Insights and Stories on USDA

U.S. livestock: Rallying beef prices push CME live cattle to seven-week high

May. 16, 2024 at 5:17 pm CDT

Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.

U.S. grains: Soybeans end mixed on Brazil crop concerns, weak US demand

May. 16, 2024 at 5:01 pm CDT

By Renee Hickman Reuters

U.S. grains: CBOT soybeans slip as US crush hit 7-month low in April

May. 15, 2024 at 6:00 pm CDT

By Renee Hickman Reuters

U.S. livestock: Cattle futures firm on strong demand, rising beef prices

May. 15, 2024 at 5:56 pm CDT

By Karl Plume Reuters

Exterior of the Chicago Board of Trade building.

CBOT weekly: Traders watching out for weather concerns

May. 15, 2024 at 4:06 pm CDT

By Adam Peleshaty - MarketsFarm

U.S. livestock: Cattle futures shoot higher on rising boxed beef prices

May. 14, 2024 at 5:12 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said.

By Reuters Tom Polansek

U.S. grains: Soy falls as cooking oil imports excluded from China tariffs

May. 14, 2024 at 5:08 pm CDT

Chicago Board of Trade soybean futures dipped on Tuesday as analysts said the market was disappointed that U.S. President Joe Biden's administration did not include used cooking oil on a list of tariff increases on Chinese goods.

By Renee Hickman Reuters

U.S. livestock: Live cattle retreat on heavy supplies, weak cash market

May. 13, 2024 at 4:46 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.

By Karl Plume Reuters

U.S. grains: Chicago wheat hits 9-month highs on Russian crop losses

May. 13, 2024 at 4:43 pm CDT

Chicago Board of Trade wheat futures rose on Monday, hitting nine-month highs on worries about crop losses in top-exporter Russia after multiple nights of frosty weather in key regions.

By Renee Hickman Reuters

U.S. livestock: Live cattle futures turn higher, feeder cattle lower

May. 10, 2024 at 4:41 pm CDT

Chicago Mercantile Exchange (CME) cattle futures were mixed on Friday, with live cattle contracts turning higher and a rally in Chicago corn futures Cv1 pressuring most feeder cattle contracts lower.

By P.J. Huffstutter Reuters