Insights and Stories on USDA

CBOT weekly outlook: Soy trade watching soymeal commitments

Feb. 14, 2018 at 5:33 pm CST

CNS Canada — Soybeans on the Chicago Board of Trade continue to climb on charts due to worries over dry soil conditions in Argentina and strength in soymeal — but that could change soon. Terry Reilly of Futures International in Chicago said traders are keenly watching to see soybean meal […]

U.S. grains: Wheat, soy futures jump on weather woes

Feb. 12, 2018 at 4:31 pm CST

By Mark Weinraub

U.S. grains: Soybeans hit one-week top

Feb. 8, 2018 at 5:29 pm CST

By Julie Ingwersen

USDA lowers U.S. corn stocks view as exports rise

Feb. 8, 2018 at 12:57 pm CST

By Mark Weinraub

U.S. grains: Wheat surges on worries about Plains dryness

Feb. 7, 2018 at 6:05 pm CST

By Julie Ingwersen

ICE weekly outlook: Rain in Argentina could provide direction

Feb. 7, 2018 at 5:42 pm CST

CNS Canada — ICE Futures Canada canola contracts finally broke through the psychologically-important $500 per tonne mark during the week ended Wednesday. That could be a fleeting achievement, however, depending on the chances for rainfall in Argentina and the next U.S. Department of Agriculture report. “If rain comes, soybeans could […]

By Dave Sims

Klassen: Feeder market stabilizes on U.S. inventory data

Feb. 5, 2018 at 9:45 pm CST

Compared to last week, western Canadian feeder cattle prices were relatively unchanged but there was a wide variation across the Prairies. Major markets in Alberta traded steady to as much as $5 higher, while Saskatchewan and Manitoba prices were quoted $3 higher to as much as $5 lower. Major finishing […]

By Jerry Klassen

U.S. grains: Soybeans dip on Argentina rain outlook, technical selling

Feb. 2, 2018 at 4:21 pm CST

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Friday on technical selling and as an improved South American crop weather forecast soothed some anxiety about drought-reduced production in Argentina. Wheat also declined, with soft red winter wheat futures pressured by forecasts for snow in […]

By Karl Plume

U.S. livestock: CME live cattle limit up on fund buying

Feb. 1, 2018 at 5:45 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily price limit (all figures US$). Investors bought that contract and simultaneously sold February. The limit will expand to 4.5 cents […]

By Theopolis Waters

U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest

Feb. 1, 2018 at 5:18 pm CST

Chicago | Reuters — U.S. soybean futures dropped for a second straight day on Thursday on technical selling and profit taking following government data showing lower-than-anticipated U.S. export sales last week. Forecasts for rain and cooler temperatures in Argentina by mid-February and an accelerating soy harvest in Brazil further weighed […]

By Karl Plume