The Latest Breaking News from USDA

Cotton futures closed out the Friday session with contracts down 7 to 18 points, as December still managed to post a 94 point gain this week on the early half strength. The US dollar index was down another $0.383 to $97.720, as crude oil futures were down another $0.78. CFTC...

Mounted patrol officers, known as tick riders, who typically patrol the southern border to protect cattle from fever tick, will also now serve as the first line of defense against screwworm.

Corn futures are in rally back mode to round out the week, as contracts are up 5 to 7 cents across the front months. The CmdtyView national average Cash Corn price is up 6 1/4 cent at $3.63 1/2. Precip is limited over the next week for much of the...

The wheat complex is mixed at midday, with the soft red market leading the charge higher and spring wheat softer. CBT soft red wheat futures are up 1 to 2 cents in the nearbys. KC HRW futures are showing fractional gains across most contracts on Friday. MPLS spring wheat is...

October NY world sugar #11 (SBV25 ) today is down -0.14 (-0.84%), and October London ICE white sugar #5 (SWV25 ) is down -7.50 (-1.53%). NY sugar prices today are seeing continued long liquidation pressure after the rally up to Tuesday's 2-month high. As a bullish factor, Unica today reported...

September arabica coffee (KCU25 ) today is up +12.40 (+3.80%), and September ICE robusta coffee (RMU25 ) is up +62 (+1.52%). Coffee prices today extended this week's sharp rally, boosted by short-covering and technical buying with the upside breakouts to new 2-month highs. Bullish fundamental factors include the frost event...

Yes, I know USDA's August guess for US corn production was a "whopper" (take that as you will), but is the various components of the corn market itself telling us a different story?

Live cattle futures fell lower on Thursday, as the bears got a head start to the week-end selling. Contracts were down $2.20 to $3 across the front months on Thursday. Cash trade has been light this week, with light dressed trade at $384-386 in the North, with live action at...

Lean hog futures were down $1.40 to $1.65 across the front months on Thursday, as expiring August was up a tick. Preliminary open interest rose 4,523 contracts. USDA’s national base hog price was down 11 cents in the Thursday PM report, at $110.37. The CME Lean Hog Index was down...