Insights and Stories on USDA

U.S. livestock: CME cattle sink to June lows

Oct. 23, 2023 at 6:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures plunged to four-month lows on Monday under pressure from bigger-than-expected placements into U.S. feedlots last month. Lean hog futures set contract lows. The U.S. Department of Agriculture, in a monthly report issued after trading ended on Friday, said placements of cattle […]

U.S. livestock: CME cattle sag on packer margins, beef export sales

Oct. 19, 2023 at 4:47 pm CDT

By Tom Polansek

U.S. livestock: CME cattle futures mixed as packer margins stay in red

Oct. 18, 2023 at 6:52 pm CDT

By P.J. Huffstutter

U.S. grains: Soybeans hold firm with harvest, domestic demand in focus

Oct. 17, 2023 at 4:56 pm CDT

By P.J. Huffstutter

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

Oct. 12, 2023 at 5:24 pm CDT

By Zachary Goelman

CBOT weekly outlook: Markets react bullishly to USDA report

Oct. 12, 2023 at 4:38 pm CDT

MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for […]

By Adam Peleshaty

U.S. grains: Chicago soy touches 22-month low ahead of USDA report

Oct. 11, 2023 at 5:59 pm CDT

New York | Reuters — Chicago soybean and wheat futures fell on Wednesday, and corn futures firmed as the markets turned their attention to widely-followed U.S. government crop forecasts. The most-active soybean contract on the Chicago Board of Trade (CBOT) dropped 19 cents, about 1.5 per cent, to settle at […]

By Zachary Goelman

U.S. grains: Soybeans lifted by bright report on export demand

Oct. 10, 2023 at 5:54 pm CDT

New York | Reuters — Chicago soybean futures rose on Tuesday, rebounding sharply from early losses on lift from technical trading and data showing a pickup in exports of the U.S. oilseeds. Corn prices weakened, and wheat futures fell sharply. The most-actively traded Chicago Board of Trade soybean contract rose […]

By Zachary Goelman

U.S. grains: Chicago soybeans firm, risk aversion caps gains

Oct. 4, 2023 at 3:49 pm CDT

Reuters — Chicago soybean futures edged up on Wednesday, as a declining U.S. dollar lifted the oilseeds at one point nearly one per cent before risk aversion pushed prices back toward their opening levels. Wheat declined and corn was squeezed between them in what one strategist called a seasonal “bottoming […]

By Zachary Goelman

U.S. grains: Chicago soybeans drop in choppy trade

Oct. 3, 2023 at 7:55 pm CDT

Reuters — Chicago soybean futures fell on Tuesday, at one point nearing their lowest levels since December of 2021, under pressure from a stronger dollar, improving signs for the U.S. harvest and a brisk start to planting in Brazil. Chicago Board of Trade (CBOT) soybeans settled down 0.3 per cent […]

By Zachary Goelman