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Soybeans, Corn Slump as USDA Projects record Combined U.S. Acreage

U.S. corn and soybean futures retreated on Thursday after the Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record.

FILE PHOTO: U.S. President Joe Biden speaks at the Pentagon in Arlington, Virginia, U.S., February 10, 2021. Alex Brandon/Pool via REUTERS/File Photo
Presidents Biden and Xi Hold First Phone Call Amid Tense U.S.-China Relations

U.S. President Joe Biden and his Chinese counterpart Xi Jinping held their first telephone call as leaders.

CME Group
CME Quarterly Profit Falls as Pandemic Saps Demand for Rate Futures

CME Group on Wednesday reported quarterly earnings that beat Wall Street expectations, but revenue declined as the COVID-19 pandemic and its economic fallout hurt demand for some of its top products.

FILE PHOTO: Michael Regan testifies before a Senate Environment and Public Works Committee hearing on his nomination to be administrator of the Environmental Protection Agency (EPA), on Capitol Hill in Washington, U.S., February 3, 2021. REUTERS/Brandon Bell/Pool/File Photo
Biden's EPA Pick to Review Options for Biofuel Blending Law Beyond 2022

President Joe Biden's pick to lead the EPA said he will confer with legal and policy teams to understand the options available for setting mandates to blend biofuels into the nation's fuel mix beyond 2022.?

Michael Regan testifies before a Senate Environment and Public Works Committee hearing on his nomination to be Administrator of the Environmental Protection Agency (EPA), on Capitol Hill in Washington, U.S., February 3, 2021. REUTERS/Brandon Bell/Pool
Biden's EPA Pick to Review Options on Biofuel Waiver Program

U.S. President Joe Biden's pick to lead the EPA said on Wednesday he will consult with general counsel to understand the options available for a program that exempts small refiners from biofuel blending obligations.

FILE PHOTO: U.S. President Joe Biden delivers remarks on tackling climate change prior to signing executive actions in the State Dining Room at the White House in Washington, U.S., January 27, 2021. REUTERS/Kevin Lamarque
Exclusive: U.S. Oil Industry seeks Unusual Alliance with Farm Belt to Fight Biden Electric Vehicle Agenda

The U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden administration's push for electric vehicles.

Six Killed in Liquid Nitrogen Leak at Georgia Poultry Plant

A liquid nitrogen leak at a northeastern Georgia poultry plant ?killed at least six people and led to the hospitalization of at least 10 others.

U.S. President Joe Biden signs executive order as Vice President Kamala Harris and White House science adviser Eric Lander standby in the State Dining Room at the White House in Washington, U.S., January 27, 2021. REUTERS/Kevin Lamarque
Biden Signs Climate Order, Calls for End to Oil and Gas Subsidies

President Joe Biden on Wednesday signed a raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies.

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