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US Plains HRW Wheat-Basis bids unchanged, protein premiums rise
CHICAGO, Feb 25 (Reuters) - Basis bids for hard red winter wheat were steady in a spot check of locations in the U.S. Plains on Wednesday, as futures fell. An active rain pattern by late next week should provide some relief to U.S. Plains and Midwest wheat, according to Commodity Weather Group. Mean...Reuters
an hour ago
APA's fourth-quarter profit falls on lower oil prices, production
Feb 25 (Reuters) - Oil and gas company APA APA.O reported a fall in fourth-quarter profit on Wednesday, hurt by lower oil prices and a fall in production.Global crude oil prices have been pressured by growing worries of a glut and the increasing prospect of Venezuela adding more barrels to global su...Reuters
an hour ago
APA reports fall in fourth-quarter profit
Feb 25 (Reuters) - Oil and gas company APA APA.O reported a fall in fourth-quarter profit on Wednesday, hurt by lower oil prices and a fall in production.The company reported a net income of $279 million, or 79 cents per share, for the quarter ended December 31, compared with $354 million, or 96 cen...Reuters
an hour ago
CME Group reopens Globex metals, natural gas trading after brief technical halt
Feb 25 (Reuters) - CME Group CME.O reopened trading in its Globex metals and natural gas futures and options markets on Wednesday after a brief halt due to technical issues. Earlier in the day, the CME Globex Metals and Natural Gas futures and options markets were halted at 12:15 p.m. CT due ...Reuters
an hour ago
Oil settles little changed, supply worries persist despite large US crude stock build
US-Iran talks could prevent conflict and supply disruption Deal with US hinges on diplomacy, Iranian minister saysU.S. crude stocks rise by 16 million barrels last week, EIA saysBy Arathy Somasekhar HOUSTON, Feb 25 (Reuters) - Oil prices settled largely unchanged on Wednesday as a much larger...Reuters
2 hours ago
US regulator says it has power to police prediction market misconduct
By Chris Prentice NEW YORK, Feb 25 (Reuters) - U.S. Commodity Futures Trading Commission (CFTC) on Wednesday said it has the power to police illegal trading practices in predictions markets, following a statement from a top firm that it had flagged two insider trading cases to the agency.The CFTC...Reuters
2 hours ago
GRAINS-Soybeans hit three-month high on China and biofuel demand hopes
US EPA to send biofuel blending proposal to White HouseTraders watch for fresh Chinese buying after holidaysCBOT wheat eases from 8-month top; weather threats recedeBy Tom Polansek CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade soybean futures set a three-month high on Wednesday, buoyed by op...Reuters
2 hours ago
French government survives two no-confidence votes on energy law
PARIS, Feb 25 (Reuters) - The French government survived two no-confidence motions in parliament on Wednesday that were brought after it adopted a new energy law by decree earlier in February, following years of disagreement in the National Assembly over the measure. The motion, filed by France'...Reuters
2 hours ago
US natgas prices rise on strong LNG export flows, higher demand forecast for next week
Near-record LNG export flows boost U.S. natural gas futuresWaha Hub prices negative for 14th consecutive day due to pipeline constraintsU.S. gas output rises in February, demand forecast higher than expected next weekBy Scott DiSavino NEW YORK, Feb 25 (Reuters) - U.S. natural gas futures climbed ...Reuters
2 hours ago
Louisiana utility regulator denies request for probe of Meta data center deal, law group says
Feb 25 (Reuters) - Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms META.O data center deal, the law group Earthjustice said on Wednesday. Earthjustice filed a motion last month with the Louisiana Public Service...Reuters
3 hours ago
Brazil 2026/27 coffee exports could hit record of close to 47 mln 60-kg, Hedgepoint says
SAO PAULO, Feb 25 (Reuters) - Brazilian coffee exports in the 2026/27 season could hit an all-time high of close to 47 million 60-kilogram bags, driven by greater supply of arabica beans due to a bumper crop, Hedgepoint Global Markets said in a report published on Wednesday. Brazil's total coffe...Reuters
3 hours ago
CBOT wheat declines on forecasts for beneficial US rains
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade wheat futures slumped on Wednesday on forecasts for beneficial rains in dry areas of the U.S. Plains, traders said.Rains will begin to reduce dryness in wheat-growing areas by late next week, while warm weather will activate growth for crops, Commod...Reuters
3 hours ago
Southern Co gets largest-ever US energy department loan
Loans to support gas, nuclear, batteries, power transmissionMore loans soon on coal, oil, gas, geothermalLoans to help Southern re-license six nuclear plantsBy Timothy Gardner WASHINGTON, Feb 25 (Reuters) - The U.S. Energy Department said on Wednesday it has offered a $26.54 billion loan to subsi...Reuters
3 hours ago
US CFTC says it has power to police prediction market misconduct
NEW YORK, Feb 25 (Reuters) - U.S. Commodity Futures Trading Commission (CFTC) on Wednesday said it has the power to police illegal trading practices in predictions markets, following a statement from a top firm that it had flagged two insider trading cases to the agency.The CFTC said it has the "...Reuters
3 hours ago
USDA selling its flagship South Building in Washington, relocating staff
Trump has moved to downside and reshape US governmentThousands of USDA employees have left the governmentBuilding is "shell of what it once was," USDA chief saysBy Karl Plume CHICAGO, Feb 25 (Reuters) - The U.S. Department of Agriculture is selling its flagship South Building office hub o...Reuters
3 hours ago
CBOT soybeans reach three-month high on hopes for Chinese demand
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade soybean futures set a three-month high on Wednesday on increased hopes for U.S. sales to China, analysts said.Traders initially feared that President Donald Trump's decision to introduce a global 10% tariff - and his pledge to increase that to 1...Reuters
3 hours ago
CBOT corn closes slightly higher, supported by US export demand
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade corn futures finished slightly higher on Wednesday as solid U.S. export demand continued to underpin the market, analysts said.Gains in the soy market helped lift corn futures, traders said.Taiwan's MFIG purchasing group bought about 65,000 metr...Reuters
3 hours ago
US says it will allow resale of Venezuelan oil to Cuba
Venezuela, Mexico have not recently sent oil cargoes to CubaTrading houses export, store millions of barrels of Venezuelan oilTransactions involving Cuban military, government institutions not coveredBy Marianna Parraga and Bhargav Acharya WASHINGTON, Feb 25 (Reuters) - The U.S. Treasury Departme...Reuters
3 hours ago
French government survives first of two no-confidence votes on energy law
PARIS, Feb 25 (Reuters) - The French government survived the first of two no-confidence motions in parliament on Wednesday filed following its decision to adapt through decree a new energy law, without giving the National Assembly the final say.The motion, filed by France's far-right National Ra...Reuters
4 hours ago
Shell ready for bigger backstop of Brazil sugar-ethanol JV Raizen, sources say
By Luciana Magalhaes, Oliver Griffin and Sabrina ValleSAO PAULO, Feb 25 (Reuters) - Oil major Shell SHEL.L, the healthier joint-venture partner in Brazilian sugar and ethanol producer Raizen, is ready to pour more resources into a recapitalization of the distressed company, three people familiar wit...Reuters
4 hours ago
