Insights and Stories on USDA

U.S. grains: Corn, wheat slide sharply on promise of rain, yield potential

Jul. 26, 2023 at 5:40 pm CDT

Chicago | Reuters – Chicago corn and wheat futures slid on Wednesday on technical trading and news of a better-than-expected spring wheat forecast in parts of North Dakota, even as a heat wave stretched across the U.S. Midwest and part of the Mississippi Valley, traders said. Meanwhile, soybean futures were […]

ICE weekly outlook: canola market heading towards choppy waters

Jul. 26, 2023 at 4:48 pm CDT

By Glen Hallick - MarketsFarm

U.S. livestock: feeder cattle futures gain boost from corn market weakness

Jul. 26, 2023 at 2:15 pm CDT

By P.J. Huffstutter

Exterior of the Chicago Board of Trade building.

U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

Jul. 25, 2023 at 4:27 pm CDT

By Julie Ingwersen

U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars

Jul. 24, 2023 at 7:40 pm CDT

By Julie Ingwersen

U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports

Jul. 24, 2023 at 5:23 pm CDT

Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding […]

By Julie Ingwersen

U.S. Livestock: cattle futures fall, supplies remain tight

Jul. 21, 2023 at 4:49 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange Group live cattle futures weakened on Friday but remained near all-time highs hit a day earlier as traders squared positions ahead of key government supply reports. Traders said that the market faced pressure from profit-taking but weakness in the corn market helped limit the […]

By Mark Weinraub

U.S. Livestock: cattle futures fall after hitting record high

Jul. 20, 2023 at 4:22 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to all-time highs on Thursday, with signs of strong export demand and good sales on the cash market supporting prices, traders said. But cattle prices closed lower on a round of profit-taking as traders took money off the table ahead […]

By Mark Weinraub

U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower

Jul. 20, 2023 at 4:15 pm CDT

Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices. Wheat futures had risen in […]

By Mark Weinraub

ICE weekly outlook: C$900 per tonne in reach for canola

Jul. 19, 2023 at 4:48 pm CDT

MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise. The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 […]

By Adam Peleshaty