Insights and Stories on USDA

U.S. livestock: Profit-taking, cash prices drop CME hogs

Oct. 23, 2017 at 3:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Monday, pressured by profit-taking following the morning’s cash price drop, traders said. December hogs finished 1.325 cents/lb. lower at 63.525 cents, and February ended 0.875 cent lower at 68.225 cents (all figures US$). Some investors sold futures after […]

U.S. September cattle placements surge

Oct. 20, 2017 at 7:48 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rise before USDA report

Oct. 20, 2017 at 3:52 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs hit two-month high

Oct. 19, 2017 at 6:00 pm CDT

By Theopolis Waters

CBOT weekly outlook: Corn, soy steady as attention turns to South America

Oct. 18, 2017 at 8:44 pm CDT

By Ashley Robinson - MarketsFarm

USDA plan to axe livestock pricing rule divides producers

Oct. 17, 2017 at 6:06 pm CDT

Chicago | Reuters — The U.S. Department of Agriculture (USDA) in a filing on Tuesday said it will dismantle Obama-era rules for buying and selling livestock, a move that has divided the U.S. meat industry. U.S. Agriculture Secretary Sonny Perdue withdrew an interim final rule and a proposed regulation of […]

By Theopolis Waters

U.S. livestock: Hog futures tumble in reversal on technical selloff

Oct. 17, 2017 at 5:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell about two per cent in a technical selloff on Tuesday, easing from an earlier two-month high in a reversal that could portend further declines, traders and analysts said. Live cattle and feeder cattle futures each dropped to the lowest […]

By Michael Hirtzer

U.S. grains: Soybeans drop below $10 on profit-taking

Oct. 16, 2017 at 6:41 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Monday, dipping below the US$10-per-bushel threshold the market hit for the first time in 2-1/2 months last week. “Soybeans are lower, giving back some of last week’s gains on profit taking,” Farm Futures analyst Bryce Knorr said in […]

By Mark Weinraub

U.S. livestock: Hogs at two-month high on packer demand

Oct. 16, 2017 at 6:36 pm CDT

Chicago | Reuters — U.S. lean hog futures rose to a two-month high on Monday as cash prices extended their climb on strong demand from the expanded pork processing sector, traders and analysts said. Two new hog slaughterhouses that opened about a month ago in Iowa and Michigan have boosted […]

By Michael Hirtzer

U.S. grains: Front-month soy tops US$10

Oct. 13, 2017 at 5:24 pm CDT

New York | Reuters — U.S. spot soybean futures closed above US$10 a bushel on Friday, the highest in 2-1/2 months, on follow-through buying a day after the U.S. Department of Agriculture lowered its estimate of the U.S. average soy yield, analysts said. Corn futures rose on a bigger-than-expected weekly […]

By Julie Ingwersen