Insights and Stories on USDA

U.S. livestock: Fund buying drives CME live cattle higher

Dec. 13, 2016 at 6:57 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained for a second day in a row on fund buying and higher wholesale beef prices, traders said. December live cattle closed up 0.775 cent/lb. to 111.125 cents (all figures US$). February ended 1.025 cents higher at 113.975 […]

U.S. grains: Soy, corn jump on Argentine dryness

Dec. 9, 2016 at 4:48 pm CST

By Michael Hirtzer

U.S. grains: Soybeans down on profit-taking before USDA data

Dec. 8, 2016 at 5:14 pm CST

By Michael Hirtzer

CBOT weekly outlook: Soy waits on Argentine weather, inspections

Dec. 7, 2016 at 5:55 pm CST

By Dave Sims

U.S. grains: Wheat, corn sag on ample supplies

Dec. 7, 2016 at 5:28 pm CST

By Julie Ingwersen

U.S. livestock: Higher cash, pork prices extend hogs’ rally

Dec. 7, 2016 at 5:20 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a third straight day on Wednesday, led by upward-trending cash and wholesale pork prices, said traders. December hogs closed up 1.325 cents/lb. at 54.7 cents (all figures US$). Most actively traded February ended 2.275 cents/lb. higher at 59.75 […]

U.S. grains: Wheat falls on Southern Hemisphere harvest

Dec. 1, 2016 at 6:47 pm CST

Chicago | Reuters — U.S. wheat futures fell on Thursday for a sixth straight session, pressured by the expanding harvest of crops in the Southern Hemisphere that should add to plentiful global grain stockpiles, analysts said. Corn futures fell on disappointing weekly U.S. export data and soybeans posted modest declines. […]

By Julie Ingwersen

Klassen: Feeder cattle prices climbing

Nov. 29, 2016 at 4:58 pm CST

Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot margins are now in positive territory and cattle feeders are keen on ownership with the positive outlook into the March […]

By Jerry Klassen

U.S. livestock: Hogs, cattle firm on pre-holiday technical buying

Nov. 23, 2016 at 5:12 pm CST

Chicago | Reuters — U.S. lean hog futures gained one per cent on Wednesday while live and feeder cattle each rose modestly, boosted by technical buying and good demand from meat packers ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Chicago Mercantile Exchange December lean hogs notched a two-month […]

By Michael Hirtzer

U.S. grains: Soybeans climb to four-month high

Nov. 22, 2016 at 6:50 pm CST

Chicago | Reuters — Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. Corn inched higher while wheat closed mixed ahead of the U.S. Thanksgiving holiday on Thursday. Chicago Board of Trade soybeans for January delivery […]

By Julie Ingwersen