News
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CIF/FOB Gulf Grain-Corn barge basis bids firm, soybean bids steady
CHICAGO, Dec 9 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady on Tuesday, while corn basis bids continued to firm, market sources said.Empty barge freight rates turned higher along parts of the Illinois and Ohio rivers, as well as on the Mississippi Riv...Reuters
Tue, Dec 9
US Cash Grains-Soybean, corn bids mostly higher as selling picks up
CHICAGO, Dec 9 (Reuters) - Spot soybean and corn basis bids were steady to higher in the U.S. Midwest on Tuesday as selling picked up and industry players reviewed the U.S. Department of Agriculture's monthly supply and demand report that was released earlier in the day. The USDA left its U.S. s...Reuters
Tue, Dec 9
US Cash Crude-SGC firms as output at two Gulf of Mexico offshore platforms temporarily shut in
HOUSTON, Dec 9 (Reuters) - Southern Green Canyon (SGC) strengthened on Tuesday as output at two Gulf of Mexico offshore platforms were temporarily shut in. SGC firmed by 40 cents to a discount of $2.45 to US West Texas Intermediate crude, after Shell SHEL.L said output at its Whale and Perdido platf...Reuters
Tue, Dec 9
Granite To Upgrade Perris South Metrolink Station And Layover Facility To Boost Rail Capacity And Reliability
Dec 9 (Reuters) - Granite Construction Inc GVA.N:GRANITE TO UPGRADE PERRIS SOUTH METROLINK STATION AND LAYOVER FACILITY TO BOOST RAIL CAPACITY AND RELIABILITYGRANITE CONSTRUCTION INC - RCTC AWARDS $24 MILLION CONTRACT FOR PERRIS SOUTH PROJECTReuters
Tue, Dec 9
Shell says output at two Gulf of Mexico offshore platforms temporarily shut in
By Arathy SomasekharHOUSTON, Dec 9 (Reuters) - Oil major Shell SHEL.L said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a shutdown of the Hoover Offshore Oil Pipeline System (HOOPS).The top producer in the U.S. Gulf said it expects its Whale a...Reuters
Tue, Dec 9
GE Vernova expects 80 gigawatts of signed combined-cycle gas turbine contracts by year's end
Dec 9 - GE Vernova expects 80 gigawatts of signed combined-cycle gas turbine contracts by the end of the year as electricity demand from Big Tech's data centers ramps up, the U.S. power company said on Monday. As data U.S. power demand reaches record highs from the proliferation of data centers,...Reuters
Tue, Dec 9
US threatens to withhold Chicago transit funding after attack on passenger
By David ShepardsonWASHINGTON, Dec 9 (Reuters) - The U.S. Transportation Department on Tuesday threatened to withhold transit funding for Chicago trains and buses, and demanded more police protection, citing an incident in which a 26-year-old woman passenger was attacked and set on fire last month.T...Reuters
Tue, Dec 9
CBOT wheat ends nearly flat, anchored by plentiful global supplies
CHICAGO, Dec 9 (Reuters) - Chicago Board of Trade wheat futures closed fractionally lower on Tuesday, anchored by ample global grain supplies, traders said. CBOT March soft red winter wheat WH26 settled down 1/4 cent at $5.34-1/2 per bushel.K.C. March hard red winter wheat KWH26 ended up 1/2 cent a...Reuters
Tue, Dec 9
CBOT corn ends higher as USDA tightens US stocks forecast
CHICAGO, Dec 9 (Reuters) - Chicago Board of Trade corn futures ended higher on Tuesday after the U.S. Department of Agriculture lowered its forecast of U.S. corn end-year inventories by more than most analysts expected amid brisk export demand, traders said.CBOT March corn CH26 settled up 4-1/4 cent...Reuters
Tue, Dec 9
PRECIOUS-Gold rises ahead of Fed rate cut decision, silver hits $60/oz milestone
Silver hits all-time high of $60.74/ozFOMC policy meeting on December 9-10Traders see 87.4% chance of a December rate cutData shows U.S. job openings increased marginally in OctoberBy Anjana Anil and Anushree Mukherjee Dec 9 (Reuters) - Gold gained on Tuesday as traders remained optimistic ahead ...Reuters
Tue, Dec 9
CBOT soybeans slide on worries about exports, South American harvest
CHICAGO, Dec 9 (Reuters) - Chicago Board of Trade soybean futures hit their lowest in more than a month on Tuesday, pressured by worries about the scale of Chinese demand for U.S. supplies, along with expectations of large South American harvests, traders said.Additional pressure came from news that...Reuters
Tue, Dec 9
US natural gas futures drop 7% for second day as mild weather trims demand
Near-record gas output allows for increased storage levelsMeteorologists project mild US weather through late DecemberGlobal gas prices at 19-month lows on Ukraine peace talks, mild winterGas flows to LNG export plants near record highBy Scott DiSavino NEW YORK, Dec 9 (Reuters) - U.S. natural...Reuters
Tue, Dec 9
Anglo American, Teck Resources shareholders approve mining merger
LONDON, Dec 9 (Reuters) - Shareholders of Anglo American AAL.L and Teck Resources TECKb.TO on Tuesday approved a previously announced merger, the companies said, paving the way for the creation of a copper heavyweight and leaving regulatory approvals as the final hurdle.More than 99.17% of votes cas...Reuters
Tue, Dec 9
Shell says output at two Gulf of Mexico offshore platforms temporarily shut in
HOUSTON, Dec 9 (Reuters) - Oil major Shell SHEL.L said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a shutdown of Hoover Offshore Oil Pipeline system (HOOPS).The company said it expects its Whale and Perdido platforms to resume production by t...Reuters
Tue, Dec 9
Teck Resources shareholders approve merger with Anglo American
By Divya RajagopalTORONTO, Dec 9 (Reuters) - Shareholders of Canadian miner Teck Resources TECKb.TO on Tuesday voted in favor of the merger with Anglo American AAL.L, paving the way for both companies to move to the next step of seeking approvals from regulators across the world, including Canada.Te...Reuters
Tue, Dec 9
Anglo American Says Anglo American Shareholders Approve Merger Of Equals With Teck Resources
Dec 9 (Reuters) - Anglo American PLC AAL.L:ANGLO AMERICAN : 99.17% OF VOTES CAST IN FAVOUR OF ANGLO-TECK MERGERANGLO AMERICAN : ANGLO AMERICAN SHAREHOLDERS APPROVE MERGER OF EQUALS WITH TECK RESOURCESANGLO AMERICAN : 99.98% OF VOTES CAST IN FAVOUR OF SPECIAL RESOLUTION ON CHANGE OF COMPANY NAME WITH...Reuters
Tue, Dec 9
Zelenskiy says Ukraine ready for energy ceasefire if Russia agrees
KYIV, Dec 9 (Reuters) - Ukraine's President Volodymyr Zelenskiy said on Tuesday that Ukraine was ready for an energy ceasefire if Russia agrees, and that it would do whatever it can to organise a high-level meeting with the U.S. within the next two weeks on a peace deal.Responding to questions f...Reuters
Tue, Dec 9
PRECIOUS-Gold rises ahead of Fed rate cut decision, silver hits $60/oz milestone
Silver hits all-time high of $60.59/ozFOMC policy meeting on December 9-10Traders see 87.4% chance of a December rate cutData shows U.S. job openings increased marginally in OctoberBy Anjana Anil and Anushree Mukherjee Dec 9 (Reuters) - Gold gained on Tuesday as traders remained optimistic ahead ...Reuters
Tue, Dec 9
US natgas output and demand to hit record highs in 2025, EIA says
By Scott DiSavinoNEW YORK, Dec 9 (Reuters) - U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day in 2024...Reuters
Tue, Dec 9
