News
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LIVESTOCK-CME cattle futures rise on expectations of tight supplies
CHICAGO, Dec 31 (Reuters) - Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents highe...Reuters
Wed, Dec 31
CIF/FOB Gulf Grain-Corn, soybean basis bids slip amid elevated empty barge freight rates
CHICAGO, Dec 31 (Reuters) - Basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals eased on Wednesday, as export premiums were mixed ahead of the New Year holiday, traders said.U.S. grain markets will be closed Thursday for New Year’s Day.Empty barge freight values remained e...Reuters
Wed, Dec 31
US Plains HRW Wheat-Basis flat as wheat futures slump ahead of holiday
CHICAGO, Dec 31 (Reuters) - Basis bids for hard red winter (HRW) wheat held steady in the southern U.S. Plains on Wednesday, spot checks showed, while slumping K.C. wheat futures discouraged farmer grain sales heading into the New Year's Day holiday.K.C. HRW wheat futures fell for a fourth strai...Reuters
Wed, Dec 31
GRAINS-Chicago soybeans fall, but achieve first annual gain in three years
By Renee Hickman CHICAGO, Dec 31 (Reuters) - Chicago soybean futures dropped on Wednesday but logged their first annual gain in three years, supported by China's return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance.Wheat and corn fu...Reuters
Wed, Dec 31
CORRECTED-CBOT corn ticks down on a day of light trade
Dec 31 (Reuters) - Chicago Board of Trade corn futures eased slightly on Wednesday on a day of thin pre-holiday trade, awaiting fresh news. U.S. exports continue to be robust, analysts said, but expectations of a large South American crop are weighing on the market. The USDA reported net export sale...Reuters
Wed, Dec 31
CBOT wheat falls on large global supplies in limited trade
CHICAGO, Dec 31 (Reuters) - Chicago Board of Trade wheat futures fell on Wednesday due to global oversupply, shrugging off the escalating war between grain producers Russia and Ukraine on a day of light pre-holiday trade. The U.S. Department of Agriculture reported net export sales of U.S. 2025-26 w...Reuters
Wed, Dec 31
US oil production hit record high in October, EIA says
HOUSTON, Dec 31 (Reuters) - U.S. oil production hit a record high in October, according to the Energy Information Administration on Wednesday. Domestic oil output rose by 31,000 barrels per day to 13.87 million bpd. Oil output in New Mexico, the second-largest oil-producing state, also climbed by 31...Reuters
Wed, Dec 31
CBOT soybeans tumble on weak demand but rise for the year
CHICAGO, Dec 31 (Reuters) - Chicago Board of Trade soybean futures took a dive on Wednesday, with low demand and expectations of a large soybean harvest in Brazil pressuring futures, analysts said. But, soybeans rose annually, with China returning to the U.S. market.The USDA reported net export sale...Reuters
Wed, Dec 31
US issues fresh sanctions targeting Venezuela's oil sector
Sanctions mark latest action in Trump's pressure campaignUS targets four companies it says operated in Venezuela’s oil sector Sanctions also target four vesselsBy Daphne Psaledakis and Marianna Parraga WASHINGTON/HOUSTON, Dec 31 (Reuters) - The United States on Wednesday imposed sanctions on ...Reuters
Wed, Dec 31
Oil prices log steepest annual drop since 2020
Brent set to post longest annual losing streak to dateUAE withdraws forces from Yemen in conflict with Saudi ArabiaOversupply offsets geopolitical risks, sanctions on producing countriesUS crude inventories fall, distillate and gasoline stocks riseOil prices down near 20% on the yearBy Enes Tunagur ...Reuters
Wed, Dec 31
US Cash Crude-Grades tick higher as domestic crude stocks fall
HOUSTON, Dec 31 (Reuters) - Grades broadly rose on Wednesday, dealers said, as domestic crude stocks posted a decline last week, according to the Energy Information Administration. U.S. crude stocks fell while gasoline and distillate inventories rose last week on robust refining activity, the EIA s...Reuters
Wed, Dec 31
US natgas futures fall over 7% on above normal weather outlook, log annual gain
By Noel John and Anmol Choubey Dec 31 (Reuters) - U.S. natural gas futures dropped more than 7% on Wednesday, pressured by warmer forecasts next week and a federal report indicating a smaller-than-expected gas withdrawal, yet record gas flows to LNG export facilities in 2025 helped the market sec...Reuters
Wed, Dec 31
ADVISORY-US cash crude report will not be published on Jan 1, 2
Dec 31 (Reuters) - The U.S. cash crude assessment CRU/TU and U.S. cash crude report CRU/C will not be published on Thursday, January 1 and Friday, January 2 due to the New Year holiday. Reuters will resume pricing on Monday, January 5.Reuters
Wed, Dec 31
US Cash Grains-Corn, soy basis steady to mixed ahead of holiday
CHICAGO, Dec 31 (Reuters) - Spot basis bids for corn and soybeans were mostly steady on Wednesday with a few mixed changes ahead of the New Year's Day holiday, spot checks showed.The soybean basis improved by a nickel a bushel at a crushing facility in Lafayette, Indiana.Chicago Board of Trade M...Reuters
Wed, Dec 31
GRAINS-Chicago soybeans fall, but are set for first annual gain in three years
By Renee Hickman CHICAGO, Dec 31 (Reuters) - Chicago soybean futures dropped on Wednesday but were set to log their first annual gain in three years, supported by China's return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance.Wheat an...Reuters
Wed, Dec 31
Residual fuel fills Venezuela's storage tanks as exports cut to minimum, sources say
US blockade has reduced residual fuel exportsSome 25 million barrels of residuals in onshore, floating storagePDVSA to reopen idled tanks, send fuel to oil waste pools Dec 31 (Reuters) - The accumulation of residual fuel inventories in Venezuela's onshore tanks is forcing state energy company...Reuters
Wed, Dec 31
US natgas futures fall over 5% on above normal weather outlook, eye annual gain
By Noel John and Anmol Choubey Dec 31 (Reuters) - U.S. natural gas futures dropped more than 5% on Wednesday, pressured by warmer forecasts next week and a federal report indicating a smaller-than-expected gas withdrawal, yet record gas flows to LNG export facilities in 2025 kept the market o...Reuters
Wed, Dec 31
