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CBOT wheat ends lower on big global supply
CHICAGO, Sept 9 (Reuters) - Chicago Board of Trade wheat futures were lower on Tuesday, pressured by hefty global supplies and as traders squared positions ahead of a monthly U.S. Department of Agriculture supply and demand report due at the end of the week.The USDA is expected to report a slight de...Reuters
48 minutes ago
CBOT soybeans slip as traders await USDA report
CHICAGO, Sept 9 (Reuters) - Chicago Board of Trade soybean futures eased on Tuesday as traders squared positions ahead of a monthly U.S. Department of Agriculture supply and demand report that is expected to show a slight drop in U.S. yields but a still-large soybean crop. The USDA is expected to tr...Reuters
53 minutes ago
FAA issues safety alert on risks posed by passenger lithium batteries
WASHINGTON, Sept 9 (Reuters) - The Federal Aviation Administration on Tuesday issued a safety alert to airlines over risks from lithium batteries in aircraft passenger compartments, citing a large number of serious incidents.The FAA recommended airlines adopt risk mitigation strategies including cle...Reuters
an hour ago
CBOT corn eases ahead of monthly USDA data; good US harvest weather
CHICAGO, Sept 9 (Reuters) - Chicago Board of Trade corn futures drifted lower on Tuesday as the U.S. harvest was underway and as traders squared positions ahead of a monthly U.S. Department of Agriculture supply and demand report due at the end of the week. The USDA is expected to trim its U.S. corn...Reuters
an hour ago
IAEA chief says inspection deal with Iran 'step in the right direction'
VIENNA, Sept 9 (Reuters) - U.N. nuclear watchdog chief Rafael Grossi said on Tuesday that a deal reached with Iranian Foreign Minister Abbas Araqchi on how to move toward a full resumption of inspections in Iran was "an important step in the right direction"."In Cairo today, agreed w...Reuters
an hour ago
US transportation chief to meet with airline CEOs on air traffic reform, sources say
Duffy seeks $19 billion more for air traffic control after mishapsUSDOT drops plan for cash compensation for flight disruptionsAirlines push for deregulation, oppose Biden-era consumer protectionsUSDOT may rescind April 2024 fee disclosure regulationsBy David Shepardson WASHINGTON, Sept 9 (Reuter...Reuters
2 hours ago
Silver Price Forecast: XAG/USD consolidates below $41.50 with bearish RSI divergence
Silver (XAG/USD) trades under pressure on Tuesday, retreating from recent highs as a modest rebound in the US Dollar (USD) and Treasury yields weighs on the metal. At the time of writing, spot prices are trading near $40.85, down over 1% on the day.
Fxstreet
2 hours ago
White House seeks temporary government funding until Jan. 31, House Majority Leader Scalise says
WASHINGTON, Sept 9 (Reuters) - The White House is seeking legislation that would extend current federal funding until January 31, thus avoiding government shutdowns on October 1 with the start of a new fiscal year, U.S. House of Representatives Majority Leader Steve Scalise said on Tuesday. “That wa...Reuters
2 hours ago
EU wheat falls back as Russian competition builds
PARIS, Sept 9 (Reuters) - Euronext wheat fell on Tuesday to around contract lows as signs of growing export competition from Russia outweighed support from an easing euro and short-covering by investors.December milling wheat BL2Z5, the most-active position on Paris-based Euronext, settled 1.2% down...Reuters
2 hours ago
Vale says fire extinguished at Brazil terminal will not affect shipments
RIO DE JANEIRO, Sept 9 (Reuters) - Brazilian miner Vale VALE3.SA said on Tuesday that firefighters employed by the company have extinguished a fire that hit an auxiliary tower at its maritime terminal Ponta da Madeira, located in northeastern Brazil. In a statement to Reuters, Vale said the fire did...Reuters
2 hours ago
US Cash Grains-Soy basis mostly steady to weaker, corn bids mixed
CHICAGO, Sept 9 (Reuters) - Spot basis bids for soybeans were mostly steady to weaker in the U.S. Midwest on Tuesday, falling at soy processing plants and a Midwest river terminal, spot checks showed, while the corn basis was mixed.The soybean basis fell by a nickel per bushel at crushing facilities...Reuters
2 hours ago
Moody's Says Teck Resources' Proposed Merger With Anglo American Is Credit Positive
Sept 9 (Reuters) - Moody's:MOODY'S RATINGS SAYS TECK RESOURCES' PROPOSED MERGER WITH ANGLO AMERICAN IS CREDIT POSITIVEMOODY'S: IF MERGER COMPLETED AS ANNOUNCED, COMBINATION WILL BE CREDIT POSITIVE FOR TECKReuters
2 hours ago
Oil prices to drop sharply in months ahead as OPEC+ raises output, US EIA says
NEW YORK, Sept 9 (Reuters) - Global oil prices are set to drop significantly in the months ahead as rising OPEC+ production will lead to large oil inventory builds, the U.S. Energy Information Administration said in its Short-Term Energy Outlook report on Tuesday.Brent crude, the global benchmark, i...Reuters
2 hours ago
GRAINS-Soybeans, corn, wheat ease slightly with eye on USDA crop report
By Renee Hickman CHICAGO, Sept 9 (Reuters) - Chicago corn, soybean and wheat futures fell slightly on Tuesday as traders squared positions before U.S. government forecasts later this week that are being closely watched as a gauge of potential U.S. production and exports this season.Wheat also tic...Reuters
2 hours ago
Europe Gasoline/Naphtha-Gasoline profit margins gain
LONDON, Sept 9 (Reuters) - Northwest European gasoline profit margins gained 80 cents a barrel to $20.17 on Tuesday. A total of 20,000 metric tons of Eurobob E5 barges traded with Gunvor and TotalEnergies selling to Shell, BP, Aramco and MB Energy.No E10 barges traded in the session. Argentina's...Reuters
3 hours ago
US transportation chief to meet with airline CEOs on air traffic reform, sources say
WASHINGTON, Sept 9 (Reuters) - Transportation Secretary Sean Duffy plans to meet with the CEOs of major airlines on Wednesday on the government's $12.5 billion plan to overhaul the nation's aging air traffic control system, sources told Reuters.Duffy will attend a meeting of Airlines for Ame...Reuters
3 hours ago
US natgas output, demand to hit record highs in 2025 before sliding in 2026, EIA says
By Scott DiSavinoSept 9 (Reuters) - U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday.EIA projected that dry gas production will rise from 103.2 billion cubic f...Reuters
3 hours ago
EDPR Closes Asset Rotation Deal For Solar And Storage Portfolio In US
Sept 9 (Reuters) - EDP Renovaveis SA EDPR.LS:CLOSES ASSET ROTATION DEAL FOR 300 MWAC SOLAR AND 92 MW STORAGE PORTFOLIO IN UNITED STATESTOTAL ENTERPRISE VALUE FOR 100% OF PORTFOLIO AMOUNTS TO $0.6 BILLIONCOMPLETES SALE OF 49% STAKE OF CLASS B SHARES IN PORTFOLIO OF 300 MWAC OF 2 OPERATING SOLAR PROJE...Reuters
3 hours ago
