Chicago soybeans firmed on Thursday, with the market trading close to last session's two-month high, as strong Chinese demand and Brazilian planting delays supported prices.
(RTTNews) - Reflecting the mixed cues from Wall Street overnight, Asian stock markets are also trading mixed on Thursday, as traders reacted to Chinese data showing producer prices declined for the 13th straight month and consumer prices were down more than expected in October. E
Global energy trader Gunvor is exiting fuel oil storage at the Oiltanking Seraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space, several market sources told Reuters.
U.S.-based Excelerate Energy Inc said on Wednesday it had signed a long-term sales and purchase agreement to supply Bangladesh's state-owned company Petrobangla with liquefied natural gas (LNG) for 15 years beginning in January 2026.
Taiwan central bank governor Yang Chin-long said on Thursday that the large trade surplus with the United States is "not without a solution" but that it needs time, and the bank is concentrating on slowing the Taiwan dollar's depreciation.
Chevron Australia's Gorgon gas facility has experienced an "electrical incident" affecting one liquefied natural gas (LNG) production train, said a company spokesperson on Thursday.
Natural gas distributor Atmos Energy reported a rise in fourth-quarter profit on Wednesday, helped by higher prices and customer growth in its distribution unit, and forecast higher earnings in 2024.
Japan's Mizuho Financial Group aims to increase its stake in online brokerage Rakuten Securities to nearly 50% with an expected investment amount of 90 billion yen ($596.38 million), the Nikkei business daily reported on Thursday.
Meg Lanning, who captained Australia's women's cricket team to five World Cup triumphs, has retired from the international game after representing her country for 13 years.
Software services provider Bill Holdings is in advanced talks to acquire Melio Payments, a provider of digital payment tools, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
Democratic Republic of Congo Deputy Prime Minister Vital Kamerhe on Wednesday said he supported Congolese journalist Stanis Bujakera, who has been detained in Kinshasa, but could not speak about the judicial process currently under way.
The U.S. Department of Agriculture on Thursday is expected to confirm disappointing yields for the 2023 U.S. corn and soybean harvests, but that may be OK if the freshly printed 2024 outlooks are any indication.
Live cattle futures were off their highs for the midweek close, but still up by $0.62 to $1.05. Dec contracts sit at a net weekly $4.47 loss through Wednesday. Front month feeder cattle were also boosted on Wednesday, finishing the session up by $1.57 to $2.32 across the nearbys. Jan...
The help of an export sale announcement kept corn futures 4 ½ to 7 ½ cents higher on Wednesday. Dec prices were 4 ½ cents off their high for the finish. Dec ’24 prices remain at a 38 cent premium (carry) to spot Dec. USDA reported 270k MT of corn...
The lean hog futures cooled off on Wednesday, flipping the front months to net lower for the week’s move so far. The front months closed 62 cents to $1.40 lower, leaving Dec a net 25 cents below last Friday’s settle. USDA reported the National Average Base Hog price at $68.27...
Reports of a shipping vessel was struck by a missile in the black sea sparked wheat future buying. It was not confirmed whether the vessel was set to load Ukrainian grain, just that it was struck upon entering port near Odessa. At the close, Chicago wheat was up by 19...
Beans rallied overnight and followed through for most of the morning. Afternoon pressure, however, pulled the market back to finish the day within 4 cents of UNCH. Soymeal futures also faltered through the day session, but held on to close mostly higher. Soybean Oil futures also reversed course through the...
The cotton market continues to trade weaker through Wednesday, with the Dec contract’s 159 point drop amounting to 15 cents from the Sep 1 high. Crude Oil futures also remain under pressure, with today’s $2/bbl loss amounting to a net $19.70 drop from the 9/28 high. The ERS’s Baseline Projections...