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GRAINS-Soybeans rise after losses, US export uncertainty limits upside
SINGAPORE, Feb 24 (Reuters) - Soybeans inched higher on Tuesday as the market rose for the first time in three sessions on bargain-buying, although gains were curbed by uncertainty over U.S. exports following the Supreme Court decision to strike down President Donald Trump's tariffs.Wheat and co...Reuters
11 minutes ago
Canada's Cando Rail & Terminals to buy US rail assets of Savage Enterprises
By Nicole JaoNEW YORK, Feb 23 (Reuters) - Canadian railroad contractor Cando Rail & Terminals will buy the U.S. rail assets of Savage Enterprises as it expands its footprint across the U.S., Cando announced on Monday.Financial terms were not disclosed.The transaction gives the Manitoba-based Can...Reuters
26 minutes ago
Panama gives temporary oversight of canal ports to Maersk and Mediterranean Shipping Company
PANAMA CITY, Feb 23 (Reuters) - Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison 0001.HK, clearing the way for Maersk MAERSKb.CO and the Mediterranean Shipping Company to take over temporarily.The publication ...Reuters
59 minutes ago
US Cash Grains-Corn basis bids steady to mixed
CHICAGO, Feb 23 (Reuters) - Spot basis bids for corn were steady to mixed at elevators, while soybeans were steady to higher at river terminals around the U.S. Midwest on Monday, according to a spot check of locations. Basis bids for corn rose by 5 cents at an elevator in Blair, Nebraska. They fell ...Reuters
an hour ago
Brazil to revoke waterway decree after Indigenous protesters occupied Cargill port
SANTAREM/BRASILIA, Feb 23 (Reuters) - Brazil has decided to revoke a decree that would have expanded Amazonian waterways in a federal privatization program, a government official said on Monday, a move that follows the occupation of a Cargill port facility on the Tapajos river by Indigenous protest...Reuters
2 hours ago
Diamondback misses profit estimates as weaker oil prices weigh
By Sumit SahaFeb 23 (Reuters) - Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices, sending its shares down more than 3% in extended trading.Global crude oil prices have been pressured by g...Reuters
2 hours ago
Storm paralyzes travel, forcing more than 8,000 US flight disruptions
By David Shepardson and Allison Lampert Feb 23 (Reuters) - U.S. airlines are set to add flights on Tuesday, even as they wrestle with thousands of scrubbed flights the day after a powerful Northeast winter storm forced more than 8,000 cancellations and delays. The storm blanketed parts...Reuters
2 hours ago
US Plains HRW Wheat-Basis bids flat as futures dive
CHICAGO, Feb 23 (Reuters) - Basis bids for hard red winter wheat were steady in a spot check of locations in the U.S. Plains on Monday, as futures fell. Precipitation in the coming weeks is expected to bring some relief to the driest quarter of the Southwest Plains wheat crop, according to Commodity...Reuters
2 hours ago
Canada's Cando Rail & Terminals to buy Savage Rail
Feb 23 (Reuters) - Canadian railroad contractor Cando Rail & Terminals will buy U.S. peer Savage Rail as it expands its footprint across the U.S., Cando announced on Monday.The transaction gives the Manitoba-based Cando a significant foothold in the U.S., while it continues to expand its network...Reuters
2 hours ago
Gold climbs above $5,200 on geopolitical tensions, trade uncertainty
Gold price (XAU/USD) jumps to around $5,230 during the early Asian session on Tuesday. The rally of the precious metal is bolstered by heightened geopolitical tensions and global trade uncertainty following US tariff decisions.
Fxstreet
2 hours ago
ONEOK quarterly profit falls as pipeline divestiture impacts gas segment earnings
Feb 23 (Reuters) - U.S. pipeline operator ONEOK OKE.N posted a fall in fourth-quarter profit per share on Monday, hit by a sharp drop in earnings in its natural gas transportation segment linked to the 2024 divestiture of an interstate pipeline network.Shares of the company were down 2.8% in extende...Reuters
2 hours ago
LIVESTOCK-CME cattle fall on concerns meatpackers may pay less
By Tom Polansek CHICAGO, Feb 23 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Monday on expectations that demand may weaken from beef processors that were losing money buying livestock, analysts said.Tight supplies of cattle have sent cash prices soaring...Reuters
3 hours ago
US Cash Crude-Grades rise on first full day of volatile roll trading period
HOUSTON, Feb 23 (Reuters) - Grades rose on Monday, 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.S. crude futures contract.Prices...Reuters
3 hours ago
GRAINS-Soy, wheat retreat on US trade uncertainty after tariff ruling
Traders worry about US crop exports after Trump raises temporary dutiesSupreme Court struck down Trump's previous tariff programCBOT May soybeans hit November high before ending lowerBy Tom Polansek CHICAGO, Feb 23 (Reuters) - U.S. grain and soybean futures reached multi-month highs on Monday...Reuters
3 hours ago
North Dakota operators likely to keep crude output steady this year, regulator says
By Georgina McCartney and Siddharth CavaleHOUSTON, Feb 23 (Reuters) - Crude output is expected to be relatively steady in North Dakota in February, the third-largest U.S. oil-producing state, a state regulator said on Monday, with little change expected in drilling activity.Operators are likely to h...Reuters
3 hours ago
Paralyzing blizzard hits US Northeast, closing roads and canceling flights
New York City closes schoolsGovernors activate National Guard, declare regional emergenciesFlightAware reports over 7,400 flight cancellations NJ Transit suspends statewide rail and bus services due to stormBy Rajesh Kumar Singh and Rich McKay NEW YORK, Feb 23 (Reuters) - A powerful blizzard drop...Reuters
3 hours ago
OCI Energy And Arava Power Have Closed Construction Financing With ING Capital
Feb 23 (Reuters) - OCI ENERGY AND ARAVA POWER HAVE CLOSED CONSTRUCTION FINANCING WITH ING CAPITAL TO SUPPORT A 347 MWDC SOLAR ENERGY PROJECT NEAR HOUSTONOCI ENERGY: TOTAL INVESTMENT ASSOCIATED WITH PROJECT SUNROPER IS EXPECTED TO BE ABOUT $394 MILLIONOCI ENERGY: CONSTRUCTION FINANCING IS SUPPORTED B...Reuters
3 hours ago
BREAKINGVIEWS-Big Tech will only partly dissolve AI water risk
By Antony Currie MELBOURNE, Feb 24 (Reuters Breakingviews) - Barely two weeks into 2026, Nvidia NVDA.O boss Jensen Huang and Microsoft MSFT.O President Brad Smith seemed to have jointly defanged one of the biggest threats to the growth of artificial intelligence: water security. The Big Tech heav...Reuters
4 hours ago
Storm paralyzes travel, forcing more than 8,000 US flight disruptions
By David Shepardson and Allison Lampert Feb 23 (Reuters) - U.S. airlines were still digging out from a powerful Northeast winter storm that forced more than 8,000 flight cancellations and delays on Monday, with thousands more already scrubbed for Tuesday.FlightAware, a flight tracking site, said ...Reuters
4 hours ago
