Insights and Stories on USDA

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 […]

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

Oct. 14, 2020 at 6:54 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans up on Chinese buying, Brazil weather

Oct. 14, 2020 at 4:26 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans rebound from prior day’s plunge

Oct. 13, 2020 at 8:01 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans fall as harvest pressure fills bulls’ void

Oct. 12, 2020 at 8:24 pm CDT

By Christopher Walljasper

U.S. livestock: Domestic demand boosts hog futures

Oct. 9, 2020 at 5:50 pm CDT

Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from […]

By Tom Polansek

U.S. grains: Soybean futures hit 2018 highs as supplies tighten

Oct. 9, 2020 at 4:32 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a […]

By Tom Polansek

USDA’s WASDE bullish for soy, corn, wheat

Oct. 9, 2020 at 4:19 pm CDT

MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, […]

By Marlo Glass – MarketsFarm

U.S. livestock: Hog futures hit highest since August 2019

Oct. 8, 2020 at 7:10 pm CDT

Chicago | Reuters — U.S. hog futures rose to their highest in more than a year on Thursday, as consumer demand for pork remained robust even as the weather turned cooler. The front-month hog contract has risen for seven days in a row. “The domestic demand is just on fire,” […]

By Mark Weinraub

U.S. grains: CBOT wheat falls after hitting highest since 2015

Oct. 8, 2020 at 2:48 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in […]

By Mark Weinraub