The Latest Breaking News from USDA

Lean hog futures were down $1.10 to $2.60 in the front months on the Wednesday close, with back months 7 to 92 cents lower. Long liquidation may have been to blame ahead of the quarterly USDA report on Thursday, as Wednesday’s preliminary open interest was down 6,794 contracts. USDA’s national...

Lean hog futures fell by $1.10 to $2.60 in the front months into the Wednesday close, with back months 7 to 92 cents lower. USDA’s national base hog prices from the Wednesday PM report was at $104.67, down $2.32 from the day prior. The CME Lean Hog Index was down...

Lean hog futures posted gains of $1.20 to $2 across most nearby contracts on Tuesday. Deferred contracts were up a tick to 75 cents. Preliminary open interest was down 5,591 contracts, suggesting some shorts were covering. USDA’s national base hog prices from the Tuesday PM report was at $106.99, up...

Live cattle futures saw losses of 45 cents to $1.55 in the front months, as back months were 12 cents to $1.10 higher. Preliminary open interest was down 9,469 contracts on Tuesday, with the bulk in the nearbys, suggesting long liquidation. Cash trade has yet to get kicked off on...

Live cattle futures posted front month losses of 45 cents to $1.55, as back months were 12 cents to $1.10 higher. Cash trade has yet to get kicked off on Monday, with last week at $239-240 in the South, with Northern sales of $237-238. Feeder cattle futures pushed higher on...

Lean hog futures saw gains of $1.20 to $2 across most nearby contracts on Tuesday. Deferreds were up a tick to 75 cents. USDA’s national base hog prices from the Tuesday PM report was at $106.99, up 16 cents from the day prior. The CME Lean Hog Index was down...

October NY world sugar #11 (SBV25 ) on Tuesday closed up +0.41 (+2.69%), and December London ICE white sugar #5 (SWZ25 ) closed up +11.80 (+2.62%). Sugar prices recovered from early losses on Tuesday and moved sharply higher after a +1% rally in crude oil prices (CLX25 ) sparked short...

Live cattle futures are down 70 cents to $1.55 in the front months on Tuesday, with deferred contracts higher. Due to Monday limit gains in some feeder cattle contracts, live cattle limits are expanded to $10.75 today. Cash trade has yet to get kicked off on Monday, with last week...

Lean hog futures are posting $1.25 to $1.85 gains across the front months at midday. USDA’s national base hog prices from the Tuesday AM report was at $106.10, up $1.58 from the day prior. The CME Lean Hog Index was down another 36 cents on September 19 at $104.98. USDA’s...