Insights and Stories on USDA

U.S. grains: Soybean, grains futures drop as traders shed risk

Aug. 11, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said. Corn and soybean futures had a particularly choppy trading session as a flurry of bearish signs prompted investors to shed […]

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Aug. 11, 2023 at 7:29 pm CDT

By P.J. Huffstutter

U.S. grains: Corn, wheat firm ahead of USDA report

Aug. 10, 2023 at 6:48 pm CDT

By Mark Weinraub

ICE weekly outlook: Canola prices ‘cheap’ but rangebound

Aug. 9, 2023 at 7:00 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Few changes expected in coming U.S. reports

Aug. 9, 2023 at 5:41 pm CDT

By Adam Peleshaty

U.S. grains: Soy futures rise, wheat drops

Aug. 9, 2023 at 4:15 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday on improving U.S. export demand and as the market recovered from a one-month low reached in the previous session, analysts said. Corn and wheat futures declined. Exporters sold 251,000 metric tonnes of U.S. soy to China, the […]

By Tom Polansek

U.S. livestock: CME cattle firm on steady-higher cash

Aug. 4, 2023 at 3:56 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday, supported by underlying strength in the cash markets and tighter cattle slaughter, analysts said. August live cattle futures LCQ3 added 2.400 cents to 180.900 cents per pound. Most-active October live cattle LCV3 lifted 1.600 cents to settle […]

By Christopher Walljasper

U.S. grains: wheat firms on Russian port attack, India import prospects

Aug. 4, 2023 at 3:09 pm CDT

Chicago | Reuters – Chicago wheat climbed on Friday after a Ukrainian drone attack near a Russian Black Sea export hub, rekindling global supply fears while India raised demand expectations as it considers scrapping wheat tariffs. Soybeans climbed on stronger crude and vegetable oil markets, also on alert following the […]

By Christopher Walljasper

Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices

Aug. 3, 2023 at 1:46 pm CDT

MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got […]

By Glen Hallick - MarketsFarm

U.S. livestock: CME live cattle ease despite cash market support

Aug. 2, 2023 at 5:34 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, pressured by macroeconomic weight as a downgrade that stripped the U.S. of its top credit rating rippled throughout markets, analysts said. Despite losses, supportive fundamentals remain for live cattle. “We’re still going into smaller numbers,” said Joe […]

By Christopher Walljasper