Insights and Stories on USDA

Detail from the front of the CBOT building in Chicago.

CBOT weekly outlook: Corn values stabilize

Apr. 9, 2020 at 8:30 pm CDT

MarketsFarm — The April world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture didn’t hold much sway over corn on the Chicago Board of Trade (CBOT) on Thursday. Corn ending stocks for the U.S. were pegged at 53.15 million tonnes, about five million tonnes higher than […]

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

By Mark Weinraub

USDA to probe surging beef prices versus falling cattle prices

Apr. 8, 2020 at 9:11 pm CDT

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

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 […]

By Glen Hallick - MarketsFarm

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

Mar. 31, 2020 at 8:00 pm CDT

Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying […]

By Tom Polansek