Commodities News (3rd Party)

U.S. lawmakers skeptical of promises to shield farmers from trade dispute

OVERLAND PARK, Kan. (Reuters) – U.S. lawmakers and the farm industry were skeptical of the Trump administration’s promise to shield farmers from the rapidly escalating trade dispute between the United States and China, concerned about the lack of details in protecting the U.S. agricultural export sector now embroiled in the back-and-forth.

Stocks rise on tame inflation outlook, dollar eases

NEW YORK (Reuters) – World equity markets advanced broadly on Wednesday after U.S. data again showed risk-friendly low inflation, which weakened the dollar, while Boeing shares gained even as the United States said it would ground the company’s 737 MAX aircraft.

Trump to put biofuel reform push on ice, for now: sources

NEW YORK (Reuters) – The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter – a decision one of the sources said was meant to shield farmers worried about a potential trade war with China.

Stocks gain on trade, Brexit optimism, dollar slides

NEW YORK (Reuters) – A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.