Insights and Stories on USDA

U.S. grains: Soybeans jump on inclement South American weather

Mar. 4, 2021 at 4:10 pm CST

Chicago | Reuters — U.S. soybean futures settled higher on Thursday as adverse weather across South America fueled concerns about a short-term supply crunch. The market briefly turned lower late in the trading session amid gains in the U.S. dollar that make U.S. farm goods less attractive to importers, traders […]

U.S. livestock: Lean hogs down off recent gains

Mar. 2, 2021 at 7:12 pm CST

By Tom Polansek

U.S. livestock: Hogs firm on follow-through buying, cash strength

Feb. 25, 2021 at 6:30 pm CST

By Mark Weinraub

U.S. grains: Weak export sales report pushes soy, wheat lower

Feb. 25, 2021 at 4:30 pm CST

By Mark Weinraub

U.S. Senate confirms Vilsack as Biden’s ag secretary

Feb. 23, 2021 at 7:52 pm CST

By Tom Polansek

U.S. livestock: Live cattle futures fall as supplies seen rising

Feb. 22, 2021 at 4:53 pm CST

Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by expectations of rising supplies as improving weather conditions in the southern U.S. Plains will allow meat processors to increase their slaughter, traders said. A deep freeze last week across Texas and the southern U.S. Plains caused power […]

By Mark Weinraub

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Feb. 19, 2021 at 7:17 pm CST

Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on […]

By Karl Plume

U.S. grains: Soybeans, corn slump on record USDA acreage projections

Feb. 18, 2021 at 7:11 pm CST

Chicago | Reuters — Corn and soybean futures retreated on Thursday after the U.S. Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record. U.S. wheat futures, meanwhile, climbed to the highest level in 2-1/2 weeks on […]

By Karl Plume

ICE weekly outlook: March canola contract not quite out of game

Feb. 17, 2021 at 7:54 pm CST

MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, according to Keith Ferley of RBC Dominion Securities in Winnipeg. Open interest in the March contract was around 15,000 as […]

By Glen Hallick - MarketsFarm

U.S. livestock: Cattle, hog futures sag as weather stalls slaughter pace

Feb. 17, 2021 at 7:41 pm CST

Chicago | Reuters — U.S. cattle and hog futures declined on Wednesday as wintry weather and power outages hampered meat-packing operations, slowing the pace of slaughter and reducing demand for market-ready animals, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.65 cents at 124.15 cents/lb., while the […]

By Julie Ingwersen