The Latest Breaking News from USDA

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 · Feb 12

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 · Feb 12

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 · Feb 12

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 · Feb 11

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 · Feb 11

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 · Feb 11

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,...

Barchart · Feb 11

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 · Feb 11

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 · Feb 10

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 · Feb 10