News
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CBOT soybeans gain on year-end positioning, Argentina weather concerns
CHICAGO, Dec 30 (Reuters) - Chicago Board of Trade soybean futures closed higher after a choppy trading session on Monday on year-end short covering and concerns about dry weather in Argentina, one of the world's leading soybean suppliers, according to analysts. CBOT March soybeans SH25 settled up 2...Reuters
Mon, Dec 30
CBOT wheat ends firmer on positioning, Russian weather
CHICAGO, Dec 30 (Reuters) - Chicago Board of Trade wheat futures closed higher on Monday as traders squared positions ahead of the New Year and concerns built about weather in wheat-growing areas of Russia.CBOT March soft red winter wheat WH25 settled up 1-3/4 cents at $5.48-1/4 per bushel. K.C. Mar...Reuters
Mon, Dec 30
CBOT corn turns lower after hitting new 6-month high
CHICAGO, Dec 30 (Reuters) - Chicago Board of Trade corn futures weakened after a round of short-covering earlier in the session but the market was underpinned by concerns over weather conditions in Argentina. CBOT March corn CH25 settled down 1-3/4 cents at $4.52-1/4 per bushel, having hit its highe...Reuters
Mon, Dec 30
UPDATE 7-Oil rises on diesel demand boost in sparse holiday trade
Cold weather forecasts to lift natural gas, diesel demandUS diesel near two-month high, natgas at highest since Jan 2023US crude oil stockpiles fell last week - Reuters pollInvestors await release of China, US economic dataUpdates with closing prices, adds Reuters poll on US crude stockpilesBy Shari...Reuters
Mon, Dec 30
CME Group closes agricultural, equity and interest rate markets early on Jan 9
CHICAGO, Dec 30 (Reuters) - CME Group said on Monday that it will close its agricultural, equity and interest rate markets early on Jan. 9 in honor of the National Day of Mourning and the funeral of former U.S. President Jimmy Carter.In a statement on its website, the world's leading derivatives mar...Reuters
Mon, Dec 30
UPDATE 2-US natgas prices leap 16% on cold forecasts, rising LNG feedgas
Updates for market close Dec 30 (Reuters) - U.S. natural gas futures jumped more than 16% on Monday, the sharpest daily increase since late October, driven by forecasts of colder weather in January and rising export demand.On its first day as the front-month, gas futures NGc1 for February deliver...Reuters
Mon, Dec 30
Retired US Supreme Court Justice Breyer to sit with appeals court in January
By Nate Raymond Dec 30 (Reuters) - Retired liberal U.S. Supreme Court Justice Stephen Breyer plans to kick off 2025 by doing something he has not done in over two years: hear cases, this time as a visiting judge on the federal appeals court in Boston.The Boston-based 1st Circuit Court of Appeals ...Reuters
Mon, Dec 30
PRECIOUS-Gold prices dip as markets await fresh catalysts
Gold has gained nearly 27% this yearUS jobs data, December Fed meeting minutes due next weekPlatinum hit over three-month low on FridayUpdates for market closeBy Sherin Elizabeth Varghese Dec 30 (Reuters) - Gold prices dipped in thin trade on Monday as traders awaited fresh catalysts, including n...Reuters
Mon, Dec 30
US Cash Grains-Corn basis flat; some soy bids roll to March futures
CHICAGO, Dec 30 (Reuters) - Spot basis bids for corn and soybeans held steady at U.S. Midwest grain elevators and processing sites on Monday in thin trade between the Christmas and New Year's holidays, spot checks showed.* Some locations have rolled their soybean basis to the Chicago Board of Trade ...Reuters
Mon, Dec 30
UPDATE 6-Oil rises on diesel demand boost in sparse holiday trade
Cold weather forecasts to lift natural gas, diesel demandUS diesel near two-month high, natural gas at highest since January 2023Investors await release of China, US economic dataUpdates with US afternoon tradingBy Shariq Khan NEW YORK, Dec 30 (Reuters) - Oil prices edged higher on Monday in thin...Reuters
Mon, Dec 30
Europe Gasoline/Naphtha-Gasoline margins fall on expectations of US stocks build
LONDON, Dec 30 (Reuters) - Northwest European gasoline refining profit margins fell by about 66 cents on Monday to $6.04, as analyst forecasts suggested a rise in U.S. gasoline stocks last week.About 4,000 metric tons of Eurobob E5 barges traded. Shell sold to Trafigura. A further 4,000 tons of Euro...Reuters
Mon, Dec 30
BRIEF-EPNG Declares Force Majeure At Lordsburg Compressor Station, New Mexico
Dec 30 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES INITIAL FORCE MAJEURE AT LORDSBURG, COMPRESSOR STATION UNIT #1 LOCATED IN HIDALGO COUNTY, NEW MEXICO EFFECTIVE ON DECEMBER 31 ((Reuters.Briefs@thomsonreuters.com))Reuters
Mon, Dec 30
UPDATE 1-US natgas prices leap 17% on cold forecasts, rising LNG feedgas
Updates prices and comparisons, adds analyst comment in paragraphs 4-5 Dec 30 (Reuters) - U.S. natural gas futures jumped more than 17% on Monday, the sharpest daily increase since late October, driven by forecasts of colder weather in January and rising export demand.On its first day as the fron...Reuters
Mon, Dec 30
GRAINS-Corn falls on profit-taking after reaching 6-month high
Corn, soy and wheat trade both sides with year-end positioningWheat prices underpinned by Russian weather concernsCorn and soy supported by hot, dry weather in ArgentinaUpdates with US market openBy Renee Hickman CHICAGO, Dec 30 (Reuters) - Chicago Board of Trade corn futures turned lower on prof...Reuters
Mon, Dec 30
UPDATE 1-U.S. nuclear power plant outages
Adds outages tableDec 30 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...Reuters
Mon, Dec 30
PRECIOUS-Gold prices dip as markets await fresh catalysts
Gold has gained nearly 27% this yearUS jobs data, December Fed meeting minutes due next weekPlatinum hit over three-month low on FridayUpdates with US midday tradingBy Sherin Elizabeth Varghese Dec 30 (Reuters) - Gold prices dipped in thin trade on Monday as traders awaited fresh catalysts, inclu...Reuters
Mon, Dec 30
EU wheat rises on euro weakness, Chicago highs
PARIS, Dec 30 (Reuters) - European wheat futures rose on Monday in light year-end trade, supported by renewed weakness in the euro and earlier gains for Chicago grains, dealers said.Benchmark March milling wheat BL2H5 on Paris-based Euronext was up 0.4% at 233.75 euros ($242.68) per metric ton by 16...Reuters
Mon, Dec 30
METALS-London copper dips as market awaits China data
Updates pricesBy Ashitha Shivaprasad Dec 30 (Reuters) - London copper prices slipped on Monday in thin trading while market participants await economic data from China, the world's biggest commodities consumer.Three-month copper CMCU3 on the London Metal Exchange (LME) was down 0.7% at $8,916 a m...Reuters
Mon, Dec 30
UPDATE 1-US agency takes steps to protect Nevada mountains from energy development
Adds details on withdrawal process, Interior Secretary quoteDec 30 (Reuters) - The Biden administration on Monday took steps to protect the Ruby Mountains in northeast Nevada from oil, gas and geothermal development for 20 years.The Interior Department said it had approved an application by the U.S....Reuters
Mon, Dec 30
