Insights and Stories on USDA

U.S. grains: Corn choppy, wheat hits new contract low

Sep. 11, 2023 at 6:33 pm CDT

Chicago | Reuters — Chicago corn futures were choppy and wheat futures slid to the lowest level since May on Monday as traders scrambled to adjust their positions ahead of a key government crop report. Corn futures firmed late in the session on short-covering, and as market players debated how […]

P.E.I. potato growers, CFIA to draft plan for ‘pest-free places’

Sep. 9, 2023 at 5:10 am CDT

By Dave Bedard

U.S. grains: Wheat hits three-month low

Sep. 8, 2023 at 5:44 pm CDT

By Tom Polansek

U.S. grains: Soy futures stumble as trade awaits harvest, crop data

Sep. 7, 2023 at 4:39 pm CDT

By Tom Polansek

CBOT weekly outlook: Poor crop ratings keep soy, corn supported

Sep. 6, 2023 at 5:40 pm CDT

By Phil Franz-Warkentin

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

Sep. 6, 2023 at 4:29 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather. Reduced crop ratings fuelled expectations among traders that the U.S. Department of Agriculture may cut its yield forecast in a monthly […]

By Tom Polansek

CBOT weekly outlook: Corn, wheat lower; soybeans move up

Aug. 30, 2023 at 3:24 pm CDT

MarketsFarm — Corn and wheat futures on the Chicago Board of Trade (CBOT) were on the decline during the week ended Wednesday, but those for soybeans were going in the opposite direction until hitting resistance. The December corn contract ended the week 9.75 cents per bushel lower at $4.8075 per […]

By Adam Peleshaty

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Aug. 29, 2023 at 5:56 pm CDT

Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in […]

By Christopher Walljasper

U.S. grains: Corn, soybeans climb as U.S. crop concerns grow

Aug. 28, 2023 at 4:42 pm CDT

Chicago | Reuters — Chicago soybeans and corn climbed on Monday after a U.S. farm survey predicted smaller crop production than government forecasts due to hot, dry conditions across the U.S. Midwest. Wheat dipped on weak demand for U.S. crops, coupled with competition from cheap Russian supplies. Chicago Board of […]

By Christopher Walljasper

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Aug. 23, 2023 at 5:30 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of year for October hogs, it’s tough to know which direction to go in,” said Joe Kooima, commodity broker at Kooima […]

By Christopher Walljasper