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US sued by food stamp recipients over restrictions on sugary drinks, candy
Restrictions allegedly destabilize food accessAgriculture, Health secretaries back restrictionsAgriculture Department declines to commentBy Jonathan Stempel March 11 (Reuters) - Food stamp recipients sued the U.S. Department of Agriculture on Wednesday to undo Trump administration efforts to prev...Reuters
18 minutes ago
WRAPUP 11-Iran tells world to get ready for oil at $200 a barrel as it fires on merchant ships
Three ships hit in the GulfUS network says FBI warns of potential drone strikes against USTrump says not worried that Iran might launch strikes IEA proposes biggest-ever release of strategic oil reservesBy Parisa Hafezi and Alexander Cornwell DUBAI/TEL AVIV, March 11 (Reuters) - Iran said the wor...Reuters
21 minutes ago
Argentina grains exchange holds soy, corn forecasts after February rains
BUENOS AIRES, March 11 (Reuters) - Argentina's Rosario grains exchange (BCR) on Wednesday maintained its soybean and corn production forecasts after widespread February rains helped stabilize crop conditions across key growing regions. The monthly crop report kept its 2025/26 soybean forecas...Reuters
24 minutes ago
CIF/FOB Gulf Grain-Spot basis bids for soybeans stay largely flat
CHICAGO, March 11 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were largely flat on Wednesday as traders continued to watch for demand from top importer China.Traders have been looking for potential sales to China ahead of a summit planned between U.S. Presi...Reuters
30 minutes ago
FACTBOX-Tech companies tap debt markets to fund AI and cloud expansion
March 11 (Reuters) - The world's largest technology companies are tapping debt markets, as they seek to bolster their artificial intelligence infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments.Big Tech is expected to splurge more than...Reuters
33 minutes ago
Canada's Wesdome Gold Mines Q4 revenue surges, net income doubles on higher prices
OverviewCanada gold miner's Q4 revenue rose 58% yr/yr, net income more than doubledQ4 gold production fell 6% yr/yr, while costs per ounce increasedCompany repurchased and cancelled 706,100 shares for about C$14 mln in Q4OutlookWesdome expects 2026 gold production of 180,000-205,000 ounces, up 4...Reuters
41 minutes ago
Iranian oil flows through Strait of Hormuz even as Gulf neighbors' exports shut
Iran exported 13.7 million bbls of crude since attacks, tanker tracker saysTrump's White House has not responded to request for commentMany big crude tankers still loading at major Iranian port, satellite images showBy Shariq Khan, Jonathan Saul and Arathy Somasekhar NEW YORK/LONDON/HOUSTON, ...Reuters
42 minutes ago
Two foreign tankers carrying Iraqi fuel oil ablaze after attack in territorial waters, Iraqi ports official says
BASRA, March 11 (Reuters) - Two foreign tankers carrying Iraqi fuel oil were subjected to unidentified attacks inside territorial waters, causing them to catch fire, Iraq's director general of the General Company for Ports Farhan al-Fartousi told Reuters on Wednesday. Iraq evacuated the 25 crew ...Reuters
an hour ago
FACTBOX-How have US presidents tapped strategic petroleum reserves during war?
WASHINGTON, March 11 (Reuters) - President Donald Trump said on Wednesday the U.S. would contribute "a little bit" to the International Energy Agency's (IEA) plan to release a record 400 million barrels of oil in various countries' reserves to try to control prices that have jumped d...Reuters
an hour ago
LIVESTOCK-Chicago cattle futures drop, lean hogs follow as oil prices spark economic worries
By P.J. Huffstutter CHICAGO, March 11 (Reuters) - Chicago Mercantile Exchange live cattle futures fell on Wednesday, as rising crude oil prices reignited broader economic worries and fueled concerns about consumer spending on beef, market analysts said. Feeder cattle dropped sharply, with the mos...Reuters
an hour ago
Canada oil producers say little can be done to boost oil production in the short term
Canada could delay oil sands maintenance to boost outputIEA releases 400 million barrels to stabilize pricesAnalyst doubts Canada's short-term impact on global supplyBy Amanda StephensonCALGARY, March 11 (Reuters) - Canada's oil industry said on Wednesday there is little it can do to increas...Reuters
an hour ago
CANADA-CRUDE-Discount on Western Canada Select widens
March 11 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Wednesday as the International Energy Agency proposed a record release of oil reserves to try to rein in energy prices.WCS for April delivery in Hardisty, ...Reuters
2 hours ago
Trump says IEA oil reserve release will substantially cut prices
March 11 (Reuters) - U.S. President Donald Trump said on Wednesday a decision by the International Energy Agency to release oil from strategic reserves would substantially reduce oil prices."I'm pleased to report that earlier today the International Energy Agency agreed to coordinate the rel...Reuters
2 hours ago
IEA tackles Iran war oil price spikes with record stocks release plan, markets not convinced
IEA agrees to release record 400 million barrels of oilTrump says US to reduce US oil reserve 'a little bit'Oil prices rise 5%By America Hernandez and Alex Lawler PARIS/LONDON, March 11 (Reuters) - The International Energy Agency on Wednesday agreed to release 400 million barrels of o...Reuters
2 hours ago
Oil-Dri Corp Q2 revenue rises 1% to record high, profit slips
OverviewU.S. sorbent products maker's fiscal Q2 revenue rose 1% yr/yr to record highNet income for Q2 declined 3% Severe winter storm disrupted operations, delaying shipments and shifting revenue to next quarterOutlookCompany anticipates surpassing last yr's annual net income if current tren...Reuters
2 hours ago
Trump says will reduce strategic petroleum reserve a little, according to local media interview
WASHINGTON, March 11 (Reuters) - U.S. President Donald Trump on Wednesday said that Washington will "reduce it a little bit" when asked whether he was looking at the threshold for the Strategic Petroleum Reserve in an interview with Cincinnati's Local 12.Reuters
3 hours ago
Chubb to serve as lead US insurer for Gulf shipping amid Iran war
March 11 (Reuters) - Insurance giant Chubb CB.BN will be the lead partner on the U.S. International Development Finance Corporation's $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday.The U.S.-Israeli conflict with Iran has wide...Reuters
3 hours ago
Pain at the pumps will ease in a month or two, billionaire Catsimatidis says
Fuel prices surge due to Israel-US conflict with IranCatsimatidis calls for more US oil refining investmentBy Shariq Khan NEW YORK, March 11 (Reuters) - Consumers will get relief from the rapid increases in fuel prices at the pumps in a month or two, John Catsimatidis, the billionaire owner of a ...Reuters
3 hours ago
Oil settles up nearly 5% as supply fears mount despite record stocks release plan
Three more vessels hit in Strait of HormuzFourteen ships struck since Iran war beganIEA proposes release of 400 million barrels of oilAnalysts call release insufficient to ease supply woesUS crude stocks up more than expected; fuel stocks dropBy Shariq Khan NEW YORK, March 11 (Reuters) - Oil pric...Reuters
3 hours ago
US Plains HRW Wheat-Basis bids flat as farmers sell
CHICAGO, March 11 (Reuters) - Basis bids for hard red winter were unchanged in the U.S. Plains on Wednesday, with dealers noting an influx of farmers forward contracting wheat.Producers have taken advantage of a recent price rally to sell their crop.Wheat has gained support from the escalating U.S.-...Reuters
3 hours ago
