The Latest Breaking News from USDA

U.S. agricultural producers are reportedly preparing to travel to China this fall, aiming to boost ties with Beijing amid ongoing trade friction.

The wheat complex saw Friday gains, as USDA gave a friendlier US number. CBT soft red wheat futures were 2 to 3 cents in the higher at the close, with December up 4 ¼ cents this week. KC HRW futures were up 4 to 5 cents across the front months,...

Live cattle futures resumed some selling into the Friday close, with contracts $2 to $2.30 in the red and October down $6 this week. Cash activity narrowed in at $240 across the country down $2 from last week. Feeder cattle futures closed out Friday falling $4.82 to $7.25 lower in...

Cotton futures reversed higher on Friday, with most contracts up 10 to 12 points, as December was 80 points in the green. The US dollar index was up $0.127 on the day to $97.655 with crude oil futures $0.25 higher. Weekly CFTC data indicated spec traders adding 2,536 contracts to...

Soybeans posted 12 to 13 cent gains in the front months on Friday, as November was up 19 ¼ cents since last Friday. The cmdtyView national average Cash Bean price was up 13 cents at $9.70 1/4. Soymeal futures were up 60 cents to $1.50, with October up $7.10 on...

Lean hog futures slipped back lower on Friday, with contracts down 20 cents to $1.05, as October was still up $1.10 this week. USDA’s national base hog report from Friday afternoon saw trade averaging $103.94, down $3.35 from the day prior. The CME Lean Hog Index was back up 11...

Corn futures closed with strength on Friday, as contracts were up 10 to 11 cents in the front months. December managed to close with a 12 cent gain this week. The CmdtyView national average Cash Corn price as up 10 1/2 cents at $3.85 1/2. USDA’s monthly Crop Production report...

October NY world sugar #11 (SBV25 ) on Friday closed down -0.03 (-0.19%), and October London ICE white sugar #5 (SWV25 ) closed down -3.00 (-0.61%). Sugar prices fell for a second session on Friday on negative carryover from Thursday, when the Indian Sugar and Bio-energy Manufacturers Association said it...

The wheat complex closed Thursday, with contracts higher across the three exchanges. CBT soft red wheat futures are 4 to 5 cents in the red at midday. KC HRW futures are down 1 to 2 cents across the front months. There was a single delivery issued overnight against September KC...

Live cattle futures are resuming some selling, with contracts $1.35 to $1.75 in the red. Cash activity so far this week has been $238-240 in the North, down $2-5 from last week, with Southern deals at $240. This morning’s Fed Cattle Exchange online auction showed $240 sales on 81 of...

Corn futures are showing fractional gains so far on the Friday session, following another acreage increase to a now record number. There were 48 deliveries issued against September corn futures overnight. The CmdtyView national average Cash Corn price is up 1/2 cent at $3.76 1/2. USDA’s monthly Crop Production report...