Headlines

Alan Brugler - Barchart - 2 mins ago

Cotton settled with 27 to 43 point gains for the front months through Dec. The deferred contracts were 4 points in the red for March and 23 points lower in May. That expanded the new crop’s inverses to 35 points Dec to Mar and 30 points Mar to May. The... (full story)

Hogs Triple Digits in the Red

Alan Brugler - Barchart - 2 mins ago

Lean hog futures fell another triple digits in most contracts on Wednesday with $0.97 to $2 losses across the front months. For June that marked the 8th consecutive loss, 5 of which were triple digits, for a net $13.42 drop. USDA’s National Average Base Hog price was 38 cents lower... (full story)

HEJ23: 76.075s (-0.975), HEM23: 89.350s (-2.000), KMJ23: 82.425s (-1.675)

Cattle Faded through Thursday

Alan Brugler - Barchart - 2 mins ago

The front month fat cattle futures market ended the midweek trade 7 to 45 cents lower, but April closed $1.70 off its low for the day. USDA confirmed some cash trade from $162 to $165, and from $264 - $268 in the beef on Wednesday. The bulk of trading was... (full story)

LEJ23: 162.300s (-0.125), LEM23: 155.900s (-0.250), LEQ23: 155.975s (-0.075), GFH23: 188.250s (-0.525), GFJ23: 194.375s (-0.325)

Sharp Drop from CBT Wheat

Alan Brugler - Barchart - 2 mins ago

The wheat market continued lower on Wednesday, and SRW led the way down. The front month CBT futures closed with double digit losses of as much as 2.9%. KC wheat dropped ~1%, with 7 1/2 to 9 cent losses on the day. Spring wheat futures closed 8 to 12 cents... (full story)

ZWK23: 663-4s (-19-6), ZWN23: 674-6s (-17-6), ZWPAES.CM: 6.1067 (-0.2056), KEK23: 811-2s (-9-0), KEPAWS.CM: 7.7495 (-0.0678), MWK23: 833-6s (-12-0)

The 12th Consecutive Red Day for Nov Beans

Alan Brugler - Barchart - 2 mins ago

Soybean futures bled another 1.3% to 1.9% on Wednesday, with November closing in the red for the 12th consecutive session and more than $1 total drop. Soymeal prices ended the day 1.4% to 1.9% in the red, while bean oil closed down by 2.8%. The CME synthetic crush margin fell... (full story)

ZSK23: 1448-4s (-18-4), ZSPAUS.CM: 14.1286 (-0.1757), ZSN23: 1425-0s (-23-4), ZSQ23: 1378-0s (-25-4)

Mixed Close for Corn Market

Alan Brugler - Barchart - 2 mins ago

The old crop corn futures bounced back for a higher midweek close. May ended the day 10 1/4 cents off its session low with a 3 1/2 cent gain. The new crop prices stayed in the red, going home 1 3/4 to 2 1/4 cents lower. The FOMC raised short... (full story)

ZCK23: 633-4s (+3-4), ZCPAUS.CM: 6.3693 (+0.0326), ZCN23: 611-6s (+0-4), ZCU23: 561-6s (-1-6)

National Veal Market Summary

USDA - 28 mins ago

Click to view report lswveal.pdf in PDF format (full story)

National Daily Cattle Beef Summary Report

USDA - 33 mins ago

Click to view report lsddcbs.pdf in PDF format (full story)

Why Were Markets Slammed After the Fed?

Bill Baruch - Blue Line Futures - 44 mins ago

Stocks and risk-assets reversed sharply after Fed Chair Powell's press conference, but Gold and Bonds remained firm. (full story)

Shootin' the Bull about micro management

Chris Swift - Swift Trading Company - 44 mins ago

Another fairly big days range to settle closer to unchanged than at the top of bottom. The correction in price is believed micro management of purchases of feeder cattle and marketing at heavier weights by feedyards. (full story)

Shipping Point Vegetable Report, Import s - Miami, FL

USDA - 46 mins ago

MIAMI Shipping Point Prices as of 22-MAR-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)

Shipping Point Fruit Report, Import s - Miami, FL

USDA - 46 mins ago

MIAMI Shipping Point Prices as of 22-MAR-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)

Senators Reintroduce the Next Generation Fuels Act

Jenna Hoffman - AgWeb - 46 mins ago

The renewable fuel industry saw a wave of attention on Capitol Hill this month with the House and Senate pushing year-round E15 legislation last week and the Senate reintroducing the Next Generation Fuels Act on Wednesday. Sens. Chuck Grassley... (full story)

ZCK23: 633-4s (+3-4), ZSK23: 1448-4s (-18-4), ZWK23: 663-4s (-19-6)

Supreme Court to decide Clean Water Act enforcement case

Larry Lee - Brownfield Ag News - 50 mins ago

The Supreme Court has been asked to determine who has the primary authority to enforce the Clean Water Act. A South Carolina case involves Arabella Farm and its efforts to clear about 20 acres near a river and two streams for a vineyard,... (full story)

National Truck Shipments and Imports (Movement) Report in Packages

USDA - 57 mins ago

REPORTING OFFICE: WASHINGTON MAR 22 2023 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE MAR 21 2023 ... (full story)

National Truck Shipments and Imports (Movement) Report in 10,000 lb units

USDA - 57 mins ago

REPORTING OFFICE: WASHINGTON MAR 22 2023 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE MAR 21 2023 ... (full story)

Truck Shipments (Movement) in 10,000 lb Units - El Centro, CA

USDA - 1 hr 3 mins ago

REPORTING OFFICE: EL CENTRO MAR 22 2023 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE MAR 21 2023 *MODE IS TRUCK... (full story)

Taylor leads first agribusiness trade mission in Panama

Rhiannon Branch - Brownfield Ag News - 1 hr 5 mins ago

A USDA trade mission in Panama this week is working to expand market opportunities for US ag goods. Undersecretary for Trade and Foreign Ag Affairs Alexis Taylor says the delegation had more than 300 meetings with interested buyers across the... (full story)

Wholesale Market Asian F&V Report - San Francisco, CA

USDA - 1 hr 5 mins ago