Insights and Stories on USDA

Apr. 5, 2021 at 9:32 pm CDT

Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Lower flesh yearlings appeared to trade $2-$3 higher in certain pockets of Alberta but replacements carrying excessive butter experienced severe discounts of $6 to as much as $10 in some cases. October and December live cattle futures made […]

By Jerry Klassen

Apr. 5, 2021 at 5:10 pm CDT

MarketsFarm — Japan has continued to generate an increased demand for canola, according to Daisuke Sasatani, the U.S. Department of Agriculture’s (USDA) attaché in Tokyo. Sasatani said approximately 98 per cent of Japan’s canola imports are from Canada, while Australia supplies the remainder. The attaché estimated Japan’s canola imports in […]

By MarketsFarm Team

Apr. 5, 2021 at 4:41 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Monday on concerns about U.S. supplies dwindling due to strong export demand and smaller-than-expected plantings. The U.S. Department of Agriculture shocked traders last week by reporting that U.S. farmers plan to sow 87.6 million acres with soybeans this […]

By Tom Polansek

Apr. 1, 2021 at 6:04 pm CDT

Chicago | Reuters — U.S. nearby corn futures declined on Thursday on profit-taking after the benchmark contract climbed to its highest since 2013, bolstered by a U.S. Department of Agriculture (USDA) report that projected smaller-than-expected plantings and rekindled worries over global grain supplies. Nearby soybean futures also fell on profit-taking, […]

By Julie Ingwersen

Apr. 1, 2021 at 4:53 pm CDT

MarketsFarm — After May and July canola contracts took hefty hits over the past the week, they skyrocketed to close out the calendar month following a pair of reports from the U.S. Department of Agriculture (USDA). The department on Wednesday issued its first survey-based prospective planting report for 2021, which […]

By Glen Hallick - MarketsFarm