Insights and Stories on USDA

US to expand bird-flu testing of beef in slaughterhouses

Aug. 13, 2024 at 11:57 am CDT

The U.S. Department of Agriculture said on Tuesday it will expand bird-flu testing of beef entering the food supply as part of its response to the ongoing outbreak among dairy cattle, adding that U.S. beef and dairy products remain safe to consume.

USDA forecasts record soy, bumper corn crops

Aug. 12, 2024 at 11:43 am CDT

By Heather Schlitz

U.S. livestock: Cattle, lean hog futures firm as economy concerns ease

Aug. 9, 2024 at 5:03 pm CDT

By P.J. Huffstutter Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn and soy futures near four-year low, wheat rises

Aug. 9, 2024 at 4:29 pm CDT

By Reuters

U.S. livestock: Cattle, pork futures fall amid fund selling

Aug. 8, 2024 at 6:18 pm CDT

By P.J. Huffstutter

U.S. grains: Corn, soybeans face bearish pressure on hefty supplies

Aug. 8, 2024 at 3:59 pm CDT

Chicago Board of Trade (CBOT) corn futures fell on Thursday, and soybean futures set new life-of-contract lows, as U.S. farmers scramble to sell their bins of old-crop grain and oilseeds into a global market awash in supplies, traders said.

By P.J. Huffstutter Reuters

U.S. grains: Corn, soybeans ease on US crop expectations, demand concerns

Aug. 7, 2024 at 5:02 pm CDT

Chicago Board of Trade corn and soybean futures turned lower on Wednesday as markets came under pressure from expectations of a U.S. bumper crop, moderate weather in the Midwestern corn belt and sluggish oilseed demand, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: Live cattle mixed, feeder cattle lower; lean hogs ease

Aug. 7, 2024 at 4:55 pm CDT

Chicago Mercantile Exchange live cattle futures were mixed on Wednesday, and feeder cattle turned lower, as the U.S. dollar continued to recover and livestock traders remained uneasy about the health of the global economy, market analysts said.

By P.J. Huffstutter Reuters

Bearish Chicago grains/oilseeds in need of a new story

Aug. 7, 2024 at 3:33 pm CDT

Soybean, corn and wheat futures in the United States are all trading near contract lows, with a lack of any significant weather threats likely to keep the bias pointed lower until something changes the narrative.

By Phil Franz-Warkentin

U.S. grains: Chicago soybeans, corn fall; wheat up on big tender from Egypt

Aug. 6, 2024 at 5:13 pm CDT

Chicago soybeans and corn slumped on low demand and a stronger dollar on Tuesday as financial markets recovered from an epic sell-off on Monday. Wheat futures rose after a massive tender from Egypt for 3.8 million metric tons to cover imports between October 2024 and April 2025—its largest ever according to traders.

By Renee Hickman Reuters