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GRAINS-Soybeans near six-week low as China shuns US supplies, buys Argentine crop
Soybeans resume fall after technical bounce on TuesdayChina buyers book Argentine cargoes, keeping US sidelinedCorn retreats, drags wheat back from early gainsBy Karl Plume CHICAGO, Sept 24 (Reuters) - U.S. soybean futures eased on Wednesday on export concerns as large sales of Argentine soy to C...Reuters
5 minutes ago
Gold retreats from record high as Powell cools cut bets, US Dollar strengthens
Gold (XAU/USD) price turns negatively on Wednesday after rallying for three consecutive trading days, which pushed the yellow metal to a record high at $3,791, before retreating somewhat as investors digest Federal Resever (Fed) Chair Jerome Powell's comments, which seem to pour cold water on rate c
Fxstreet
19 minutes ago
US Cash Grains-Corn basis bids flat to lower
Sept 24 (Reuters) - Corn basis bids were steady to down at elevators, river terminals and processors in the U.S. Midwest on Wednesday, a spot check of locations showed. The corn basis fell at a Cincinnati, Ohio elevator, a Decatur, Illinois processor and a Toledo, Ohio river terminal. The soybean ba...Reuters
20 minutes ago
REFILE-Brazil's CADE sets date for key vote on soy moratorium appeal
By Ana Mano SAO PAULO, Sept 24 (Reuters) - Brazilian antitrust agency CADE's tribunal will begin to review an appeal made by oilseeds lobby Abiove and grain traders, including Cargill and Bunge BG.N, against a measure ordering the companies to suspend enforcement of the soy moratorium program...Reuters
21 minutes ago
China's Xi announces new climate targets
BEIJING, Sept 25 (Reuters) - China aims to reduce economy-wide greenhouse gas emissions by 7% to 10% by 2035 compared with the peak, President Xi Jinping said as he announced China's updated climate targets to the United Nations General Assembly in New York on Wednesday local time.As part of Chi...Reuters
26 minutes ago
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Surprise drop in US crude inventories boosts oil pricesUkraine strikes Russian oil stations, raising supply concernsIran says crude sales to China should continue irrespective of UN sanctions snap-backBy Scott DiSavino NEW YORK, Sept 24 (Reuters) - Oil prices climbed about 3% to a seven-week high...Reuters
28 minutes ago
CBOT wheat ends down as short-covering support fades, corn retreats
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade wheat futures ended lower on Wednesday as short covering and technical buying that had lifted prices early in the session faded, and as spillover pressure from lower corn futures weighed on the market.Wheat had rallied sharply from contract lows on...Reuters
31 minutes ago
US natgas futures steady, cash prices in Waha and AECO turn negative
Pipeline constraints cause negative cash prices at Waha, AECO hubsAECO prices hit record lows for two consecutive daysLower 48 states' gas output falls, storage levels remain highBy Scott DiSavino Sept 24 (Reuters) - U.S. natural gas futures were little changed on Wednesday as bearish forecas...Reuters
37 minutes ago
CBOT corn ends lower on harvest pressure, weaker soybeans
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade corn futures retreated on Wednesday on rising supplies from an accelerating U.S. harvest and spillover pressure from sinking soybeans.Losses were limited by concerns that U.S. corn yields would not be as large as the government and some private for...Reuters
38 minutes ago
Countries committed to climate action despite Trump, UN adviser Sachs says
Trump climate comments this week 'raised some eyebrows' says Jeffrey SachsDespite that, countries are not changing view of the riskRenewables costs sliding, he saysBy Katy Daigle, Simon Jessop and Heather Timmons NEW YORK, Sept 24 (Reuters) - U.N. special adviser on sustainability and Col...Reuters
40 minutes ago
CBOT soybeans ease on US export demand concerns
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade soybean futures retreated on Wednesday as China's active buying of Argentine soy fueled worries about lagging U.S. export demand.Chinese importers kept up a hectic pace of Argentine soybean purchases after the South American supplier's move...Reuters
55 minutes ago
PRECIOUS-Gold slips from record peak; markets eye US economic data
US core PCE data due on Friday US weekly jobs data due on ThursdayPowell strikes cautious tone on path of future rate cutsBy Noel John Sept 24 (Reuters) - Gold prices eased on Wednesday as the U.S. dollar firmed, retreating from a record high scaled in the previous session, while investors hunker...Reuters
an hour ago
Aris Mining reports safe recovery of all workers at Colombia mine
Sept 24 (Reuters) - Aris Mining ARIS.TO said on Wednesday all 23 workers who were trapped underground at the La Reliquia Mine in Colombia have been safely brought to the surface. The company reported on Tuesday a collapse had occurred at the mine's main shaft access.Of the 23 workers trapped, fi...Reuters
an hour ago
UN chief tells countries new climate targets must go 'futher, faster'
By Valerie Volcovici WASHINGTON, Sept 24 (Reuters) - United Nations Secretary-General Antonio Guterres on Wednesday called on all countries that are party to the Paris climate agreement to set new climate plans for the year 2035 that achieve faster and deeper emission reduction cuts than they'...Reuters
2 hours ago
Aurubis starts production at US copper recycling plant
HAMBURG, Sept 24 (Reuters) - Aurubis AG NAFG.DE, Europe's largest copper producer, said on Wednesday it had started production at its newly built U.S. metal recycling plant at Richmond in Georgia. The plant will reduce the need for U.S. metal imports, with production expected to reach full capac...Reuters
2 hours ago
Ben Carson joins USDA as nutrition adviser
WASHINGTON, Sept 24 (Reuters) - Ben Carson, a former U.S. housing secretary and retired neurosurgeon, was sworn in on Wednesday as a national adviser on nutrition, health and housing at the U.S. Department of Agriculture, the agency said.Carson, who served as Housing and Urban Development secret...Reuters
2 hours ago
California AG pledges more lawsuits against Trump's green rollbacks, oil companies
California's strategy is to counter push to expand fossil fuelsBonta says administration has 'head-in-the-sand' attitude to climate changeBy Valerie Volcovici and Sheila Dang Sept 24 (Reuters) - California Attorney General Rob Bonta said on Wednesday his state would continue to sue th...Reuters
2 hours ago
'Right now we are bleeding': Oilfield execs dour in Dallas Fed energy survey
Uncertainty in oil prices affects investment decisions, Dallas Fed survey revealsGeopolitical tensions and OPEC+ actions influence oil price fluctuationsExecutives foresee shale drilling viability outside US, Canada, ArgentinaBy Georgina McCartney HOUSTON, Sept 24 (Reuters) - Oil and gas activity...Reuters
2 hours ago
GRAINS-Soybeans near six-week low as China shuns US supplies, buys Argentine crop
Soybeans resume fall after technical bounce on TuesdayChina buyers book Argentine cargoes, keeping US sidelinedCorn subdued, wheat recovers from lows as demand stirsBy Karl Plume CHICAGO, Sept 24 (Reuters) - U.S. soybean futures eased on Wednesday on export concerns as large sales of Argentine so...Reuters
2 hours ago
Italian navy ship won't use military force in assisting Gaza flotilla, PM says
NEW YORK, Sept 24 (Reuters) - An Italian navy ship sent to assist an international aid flotilla attacked overnight on its way to Gaza is not expected to use military force, Prime Minister Giorgia Meloni said on Wednesday.Meloni, who spoke to journalists in New York where she is attending the U.N. Ge...Reuters
2 hours ago
