Insights and Stories on USDA

CBOT weekly outlook: USDA acreage numbers provide bullish spark for corn, soy

Mar. 31, 2021 at 9:54 pm CDT

MarketsFarm — Much-anticipated acreage estimates from the U.S. Department of Agriculture, on Wednesday provided a bullish boost to Chicago Board of Trade (CBOT) soybean and corn markets, with planting intentions for both crops coming in well below trade expectations. Corn futures were up by their 25 cents per bushel daily […]

U.S. grains: Soy, corn limit-up on planting intentions

Mar. 31, 2021 at 8:18 pm CDT

By Christopher Walljasper

U.S. grains: Soy, corn, wheat futures slide ahead of USDA data

Mar. 30, 2021 at 7:36 pm CDT

By Julie Ingwersen

U.S. grains: Corn falls one per cent, soy drifts lower

Mar. 29, 2021 at 6:40 pm CDT

By Julie Ingwersen

U.S. grains: Soybeans follow veg oils lower

Mar. 26, 2021 at 7:00 pm CDT

By Christopher Walljasper

U.S. livestock: Hog futures notch new highs on tight supply

Mar. 26, 2021 at 6:56 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange found life-of-contract highs for a second day on Friday after the U.S. Agriculture Department reported tight supplies in its quarterly hogs and pigs report after the close Thursday. CME April lean hogs settled up 1.125 cents at 100.8 […]

By Christopher Walljasper

U.S. grains: Wheat hits three-month low on supply prospects

Mar. 25, 2021 at 6:01 pm CDT

Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said. Corn and soybean futures also eased, following broad declines in commodities along with […]

By Julie Ingwersen

USDA plans more pandemic programs for disadvantaged farmers

Mar. 24, 2021 at 8:05 pm CDT

Chicago | Reuters — The U.S. Department of Agriculture said on Wednesday it will dedicate at least US$6 billion to help smaller-scale and socially disadvantaged farmers who were hurt by the pandemic, along with producers of organic food and other specialty crops. The agency said it would also increase by […]

By Tom Polansek

ICE weekly outlook: Canola still finding support

Mar. 24, 2021 at 7:54 pm CDT

MarketsFarm — The ICE Futures canola market saw some wide price swings over the week ended Wednesday, dropping by more than $50 per tonne off its contract highs in the nearby May contract before recovering to trade just a few dollars off of those levels once again. Tight canola supplies, […]

By Phil Franz-Warkentin

CBOT weekly outlook: Markets move ahead of USDA report

Mar. 24, 2021 at 7:40 pm CDT

MarketsFarm — Chicago Board of Trade (CBOT) market participants are awaiting next week’s prospective plantings report from the U.S. Department of Agriculture (USDA), due out March 31. Ahead of the report, average trade estimates predict 93 million acres of corn, 90 million acres of soybeans and 46 million acres of […]

By Adam Peleshaty