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The Latest Breaking News from USDA

House farm bill would set hemp testing, pesticide label authority

The House Agriculture Committee unveiled a five-year farm bill that could divide members across regional lines as much as political ones.

Roll Call

Hog Look to Round Out Week of Losses

Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. Feb expires on Thursday. Longs continue to exit, with open interest dropping 6,666 contracts. USDA’s national base hog price was reported at $86.95 on Thursday afternoon, down $1.22 from the...

Barchart

Cattle Look to Friday Following Thursday Weakness

Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,272 head offered, with bids...

Barchart

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There's a Secret Code Hidden Within Your Favorite Flowers – Here’s What These 9 Spring and Summer Blooms Actually Mean

The Victorians created an entire language based around flower meanings. (PS take it as a warning if someone gifts you lavender)

Homes & Gardens

Hog Losses Continue on Thursday

Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. USDA’s national base hog price was reported at $86.95 on Thursday afternoon, down $1.22 from the day prior. The CME Lean Hog Index was 20 cents higher on Feb 6...

Barchart

Soybeans Rally on Thursday

Soybeans posted front month gains of 11 to 13 ¼ cents on Thursday, with new crop November up 5 ¾ cents. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $10.72 1/2. Soymeal futures were $4.00 to $4.70 higher on the day, with Soy Oil futures...

Barchart

Cattle Slip Back on Thursday

Barchart

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Sugar Prices Tumble as Global Stockpiles Expand

March NY world sugar #11 (SBH26 ) on Thursday closed down -0.09 (-0.65%), and March London ICE white sugar #5 (SWH26 ) closed down -11.10 (-2.87%). Sugar prices extended their 5-month-long plunge on Thursday and fell to 5.25-year nearest-futures lows. Concerns that a global sugar surplus will persist are hammering...

Barchart

Hogs Continue Losses on Thursday

Lean hog futures are extending this week’s losses, as contracts re down $2 to $2.50, with soon to expire February 15 cents lower. USDA’s national base hog price was reported at $87.00 on Thursday morning, down $1.28 from the day prior. The CME Lean Hog Index was 20 cents higher...

Barchart

Soybeans Continuing Gains into Thursday's Midday

Soybeans are trading with 7 to 10 cent gains on Thursday int eh front months. The cmdtyView national average Cash Bean price is up 9 1/4 cents at $10.68 1/2. Soymeal futures are $4.50 to $5 higher on the day, with Soy Oil futures 5 to 10 points lower. A...

Barchart

Sugar Prices Sink to 5-Year Lows on Abundant Supplies

March NY world sugar #11 (SBH26 ) today is down -0.06 (-0.43%), and March London ICE white sugar #5 (SWH26 ) is down -8.20 (-2.12%). Sugar prices extended their 5-month-long plunge today and posted 5.25-year nearest-futures lows. Concerns that a global sugar surplus will persist are hammering prices. Last Wednesday,...

Barchart

In Arkansas and Illinois, Groceries Just Got Cheaper, But Not By Much

Arkansas and Illinois are the most recent states to repeal sales tax on groceries. Will it really help shoppers with their food bills?

Kiplinger

Hogs Look to Thursday After Week of Losses

Lean hog futures closed the Wednesday session with contracts down 55 cents to $1.65, with nearby February up a nickel. Open interest hinted at long liquidation, down 2,261 contracts. USDA’s national base hog price was reported at $88.17 on Wednesday afternoon, up 43 cents from the day prior. The CME...

Barchart

Hogs Extend Losses on Wednesday

Lean hog futures closed the Wednesday session with contracts down 55 cents to $1.65, with nearby February up a nickel. USDA’s national base hog price was reported at $88.17 on Wednesday afternoon, up 43 cents from the day prior. The CME Lean Hog Index was 14 cents lower on Feb...

Barchart

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Barchart

Sugar Prices Slump on Robust Global Supplies

March NY world sugar #11 (SBH26 ) on Wednesday closed down -0.28 (-1.98%), and March London ICE white sugar #5 (SWH26 ) closed down -10.90 (-2.74%). Sugar prices extended their 3-month-long selloff on Wednesday, tumbling to 5.25-year nearest-futures lows. Concerns that a global sugar surplus will persist are hammering prices....

Barchart

Hogs Extending Losses to Wednesday

Lean hog futures are trading with nearby February up a nickel and other contracts down $1 to $1.20. USDA’s national base hog price was reported at $88.28 on Wednesday morning, up $3.36 from the day prior. The CME Lean Hog Index was 14 cents lower on Feb 6 at $86.32....

Barchart

Wheat Rallying on Wednesday

The wheat complex is pushing higher so far on Wednesday. Chicago SRW futures are trading with 5 to 7 cent gains so far. KC HRW futures are up 5 to 7 cents on Wednesday. MPLS spring wheat is steady to fractionally higher at midday Export Sales data from USDA will...

Barchart

Sugar Prices Plummet on the Outlook for Global Sugar Surpluses to Persist

March NY world sugar #11 (SBH26 ) today is down -0.28 (-1.98%), and March London ICE white sugar #5 (SWH26 ) is down -11.10 (-2.794%). Sugar prices extended their 3-month-long selloff today, sinking to 5.25-year nearest-futures lows. Concerns that a global sugar surplus will persist are hammering prices. Last Wednesday,...

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Barchart

Hogs Look to Wednesday Following Early Week Losses

Lean hog futures closed the Tuesday session with contracts 25 cents to $1.25 lower. Open interest showed modest new selling interest, up 1,577 contracts. USDA’s national base hog price was reported at $87.74 on Tuesday afternoon. The CME Lean Hog Index was 11 cents lower on Feb 6 at $86.46....

Barchart

Corn Closes Firmer on Tuesday, as USDA Trims Carryout

Corn futures posted steady to penny higher across the front months on Tuesday. The CmdtyView national average Cash Corn price was steady at $3.95 1/4. The average close for December futures in February has been $4.58, as the base spring price for crop insurance is underway. The monthly WASDE update...

Barchart

Cotton Closes Near Unchanged on Tuesday

Cotton futures fell from early session highs, as contracts closed within 5 points of unchanged on Tuesday. Crude oil futures are down $0.16 per barrel on the day at $64.20. The US dollar index was up $0.042 to $96.730. USDA’s update to the WASDE balance sheet showed a 200,000 bale...

Barchart

Hogs Post Weakness on Tuesday

Lean hog futures closed the Tuesday session with contracts 25 cents to $1.25 lower. USDA’s national base hog price was reported at $87.74 on Tuesday afternoon. The CME Lean Hog Index was 11 cents lower on Feb 6 at $86.46. USDA’s pork carcass cutout value from Tuesday afternoon report was...

Barchart

Wheat Posts Mixed Trade on Tuesday

The wheat complex was mixed across the three markets on Tuesday. Chicago SRW futures were fractionally lower on the day. KC HRW futures saw 1 to 3 cent gains on Tuesday. MPLS spring wheat was 1 to 2 ¼ cents higher on the day. USDA released updated WASDE data this...

Barchart

What Were My Thoughts on Tuesday's USDA Nonsense?

The title probably gives away what I thought of the February round of USDA's Supply and Demand reports.

Barchart

Ample Global Sugar Supplies Weigh on Prices

March NY world sugar #11 (SBH26 ) on Tuesday closed down -0.23 (-1.60%), and March London ICE white sugar #5 (SWH26 ) closed down -7.30 (-1.80%). Sugar prices retreated on Tuesday, with London sugar falling to a 5-year nearest-futures low. Sugar prices have been in a gradual decline over the...

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