The Latest Breaking News from USDA

Live cattle futures saw Tuesday action mixed, with nearby October down 12 cents and other contracts up 22 to 37 cents. Cash activity was quiet on Tuesday, with showlists being compiled. Last week was steady in the North at $245 in the north, with $242 in the South, up $2....

Lean hog futures posted 45 to 77 point gains across the front months on Tuesday. USDA’s national base hog report showed negotiated price was reported at $106.37, up $1.46 from the day prior. The CME Lean Hog Index was down 26 cents on August 28 at $106.17. USDA’s FOB plant...

Corn futures saw some late day strength, as contracts closed with gains of 2 to 5 cents across most nearbys. Contracts closed 7 to 10 cents off the early session lows. The CmdtyView national average Cash Corn price was down 5 cents at $3.79. The monthly NASS Grain Crushing report...

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October NY world sugar #11 (SBV25 ) on Tuesday closed down -0.22 (-1.34%), and October London ICE white sugar #5 (SWV25 ) closed down -11.10 (-2.21%). Sugar prices settled sharply lower on Tuesday, with NY sugar posting a 4-week low. Sugar prices are under pressure due to the outlook for...

Live cattle futures are posting 75 vent to $1.30 gains so far on Tuesday. Cash trade came in last week on a steady basis in the North at $245 in the north, with $242 in the South, up $2. Feeder cattle futures are trading with 97 cent to $1.37 gains...

Lean hog futures are continuing to push higher, with midday gains of 30 to 67 cents across the front months. USDA’s national base hog report showed negotiated prices not reported on thin volume with a 5-day rolling average at $108.77. The CME Lean Hog Index was down 26 cents on...

Corn futures are trading with September up 1 ¼ cents and other contracts fractionally lower at midday. Preliminary open interest showed a rotation of ownership, up 851 contracts on Friday. The CmdtyView national average Cash Corn price is down 8 1/2 cents at $3.75 1/2. USDA tallied corn export shipments...

October NY world sugar #11 (SBV25 ) today is down -0.17 (-1.04%), and October London ICE white sugar #5 (SWV25 ) is down -10.30 (-2.05%). Sugar prices are sharply lower today, with NY sugar falling to a 4-week low. Sugar prices are under pressure due to the outlook for higher...

A perfect storm of shrinking supply, trade disruption, and sky-high demand have sent beef prices soaring. Unfortunately, it looks like retail prices aren’t going to come back down for quite some time.

Cotton price action is down 26 to 38 points early on Tuesday. Futures were down 64 to 83 points on the Friday session, with December falling 147 points last week. The US dollar index was up $0.042 on the day to $97.780, with crude oil futures $0.55 lower. Commitment of...