Insights and Stories on USDA

USDA’s August WASDE report hits commodity markets hard

Aug. 12, 2019 at 1:39 pm CDT

MarketsFarm — With markets largely rangebound since the end of June, the U.S. Department of Agriculture (USDA) released its long-awaited supply and demand report late Monday morning. The initial reaction on the markets was bearish, with corn prices being hit very hard, down 25 cents per bushel for the September […]

U.S. grains: Soy firm, corn mixed ahead of USDA report

Aug. 9, 2019 at 6:43 pm CDT

By Karl Plume

U.S. grains: Soy, corn close higher

Aug. 8, 2019 at 7:17 pm CDT

By Barbara Smith

CBOT weekly outlook: Market bearish ahead of WASDE

Aug. 7, 2019 at 3:58 pm CDT

By Marlo Glass – MarketsFarm

U.S. grains: Futures inch up after choppy trading day

Aug. 7, 2019 at 3:26 pm CDT

By Barbara Smith

CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

Jul. 24, 2019 at 2:15 pm CDT

MarketsFarm – Shifting weather forecasts and trade talk rumours should keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few weeks, as participants wait on updated acreage numbers from the United States Department of Agriculture. The USDA’s August 12 report will include […]

By Phil Franz-Warkentin

U.S. grains: Soy falls on cooler weather, China cancellation

Jul. 18, 2019 at 8:12 pm CDT

Chicago | Reuters — Chicago soybean futures settled down following a choppy day of trading on Thursday, after hitting the lowest level in more than a week on forecasts for cooler weather and export data showing China had canceled soy purchases for the first time since April. U.S. Agriculture Department […]

By Barbara Smith

U.S. livestock: Hogs rise amid hopes of China pork demand

Jul. 18, 2019 at 8:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in about a month on Thursday on expectations of bigger pork imports by China, traders said. A recent rise in Chinese pork prices, linked to an outbreak of a fatal hog disease in Asia, is […]

By Tom Polansek

CBOT weekly outlook: Market stuck in range until acreage report

Jul. 17, 2019 at 8:45 pm CDT

MarketsFarm — Until the U.S. Department of Agriculture issues its next acreage report, expect the Chicago Board of Trade to remain stuck within a range, a trader said. “Until the August report and the USDA verifies the plenty of preventative planting acres, and if August happens to be hot and […]

By Glen Hallick - MarketsFarm

ICE weekly outlook: Choppy canola trade likely

Jul. 17, 2019 at 8:28 pm CDT

MarketsFarm — The ICE Futures canola market tested major chart support during the week ended Wednesday, but could be due for some choppy activity and eventual strength over the next few weeks, depending on what happens with the weather and in U.S. corn and soybean markets. The canola crop looks […]

By Phil Franz-Warkentin