Insights and Stories on USDA

U.S. grains: Soybeans hit four-year peak on Chinese demand

Oct. 26, 2020 at 4:56 pm CDT

Chicago | Reuters — U.S. soybean futures set their highest price in more than four years on Monday, rising for a sixth consecutive session on strong Chinese demand. Corn futures retreated from a 14-month peak hit on Friday, while wheat futures tumbled as global crop weather improved. Traders are keeping […]

U.S. livestock: Hog, live cattle futures up on bargain buying

Oct. 23, 2020 at 4:31 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures fall for third day in a row

Oct. 22, 2020 at 3:57 pm CDT

By Mark Weinraub

ICE weekly outlook: Will canola’s bull market continue?

Oct. 21, 2020 at 5:03 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans, corn rise on exports

Oct. 20, 2020 at 4:22 pm CDT

By Mark Weinraub

U.S. grains: CBOT wheat hits 2014 high on global crop concerns

Oct. 16, 2020 at 4:14 pm CDT

Chicago | Reuters — U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also […]

By Tom Polansek

U.S. grains: Wheat soars to five-year high

Oct. 15, 2020 at 7:32 pm CDT

Chicago | Reuters — Chicago wheat futures rallied to five-year highs on Thursday, as cuts to Argentina’s wheat outlook brought into focus the potential global supply damage possible due to dryness in top wheat producing countries, trader said. Corn followed wheat, climbing to 14-month highs and soybeans ended higher as […]

By Christopher Walljasper

U.S. livestock: Lean hog futures climb to more than 10-month high

Oct. 15, 2020 at 7:25 pm CDT

Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer […]

By Christopher Walljasper

ICE weekly outlook: Canola firm at midweek

Oct. 14, 2020 at 7:42 pm CDT

MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions […]

By Marlo Glass – MarketsFarm

U.S. livestock: Lean hogs up on lower-than-expected inventory

Oct. 14, 2020 at 6:54 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of […]

By Christopher Walljasper