Eric Onstad LONDON, Sept 12 (Reuters) - Copper prices hit a more-than-five-month high on Friday, lifted by expectations of U.S. interest rate cuts and concerns over potential supply shortages.Three-month copper CMCU3 on the London Metal Exchange gained 0.2% to $10,069 per metric ton by 1600 GM...Reuters
2 hours ago
EXCLUSIVE-Canada may drop oil emissions cap as part of new climate plan, sources say
Canada considers scrapping oil emissions cap for climate strategyAlberta must commit to emissions reduction for cap removalOil sector's emissions rise, risking climate goals by 2030By Amanda Stephenson CALGARY, Sept 11 (Reuters) - Canada's government is in discussions with energy companie...Reuters
2 hours ago
Euronext wheat regains ground before USDA data
PARIS, Sept 12 (Reuters) - European wheat futures edged higher on Friday, moving away from contract lows as traders awaited a U.S. government crop report later in the day for a crucial indication of U.S. grain supply. December milling wheat BL2Z5 on Euronext was up 0.4% at 190.25 euros ($222.97) pe...Reuters
3 hours ago
EU countries delay deal on new climate goal, diplomats say
By Kate Abnett BRUSSELS, Sept 12 (Reuters) - European Union countries have shelved plans to approve a new climate change target next week, after pushback from governments including France and Germany over plans to quickly land a deal, three EU diplomats told Reuters on Friday.Countries are discus...Reuters
3 hours ago
India, EU trade talks enter crucial phase, aiming to seal deal by year end
By Manoj Kumar NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India’s...Reuters
3 hours ago
SOFTS-Arabica coffee hits four-month high, sugar and cocoa ease
LONDON, Sept 12 (Reuters) - Arabica coffee futures on ICE rose to a four-month high on Friday boosted by tight supplies in the U.S. following the imposition of a 50% tariff on shipments from Brazil. COFFEE* Arabica coffee KCc2 rose 2.5% to $3.9570 per lb by 1401 GMT after climbing ...Reuters
4 hours ago
Canada had constructive talks with China over canola dispute, Ottawa says
OTTAWA, Sept 12 (Reuters) - Canadian officials had constructive talks with their Chinese counterparts about Beijing's duties on canola during a recent visit, Prime Minister Mark Carney's office said in a statement on Friday. China, the world's largest importer of canola, imposed preli...Reuters
4 hours ago
Exxon, other oil companies defeat climate lawsuit by Puerto Rican towns
By Mike Scarcella Sept 12 (Reuters) - Exxon XOM.N, Shell SHEL.L and several other major energy companies convinced a federal judge to dismiss a lawsuit in Puerto Rico accusing them of misleading the public about climate change and conspiring to suppress clean energy alternatives.U.S. District Jud...Reuters
4 hours ago
EXCLUSIVE-EU could quit Russian gas within a year, US energy chief says
By Kate Abnett and Nora Buli BRUSSELS, Sept 12 (Reuters) - The European Union could phase out Russian gas within six to 12 months by replacing it with U.S. liquefied natural gas, and the United States communicated this position to EU officials this week, U.S. energy secretary Chris Wright told Re...Reuters
5 hours ago
