New York Mercantile Exchange oil futures and Brent crude traded on the Intercontinental Exchange settled Tuesday's session with solid gains propelled by reports suggesting OPEC and allied producers are planning to reduce their collective crude production by 1 million bpd in...
World & Policy
The proposed rule released by USDA on Monday is called the "Inclusive Competition and Market Integrity Under the Packers and Stockyards Act." The notice defining and spelling out the rule is 180 pages long.
After a two-session sell-off triggered by concerns over global recession, Brent crude and West Texas Intermediate futures advanced early Tuesday.
ULSD futures and the U.S. and international crude benchmarks on the New York Mercantile Exchange and Intercontinental Exchange settled Monday's session with steep losses while the RBOB contract ended flat.
U.S. District Judge Maryellen Noreika in Delaware on Friday ruled that privately held U.S. Sugar Corp. can move ahead with its acquisition of Imperial Sugar Co. from Louis Dreyfus Co. The Department of Justice sued last year to block the...
New York Mercantile Exchange oil futures and Brent traded on the Intercontinental Exchange accelerated a selloff in afternoon trade Friday, with both crude benchmarks finishing a volatile week at their lowest points since early January.
The Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act of 2022 introduced by four senators would increase MAP mandatory funding to $400 million annually and would increase FMD mandatory...
What DTN Is Watching
A report on U.S. durable goods orders in August will be out at 7:30 a.m. CDT Tuesday, followed by August new home sales and the Conference Board's index of U.S. consumer confidence for September at 9 a.m. Several Fed officials are also scheduled to speak throughout the day and will likely get attention. Traders will keep an eye on the latest weather forecasts and news from Ukraine, but are most jumpy about Fed policy and prospects for higher interest rates ahead.Weather
A shot of colder air is settling into the Midwest on Tuesday. Some limited frosts are noted around northern Minnesota into northern Wisconsin, but most areas are remaining on the warm side of freezing. Some showers are still hanging around the Great Lakes. Otherwise, dry conditions continue across most of the country, favoring the continued harvest. Bands of heavy rain from Hurricane Ian are pounding southern Florida as the storm crosses Cuba into the Gulf of Mexico and the state is bracing for its landfall Wednesday night or early Thursday.
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