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GRAINS-Chicago wheat firms on Algeria purchase, but logs weekly fall
BEIJING, Dec 27 (Reuters) - Chicago wheat gained on Friday after a big purchase from Algeria, but was set for a weekly decline, while soybean eased as a record crop in Brazil weighed on the market. Corn also slipped.FUNDAMENTALS* The most-active wheat contract on the Chicago Board of Trade Wv1 gaine...Reuters
7 minutes ago
Oil prices set for weekly gain on China stimulus optimism
Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate
Reuters
21 minutes ago
YEARENDER-Big Oil backtracks on renewables push as climate agenda falters
European majors slow clean energy investmentsInvestors rewarding oil and gas focus New Trump U.S. presidency among big factors in 2025 By Ron Bousso LONDON, Dec 27 (Reuters) - Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at ...Reuters
2 hours ago
LIVESTOCK-Live cattle futures up on strong beef prices; hogs end mixed
By Julie Ingwersen CHICAGO, Dec 26 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures rose on Thursday on strong wholesale beef prices and bullish chart signals, traders said.February live cattle LCG25 settled up 2.725 cents at 190.100 cents per pound, breaking through chart resist...Reuters
3 hours ago
REFILE-Bird flu virus shows mutations in first severe human case in US, CDC says
Refiles to add dropped words in government body name in paragraph 1 Dec 26 (Reuters) - The U.S. Centers for Disease Control and Prevention said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected...Reuters
3 hours ago
Bird flu virus shows mutations in first severe human case in US, CDC says
Dec 26 (Reuters) - The U.S. Centers for Disease Control said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected backyard flock on the patient's property.The CDC said the patient's sample showed mut...Reuters
3 hours ago
CIF/FOB Gulf Grain-Corn barge basis weakens
CHICAGO, Dec 26 (Reuters) - Spot basis bids for corn shipped by barge to U.S. Gulf Coast export terminals eased on Thursday, while soy barge bids were mostly steady to weaker, traders said.* Traders are watching for global export demand to shift to South America from the U.S. as Brazil, the world's ...Reuters
3 hours ago
GRAINS-Soy up as weather spurs short-covering; corn to 6-month top
Updates with closing U.S. prices; fire at Illinois soy plantBy Julie Ingwersen CHICAGO, Dec 26 (Reuters) - U.S. soybean futures rose more than 1% on Thursday and soymeal futures touched a two-month high as worries about dry weather in parts of Argentina prompted speculators to exit short position...Reuters
4 hours ago
US Cash Crude-Grades mixed on first day of February trading
Dec 26 (Reuters) - U.S. crude grades were mixed on Thursday on the first day of February trading, dealers said, stabilizing after a volatile roll trade period, dealers said. WTI Midland gained 5 cents, while WTI at East Houston WTC-MEH, also known as MEH, gained 50 cents. Mars eased 20 cents. Trader...Reuters
5 hours ago
US Cash Grains-Corn, Soy basis bids mostly flat as futures climb
Dec 26 (Reuters) - Basis bids for soybeans and corn were mostly steady at elevators, processors, river terminals and ethanol plants around the U.S. Midwest in a spot check on Thursday.* The one exception was an elevator in Blair, Nebraska, where the basis fell by 1 cent. * CBOT most-active March soy...Reuters
5 hours ago
CBOT wheat climbs on short-covering, big Algerian purchase
CHICAGO, Dec 26 (Reuters) - Chicago Board of Trade wheat futures closed higher on Thursday on short-covering amid light holiday trade and on news of a massive wheat purchase by Algeria's state grains agency, traders said.CBOT March soft red winter wheat WH25 settled up 6-1/4 cents at $5.41 per bushe...Reuters
6 hours ago
BRIEF-Wisconsin DATCP Identified Case Of Highly Pathogenic Avian Influenza In Commercial Poultry Flock In Burnett County
Dec 26 (Reuters) - WISCONSIN DATCP: WISCONSIN DATCP: IDENTIFIED CASE OF HIGHLY PATHOGENIC AVIAN INFLUENZA IN COMMERCIAL POULTRY FLOCK IN BURNETT COUNTY ((Reuters.Briefs@thomsonreuters.com;))Reuters
6 hours ago
CBOT corn futures notch 6-month high, following soy, wheat strength
CHICAGO, Dec 26 (Reuters) - Chicago Board of Trade corn futures hit a six-month high on Thursday on spillover strength from wheat and soybeans in thin holiday trade and on expectations of tightening U.S. corn supplies, traders said.CBOT March corn CH25 settled up 5-1/4 cents, or 1.2%, at $4.53-3/4 p...Reuters
6 hours ago
Bunge shuts Illinois soy processing plant after fire
CHICAGO, Dec 26 (Reuters) - Bunge Global BG.N has temporarily shut a soybean processing plant in Cairo, Illinois, after a fire in a conveyor belt on Thursday, the grain company said.The company, one of the world's top agricultural merchants, is assessing damage at the facility to determine when it c...Reuters
6 hours ago
CBOT soybeans climb as soymeal surges on short-covering, weather
CHICAGO, Dec 26 (Reuters) - Chicago Board of Trade soybean futures rose more than 1% on Thursday and soymeal futures touched a two-month high as worries about dry weather in parts of Argentina prompted speculators to exit short positions, traders said.CBOT most-active March soybeans SH25 settled up ...Reuters
6 hours ago
BRIEF-Rhode Island Department of Health Says Northwest Naturals Recalls Cat Food After Batch Positive For Bird Flu Virus
Dec 26 (Reuters) - RHODE ISLAND DEPARTMENT OF HEALTH: RHODE ISLAND DEPARTMENT OF HEALTH: NORTHWEST NATURALS RECALLS CAT FOOD AFTER BATCH TESTED POSITIVE FOR HIGHLY PATHOGENIC AVIAN INFLUENZA VIRUS ((Reuters.Briefs@thomsonreuters.com;))Reuters
6 hours ago
UPDATE 1-US natgas prices retreat from 2-year peak on forecasts of less cold
Updates for market close Dec 26 (Reuters) - U.S. natural gas futures fell more than 5% on Thursday from a near two-year high in holiday-thinned trade as forecasts for less cold conditions in the short term overshadowed support from a rise in the amount of gas flowing to liquefied natural gas (LNG...Reuters
6 hours ago
UPDATE 10-Oil prices ease as markets weigh China stimulus hopes
China to ramp up fiscal support for consumption next yearAPI shows US crude stocks fall 3.2 million barrels, sources sayComing up: EIA supply report on FridayUpdates with settlement prices in paragraph 2By Nicole Jao NEW YORK, Dec 26 (Reuters) - Oil edged lower on Thursday in light holiday trade ...Reuters
7 hours ago
UPDATE 7-Finland boards oil tanker suspected of causing internet, power cable outages
Finland suspects ship of breaching power, telecom cablesCoast Guard boards ship, takes it to Finnish watersFinland says vessel belongs to Russian shadow fleetTanker is registered in Cook IslandsUpdates with US National Security Council statement in paragraph 8By Essi Lehto and Andrius Sytas HELSI...Reuters
7 hours ago
New York to fine fossil fuel companies $75 billion under new climate law
By Jonathan AllenNEW YORK, Dec 26 (Reuters) - New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.The law is intended to shift some of the recovery and adap...Reuters
7 hours ago
US Plains HRW Wheat-Basis bids steady as futures firm
CHICAGO, Dec 26 (Reuters) - Spot basis bids for hard red winter wheat were unchanged in the U.S. southern Plains on Thursday, a spot check showed, as futures strengthened. * K.C. HRW March wheat futures KWH25 closed up 7-3/4 cents at $5.51-1/2 a bushel. * Protein premiums for HRW wheat shipped by ra...Reuters
7 hours ago
UPDATE 1-US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana
Adds detail, quotes and backgroundBy Kemol King and Valerie Volcovici GEORGETOWN, Guyana/WASHINGTON, Dec 26 (Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce o...Reuters
7 hours ago
UPDATE 9-Oil prices ease as markets weigh China stimulus hopes
China to ramp up fiscal support for consumption next yearAPI shows US crude stocks fall 3.2 million barrels, sources sayComing up: EIA supply report on FridayUpdates pricesBy Nicole Jao NEW YORK, Dec 26 (Reuters) - Oil edged lower on Thursday in light holiday trade as the dollar's strength of...Reuters
8 hours ago