The Latest Breaking News from USDA

Federal workers say they have little choice but to depart, with 100,000 leaving under deferred resignation program

Lean hog futures were in rally mode on Friday, as contracts were up $1.40 to $2.50 on the day. October was up $3.52 this week. USDA’s national base hog prices from the Friday afternoon report were down $1.32 from the day prior at $103.18. The CME Lean Hog Index was...

Live cattle futures saw a mixed Friday close, as contracts were steady to 25 cents lower and deferreds up 40 to 50 cents. October was down $1.77 this week. Cash trade settled in at $235 in the North this week, $3 lower, with Southern action at $235-237, down $3. The...

Soybeans posted Friday gains of 1 to 2 cents at the close, with Novemb falling back another 11 ¾ cents since last Friday. The cmdtyView national average Cash Bean price was 1 1/2 cents higher at $9.38 3/4. Soymeal futures were up 20 cents to $3.60, as October fell back...

Corn futures posted losses of 3 to 4 cents across the front months on Friday, with December slipping back 2 cents this week. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $3.78. Friday afternoon’s Commitment of Traders report indicated managed money adding back 14,624 contracts...

Cotton futures posted gains heading into the weekend as contracts were mostly steady to 12 points higher. December was up 11 points this week. The US dollar index was back down $0.370 on the day to $97.845, with crude oil futures 22 cents higher. Commitment of Traders data showed the...

October NY world sugar #11 (SBV25 ) on Friday closed up +0.11 (+0.70%), and December London ICE white sugar #5 (SWZ25 ) closed down -1.90 (-0.41%). Sugar prices settled mixed on Friday, with NY sugar climbing to a 1.5-week high. Strength in crude prices sparked some short covering in sugar...

Cotton futures are trading with slight gains on Friday, as in delivery October is down 21 points. The US dollar index is back down $0.335 on the day to $97.880, with crude oil futures 83 cents higher. Export Sales data from Thursday showed a total of 4.059 million RB of...

The wheat market is trading with Friday losses across the three markets. CBT soft red wheat futures are trading with midday losses of 7 to 7 ¼ cents on Friday. KC HRW futures are 7 to 8 cents lower at midday. MPLS spring wheat futures are back down 5 to...

Lean hog futures are trading with $1.50 to $2.75 gains across most contracts on Friday. USDA’s national base hog prices from the Friday morning report were up 18 cents from the day prior at $104.20. The CME Lean Hog Index was back up a 6 cents on September 24 at...

Soybeans are showing slight 1 to 2 cent gains across most front months on Friday. The cmdtyView national average Cash Bean price is 1 1/4 cents higher at $9.37 1/2. Soymeal futures are up 80 cents to $1.10 at midday, with Soy Oil futures 8 to 10 points higher. USDA’s...