The Latest Breaking News from USDA

Cotton price action is down 15 to 20 points across the front months on Thursday morning. Futures closed out the Wednesday session with contracts 52 to 66 in the red, as futures reverted lower from the USDA led rally on Tuesday. The US dollar index was back down $0.302 to...

Lean hog futures were weaker on Wednesday, with losses of 75 to 85 cents, as August was up 7 cents ahead of Thursday’s expiration. Preliminary open interest was down 2,101 contracts. USDA’s national base hog price was reported at $110.48 on Wednesday afternoon, down $1.93. The CME Lean Hog Index...

Agriculture Secretary Brooke Rollins previously cheered over the banners, saying, ‘President Trump’s bold vision is ushering in a Golden Age for our farmers’

September arabica coffee (KCU25 ) on Wednesday closed up +4.45 (+1.41%), and September ICE robusta coffee (RMU25 ) closed up +206 (+5.53%). Coffee prices on Tuesday rallied on light frost early this week in Cerrado Mineiro, a key arabica growing area in Brazil. Early assessments suggest that damage has been...

October NY world sugar #11 (SBV25 ) is down -0.09 (-0.53%), and October London ICE white sugar #5 (SWV25 ) is up +1.00 (+0.21%). NY sugar prices today are trading lower on some long liquidation pressure after the 3-session rally to a 2-month high on Tuesday. Sugar prices rallied through...

Cotton futures are trading with midday losses of 47 to 63 cents so far on Wednesday. The US dollar index was back down $0.327 to $97.600, as crude oil futures are down another 84 cents. USDA showed a total of 840,000 planted acres and 1.3 million harvested acres cut from...

Lean hog futures are showing losses of $1 to $1.25 at Wednesday’s midday, with August up a nickel ahead of Thursday’s expiration. USDA’s national base hog price was reported at $110.10 on Wednesday morning, up $3.75. The CME Lean Hog Index was down 18 cents at $109.84 on August 11....

The wheat complex is back to mixed trade on Wednesday. CBT soft red wheat futures are leading the bulls, with fractional gains at midday. KC HRW futures are down 2 to 4 1/4 cents in the front months so far on the session. MPLS spring wheat is fractionally to 1...

Live cattle futures are showing some positive trade on the Wednesday session, with gains of 10 to 20 cents in the nearbys. Cash trade has been light this week, with light dressed trade at $385, up $4 wk/wk. the Wednesday morning Fed Cattel Exchange online auction showed sales on 40...