Insights and Stories on USDA

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

Jun. 11, 2020 at 5:24 pm CDT

Chicago | Reuters — Chicago wheat futures slid on Thursday after the U.S. Department of Agriculture estimated global stocks were at a record high in its monthly supply and demand report, traders said. Soybean futures ended nearly unchanged as the USDA lowered export expectations, even after recent purchases from China […]

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

By Christopher Walljasper

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

Jun. 9, 2020 at 6:27 pm CDT

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

U.S. livestock: Live cattle firm on economic optimism

Jun. 4, 2020 at 6:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second day on Thursday on technical buying and optimism that the U.S. economy may be on the upswing, analysts said. However, gains in nearby contracts trailed those in deferred months as a backlog of market-ready cattle and […]

By Julie Ingwersen

U.S. grains: Wheat soars as export outlook brightens

Jun. 4, 2020 at 6:10 pm CDT

Chicago | Reuters — U.S. soybean futures hit their highest levels in nearly two months on Thursday and wheat futures rose more than two per cent as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. Chicago Board of Trade […]

By Julie Ingwersen