The Latest Breaking News from USDA

Hogs Trading on the Higher Side at Midday

Lean hog futures are posting modest gains on Monday, with front months a tick to 12 cents higher. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down another 46 cents on August 20 at $93.26. Friday’s Commitment...

Barchart · Aug 24

Sugar Prices Slip as ISMA Says India has No Sugar Shortage

October NY world sugar #11 (SBV26 ) is down -0.05 (-0.28%) today, and October London ICE white sugar #5 (SWV26 ) is down -16.10 (-2.92%). Sugar prices are retreating today on the outlook that India will import less sugar than previously estimated. India-based sugar analyst Greenleaf said today that India...

Barchart · Aug 24

Slow Pace of Brazil Harvest and Tight Inventories Boost Coffee Prices

December arabica coffee (KCZ26 ) is up +14.90 (+4.62%) today, and September ICE robusta coffee (RMU26 ) is up +95 (+2.64%). Coffee prices are sharply higher today, with arabica soaring to a 6.75-month high. The slow pace of Brazil’s coffee harvest is keeping supplies tight and underpinning prices. Last Wednesday,...

Barchart · Aug 24

Hogs Look to Monday Trade

Lean hog futures posted gains of 50 to 77 cents across most contracts on Friday, with October slipping 87 cents on the week. USDA’s national base hog price was reported at $94.27 in the Friday PM report, up $1.93 from the day prior. The CME Lean Hog Index was down...

Barchart · Aug 24

Wheat Rallying on Monday Morning

Wheat is back to stronger trade on Monday morning, with contracts 7 to 13 cents higher. The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts were fractionally to 1 ¼ cents lower on Friday, with September up 6 ¾ cents on the week....

Barchart · Aug 24

Corn Shooting Higher on Monday Morning

Corn prices shot higher at the Sunday night open in response to the Pro Farmer yield projection, up 12 to 13 cents so far on Monday morning. Futures found late strength on Friday with contracts 2 ¾ to 6 ½ cents higher across the board. Open interest was down 12,307...

Barchart · Aug 24

Soybeans Fading the Rest of the Grains on Monday Morning

Soybeans are fading lower so far on Monday morning, contracts down 4 to 6 ½ cents. Futures pushed higher late on Friday, with contracts up 1 to 4 ¼ cents at the close. September was up 47 ¼ cents on the week, with November 47 cents higher. The cmdtyView national...

Barchart · Aug 24

Arizona Livestock Port Reopens to Mexican Cattle Today Days After Sonora Confirms Its First Screwworm Case

Arizona's Douglas port reopens to Mexican cattle today, days after Sonora confirmed its first screwworm case. What USDA inspectors will check.

Medical Daily · Aug 24

American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

Mark Zuckerberg and Alexis Ohanian have become amateur yeoman, but other one-percenters may be putting actual farmers at a disadvantage.

Fortune · Aug 23

In 2012, USDA and Broward students released 16 beetles in Florida to control air potato; the insects multiplied into the thousands and nearly defoliated the vines

Scientists introduced a tiny leaf-eating beetle to control invasive air potato vines in Florida. These beetles multiplied significantly, defoliating the aggressive plant in release areas. Extensive testing ensured the beetle only fed on the target invasive species. Over 429,000 beetles were released statewide, establishing control at many locations. This biological…

The Times of India · Aug 23