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Wholesale Cash Prices

NEW YORK (AP) — Wholesale cash prices Friday

Thu Fri

Foods

Broilers – National comp wtd. avg. 1.1678 1.1678
Cheddar cheese, blocks, Chicago lb. 151.00 149.50
Coffee, Brazilian, Comp. 3.4454 3.2489
Coffee, Colombian, NY lb. 4.1226 3.9109
Eggs, large white, Chicago dozen 0.6850 0.6850
Flour, hard winter Kansas City cwt 19.85 20.20
Hogs, Iowa-South Minnesota avg. cwt 89.89 89.17
Pork loins, 13-19 lbs, Mid-US lb 1.1452 1.1046
Steers, feeder, Oklahoma City, avg cwt 381.25 381.25

Grains and feeds

Corn, No. 2 yellow. Cent. Ill. bu 5.0000 4.9600
Oats, No. 2 milling, Mnpls; $ per bu. 3.6350 3.6475
Soybean Meal, Cent. Ill., rail, ton 48% n.a. n.a.
Soybeans, No. 1 yellow Illinois, bu 12.5800 12.6000
Wheat, Spring 14%-pro Mnpls; $/bu. n.a. 8.8275

Fats and oils

Degummed corn oil, crude wtd. avg. n.a. n.a.
Soybean oil, crude; Central Illinois lb. 0.7185 0.7185

Other metals

Copper, high grade: Comex spot price $ per lb. 6.5945 6.5870

Fibers and textiles

Cotton, 1 1/16 strand lw-md Mmphs, per lb 0.8402 0.8731

Energy

Coal, Central Appalachia, 12,500 Btu, 1.2 SO2 81.000 81.000

Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

WASHINGTON (AP) — President Donald Trump said Friday that his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost. Trump in a social media post announcing the agreement said it was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela’s acting President Delcy Rodríguez. “The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump wrote. Rodríguez’s government in a statement said the deal involves the development of 17 fields with a proven potential of 65 billion barrels. It said the agreement could draw $100 billion in investment into Venezuela's oil industry and yield over $209 billion in taxes for Caracas.
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