Insights and Stories on USDA

ICE weekly outlook: Potential remains for higher canola prices

Jan. 20, 2021 at 6:24 pm CST

MarketsFarm — Canola prices fell back during the course of the last week, but should begin to move higher going into the coming week, according to trader Ken Ball of PI Financial in Winnipeg. Canola likely “reached the top” last week with profit-taking having set in, he said, noting a […]

U.S. livestock: Lean hogs climb on falling grain futures

Jan. 20, 2021 at 5:40 pm CST

By Reuters

U.S. livestock: Cattle futures strengthen ahead of USDA report

Jan. 19, 2021 at 7:35 pm CST

By Reuters

USDA unveils more COVID-19 aid, mostly for livestock farmers

Jan. 15, 2021 at 5:31 pm CST

By Reuters

U.S. grains: Wheat rises on Russian export tax plan

Jan. 15, 2021 at 5:20 pm CST

By Mark Weinraub

U.S. grains: Soybeans, corn, wheat rally

Jan. 14, 2021 at 4:17 pm CST

Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said. Corn futures also rallied, with the market receiving a boost after the U.S. Environmental Protection Agency said […]

By Mark Weinraub

U.S. livestock: Cattle, hog futures fall as corn rises

Jan. 14, 2021 at 3:51 pm CST

Chicago | Reuters — CME feeder cattle futures fell on Thursday, retreating back toward a three-month low on prospects for increased input costs for livestock operators due to surging corn prices. “It is the rising feed costs,” said Alan Brugler, president of Brugler Marketing + Management. “With the corn being […]

By Reuters

ICE weekly outlook: WASDE spillover boosts canola

Jan. 13, 2021 at 8:01 pm CST

MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in turn spilled over into canola. The most significant factors in USDA’s world agricultural supply and demand estimates (WASDE) were further […]

By Glen Hallick - MarketsFarm

U.S. grains: CBOT corn touches 7-1/2-year high

Jan. 13, 2021 at 7:22 pm CST

Chicago | Reuters — U.S. corn futures rose 1.4 per cent on Wednesday, hitting a 7-1/2-year high with the market focused on prospects for tight global supplies after the U.S. Department of Agriculture cut production estimates for the U.S., Brazil and Argentina. “The number on corn was a game changer […]

By Mark Weinraub

U.S. grains: Futures surge to highest since 2014 as USDA cuts supply outlook

Jan. 12, 2021 at 8:41 pm CST

Chicago | Reuters — U.S. corn, soybean and wheat futures surged to fresh multi-year highs on Tuesday after the U.S. Department of Agriculture (USDA) said 2020 U.S. corn and soy harvests were smaller than expected and stocks of key crops were thinner that previously thought. Corn jumped by as much […]

By Karl Plume