Insights and Stories on USDA

U.S. grains: Soybeans touch two-year top on China buying spree

Sep. 17, 2020 at 6:34 pm CDT

Chicago | Reuters — U.S. soybean futures extended their rally on Thursday, rising 1.7 per cent to set a two-year high as brisk demand from China continued to support the oilseed market. Corn rose as the strength in soybeans overshadowed pressure from a smaller-than-expected Chinese corn import quota. Wheat futures […]

U.S. grains: Soy jumps on China demand, fund-driven buying

Sep. 16, 2020 at 4:22 pm CDT

By Julie Ingwersen

CBOT weekly outlook: Chinese demand leading factor in bullish soy market

Sep. 16, 2020 at 3:23 pm CDT

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans top $10 a bushel on Chinese demand, smaller crop

Sep. 14, 2020 at 6:03 pm CDT

By Julie Ingwersen

U.S. grains: Soy rallies on expectations for higher exports

Sep. 11, 2020 at 4:29 pm CDT

By Tom Polansek

USDA lowers soy, corn yield expectations

Sep. 11, 2020 at 2:06 pm CDT

MarketsFarm — Adverse weather over the past month cut into the yield prospects for soybeans and corn in the U.S., according to updated estimates released Friday from the U.S. Department of Agriculture. Average soybean yields in the country are now forecast at 51.9 bushels per acre. That was down from […]

By MarketsFarm Team

U.S. livestock: Hog futures rise as cash values firm

Sep. 9, 2020 at 7:21 pm CDT

Chicago | Reuters — U.S. lean hog futures rose on Wednesday, reaching a four-month high on firming cash hog prices, optimism about pork demand and technical buying, analysts said. The Chicago Mercantile Exchange October lean hog futures contract settled above its 200-day moving average, rising 1.475 cents to end at […]

By Julie Ingwersen

CBOT weekly outlook: Export demand underpins commodities

Sep. 9, 2020 at 6:09 pm CDT

MarketsFarm — Commodity prices on the Chicago Board of Trade (CBOT) have found support from recent increases in global export demand. China has purchased nearly 900,000 tonnes of soybeans for delivery during the current marketing year, which began on Sept. 1. “It’s all about Chinese demand,” said Terry Reilly of […]

By Marlo Glass – MarketsFarm

U.S. rolls back inspection rules for egg products

Sep. 9, 2020 at 12:50 am CDT

Chicago | Reuters — The Trump administration said Wednesday it will stop requiring U.S. plants that produce egg products to have full-time government inspectors, in the first update of inspection methods in 50 years. Under a new rule that takes effect immediately, the U.S. Department of Agriculture will allow companies […]

By Tom Polansek

U.S. grains: Soybeans climb on increased Chinese demand

Sep. 3, 2020 at 6:01 pm CDT

Chicago | Reuters — Chinese buying pushed U.S. soybean futures to their highest prices in more than two years on Thursday, while corn and wheat futures slumped. The U.S. Department of Agriculture confirmed private exporters sold 132,000 tonnes of U.S. soybeans to China and another 318,000 tonnes to unknown destinations, […]

By Tom Polansek