Latest news with #Vaisala
Yahoo
4 days ago
- Business
- Yahoo
Smaller-Than-Expected Build in EIA Inventories Lifts Nat-Gas Prices
August Nymex natural gas (NGQ25) on Thursday closed up sharply by +0.123 (+3.83%). Aug nat-gas prices on Thursday settled sharply higher due to a smaller-than-expected build in weekly inventories. The EIA reported that nat-gas inventories rose by +53 bcf in the week ended July 4, below expectations of +61 bcf. Forecasts for hotter temperatures in the West also gave nat-gas prices a boost after forecaster Vaisala said above-normal temperatures are expected to persist in the West July 20-24. The Golden Rule of Grains: Why "Imaginary Fundamentals" Are Crushing Corn & Soybeans Nat-Gas Prices Tumble on Cooler US Temps and Building Inventories Crude Oil Gains on Energy Demand Optimism Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! On Wednesday, nat-gas prices tumbled to a 6-week low due to cooler US weather forecasts after Vaisala said that forecasts shifted cooler in the Midwest for July 14-18 and weather outlooks shifted cooler for the eastern half of the US for July 19-23. The cooler temperatures should reduce nat-gas demand from electricity providers to power air conditioning. Lower-48 state dry gas production on Thursday was 106.3 bcf/day (+4.1% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 76.8 bcf/day (-8.7% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 15.5 bcf/day (+4.0% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 5 rose +1.0% y/y to 93,747 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 5 rose +2.4% y/y to 4,247,938 GWh. Thursday's weekly EIA report was bullish for nat-gas prices since nat-gas inventories for the week ended July 4 rose +53 bcf, below the consensus of +61 bcf and right on the 5-year average for the week. As of July 4, nat-gas inventories were down -6.0% y/y, but were +6.1% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 8, gas storage in Europe was 61% full, compared to the 5-year seasonal average of 71% full for this time of year. Baker Hughes reported last Thursday that the number of active US nat-gas drilling rigs in the week ending July 4 fell by -1 to 108 rigs, slightly below the 15-month high of 114 rigs posted on June 6. In the past nine months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
6 days ago
- Business
- Business Recorder
Corn, soybeans fall on US weather; wheat slips for fifth session
SINGAPORE: Chicago corn futures slid on Thursday, falling for three out of four sessions, while soybeans lost more ground as forecasts of crop-friendly weather in the US Midwest boosted prospects for both crops. Wheat slid for a fifth consecutive session on harvest pressure. 'For corn, we have bearish weather, which (is) limiting any upside we (have) seen in prices,' said one agricultural broker. 'Wheat is also under supply pressure, given the harvest progress.' The most-active corn contract on the Chicago Board of Trade (CBOT) fell 0.5% to $4.13-1/4 a bushel, as of 0159 GMT, and soybeans slid 0.1% to $10.06-3/4 a bushel. Wheat was down 0.9% at $5.42-1/4 a bushel. Favourable US crop weather continues to hang over grain futures, fuelling expectations for sizable corn and soybean harvests this autumn. The next 15 days will likely be the most critical period of development for the corn crop, and near-normal temperatures are expected in most areas of the Midwest, weather firm Vaisala said. For wheat, the ongoing harvest across key exporters in the Northern Hemisphere continues to pressure prices. Chicago soybeans hover near 11-week low despite modest rebound Grain traders remain worried that US tariff disputes with key trading partners may hurt demand for US crops and exacerbate a glut in supply. The US Department of Agriculture is slated to update monthly estimates for global grain supplies and demand on Friday. Commodity funds were net sellers of CBOT soybean, soyoil and wheat futures contracts on Wednesday, traders said. Funds were net buyers of corn futures and net even in soymeal, they said.
Zawya
08-07-2025
- Business
- Zawya
Corn falls for second session, near one-week low on US crop outlook
SINGAPORE - Chicago corn futures lost more ground on Tuesday, dropping to their lowest in almost a week as improved U.S. crop ratings and expectations of more beneficial weather pressured prices. Wheat fell, while soybeans were largely unchanged. "U.S. corn crop is in good shape as the weather has been pretty favourable," said one agricultural broker. "Expectations of bumper production from the U.S. are going to keep pressure on prices." The most-active corn contract on the Chicago Board of Trade (CBOT) fell 0.2% to $4.20 a bushel as of 0252 GMT, have dropped to its lowest since July 2 at $4.19 a bushel. Soybeans added 0.2% to $10.23 a bushel and wheat slid 0.5% to $5.46 a bushel. The U.S. Department of Agriculture (USDA) said after trading ended that 74% of the nation's corn crop was in good or excellent condition, up one percentage point from a week earlier. Rains have benefited the U.S. Plains and western Midwest, and boosted soil moisture in Iowa, according to weather firm Vaisala. Temperatures will be near normal in most areas this week, the firm said, favouring the corn crop during the critical pollination period of development. Farmers in Brazil's center-south had harvested 28% of their 2025 second corn crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up 10 percentage points from the previous week but well below the 63% reported a year earlier. Large speculators increased their net short position in CBOT corn futures in the week to July 1, regulatory data released on Monday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, trimmed their net short position in CBOT wheat and increased their net short position in soybeans.
Business Upturn
07-07-2025
- Business
- Business Upturn
Vaisala's Half Year Financial Report January–June 2025 to be published on July 25, 2025
By GlobeNewswire Published on July 7, 2025, 15:00 IST Vaisala CorporationPress release July 7, 2025, at 1:00 p.m. (EEST) Vaisala's Half Year Financial Report January–June 2025 to be published on July 25, 2025 Vaisala Corporation will publish its Half Year Financial Report January–June 2025 on Friday, July 25, 2025, at about 9:00 a.m. (Finnish time). The report will be available at The President and CEO's presentation will be published by 1:00 p.m. on the same day at Audiocast and teleconference An audiocast and a conference call for analysts, investors, and media will be held in English on the same day, starting at 1:00 p.m. (Finnish time). You can participate in the live audiocast via the following link: Questions may be presented by participating in the teleconference. You can access the teleconference by registering at the link below. After registration, you will receive an email with the dial-in numbers and a conference ID. A recording will be available at later the same day. More informationNiina Ala-Luopa +358 400 728 957, [email protected] DistributionKey media Vaisala is a global leader in measurement instruments and intelligence for climate action. We equip our customers with devices and data to improve resource efficiency, drive energy transition, and care for the safety and well-being of people and societies worldwide. With almost 90 years of innovation and expertise, we employ a team of close to 2,500 experts committed to taking every measure for the planet. Vaisala series A shares are listed on the Nasdaq Helsinki stock exchange. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
07-07-2025
- Business
- Yahoo
Vaisala's Half Year Financial Report January–June 2025 to be published on July 25, 2025
Vaisala CorporationPress releaseJuly 7, 2025, at 1:00 p.m. (EEST) Vaisala's Half Year Financial Report January–June 2025 to be published on July 25, 2025 Vaisala Corporation will publish its Half Year Financial Report January–June 2025 on Friday, July 25, 2025, at about 9:00 a.m. (Finnish time). The report will be available at The President and CEO's presentation will be published by 1:00 p.m. on the same day at Audiocast and teleconference An audiocast and a conference call for analysts, investors, and media will be held in English on the same day, starting at 1:00 p.m. (Finnish time). You can participate in the live audiocast via the following link: Questions may be presented by participating in the teleconference. You can access the teleconference by registering at the link below. After registration, you will receive an email with the dial-in numbers and a conference ID. A recording will be available at later the same informationNiina Ala-Luopa+358 400 728 957, ir@ DistributionKey is a global leader in measurement instruments and intelligence for climate action. We equip our customers with devices and data to improve resource efficiency, drive energy transition, and care for the safety and well-being of people and societies worldwide. With almost 90 years of innovation and expertise, we employ a team of close to 2,500 experts committed to taking every measure for the planet. Vaisala series A shares are listed on the Nasdaq Helsinki stock exchange.
