Insights and Stories on USDA

Jan. 29, 2024 at 4:49 pm CST

U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.

By Julie Ingwersen, Reuters

Jan. 29, 2024 at 2:27 pm CST

The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.

By Glen Hallick - MarketsFarm

Jan. 26, 2024 at 4:13 pm CST

U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1 per cent as traders focused on improving prospects for South American harvests, analysts said.

By Julie Ingwersen, Reuters

Jan. 26, 2024 at 11:20 am CST

The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.

By Adam Peleshaty - MarketsFarm

Jan. 25, 2024 at 5:54 pm CST

U.S. soybean futures Sv1 fell 1.4 per cent on Thursday, pressured by weak export demand for U.S. supplies of the oilseed given strong competition from Brazilian supplies, along with sliding values for soybean oil, traders said.

By Julie Ingwersen, Reuters