Insights and Stories on USDA

U.S. grains: Soybeans hit August high, soymeal climbs on strong demand

Nov. 14, 2023 at 4:04 pm CST

U.S. soybean futures jumped to their highest price since August on Tuesday on concerns about unfavorable crop weather in top supplier Brazil, analysts said. A rally to contract highs in soymeal futures helped lift the soybean market.

U.S. grains: Chicago corn slumps on forecast for record-large crop

Nov. 10, 2023 at 6:57 pm CST

By Brendan O'Brien

U.S. livestock: CME live cattle mixed, feeder cattle firm

Nov. 10, 2023 at 6:46 pm CST

By P.J. Huffstutter

U.S. livestock: Cattle sell-off sends nearby contracts plunging

Nov. 9, 2023 at 7:37 pm CST

By P.J. Huffstutter

U.S. grains: Chicago grain, soy futures drop after USDA forecasts

Nov. 9, 2023 at 7:27 pm CST

By Brendan O'Brien

Feed weekly outlook: U.S. corn moving into Canadian feedlots

Nov. 9, 2023 at 3:56 pm CST

MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 tonnes of corn from the U.S. during the week ended Nov. 2, taking the marketing-year-to-date total to 221,700 tonnes, according […]

By Phil Franz-Warkentin

USDA’s WASDE report throws a few curveballs

Nov. 9, 2023 at 3:45 pm CST

MarketsFarm — There were some surprises in the November world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture, released Thursday. USDA defied trade expectations when it came to 2023-24 ending stocks of U.S. corn, soybeans, and all wheat, with those being higher. As well, the department […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Small changes expected in November WASDE

Nov. 8, 2023 at 6:36 pm CST

MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are […]

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans spike on China demand, Brazil weather

Nov. 8, 2023 at 5:56 pm CST

Chicago | Reuters — Chicago soybean prices rallied to a two-month high on Wednesday, after the U.S. Department of Agriculture confirmed a Reuters report that China booked its largest single-day U.S. soybean purchases since at least late July. Unfavourable weather conditions in Brazil were also supportive, traders said. Meanwhile, corn […]

By Brendan O'Brien

U.S. grains: Wheat down on supply outlook boost

Nov. 7, 2023 at 5:48 pm CST

Chicago | Reuters — U.S. wheat futures declined on Tuesday as the markets reacted to better-than-expected crop conditions, while soybean futures climbed to a two-month high on adverse weather conditions in Brazil before retreating. The U.S. Department of Agriculture (USDA) rated 50 per cent of the country’s winter wheat crop […]

By Brendan O'Brien