Insights and Stories on USDA

U.S. livestock: December hogs limit-down on pork prices, macroeconomic fears

Sep. 21, 2023 at 7:00 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange tumbled on Thursday as a drop in wholesale pork prices coupled with worries about the global economy sparked a round of profit-taking, analysts said. Livestock futures, grains and Wall Street equity markets all declined on Thursday as the […]

Feed weekly outlook: Harvest pressure, looming corn imports weigh on barley bids

Sep. 21, 2023 at 4:50 pm CDT

By Phil Franz-Warkentin

U.S. grains: Corn up off near-three-year lows

Sep. 19, 2023 at 5:06 pm CDT

By Zachary Goelman

U.S. grains: Corn down on harvest pressure, demand woes

Sep. 18, 2023 at 5:45 pm CDT

By Zachary Goelman

U.S. grains: Soybeans down on positioning, crush pace

Sep. 15, 2023 at 4:20 pm CDT

By Karl Plume

CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be

Sep. 14, 2023 at 1:37 am CDT

MarketsFarm — There have been no surprises in the price movement for U.S. soybeans and corn on the Chicago Board of Trade following the release of the U.S. Department of Agriculture’s monthly supply and demand report. “This was a case [for soybeans] where the trade expected even tighter ending stocks. […]

By Glen Hallick - MarketsFarm

USDA adjusts soy, corn outlooks in September report

Sep. 12, 2023 at 6:39 pm CDT

MarketsFarm — The U.S. Department of Agriculture made a number of slight changes to its forecast on soybeans and corn for 2023-24, while keeping its domestic wheat numbers from August. USDA on Tuesday issued its monthly world agricultural supply and demand estimates, adjusting its forecast on this year’s soybean yields […]

By MarketsFarm

Numerous revisions to USDA’s data on Canadian canola

Sep. 12, 2023 at 5:35 pm CDT

MarketsFarm — Canola production numbers for Canada as estimated by the U.S. Department of Agriculture underwent several changes for the 2022-23 and 2023-24 crop years. The data for Canada was among the estimates USDA’s Foreign Agricultural Service (FAS) put in its monthly report, Oilseeds: World Market and Trade. The FAS […]

By MarketsFarm

U.S. grains: Futures sharply lower on U.S. harvest outlook

Sep. 12, 2023 at 5:27 pm CDT

New York | Reuters — Chicago soybeans plummeted to a three-week low and corn sharply dropped on Tuesday after a government report said crops were not hampered as much as some traders had expected by hot and dry summer weather. The U.S. Department of Agriculture raised its outlook for the […]

By Zachary Goelman

U.S. livestock: CME cattle futures end mixed after hitting new highs

Sep. 12, 2023 at 5:22 pm CDT

Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live […]

By P.J. Huffstutter