News
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Tyson, other poultry processors to pay $180 million to settle workers’ wage claims
By Mike Scarcella Dec 24 (Reuters) - Tyson Foods TSN.N and eight other poultry processors have agreed to pay $180 million to resolve a lawsuit in U.S. court claiming they conspired to suppress poultry workers' wages, in an agreement that pushes total settlements in the case to nearly $400 million...Reuters
Tue, Dec 24
UPDATE 6-Oil prices rise in thin pre-holiday trade
Brent, WTI crude futures rise over 1% Price fluctuations expected due to holiday market inactivityChina's fiscal stimulus plan supports oil pricesUpdates prices and market activity, changes byline, adds NEW YORK to datelineBy Laila Kearney and Paul Carsten NEW YORK/LONDON, Dec 24 (Reuters) - Oil ...Reuters
Tue, Dec 24
US Cash Grains-Corn and soy basis mostly unchanged
CHICAGO, Dec 24 (Reuters) - Spot basis bids for corn and soybeans were mostly flat at elevators, processors, river terminals and ethanol plants around the U.S. Midwest on Tuesday, a spot check showed, as corn futures fell and soybeans futures rose ahead of Christmas.* The soybean basis lost 1 cent a...Reuters
Tue, Dec 24
PRECIOUS-Gold steadies in holiday lull as markets await 2025 Fed moves
Gold headed for best year since 2010Base case projects gold prices around $2800/oz in 2025 - analystUpdates with midsession tradingBy Sherin Elizabeth Varghese Dec 24 (Reuters) - Gold prices steadied in holiday-thinned trade on Tuesday as investors looked ahead to the U.S. Federal Reserve’s inter...Reuters
Tue, Dec 24
BRIEF-Diana Shipping Inc Announces Direct Continuation Of Time Charter Contract For m/v Amphitrite
Dec 24 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V AMPHITRITEDIANA SHIPPING INC - CHARTER RATE $8,750/DAY FOR FIRST 50 DAYS, $12,100/DAY THEREAFTERDIANA SHIPPING INC - EMPLOYMENT EXTENSION EXPECTED TO GENERATE $4.22 MILLION ...Reuters
Tue, Dec 24
PRECIOUS-Gold steadies in holiday lull as markets eye 2025 Fed moves
Gold headed for best year since 2010Base case projects gold prices around $2800/oz in 2025 - analystUpdates with action in U.S. morning hoursBy Sherin Elizabeth Varghese Dec 24 (Reuters) - Gold prices steadied in holiday-thinned trade on Tuesday as investors looked ahead to the U.S. Federal Reser...Reuters
Tue, Dec 24
Mexico's oil and gas output drops to lowest level all year in November
MEXICO CITY, Dec 24 (Reuters) - Mexico's production of liquid hydrocarbon and natural gas in November fell to the lowest levels recorded all year and was well below last year's averages, official numbers published by the regulator showed. November was also the second month the country missed the 1.8...Reuters
Tue, Dec 24
CBOT Trends-Wheat down 2-3 cents, corn steady-up 1 cent, soybeans up 2-4 cents
CHICAGO, Dec 24 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Tuesday.* CBOT markets close early at 12:05 p.m. CST on Tuesday and reopen at 8:30 a.m. CST on Thursday. WHEAT - Down 2 to...Reuters
Tue, Dec 24
UPDATE 5-Oil prices rise in thin pre-holiday trade
Updates prices as of 1400 GMTBrent and WTI crude futures rise over 1% Price fluctuations expected due to holiday market inactivityChina's fiscal stimulus plan supports oil pricesBy Paul Carsten LONDON, Dec 24 (Reuters) - Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by ...Reuters
Tue, Dec 24
EU wheat edges lower in light trade ahead of Christmas break
PARIS, Dec 24 (Reuters) - European wheat fell slightly in thin trade on Tuesday as traders were adjusting positions ahead of the Christmas break and the results of an international tender by Algeria.Benchmark March milling wheat BL2H5 on Paris-based Euronext, closed early ahead of Christmas, down 0....Reuters
Tue, Dec 24
US natgas prices rise on increased LNG feedgas, heating demand
Dec 24 (Reuters) - U.S. natural gas futures rose on Tuesday to hover near a 23-month high hit in the previous session, on an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants, and forecasts for more cold weather in January leading to increased heating demand than wha...Reuters
Tue, Dec 24
METALS-Copper up but holds in tight range ahead of expected 2025 volatility
Updates with official pricesBy Polina Devitt LONDON, Dec 24 (Reuters) - Copper prices rose on Tuesday on revived hopes for additional fiscal stimulus in top consumer China in thin pre-Christmas activity, and were on track for a 4.6% gain in 2024 ahead of expected volatility in 2025.Three-month co...Reuters
Tue, Dec 24
Moldovan president warns of 'harsh winter' in inauguration speech
CHISINAU, Dec 24 (Reuters) - Moldova faces a harsh winter but will overcome the challenge, President Maia Sandu said at the inauguration for her second term on Tuesday.Sandu, who won a closely contested election in November, faces a potential energy crisis as the threat of Russia cutting off gas sup...Reuters
Tue, Dec 24
UPDATE 4-Oil prices rise in thin pre-Christmas trade
Updates prices at 1213 GMTBy Paul Carsten LONDON, Dec 24 (Reuters) - Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday.Brent crude futures LCOc1 were up 36 cents, or ...Reuters
Tue, Dec 24
METALS-Copper rises but remains trapped in a tight range ahead of 2025 uncertainty
Recasts with updated prices, adds analyst comment and London datelineBy Polina Devitt LONDON, Dec 24 (Reuters) - Copper prices rose in London on Tuesday supported by revived hopes for additional fiscal stimulus in top consumer China in thin pre-Christmas activity, and were on track into uncertain...Reuters
Tue, Dec 24
GRAINS-Chicago soybeans, grains mixed in pre-Christmas trade
Updates prices, adds details throughout, quoteBy Mei Mei Chu and Sybille de La Hamaide BEIJING/PARIS, Dec 24 (Reuters) - Chicago soybean futures rose on Tuesday, while wheat eased and corn futures were unchanged as traders were making adjustments in thin pre-holiday trading, with a stronger dolla...Reuters
Tue, Dec 24
UPDATE 5-Russian cargo ship sinks in Mediterranean after explosion, Russian Foreign Ministry says
Ship was en route to Vladivostok, says ownerWas reported to be carrying port cranes, ice-breaker parts 14 crew rescued, two still missing Cause of engine room explosion unknown so far Adds Spanish statement in paragraphs 7-11, details of different ship in temporary trouble in paragraphs 16-18By And...Reuters
Tue, Dec 24
PRECIOUS-Gold edges higher in holiday trading; Fed outlook in focus
Gold headed for best year since 2010Gold could reach $3,000 in 2025, analyst saysPalladium up more than 1%Updates with mid-session tradingBy Anushree Mukherjee Dec 24 (Reuters) - Gold prices gained in a quiet holiday-period trading on Tuesday, while investor focus was on the U.S. Federal Reserve'...Reuters
Tue, Dec 24
