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BIZARRE: 39 | Mind Blowing Facts

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

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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

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

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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

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

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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...

Barchart

Hogs Weakness Extending to Tuesday

Lean hog futures are trading with 25 to 92 cent losses across the front months on Tuesday. USDA’s national base hog price was reported at $84.92 on Tuesday morning. The CME Lean Hog Index was 11 cents lower on Feb 6 at $86.46. USDA’s pork carcass cutout value from Tuesday...

Barchart

Corn Ticking Higher Following Bull Friendly USDA Report

Corn futures are trading with fractional to penny gains so far on Tuesday, following friendly USDA report. The CmdtyView national average Cash Corn price is up ¾ cent at $3.96. The monthly WASDE update from the USDA showed the US ending stocks cut by 100 mbu, with carryout projected at...

Barchart

Sugar Prices Retreat as the World is Awash in Sugar

March NY world sugar #11 (SBH26 ) today is down -0.21 (-1.46%), and March London ICE white sugar #5 (SWH26 ) is down -7.20 (-1.78%). Sugar prices are retreating today, with London sugar falling to a 5-year nearest-futures low. Sugar prices have been in a gradual decline over the past...

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Barchart

Hogs Post Monday Weakness

Lean hog futures were under pressure on Monday, with contracts closing 27 cents to $1.22 lower. Open interest suggested net new selling, down 2,188 contracts on Monday. USDA’s national base hog price was not reported on Monday afternoon due to low volume. The CME Lean Hog Index was 19 cents...

Barchart

Soybeans Trading Higher Ahead of USDA Report

Soybeans are trading with 3 to 5 ½ cent gains on Tuesday morning. Futures posted Monday gains of 3 to 5 cents. Open interest was up 5,376 contracts on Monday, with 21,516 contracts rolling out of March. The cmdtyView national average Cash Bean price was down 4 ¼ cents at...

The Texas Tribune

“We are ready”: Ag Secretary Brooke Rollins says U.S., Texas ready to fight parasitic fly

The New World Screworm fly poses a billion-dollar threat to the state’s economy.

Barchart

Hogs Close with Weakness on Monday

Lean hog futures were under pressure on Monday, with contracts closing 27 cents to $1.22 lower. USDA’s national base hog price was not reported on Monday afternoon due to low volume. The CME Lean Hog Index was 19 cents higher on Feb 4 at $86.57. USDA’s pork carcass cutout value...

Barchart

Soybeans See Monday Weakness, Despite Export Business

Soybeans posted Monday gains of 3 to 5 cents. The cmdtyView national average Cash Bean price was down 4 ¼ cents at $10.45 1/2. Soymeal futures were a dime to $5.80 lower, with Soy Oil futures were 102 to 136 points in the green on the day. USDA reported a...

The Independent UK

The US has a new center in Texas to disperse sterile screwworm flies to block a parasite it spawns

The U.S. has opened its first center for dispersing sterile screwworm flies from U.S. soil in decades in southern Texas

Barchart

Soybean Market Bulls Gain Footing with Monthly USDA Report on Deck

Tuesday’s USDA supply and demand report is expected to show very little changed in soybean, corn, and winter wheat.

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