The Latest Breaking News from USDA

Lean hog futures saw losses of $1.20 to $1.90 across most contracts on Wednesday. Preliminary open interest suggested another round of long liquidation, down 2,760 contracts. USDA’s national base hog price from the Wednesday afternoon report was down $1.82 from the day prior at $100.43. The CME Lean Hog Index...

Live cattle futures saw contracts steady to 75 cents in the red across most months on Wednesday. The Wednesday morning Fed Cattle Exchange showed no sales on the 2,552 head listed, with a few bids of $232. Outside of that, there has been some light cash trade at $230 in...

It's official: The U.S. government shut down as of Wednesday, October 1, after Congress failed to agree upon federal funding extensions.

March NY world sugar #11 (SBH26 ) today is down -0.45 (-2.71%), and December London ICE white sugar #5 (SWZ25 ) is down -14.40 (-3.07%). Sugar prices are sharply lower today, with London sugar falling to a 1-week low. The outlook for higher sugar production in Thailand is undercutting sugar...

Corn prices are down 2 to 3 ¼ cents so far on Wednesday morning. Futures fell 6 to 7 cents across most contracts on the Tuesday session, as USDA found a couple (hundred million) more bushels than the trade had expected in the quarterly Grain Stocks report. Preliminary open interest...

Lean hog futures saw some month end pressure on Tuesday, with contracts $1.30 to $1.65 lower at the close. Preliminary open interest was own 1,574 contracts, suggesting some long liquidation. USDA’s national base hog price from the Tuesday afternoon was down 19 cents from the day prior at $102.25. The...

Wheat is continuing the weaker trend from Tuesday, as contracts are down across the three exchanges. The wheat complex fell across the three markets on Tuesday, as USDA found a few more bushels via the production number on Tuesday morning. CBT soft red wheat futures were down 10 to 12...

The first shutdown since 2019 could be unusually disruptive to the federal government.

The wheat complex fell across the three markets on Tuesday, as USDA found a few more bushels via the production number on Tuesday morning. CBT soft red wheat futures were down 10 to 12 cents. KC HRW futures were 10 to 11 cents in the red at the close. MPLS...