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The Latest Breaking News from NASS

Soybeans Fall on Tuesday, Failing to Follow Tighter Stocks Number

Soybeans closed with weakness despite the tighter than expected stocks total, as contracts were down 8 to 9 ½ cents. The cmdtyView national average Cash Bean price was 9 1/2 lower at $9.25. Soymeal futures were down $1.60 to $2.40/ton, with Soy Oil futures down 20 to 33 points. NASS...

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Soybeans Easing Lower Despite Tighter Stocks Number

Soybeans are down 9 to 10 cents in most contracts so far on Tuesday. The cmdtyView national average Cash Bean price is 10 cents lower at $9.24 1/2. Soymeal futures are down $1.60 to $2.00/ton, with Soy Oil futures down 29 to 39 points. NASS tallied 316 mbu of soybeans...

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Hogs Pulling Back at Wednesday’s Midday

Lean hog futures are falling 77 cents to $1.80 across most contracts on Wednesday. USDA’s national base hog prices from the Wednesday AM report was at $104.72, down $1.38 from the day prior. The CME Lean Hog Index was down another 8 cents on September 22 at $104.90. NASS will...

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Cotton Rallies on Tuesday

Cotton futures posted gains of 82 to 97 points across most nearby contracts at Tuesday’s close. The US dollar index was down $0.635 so far on the day to $96.265, with crude oil futures $1.22 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...

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Cotton Bulls Gaining Ground on Tuesday

Cotton futures are trading with contracts 34 to 75 points higher across the nearbys at midday on Tuesday. The US dollar index is down $0.635 so far on the day to $96.265, with crude oil futures $1.26 higher. NASS reported the US cotton crop 50% with bolls opening as of...

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Cotton Posting Tuesday Morning Gains

Cotton prices are up 32 to 38 points so far on Tuesday morning. Futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported...

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Cotton Firms Up into the Monday Close

Cotton futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...

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Corn Holds Losses into the Tuesday Close

Corn futures gave back some of the Monday gains on Tuesday, closing with losses of 1 to 2 cents of most contracts. The CmdtyView national average Cash Corn price was down 2 cents at $3.75. Late on Monday, NASS reported the US corn harvest progress at 4% complete. Harvest was...

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Corn Easing Lower on Tuesday

Corn futures are giving some of the Monday gains back on Tuesday with midday losses of 1 to 2 cents. The CmdtyView national average Cash Corn price is down 1 3/4 at $3.75 1/4. Late on Monday, NASS reported that 74% of the US corn crop was dented, with 25%...

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Corn Closes Monday with Green on the Screen

Corn futures battled back from early Monday losses, as contracts closed with gains of 4 to 4 cents at the final bell. The CmdtyView national average Cash Corn price was up 4 at $3.77. After the close, NASS reported that 74% of the US corn crop was dented, with 25%...

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Cotton Falls Lower on Tuesday

Cotton futures were down 52 to 61 points on the Tuesday session. The outside markets were mixed factors, as the US dollar index is back down $0.183 on the day to $98.135, with crude oil futures $1.49 lower. On Monday afternoon. NASS reported the US cotton crop at 71% setting...

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Cotton Losses Holding Through Midday

Cotton futures are down 53 to 65 points so far on the Tuesday session. The outside markets are mixed factors, as the US dollar index is back down $0.238 on the day to $98.080, with crude oil futures $1.45 lower. On Monday afternoon. NASS reported the US cotton crop at...

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Cotton Falls Back on Monday, with Conditions Slipping After the Close

Cotton futures were back down 44 to 63 points across the nearby contracts on Monday. The outside markets provided mixed factors, as the US dollar index was back up $0.746 on the day to $98.345, with crude oil futures $1.10 higher. NASS reported the US cotton crop at 71% setting...

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Cotton Falls Back on Tuesday

Cotton futures posted Tuesday losses of 14 to 25 points on the Tuesday session. The outside markets added some pressure, as US dollar index was up $0.118 on the day to $98.135 and crude oil futures were down $1.10. The weekly Crop Progress report from NASS showed a total of...

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Cotton Falling on Tuesday as Conditions Improve

Cotton futures are showing midday losses of 33 to 44 points on Tuesday, with October up 2 points. The US dollar index is up $0.063 to $98.080, as crude oil futures were back down $0.80. The weekly Crop Progress report from NASS showed a total of 97% of the US...

Barchart

Cotton Showing Slight Gains on Tuesday Morning

Cotton price action is showing slight Tuesday AM gains. Futures closed the Monday session with contracts 26 to 32 points higher. The US dollar index is up $0.298 to $98.010, as crude oil futures were back up another $0.55. The weekly Crop Progress report from NASS showed a total of...

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Cotton Posts Monday Gains, Conditions See Improvement

Cotton futures closed the Monday session with contracts 26 to 32 points higher. The US dollar index is up $0.298 to $98.010, as crude oil futures were back up another $0.55. The weekly Crop Progress report from NASS showed a total of 97% of the US cotton crop squared by...

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How About those Crop Condition Numbers for Corn and Soybeans?

Yes, I'm addressing NASS' latest weekly crop condition numbers, the Kardashians of government reports, to point out...well, you'll see.

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Cattle Futures Prices Drop from Record Highs, But Bulls May Still Have Legs

There are a few hints that the historic bull run in cattle markets may not be over just yet.

The Independent UK

Postal Service chief frustrated at criticism, but promises 'heroic' effort to deliver mail ballots

The U.S. Postal Service’s leader is expressing frustration with ongoing criticism of how it handles mail ballots

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Weathering the Storm: Farmers' Struggles, USDA Data Challenges and Market Implications

Taking a look at what is happening in the markets as we enter the last half of July.

Barchart

Corn: Has the Change in Latitude Changed the Attitude?

The change in latitude (price levels) of old-crop and new-crop corn is changing the attitude toward both markets.

Barchart

My Annual Public Service Announcement regarding NASS' Weekly Reports

I know there are new readers to this site every year. Given that, I feel compelled to post my annual Public Service Announcement regarding NASS' weekly numbers.

Barchart

Are the Cancellations of Some NASS Reports "Worrisome"?

I missed the deadline for a friend's article on the subject of recent announced report cancellations. So, I put my thoughts into this report morning piece.

Barchart

Cattle Drop Ahead of NASS Cattle on Feed Data

Feeder cattle were down by another triple digits of 0.7% to 1% on Friday. That left November futures at a net $9 loss for the week and more than 38% back down from LoC low to LoC high. Live cattle also closed red on the week’s last trade day, finishing...

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