Insights and Stories on USDA

U.S. grains: Soybeans gain on hope of continued China purchasing

Jun. 12, 2020 at 5:17 pm CDT

Chicago | Reuters — Chicago soybean futures rallied late on Friday as hopes of continued U.S. exports to top-importer China supported prices. Wheat futures rebounded after touching a three-week low at the Chicago Board of Trade earlier in the session, as the U.S. government’s forecast for a record world wheat […]

CBOT weekly outlook: WASDE largely neutral for soy, corn

Jun. 11, 2020 at 5:34 pm CDT

By Marlo Glass – MarketsFarm

U.S. grains: Wheat declines as USDA estimates record global stocks

Jun. 11, 2020 at 5:24 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans gain on China demand

Jun. 10, 2020 at 7:53 pm CDT

By Christopher Walljasper

U.S. livestock: Hogs weaken on expectations for abundant supplies

Jun. 10, 2020 at 7:46 pm CDT

By Tom Polansek

U.S. grains: Soybeans pare losses as China buys more

Jun. 9, 2020 at 6:39 pm CDT

Chicago | Reuters — Chicago soybean futures pared losses on Tuesday as traders said that China was purchasing more U.S. soy, after the market slumped earlier on improved crop progress outlooks. Chicago wheat and corn fell on the U.S. Department of Agriculture’s assessment of crop conditions, which analysts viewed as […]

By Christopher Walljasper

U.S. livestock: Live cattle set one-week highs in rebound

Jun. 9, 2020 at 6:27 pm CDT

Chicago | Reuters — U.S. live cattle futures rose on Tuesday, reaching one-week highs in a rebound from losses last week, as traders noted that meat companies have been slaughtering more livestock. The number of livestock being killed each day has recovered from April and May, when processors temporarily shut […]

By Tom Polansek

Demand pushes up cash prices for oats

Jun. 8, 2020 at 8:07 pm CDT

MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott […]

By Glen Hallick - MarketsFarm

U.S. livestock: Live cattle stabilize, beef prices fall further

Jun. 8, 2020 at 7:26 pm CDT

Chicago | Reuters — U.S. live cattle futures stabilized on Monday after falling last week as beef prices weakened, traders said. The market is expected to remain under pressure as beef production continues to recover from disruptions in April and May linked to coronavirus outbreaks among workers at meatpacking plants. […]

By Tom Polansek

U.S. grains: Wheat falls as dollar bounces

Jun. 5, 2020 at 5:52 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Friday, pressured by a firmer dollar, which makes U.S. grains less competitive globally, and expectations of a busy harvest weekend in the breadbasket of the U.S. Plains, analysts said. Soybeans closed steady to higher and posted a weekly rise of about […]

By Julie Ingwersen