Insights and Stories on USDA

Exterior of the Chicago Board of Trade building.

CBOT weekly outlook: Bearish picture for commodities

Feb. 14, 2024 at 3:36 pm CST

Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.

U.S. grains: Soybeans and corn continue to be pressured by global supplies

Feb. 13, 2024 at 5:14 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: Livestock futures turn lower on pressure from equity markets

Feb. 13, 2024 at 5:06 pm CST

By P.J. Huffstutter Reuters

Number of US farms falls and size increases, census shows

Feb. 13, 2024 at 1:28 pm CST

By Leah Douglas Reuters

U.S. livestock: Feeders firm, live cattle futures ease

Feb. 12, 2024 at 5:41 pm CST

By P.J. Huffstutter Reuters

U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows

Feb. 12, 2024 at 4:59 pm CST

Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance

Feb. 9, 2024 at 3:12 pm CST

Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.

By P.J. Huffstutter Reuters

Attaché sees larger Indian rapeseed crop than USDA

Feb. 9, 2024 at 2:35 pm CST

The United States Department of Agriculture’s attaché in New Delhi forecast an increase India’s production of rapeseed-mustard for 2023/24. The attaché projected a harvest of 11.90 million tonnes versus the 11.70 million expected by the department.

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies

Feb. 9, 2024 at 2:28 pm CST

U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.

By Karl Plume Reuters

U.S. livestock: Live cattle, nearby feeder cattle futures firm

Feb. 8, 2024 at 5:46 pm CST

Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.

By P.J. Huffstutter Reuters