Insights and Stories on USDA

USDA expects record world wheat crop in 2021-22

May. 12, 2021 at 5:01 pm CDT

MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world […]

U.S. grains: Soybeans reach highest since 2012 on supply woes

May. 12, 2021 at 4:52 pm CDT

By Julie Ingwersen

U.S. grains: Corn, soy, wheat dip ahead of WASDE

May. 10, 2021 at 4:11 pm CDT

By Christopher Walljasper

U.S. grains: Corn, soy futures hit multi-year highs on supply fears

May. 7, 2021 at 8:26 pm CDT

By Tom Polansek

U.S. livestock: Cattle, hog futures rise with wholesale meat prices

May. 6, 2021 at 7:36 pm CDT

By Tom Polansek

CBOT weekly outlook: Look for May USDA report to be bullish

May. 5, 2021 at 9:34 pm CDT

MarketsFarm — With the next supply and demand estimates from the U.S. Department of Agriculture (USDA) a week away, broker Ryan Ettner provided his outlook on the report. “[Soybean] exports have been good enough to meet the USDA’s expectations,” but maybe not enough to adjust any of their numbers, said […]

By Glen Hallick - MarketsFarm

U.S. livestock: Live cattle gain on grain market uncertainty

Apr. 29, 2021 at 5:29 pm CDT

Chicago | Reuters — U.S. live cattle futures gained on Thursday, as mixed grain trade offered some relief for feed costs, while strong beef demand continued to support prices, traders said. CME’s June live cattle futures added 0.6 cent to 116.05 cents/lb., while August feeder cattle futures gained 0.975 cents […]

By Christopher Walljasper

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs

Apr. 27, 2021 at 7:05 pm CDT

Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early doubts over harvest prospects in top exporters Brazil and the United States. A sharp decline in weekly U.S. wheat crop […]

By Christopher Walljasper

U.S. grains: Corn nears eight-year high on tight supplies

Apr. 26, 2021 at 6:15 pm CDT

Chicago | Reuters — Chicago corn futures climbed on Monday to their highest since June 2013 as concerns about South American supplies buoyed the market. Strength in corn pulled wheat and soybeans to eight-year highs. Chicago Board of Trade most-active July corn ended limit up at $6.57-1/2 per bushel (all […]

By Christopher Walljasper

U.S. livestock: Cattle futures climb on USDA report

Apr. 26, 2021 at 5:57 pm CDT

Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live cattle futures settled 0.55 cent higher at 116.275 cents/lb. while the August contract ended 1.1 cents higher at 117.95 cents […]

By Christopher Walljasper