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USDA says US soybean sale to China reported this week occurred in January
By Karl Plume CHICAGO, Sept 12 (Reuters) - A U.S. soybean export sale to China that was included in weekly U.S. Department of Agriculture data on Thursday reflected an export transaction that occurred in January, the USDA confirmed to Reuters in an email on Friday.The USDA had included a 67,849-m...Reuters
6 minutes ago
CBOT corn higher after USDA crop report
CHICAGO, Sept 12 (Reuters) - Chicago Board of Trade corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, eve...Reuters
10 minutes ago
SOFTS-Arabica coffee hits four-month high, sugar and cocoa ease
NEW YORK, 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 settled up 10.75 cents, or 2.8%, at $3.9685 per lb af...Reuters
55 minutes ago
Union Pacific CEO says he had talks with Trump on $85 billion plan to buy Norfolk
By Sabrina Valle NEW YORK, Sept 12 (Reuters) - Union Pacific Corp UNP.N CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad's proposed $85 billion buyout of Norfolk Southern Corp NSC.N, the company said on Friday, as it awaits regulatory approval for w...Reuters
an hour ago
Neil Young hit with trademark lawsuit over band name Chrome Hearts
Fashion brand Chrome Hearts filed suit in Los AngelesIt seeks money damages and order blocking use of name By Blake BrittainSept 12 (Reuters) - Rock legend Neil Young and his latest band the Chrome Hearts have been sued for trademark infringement by Los Angeles luxury fashion brand Chrome Hearts.The...Reuters
an hour ago
US Cash Grains-Soy crusher basis mostly steady-weaker
Sept 12 (Reuters) - Basis bids for soybeans were mostly steady to weaker among U.S. Midwest soybean processors on Friday, easing at several Indiana crushing sites, while corn basis bids were steady to firmer, spot checks showed.The soybean basis fell by a nickel per bushel at crushing plants in Lafa...Reuters
an hour ago
Amazon tests GM electric delivery vans in bid to meet climate goals, Bloomberg News reports
Sept 12 (Reuters) - Amazon.com AMZN.O has been testing General Motors' GM.N BrightDrop electric van, as the e-commerce giant continues to explore options to reduce carbon emissions of its wide-spread delivery operation, Bloomberg News reported on Friday.The company has been testing about 12 vans...Reuters
an hour ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 hours 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
3 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
3 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
4 hours ago
