The Latest Breaking News from USDA

Lean hog futures posted mixed Tuesday action with contracts down 42 to up 40 cents. Preliminary open interest was down 6,796 contracts on Tuesday, with much of that coming via December (11,027). USDA’s national base hog price from Tuesday afternoon was reported at $82.12, down $1.83 from the day prior....

Live cattle futures were down 60 cents to $1.35 at the close. Preliminary open interest dropped 2,522 contracts, with December down 8,675 contracts and Feb up 4,727 contracts. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Monday activity was quiet with showlists being...

March NY world sugar #11 (SBH26 ) on Tuesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25 ) closed down -0.30 (-0.07%). Sugar prices settled mixed on Tuesday. NY sugar found support due to the strength of the Brazilian real. The real (^USDBRL ) rallied to...

Lean hog futures are following up the sharply higher Monday trade with mixed Tuesday action of down 20 to up 50 cents USDA’s national base hog price from Tuesday morning was reported at $82.19, down $2.10 from the day prior. The CME Lean Hog Index was down another 64 cents...

Live cattle futures are down 7 to 65 cents in the front months so far on Tuesday, giving back some of the Monday limit gains. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Monday activity was quiet with showlists being compiled. Feeder cattle...

The wheat complex is showing mixed action as we trade through midday. CBT soft red wheat futures are mixed, with December down a penny. KC HRW futures are down 1 to 4 cents on Tuesday. MPLS spring wheat futures are up 3 to 4 cents at midday. USDA is expected...

March NY world sugar #11 (SBH26 ) today is up +0.06 (+0.42%), and December London ICE white sugar #5 (SWZ25 ) is down -0.90 (-0.22%). Sugar prices are mixed today. NY sugar is moving higher today due to strength in the Brazilian real. The real (^USDBRL ) rallied to a...

Tuesday will have expanded limits of $10.75 for live cattle and $13.75 for feeders. Live cattle futures were the $7.25 limit higher in the front to close out the Monday session, with other contracts up $6.35 to $7.17. Open interest was down 1,182 contracts to start the week. Last week’s...

Lean hog futures posted gains of $3.27 to $3.50 across most front months on Monday. Shorts were getting out, with open interest down 5,351 contracts. USDA’s national base hog price from Monday PM was reported at $84.29, down 4 cents from the day prior. The CME Lean Hog Index was...