Insights and Stories on USDA

U.S. livestock: Live cattle futures drift lower on technical selling

Jan. 8, 2021 at 7:56 pm CST

Chicago | Reuters — U.S. cattle futures closed lower on Friday on light technical selling, with the spot February contract pressured as speculators rolled long positions into forward months, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.5 cent at 114.475 cents/lb. (all figures US$). Friday […]

U.S. grains: Soybeans to 6-1/2-year top on expectations of tightening stocks

Jan. 8, 2021 at 5:43 pm CST

By Julie Ingwersen

U.S. grains: Soy, corn futures ease off six-year highs

Jan. 7, 2021 at 3:18 pm CST

By Julie Ingwersen

U.S. grains: Soybeans set fresh high on supply worries, technical buying

Jan. 5, 2021 at 4:54 pm CST

By Julie Ingwersen

U.S. livestock: Cattle futures weaken on technical setback

Dec. 21, 2020 at 6:25 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures firm

Dec. 17, 2020 at 6:41 pm CST

Chicago | Reuters — U.S. cattle futures rose to a two-week high on Thursday, their second straight day of gains, on technical buying, traders said. Hog futures were weaker despite signs of strong pork exports and firm demand from China. Chicago Mercantile Exchange (CME) February live cattle futures settled up […]

By Mark Weinraub

Detail from the front of the CBOT building in Chicago.

CBOT weekly outlook: $12 soybeans possible

Dec. 16, 2020 at 8:26 pm CST

MarketsFarm — There’s a good chance that soybeans on the Chicago Board of Trade (CBOT) could reach US$12 per bushel before the end of December, according to grains analyst Terry Reilly of Futures International in Chicago. “It’s very possible. We’re not too far away from it. We also got close […]

By Glen Hallick - MarketsFarm

U.S. livestock: Hog futures rally on technical buying

Dec. 15, 2020 at 7:20 pm CST

Chicago | Reuters — U.S. lean hog futures rose slightly on Tuesday on follow-through buying from a rally on Monday, traders said. Cattle futures eased, pressured by recent weakness in the cash markets as well as some technical sales. Chicago Mercantile Exchange (CME) February lean hogs rose 0.775 cent to […]

By Mark Weinraub

U.S. grains: Corn, soy retreat as USDA’s supply cuts disappoint

Dec. 10, 2020 at 6:33 pm CST

Chicago | Reuters — U.S. corn and soybean futures turned lower on Thursday after the U.S. Department of Agriculture (USDA) trimmed its soybean supply outlook by less than expected and left its corn stocks view unchanged in an monthly report. Wheat futures pulled back from early highs on spillover pressure […]

By Karl Plume

CBOT weekly outlook: Some surprises in USDA’s WASDE

Dec. 10, 2020 at 4:07 pm CST

MarketsFarm — The U.S. Department of Agriculture has thrown a few curveballs in an otherwise mundane supply-and-demand report issued Thursday, according to broker Ryan Ettner of Allendale Inc. at McHenry, Ill. Although USDA, in its December world agricultural supply and demand estimates (WASDE), lowered soybean ending stocks for the 2020-21 […]

By Glen Hallick - MarketsFarm