News
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CANADA-CRUDE-Discount on Western Canada Select unchanged
Sept 15 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 was unchanged on Monday.WCS for October delivery in Hardisty, Alberta, settled at $11.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, flat on Friday...Reuters
5 minutes ago
SOFTS-Arabica coffee hits multi-month high, cocoa also gains
NEW YORK, Sept 15 (Reuters) - Arabica coffee futures on ICE surged near seven-month high on Monday, boosted by tight supply in the U.S., while cocoa prices also climbed. COFFEE* Arabica coffee KCc2 settled near seven-month high at $4.1765 per lb, up 20.8 cents or 5.2%.* Dealers said the market w...Reuters
20 minutes ago
GRAINS-Corn sags as bumper US crop harvest advances, soybeans retreat
By Julie Ingwersen CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade corn futures fell on Monday, retreating from a two-month high set on Friday, as market players focused on projections for a record-large U.S. harvest, analysts said.Soybean futures turned lower as worries resurfaced about expo...Reuters
26 minutes ago
USDA reports Nebraska's first case of bird flu in dairy cattle herd
By Tom PolansekCHICAGO, Sept 15 (Reuters) - Nebraska has detected its first case of bird flu in a dairy cattle herd, the U.S. Department of Agriculture said on Monday, showing the virus continues to spread in livestock after an outbreak began last year.Dairy cattle in 17 states have been infected si...Reuters
30 minutes ago
Canada's antitrust regulator to review Anglo-Teck merger
By Divya Rajagopal TORONTO, Sept 15 (Reuters) - Canada's antitrust regulator will review the proposed merger of Anglo American AAL.L and Teck Resources TECKb.TO, the regulator said on Monday."I can confirm that the proposed Teck-Anglo merger will be reviewed by the Competition Bureau,"...Reuters
30 minutes ago
Citgo parent auction nears final stages as sale hearing kicks off
Delaware judge to select final winner after four-day hearingHearing could extend to October if more evidence is neededAmber's bid includes $2.1 billion cash for PDVSA bondholdersGold Reserve, others prefer waiting for New York case resolutionCitgo's valuation at the center of disputeBy Maria...Reuters
31 minutes ago
Canada PM told Anglo American to move HQ to Canada for Teck deal nod, Globe and Mail reports
Sept 15 (Reuters) - Canadian Prime Minister Mark Carney told Anglo American AAL.L to move its headquarters to Canada or its proposed acquisition of Teck Resources TECKb.TO would not be allowed to proceed, the Globe and Mail reported on Monday, citing two sources familiar with the matter. London-base...Reuters
33 minutes ago
ICE canola futures fall on weak exports, harvest pressure
WINNIPEG, Manitoba, Sept 15 (Reuters) - ICE canola futures fell amidst harvest pressure, gloom over exports and a directionless market.• November canola RSX5 settled down $7.40 at $632.30 per metric ton. January RSF6 fell the same amounts.• Canola was weaker than Chicago soyoil, which saw its fourth...Reuters
58 minutes ago
US Plains HRW Wheat-Cash basis steady to up
CHICAGO, Sept 15 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady to higher in a spot check of grain elevators in the southern U.S. Plains on Monday. The basis rose by 10 cents at a grain elevator in Enid, Oklahoma.The September contract expired on Friday. The U.S. Department of Ag...Reuters
59 minutes ago
Deals of the day-Mergers and acquisitions
September 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 19:45 GMT on Monday:** Italiana Petroli's founding family has agreed to sell the oil refiner to State Oil Company of Azerbaijan (SOCAR) in a deal that will hand the group control of one of Italy'...Reuters
an hour ago
Unions back off threat to launch strike against New York rail agency
By David ShepardsonSept 15 (Reuters) - New York's Metropolitan Transportation Authority said on Monday that unions had backed off from a threat to launch a strike later this week at the Long Island Rail Road, which serves nearly 300,000 passengers daily.A group of unions said at a press conferen...Reuters
an hour ago
Canadian PM told Anglo American to move headquarters to Canada for Teck deal approval, Globe and Mail reports
Sept 15 (Reuters) - Canadian Prime Minister Mark Carney asked Anglo American AAL.L to move its headquarters to Canada or its proposed acquisition of Teck Resources TECKb.TO would not be allowed to proceed, Globe and Mail reported on Monday, citing two sources familiar with the matter. Reuters could ...Reuters
2 hours ago
CBOT wheat ends modestly higher on short covering; Russian duties eyed
CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade wheat futures closed modestly higher on Monday on short covering and news that top global exporter Russia plans to raise its wheat export duty, traders said.CBOT December soft red winter wheat WZ25 settled up 1-1/2 cents at $5.25 per bushel.K.C. De...Reuters
2 hours ago
EXCLUSIVE-SOCAR agrees to buy oil refiner Italiana Petroli, sources say
By Francesca Landini and Valentina Za MILAN, Sept 15 (Reuters) - Italiana Petroli's founding family has agreed to sell the oil refiner to State Oil Company of Azerbaijan (SOCAR) in a deal that will hand the group control of one of Italy's largest petrol station networks, two sources said....Reuters
2 hours ago
Canadian PM Mark Carney Told Anglo American To Move Headquarters To Canada Or He Wouldn't Approve Teck Mining Deal- Globe And Mail
Sept 15 (Reuters) - CARNEY TOLD ANGLO AMERICAN TO MOVE HEADQUARTERS TO CANADA OR HE WOULDN’T APPROVE TECK MINING DEAL- GLOBE AND MAILSource text: https://tinyurl.com/54xpt7cnReuters
2 hours ago
Citgo parent auction nears final stages as sale hearing kicks off
Delaware judge to select final winner after four-day hearingHearing could extend to October if more evidence is needed15 creditors seek up to $19 billion from auction proceedsAmber's bid includes $2.1 billion cash for PDVSA bondholdersGold Reserve, others prefer waiting for New York case resolut...Reuters
2 hours ago
US Cash Grains-Corn, soybean basis bids mostly flat to higher
Sept 15 (Reuters) - Basis bids for corn and soybeans were mostly steady to higher at processors and ethanol plants in a spot check of locations around the U.S. Midwest on Monday. The soybean basis rose at a processor in Council Bluffs, Iowa.The corn basis rose at a processor in Cedar Rapids, Iowa a...Reuters
2 hours ago
CBOT soybeans end lower on US harvest pressure, worries about China demand
CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade soybean futures ended lower on Monday, retreating from a two-week high on seasonal harvest pressure and worries about export demand from top global buyer China, traders said.U.S. and Chinese officials met in Spain and reached a potential deal on th...Reuters
2 hours ago
CBOT corn ends lower as harvest of bumper US crop advances
CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade corn futures closed lower on Monday, retreating from Friday's 2% rally as market players returned their focus to projections for a record-large U.S. harvest, traders said.CBOT December corn CZ25 settled down 6-3/4 cents at $4.23-1/4 per bushel ...Reuters
2 hours ago
