Insights and Stories on USDA

Canadian cattle herd reaches lowest level since 1989

Feb. 23, 2024 at 1:45 pm CST

On January 1, Canadian farmers held 11.1 million cattle and calves on farms, down 2.1 per cent from a year prior, StatCan said in livestock estimates released today. It's the smallest cattle herd since January 1, 1989.

U.S. grains: Corn, soy hit multi-year lows as South American supply fears wane

Feb. 22, 2024 at 6:01 pm CST

By Julie Ingwersen Reuters

Exterior of the Chicago Board of Trade building.

U.S. grains: Corn slides to three-year low near $4 a bushel on ample supplies

Feb. 21, 2024 at 4:56 pm CST

By Julie Ingwersen Reuters

U.S. grains: Soy futures rebound as corn sets new three-year lows

Feb. 16, 2024 at 5:02 pm CST

By Reuters Tom Polansek

Prairie wheat weekly outlook: Weaker U.S. futures drag Western Canadian wheat bids

Feb. 16, 2024 at 10:29 am CST

By Adam Peleshaty - MarketsFarm

U.S. corn, soybean, wheat yields to rise in 2024/25

Feb. 16, 2024 at 8:45 am CST

Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.

By Glen Hallick - MarketsFarm

U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies

Feb. 15, 2024 at 5:51 pm CST

U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.

By Reuters Tom Polansek

U.S. livestock: Lean hogs advance after strong US pork export data

Feb. 15, 2024 at 5:46 pm CST

Lean hog futures rose on Thursday at the Chicago Mercantile Exchange on robust U.S. pork export demand and follow-through buying from a rally during the previous session, analysts said.

By Reuters Tom Polansek

Deere cuts 2024 profit view as borrowing costs hurt demand

Feb. 15, 2024 at 10:08 am CST

Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profit topped Wall Street estimates.

By Bianca Flowers Reuters Shivansh Tiwary

U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook

Feb. 14, 2024 at 4:23 pm CST

Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.

By Reuters Tom Polansek