News
Important Only
GRAINS-Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand
SINGAPORE, Sept 24 (Reuters) - Chicago soybeans slid to a nearly six-week low on Wednesday, giving up some of last session's gains, weighed down by harvest pressure and China's absence from the U.S. market.Corn dipped, while wheat rose for a second session on bargain-buying.FUNDAMENTALS* The...Reuters
7 minutes ago
Gold Price Forecast: XAU/USD holds steady near $3,750 as traders digest Fed’s Powell speech
The Gold price (XAU/USD) holds steady near $3,760 after retreating from an all-time high of $3,791 during the early Asian session on Wednesday. Rising expectations of further US rate cuts and safe-haven flows provide some support to the precious metal.
Fxstreet
9 minutes ago
Canadian PM Carney expects to meet Chinese President Xi at 'appropriate time'
Sept 23 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday said he had discussions with Chinese Premier Li Qiang regarding steel tariffs and added that he expected to meet Chinese President Xi Jinping at an "appropriate time.""There is some alignment of tariffs with the United St...Reuters
32 minutes ago
Anson Resources, LG Energy Solution sign five-year lithium offtake deal
Sept 24 - Anson Resources ASN.AX signed on Wednesday an offtake deal with South Korea's LG Energy Solution 373220.KS for battery-grade lithium carbonate supply from the Australian miner's project within the Paradox Basin in southern Utah.Under the agreement, the South Korean battery manufact...Reuters
36 minutes ago
Super Typhoon Ragasa lashes Hong Kong with hurricane-force winds and heavy rain
Hundreds of flights cancelled, shelters openedWinds up to 200kph, huge seas and heavy rains forecastStorm expected to target China's Guangdong Province next HONG KONG, Sept 24 (Reuters) - Super Typhoon Ragasa, the world's most powerful tropical cyclone this year, lashed Hong Kong with hur...Reuters
44 minutes ago
LIVESTOCK-CME feeder cattle extend gains on US supply worries
By Tom Polansek CHICAGO, Sept 23 (Reuters) - Chicago Mercantile Exchange feeder cattle futures extended gains on Tuesday on concerns over tightening U.S. supplies, analysts said.Feeder cattle rose again after the U.S. Department of Agriculture said on Sunday that Mexico had confirmed a case of Ne...Reuters
50 minutes ago
Anson Resources, LG Energy Solution ink offtake deal for lithium supply
Sept 24 - Anson Resources ASN.AX signed on Wednesday an offtake agreement with South Korea's LG Energy Solution 373220.KS for the supply of battery-grade lithium carbonate from the Australian miner's Paradox Basin Lithium Project in Southern Utah.Reuters
an hour ago
Super Typhoon lashes Hong Kong with hurricane-force winds and heavy rain
HONG KONG, Sept 24 (Reuters) - Super Typhoon Ragasa, the world's most powerful tropical cyclone this year, lashed Hong Kong with hurricane-force winds and torrential rain on Wednesday as the city shut down and more than 700 flights were cancelled. The typhoon sparked panic buying this week, with...Reuters
2 hours ago
US Plains HRW Wheat-Basis bids flat as futures falter
CHICAGO, Sept 23 (Reuters) - Basis bids for hard red winter wheat were steady in the U.S. Plains on Tuesday as futures fell and farmers began planting the U.S. winter wheat crop. Farmers were planting the U.S. winter wheat crop that will be harvested next year.Planting was 20% complete as of Sunday,...Reuters
2 hours ago
Peru's Antamina expects jump in zinc to offset lower copper output
AREQUIPA, Sept 23 (Reuters) - Zinc production at Peru's Antamina mine, controlled by Glencore GLEN.L and BHP BHP.AX, is expected to rise 67% this year, offsetting a 12% drop in copper output as management works on extending the life of the deposit, an executive said on Tuesday.Antamina Operation...Reuters
2 hours ago
US Cash Crude-Grades mixed on first day of volatile roll trade period
Sept 23 (Reuters) - Physically traded domestic crude grades were mixed on Tuesday, dealers said, on the first full day of the volatile roll trading period. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U....Reuters
3 hours ago
Oil settles up $1/bbl as restart of Kurdish oil exports stalls
Kurdistan oil export deal stalls over debt repayment assurancesGlobal oil market faces elevated supply, IEA saysInvestors eye US distillate stocks amid attacks on Russian oil infrastructureBy Georgina McCartney HOUSTON, Sept 23 (Reuters) - Oil prices settled up more than $1 a barrel on Tuesday af...Reuters
3 hours ago
US judge proposes to extend Citgo auction timeline to late Oct
HOUSTON, Sept 23 (Reuters) - A U.S. judge overseeing a court-ordered auction of shares in the parent of refiner Citgo Petroleum said on Tuesday he is inclined to receive briefings about the bid recommended as winner through October 15, with oral arguments presented on October 20-21 and final replies...Reuters
4 hours ago
ADM, Alltech to launch North American animal feed joint venture
Sept 23 (Reuters) - Grain trader Archer-Daniels-Midland ADM.N and agricultural products developer Alltech signed a deal to launch a North American animal feed joint venture, the companies said on Tuesday.Alltech's Hubbard Feeds and Masterfeeds businesses, 18 feed mills in the U.S and 15 in Canad...Reuters
4 hours ago
UN aviation gathering opens under shadow of cyberattacks, geopolitical tensions
ICAO triennial assembly runs from September 23 to October 3Assembly navigating geopolitical tensions with Russia, North KoreaRussia seeking ICAO council chair after losing seat in 2022By Allison Lampert Sept 23 (Reuters) - A global gathering of aviation leaders that kicked off on Tuesday in Montr...Reuters
4 hours ago
US Department of Agriculture puts some food researchers on leave
By Kanishka Singh WASHINGTON, Sept 23 (Reuters) - The U.S. Department of Agriculture has placed on leave a team of federal economists and researchers responsible for the government's main survey on food insecurity, the union representing some of the workers said on Tuesday.About a dozen emplo...Reuters
4 hours ago
US Cash Grains-Soybean, corn basis bids steady in quiet trade
Sept 23 (Reuters) - Soybean and corn basis bids were steady at elevators, river terminals and processors in the U.S. Midwest on Tuesday in quiet trade, spot checks showed. The soybean basis rose at an Iowa elevator. Soy and corn basis bids elsewhere were steady.Farmers have turned attention to the e...Reuters
4 hours ago
US natgas drifts up after hitting near one-month low
By Anushree Mukherjee Sept 23 (Reuters) - U.S. natural gas futures firmed on Tuesday after hitting a near one-month low, yet ample supplies of gas in storage and forecasts for less demand kept gains in check. Front-month gas futures for October delivery NGc1 on the New York Mercantile ...Reuters
4 hours ago
GRAINS-Soy futures set six-week low as China buys Argentine cargoes, snubs US
Soybean futures turn higher after setting six-week low Market became oversold after recent losses, analysts sayChina buys Argentine soy, shutting out US, traders sayChina has avoided US soybeans during trade warBy Tom Polansek CHICAGO, Sept 23 (Reuters) - U.S. soybean futures set a six-week l...Reuters
4 hours ago
