Insights and Stories on USDA

CBOT weekly outlook: Pandemic drives Chicago prices lower

Apr. 1, 2020 at 8:07 pm CDT

MarketsFarm — The COVID-19 pandemic has continued to pressure U.S. markets, including the Chicago Board of Trade (CBOT), according to Scott Capinegro, president of Barrington Commodities at Barrington, Ill. “It’s like that movie Groundhog Day. You wake up and it’s the same thing every day,” Capinegro said. There’s a domino […]

U.S. senators scrutinize meat packers’ profits during pandemic

Mar. 31, 2020 at 8:00 pm CDT

By Tom Polansek

U.S. grains: Corn drops after USDA pegs plantings above expectations

Mar. 31, 2020 at 7:11 pm CDT

By Christopher Walljasper Karl Plume

Pulse weekly outlook: U.S. bean acres to increase, other pulses down

Mar. 31, 2020 at 5:45 pm CDT

By MarketsFarm Team

U.S. projects wheat acres at record lows, increases for soy, corn

Mar. 31, 2020 at 5:38 pm CDT

By Glen Hallick - MarketsFarm

U.S. livestock: Hogs limit down as grocery panic eases

Mar. 26, 2020 at 8:08 pm CDT

Chicago | Reuters — U.S. lean hog futures fell their daily three-cent limit on Thursday on signs that a consumer meat-buying frenzy has cooled, allowing traders to re-focus on plentiful U.S. hog and pork supplies, traders said. The benchmark June lean hog futures contract on the Chicago Mercantile Exchange settled […]

By Julie Ingwersen

U.S. grains: Corn rebounds after multi-year lows

Mar. 24, 2020 at 5:21 pm CDT

Chicago | Reuters — U.S. corn futures rose on Tuesday, clawing back from last week’s multi-year lows as traders covered short positions and farmer sales stalled, analysts said. Wheat futures declined, pressured by profit-taking after recent rallies, while soybeans closed modestly higher. Chicago Board of Trade May corn settled up […]

By Julie Ingwersen

U.S. sees progress on China trade deal’s ag provisions

Mar. 24, 2020 at 3:43 pm CDT

Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of […]

By Reuters

U.S. livestock: Hog, cattle futures rise on cash market strength

Mar. 20, 2020 at 7:08 pm CDT

Chicago | Reuters — U.S. livestock futures rose on Friday on a spate of technical buying as the market tried to recover from its steep discount to the cash market, traders said. Strong demand from consumers at grocery stores due to worries about the coronavirus underpinned the gains. “They want […]

By Mark Weinraub

U.S. grains: Corn hits 18-month low

Mar. 17, 2020 at 4:33 pm CDT

Chicago | Reuters — U.S. corn futures plummeted 3.3 per cent to an 18-month low on Tuesday as traders said current prices were too high to generate demand from overseas buyers with the ongoing harvests in Brazil and Argentina providing cheaper offerings on the export market. Corn prices fell to […]

By Mark Weinraub