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CIF/FOB Gulf Grain-Soybean bids mixed on China buying, lower barge freight
CHICAGO, Feb 9 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were mixed on Monday on solid demand, increased supplies in the export pipeline and weaker freight costs, traders said.Chicago Board of Trade soybean futures Sv1 hit a two-month high last week after rema...Reuters
30 minutes ago
US wants firms to commit to new AI data center compact, Politico reports
Feb 9 (Reuters) - President Donald Trump's administration wants technology companies to commit to a new compact concerning AI data centers, Politico reported on Monday, citing two administration officials. The draft compact sets out commitments to make sure data centers do not raise household el...Reuters
35 minutes ago
GRAINS-US soy futures pull back from rally as Brazil harvest advances
Soybean futures retreat on profit-takingCorn, wheat drift lower in featureless trade; USDA data awaitedSoyoil futures climb; US-India trade pact seen as supportiveBy Julie Ingwersen CHICAGO, Feb 9 (Reuters) - U.S. soybean futures fell on Monday on profit taking after a rally last week drove price...Reuters
58 minutes ago
Gold Price Forecast: Spot Gold pushes back above $5,000
The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month.
Fxstreet
58 minutes ago
Australia's Treasury Wine settles US distributor dispute, raises HY earnings outlook
Feb 10 (Reuters) - Australia's Treasury Wine Estates TWE.AX said on Tuesday it had settled a dispute with its U.S. distributor, Republic National Distributing Company, over the closure of the California operations last September.The winemaker also expects first‑half earnings before interest and ...Reuters
an hour ago
CANADA-CRUDE-Discount on Western Canada Select continues to widen
Feb 9 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened to its steepest point since July 2024 on Monday. WCS for March delivery in Hardisty, Alberta, settled at $15.45 a barrel below the U.S. benchmark WTI, according...Reuters
an hour ago
Air Canada suspends Cuba flights as island set to run out of jet fuel
Jet fuel shortage linked to US blocking Venezuelan oil exportsSome airlines plan to refuel in nearby countriesAir Canada set to fly about 3,000 customers homeCuba historically relies on Venezuela for jet fuel By Dave Sherwood and Allison Lampert HAVANA/MONTREAL, Feb 9 (Reuters) - Air Canada AC.T...Reuters
2 hours ago
US Cash Crude-Grades little changed as WTI/Brent spread holds steady
HOUSTON, Feb 9 (Reuters) - Grades were little changed on Monday, dealers said, as the WTI/Brent spread remained largely steady. The spread between WTI and Brent widened to a discount of as much as minus $4.85 during the session. A spread larger than minus $4 typically encourages export demand, drivi...Reuters
2 hours ago
Australia's Treasury Wine settles US distributor dispute, lifts HY earnings outlook
Feb 10 (Reuters) - Australia's Treasury Wine Estates TWE.AX said on Tuesday it had settled a dispute with its U.S. distributor, Republic National Distributing Company, over the closure of the California operations last September.The firm now expects first-half earnings before interest and taxes ...Reuters
2 hours ago
CSX Announces $670 Million Locomotive Fleet Upgrade with Wabtec
Feb 9 (Reuters) - CSX Corp CSX.O:CSX ANNOUNCES $670M LOCOMOTIVE FLEET UPGRADE WITH WABTECCSX CORP - TO UPGRADE FLEET WITH 150 LOCOMOTIVESCSX CORP - DELIVERY OF NEW LOCOMOTIVES EXPECTED THIS YEARCSX CORP: DELIVERIES OF MODERNIZED LOCOMOTIVES BEGINNING IN 2027Reuters
2 hours ago
Medpace Q4 revenue beats expectations
OverviewClinical research firm's Q4 revenue rose 32%, beating analyst expectationsQ4 EBITDA increased 20%, though margin decreased compared to last yearNet new business awards for Q4 rose 39.1%, net book-to-bill ratio at 1.04xOutlookMedpace forecasts 2026 revenue between $2.755 bln and $2.855 bl...Reuters
3 hours ago
CBOT wheat futures end lower ahead of monthly USDA crop report
CHICAGO, Feb 9 (Reuters) - Chicago Board of Trade wheat futures ended modestly lower on Monday on follow-through selling after Friday's lower close as brokers awaited fresh fundamental direction.CBOT March soft red winter wheat WH26 settled down 1 cent at $5.28-3/4 per bushel.K.C. March hard red...Reuters
3 hours ago
CBOT corn ends lower, following soybeans; USDA data awaited
CHICAGO, Feb 9 (Reuters) - Chicago Board of Trade corn futures ended lower on Monday, pressured by a lack of supportive news, declines in soybeans and position-squaring ahead of Tuesday's monthly supply-demand report from the U.S. Department of Agriculture, traders said.CBOT March corn CH26 sett...Reuters
3 hours ago
Oil settles up more than 1% after US urges caution for vessels near Iran
US advises vessels in Strait of Hormuz stay away from IranIran threatens US bases if attacked, despite talksEU proposes ban on services supporting Russia's oil exportsIndia moving away from Russian oil, sources sayBy Shariq Khan NEW YORK, Feb 9 (Reuters) - Oil prices settled more than 1% ...Reuters
3 hours ago
CBOT soybeans retreat as Brazilian harvest expands; USDA data awaited
CHICAGO, Feb 9 (Reuters) - Chicago Board of Trade soybean futures ended lower on Monday, pressured by the expanding harvest of a massive crop in Brazil and profit-taking after a rally last week drove prices to two-month highs above $11 a bushel, traders said.CBOT March soybeans SH26 settled down 4-1...Reuters
3 hours ago
US natural gas futures fall more than 8% on milder forecasts
By Anjana AnilFeb 9 (Reuters) - U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous session's gains.Gas futures for March delivery NGc1 on the New York Mercantile Exchange fell 28.4 cents...Reuters
4 hours ago
Judge temporarily halts order requiring Trump to unfreeze tunnel funding
By David ShepardsonFeb 9 (Reuters) - A U.S. judge in New York on Monday temporarily put her ruling on hold forcing the Trump administration to lift a four-month-old freeze on federal funding for the $16 billion Hudson River Tunnel Project connecting New York City and New Jersey.U.S. District Judge J...Reuters
4 hours ago
PRECIOUS-Gold rises as dollar slips, focus turns to US jobs data
China's central bank buys gold for 15th consecutive monthSilver climbs over 6% after gaining nearly 10% on FridayDelayed US jobs, inflation data due later this weekBy Anmol Choubey Feb 9 (Reuters) - Gold prices rose 2% on Monday, buoyed by a softer dollar as investors braced for a week packed...Reuters
5 hours ago
GRAINS-US soy futures pull back from rally as Brazil harvest advances
By Julie Ingwersen CHICAGO, Feb 9 (Reuters) - U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump's remarks that China may buy more beans from the United States.The expanding...Reuters
5 hours ago
EXCLUSIVE-Venezuela's Orinoco Belt loosening helps lift oil output to 1 million bpd, sources say
Faster oil exports have allowed inventory drainPDVSA had ordered joint ventures in the Orinoco to cut output New US licenses expected for firms to keep growing productionBy Marianna Parraga Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most output cuts at its own oilfiel...Reuters
5 hours ago
