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US natural gas futures edge down in volatile trading after hitting near 2-week high
By Anmol Choubey Dec 24 (Reuters) - U.S. natural gas futures edged down on Wednesday in thin pre-holiday trading, after touching a near two-week high, supported by forecasts for colder weather and robust gas flows to liquefied natural gas export plants. Front-month gas futures for January deliver...Reuters
Wed, Dec 24
LIVESTOCK-CME cattle tick lower in thin, pre-holiday trade
By Heather Schlitz CHICAGO, Dec 24 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Yea...Reuters
Wed, Dec 24
US regulator extends driving-time limit waiver for heating fuel haulers
Dec 24 (Reuters) - The U.S. transport safety regulator has extended an emergency waiver on driving-time limits for truckers hauling heating fuels by a few days to January 15 to speed up deliveries.The extension, which came on Tuesday, was issued because severe winter storms, extreme cold, and a majo...Reuters
Wed, Dec 24
White House orders U.S. forces focus on 'quarantine' of Venezuela
WASHINGTON, Dec 24 (Reuters) - The White House has ordered U.S. military forces to focus almost exclusively on enforcing the "quarantine" of Venezuela, a U.S. official told Reuters on Wednesday."While military options still exist the focus is to first use economic pressure by enforcing s...Reuters
Wed, Dec 24
Oil marginally lower as investors weigh US data, geopolitical tensions
Brent, WTI gain about 6% since last week's lows Oil set for biggest annual decline since 2020US economy grew faster than expected in the third quarterWeekly US crude, fuel stocks rose last week, API saysBy Arathy Somasekhar HOUSTON, Dec 24 (Reuters) - Oil settled marginally lower on Wednesda...Reuters
Wed, Dec 24
SOFTS-London cocoa ends lower as sterling strengthens
NEW YORK, Dec 24 (Reuters) - London cocoa futures closed lower on Wednesday, weakened partly by the strength of sterling against the dollar, while sugar and robusta coffee prices rose.London-based cocoa, robusta coffee and white sugar contracts had an abbreviated session on Wednesday and will be clo...Reuters
Wed, Dec 24
CIF/FOB Gulf Grain-Soy barge basis flat to higher, traders eye Brazil
CHICAGO, Dec 24 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to slightly firmer on Wednesday, traders said, as they eyed crop prices and weather in top exporter Brazil.Lower prices in Brazil are attractive to buyers from China, the world's biggest...Reuters
Wed, Dec 24
PRECIOUS-Gold, silver and platinum take a breather after record rally
Gold hits all-time high at $4,525.18/ozPlatinum up about 145% YTDPalladium down over 9% after scaling 3-year high By Sarah Qureshi Dec 24 (Reuters) - Gold prices edged lower on Wednesday, taking a breather after surging past the key $4,500-an-ounce mark earlier in the session, while silver and pl...Reuters
Wed, Dec 24
Serbia's NIS gets US approval to negotiate sale of Russian stake
BELGRADE, Dec 24 (Reuters) - The U.S. has granted Serbian oil refiner NIS NIIS.BEL until March 24 to negotiate the sale of its Russian owner's stake, Serbia's state-owned RTS TV reported on Wednesday.However, RTS said NIS had not obtained an operating licence that would allow it to buy and p...Reuters
Wed, Dec 24
Capstone Copper's Chilean workers ready to strike if mediation fails
SANTIAGO, Dec 24 (Reuters) - Workers at Capstone Copper's CS.TO Mantoverde copper and gold mine in Chile are ready to strike if mediation for a new labor contract fails, with a walkout potentially starting December 29, the union said on Wednesday.• The 645-member union rejected a contract offer ...Reuters
Wed, Dec 24
GRAINS-Wheat extends gains on short covering, war risk
Black Sea attacks, cold spell in Russia prompt short-coveringCorn and soybeans firm as dollar and oil also supportAmple global supplies still hang over grain marketsBy Heather Schlitz CHICAGO, Dec 24 (Reuters) - Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries...Reuters
Wed, Dec 24
CBOT soybeans up on pre-Christmas positioning
CHICAGO, Dec 24 (Reuters) - Chicago Board of Trade soybean futures moved higher on Wednesday on positioning ahead of Thursday's Christmas holiday and as managed money took a break from liquidating their long positions. Gains remained moderate, with ample global supplies hanging over grain market...Reuters
Wed, Dec 24
CBOT wheat up on short covering
CHICAGO, Dec 24 (Reuters) - Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about war escalation in the Black Sea export zone and severe cold in Russian wheat belts encouraged short covering before the Christmas break, traders and analysts said.Gains remained mo...Reuters
Wed, Dec 24
Chicago corn higher on strong demand, wheat strength
Dec 24 - Chicago Board of Trade corn futures edged up on Wednesday on strong demand and spillover strength from rising wheat futures, analysts said.As well as tracking strength in wheat, the corn market remained supported by brisk U.S. exports.The U.S. dollar weakened on Wednesday and was set for it...Reuters
Wed, Dec 24
Louis Dreyfus' finance chief Patrick Treuer dies
PARIS, Dec 24 (Reuters) - Agricultural commodity trader Louis Dreyfus' Chief Financial Officer Patrick Treuer has died unexpectedly, the company said in a statement on Wednesday.Treuer, who joined the privately owned group in 2014, passed away the prior night, the company said, without giving mo...Reuters
Wed, Dec 24
GRAINS-Wheat extends gains on short covering, war risk
Black Sea attacks, cold spell in Russia prompt short-coveringCorn and soybeans firm as dollar and oil also supportAmple global supplies still hang over grain marketsBy Heather Schlitz CHICAGO, Dec 24 (Reuters) - Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries...Reuters
Wed, Dec 24
EXCLUSIVE-US Coast Guard lacks forces to seize Venezuela-linked tanker for now, sources say
Bella 1 tanker refuses Coast Guard boarding attemptsPotential boarding likely falls to elite Coast Guard unitCoast Guard lacks resources for large-scale oil tanker seizuresTrump ordered blockade of sanctioned tankers near VenezuelaBy Idrees Ali, Jonathan Saul and Trevor Hunnicutt WASHINGTON/LONDO...Reuters
Wed, Dec 24
Deals of the day-Mergers and acquisitions
Dec 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1445 GMT on Wednesday: Gold and copper miner SolGold SOLG.L said it had agreed to be acquired by its largest shareholder Jiangxi Copper 600362.SS in a deal valuing it at 867 million pounds ($1.17 billion...Reuters
Wed, Dec 24
NIPSCO receives federal order to keep Indiana coal plant running
Dec 24 (Reuters) - Northern Indiana Public Service Company on Wednesday said it has received a federal order requiring the continued operation of R.M. Schahfer generating station beyond its planned December 31, 2025, retirement date. The order directs the Indiana-based plant to remain open for 90 da...Reuters
Wed, Dec 24
CBOT Trends-Wheat up 5-6 cents, corn up 1-2, soybeans up 5-7
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 Wednesday: WHEAT - Up 5 to 6 cents per bushelCBOT wheat Wv1 rose for a fifth session on Wednesday as worries about war esca...Reuters
Wed, Dec 24
