News
Important Only
GRAINS-US wheat climbs to one-year peak as US-Iran tensions spook funds
Risk of Iran conflict spurs short coveringSoybeans still supported by demand expectationsWheat hits 1-year high, corn at 7-week topBy Karl Plume CHICAGO, Feb 27 (Reuters) - U.S. wheat futures rallied to a one-year high on Friday as worries about a U.S.-Iran military conflict sparked short coverin...Reuters
15 minutes ago
LIVESTOCK-CME cattle futures dive on poor packer margins, lower cash prices
By Karl Plume CHICAGO, Feb 27 (Reuters) - Chicago Mercantile Exchange cattle futures tumbled for a second straight session on Friday as deeply negative beef packer margins and lower cash cattle prices weighed on the market, analysts said.A looming strike at a large beef plant in Greeley, Colorado...Reuters
17 minutes ago
US says research funding into new farm practices to surpass $1 billion
Feb 27 (Reuters) - The United States will invest an additional $200 million in research into new and sustainable farm practices, bringing the total to more than $1 billion, the government said on Friday.The administration is pushing efforts to reduce the use of pesticides by finding alternatives.The...Reuters
20 minutes ago
Oil prices rise more than 2% as US and Iran extend talks
US-Iran talks end with no deal but signs of progressTechnical discussions scheduled for Vienna next week Brent and WTI benchmarks trade at multi-month highs UAE, Saudi to increase output in April, sources say By Erwin Seba HOUSTON, Feb 27 (Reuters) - Oil prices rose about 2% on Friday with trader...Reuters
20 minutes ago
CBOT soybeans reach 20-month high on demand optimism, rising soyoil
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade soybean futures scaled to a 20-month high on Friday on expectations for improving demand from biofuel makers and hopes for import purchases by China, analysts said.Soybean drew support from rising soyoil prices. Soyoil futures posted life-of-contrac...Reuters
35 minutes ago
US natgas futures edge up on higher global energy prices, near-record LNG exports
Gas futures rise despite warmer weather forecastsTexas Waha Hub prices negative for 16th consecutive dayLNG export flows near record levels in FebruaryBy Scott DiSavino NEW YORK, Feb 27 (Reuters) - U.S. natural gas futures edged up on Friday on near-record liquefied natural gas export flows a...Reuters
53 minutes ago
CBOT corn rises to 7-week peak on technical buying, higher wheat
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade corn futures rose for a third straight session on Friday as short covering, technical buying and spillover support from higher wheat lifted the market to a seven-week peak, analysts said.Nearby corn prices remained well supported by strong export de...Reuters
an hour ago
US says research funding into new farm practices to surpass $1 billion
Feb 27 (Reuters) - The United States will invest over $1 billion in research into new and sustainable farm practices, following an additional $200 million in funding, the Environmental Protection Agency as well as the departments of Agriculture and Health and Human Services said in a joint statement...Reuters
an hour ago
CBOT wheat rallies to 1-year high as US-Iran tensions ignite short covering
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade wheat futures jumped to a one-year peak on Friday as concerns about U.S.-Iran tensions triggered short covering by funds that held a large net short position in the market, traders said.Technical buying accelerated gains as futures topped multi-mont...Reuters
an hour ago
Chile denies onboard care by Chinese medical ship as US pressure mounts
Chile denies Chinese ship medical services due to lack of local authorizationUS pressures Chile over ties with China amid undersea cable project concernsUS restricts visas for Chilean officials over telecom-infrastructure concernsSANTIAGO, Chile, Feb 27 (Reuters) - Chile denied permission for a Chin...Reuters
2 hours ago
US oil output fell in December to lowest since June 2025, EIA says
NEW YORK, Feb 27 (Reuters) - U.S. oil production fell for the second consecutive month in December to its lowest level since June last year, while demand reached a multi-month high, the Energy Information Administration said on Friday.Crude oil output averaged 13.66 million barrels per day in Decemb...Reuters
2 hours ago
Panama officials search CK Hutchison's local office as tensions rise
Panama raids CK Hutchison unit amid US-China trade tensionsCompany says raid undermines due process, legal security for investorsPanama's President Mulino downplays potential Chinese responseMulino says 'China needs Panama - a lot' Top court ruled CK Hutchison's port contracts uncons...Reuters
2 hours ago
IAEA: local ceasefire will help restore power backup to Ukraine's Zaporizhzhia nuclear plant
Feb 27 (Reuters) - The International Atomic Energy Agency on Friday said it has negotiated a temporary local ceasefire between Ukraine and Russia, allowing restoration for a backup power supply to Ukraine's Zaporizhzhia nuclear power plant (ZNPP)."The fifth local ceasefire negotiated by the ...Reuters
2 hours ago
US seeks ownership of oil tanker and 1.8 million barrels of Venezuelan crude
US seeks to take Skipper and its oil without compensationUS seized Skipper tanker near Venezuela in DecemberTanker one of 10 seized by US with at least two returnedBy Daphne Psaledakis and Timothy Gardner WASHINGTON, Feb 27 (Reuters) - The U.S. is seeking to take ownership of Motor Tanker Skipper...Reuters
2 hours ago
PRECIOUS-Gold nears one-month high, set for seventh straight monthly rise
Gold set for a monthly gain of more than 7%China's January gold imports via Hong Kong rose 69% MoMUS producer prices increase more than expected in JanuarySilver, platinum, palladium also set for monthly rise By Anmol Choubey Feb 27 (Reuters) - Gold rose to near a one-month high on Friday and...Reuters
3 hours ago
Slovak PM Fico says Ukraine has no interest in resuming oil transit through Druzhba
Druzhba pipeline carrying Russian crude out since January 27Fico speaks with Zelenskiy Hungary and Slovakia accuse Ukraine of delaying resumptionKyiv says it is working as fast as it can on repairs By Anita Komuves and Jason Hovet BUDAPEST, Feb 27 (Reuters) - Slovakian Prime Minister Robert F...Reuters
3 hours ago
Cheniere gets $370 million 'alternative fuel' tax break from Trump's IRS
By Timothy Gardner WASHINGTON, Feb 27 (Reuters) - Cheniere Energy Inc LNG.N disclosed this week that it got a $370 million tax break from the Trump administration for burning liquefied natural gas in its massive tankers, a credit critics said was meant for far smaller boats. The company said on T...Reuters
3 hours ago
EU wheat breaks above 200 euros on Iran conflict fears
PARIS, Feb 27 (Reuters) - Benchmark wheat futures prices on Euronext climbed on Friday above the psychological 200 euro mark for the first time since November as investor worries about the potential for U.S.-Iran conflict spurred short-covering before the weekend.Demand from importers this week, inc...Reuters
3 hours ago
US drillers cut oil and gas rigs for first time in six weeks, says Baker Hughes
By Scott DiSavino NEW YORK, Feb 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of f...Reuters
3 hours ago
GRAINS-US wheat climbs to one-year peak as US-Iran tensions spook funds
Risk of Iran conflict spurs short coveringSoybeans still supported by demand expectationsWheat hits 1-year high, corn at 7-week topBy Karl Plume CHICAGO, Feb 27 (Reuters) - U.S. wheat futures rallied to a one-year high on Friday as worries about a U.S.-Iran military conflict sparked short coverin...Reuters
3 hours ago
