Insights and Stories on USDA

U.S. grains: Soybeans hit three-week low

Feb. 21, 2017 at 5:19 pm CST

Chicago | Reuters — U.S. soybean futures closed lower on Tuesday for a third straight session, reversing from early strength to touch a three-week low on expectations for large South American soy harvests, analysts said. Wheat futures fell while corn firmed, supported by export demand and technical buying. Chicago Board […]

U.S. grains: Corn, wheat retreat on profit-taking

Feb. 16, 2017 at 5:17 pm CST

By Julie Ingwersen Mark Weinraub

CBOT weekly outlook: Argentine flood fears underpin corn, soy

Feb. 15, 2017 at 5:18 pm CST

By Dave Sims

Klassen: Tenacious feeder market softens on supply forecasts

Feb. 14, 2017 at 4:22 pm CST

By Jerry Klassen

U.S. livestock: Firmer beef quote rallies CME live cattle

Feb. 14, 2017 at 4:03 pm CST

By Theopolis Waters

U.S. grains: Wheat, corn rise to multi-month highs

Feb. 10, 2017 at 5:53 pm CST

Chicago | Reuters — U.S. wheat and corn futures extended gains to set multi-month highs on Friday on follow-through buying after the U.S. Department of Agriculture slashed domestic stockpile estimates in a monthly report on Thursday. Soybeans also were higher as investors defended their net long position despite expectations for […]

By Michael Hirtzer

U.S. livestock: Fund liquidation undercuts CME live cattle

Feb. 10, 2017 at 3:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by sell stops and fund selling after drifting below technical support levels, said traders. February live cattle closed 1.25 cents/lb. lower at 116.4 cents, and April 1.675 cents lower at 113.15 cents (all figures US$). […]

By Theopolis Waters

U.S. grains: Wheat rallies to seven-month high after USDA data

Feb. 9, 2017 at 3:55 pm CST

Chicago | Reuters — U.S. wheat futures gained two per cent to a seven-month high on Thursday after the U.S. Department of Agriculture increased its export forecast and showed smaller-than-expected global supplies in a monthly report. Chicago Board of Trade soybean futures fell and corn prices declined narrowly from an […]

By Michael Hirtzer

ICE weekly outlook: Canola holds firm before USDA report

Feb. 8, 2017 at 4:38 pm CST

CNS Canada — ICE Futures Canada canola contracts made steady gains during the week ended Wednesday, as traders positioned themselves ahead of Thursday’s release of the U.S. Department of Agriculture’s next supply and demand report. “We’ve had a bit of a run over the past week and a bit; we […]

By Dave Sims

CBOT weekly outlook: South American weather still key for soy, corn

Feb. 8, 2017 at 4:22 pm CST

CNS Canada — South American weather uncertainty is lending underlying support to soybean and corn futures at the Chicago Board of Trade, with speculators likely to remain on the long side until production issues are more clearly sorted out, according to an analyst. “The funds don’t want to give up […]

By Phil Franz-Warkentin