Insights and Stories on USDA

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Trump administration aims to buy milk, meat to help farmers, Perdue says

Apr. 16, 2020 at 1:17 pm CDT

Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday. The decision comes amid rising pressure from the U.S. farm lobby for […]

U.S. livestock: June hogs, cattle plunge limit down

Apr. 13, 2020 at 8:18 pm CDT

By Karl Plume

CBOT weekly outlook: Corn values stabilize

Apr. 9, 2020 at 8:30 pm CDT

By Marlo Glass – MarketsFarm

U.S. grains: Soybeans, wheat climb on currency

Apr. 9, 2020 at 8:22 pm CDT

By Christopher Walljasper

Low-path H7N3 bird flu believed to have gone high-path in U.S.

Apr. 9, 2020 at 7:47 pm CDT

By GFM Staff

USDA raises corn, soy, wheat supply outlook

Apr. 9, 2020 at 1:07 pm CDT

Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the alternative fuel has been cratering due to the spread of the COVID-19 coronavirus. The government also bumped up its wheat […]

By Mark Weinraub

USDA to probe surging beef prices versus falling cattle prices

Apr. 8, 2020 at 9:11 pm CDT

Chicago | Reuters — The U.S. Agriculture Department will investigate why a surge in beef prices because of coronavirus-related hoarding did not translate into higher cattle prices for farmers, Agriculture Secretary Sonny Perdue said on Wednesday. The investigation adds scrutiny on the small group of meat companies such as Tyson […]

By Tom Polansek

U.S. grains: Corn slumps as ethanol production hits decade low

Apr. 8, 2020 at 4:17 pm CDT

Chicago | Reuters — Chicago corn futures slumped on Wednesday, giving up part of the previous session’s gains, as the U.S. government reported the U.S. ethanol industry saw a near-decade low in weekly production amid massive stocks. Wheat futures followed in mid-day trading, as investors squared up their positions ahead […]

By Christopher Walljasper

U.S. grains: Corn rally sputters, wheat slides on growing conditions

Apr. 7, 2020 at 5:04 pm CDT

Chicago | Reuters — A rally in Chicago corn futures on Tuesday that was buoyed by a run-up in the energy market sputtered by day’s end as crude oil prices slipped. May corn futures climbed nearly two per cent in mid-day trading, but cut gains in half as crude oil […]

By Christopher Walljasper

Canola production paths diverge for Canada, Australia

Apr. 6, 2020 at 6:03 pm CDT

MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service […]

By Glen Hallick - MarketsFarm