Insights and Stories on USDA

U.S. grains: Corn, soy rally as focus returns to weather, dollar

Jul. 13, 2023 at 5:50 pm CDT

Chicago | Reuters — U.S. corn futures bounced on Thursday on bargain buying after hitting a 2-1/2-year low early in the session while soybeans rose three per cent as traders shifted their focus back to uncertain crop weather and worries about supplies, analysts said. A slump in the U.S. dollar […]

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

Jul. 12, 2023 at 7:17 pm CDT

By Julie Ingwersen

ICE weekly outlook: Canola climbs on weather worries

Jul. 12, 2023 at 3:51 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Markets react bearishly to WASDE report

Jul. 12, 2023 at 2:53 pm CDT

By Adam Peleshaty

U.S. livestock: CME hogs rally as pork prices rise

Jul. 11, 2023 at 7:25 pm CDT

By Julie Ingwersen

Manitoba sunflowers doing well with fewer acres

Jul. 10, 2023 at 3:42 pm CDT

MarketsFarm — Despite fewer acres under hot and dry conditions, things are going well for Manitoba’s sunflower crop. Out of the 88,000 acres planted for sunflowers across Canada, 77,000 of them are in Manitoba, according to Statistics Canada’s (StatCan) principal field crop acreage estimates released June 28. Both figures represent […]

By Adam Peleshaty

U.S. grains: Soybeans, corn drop on improved crop weather

Jul. 7, 2023 at 3:03 pm CDT

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that had been suffering under an early season drought. Soybeans, which notched a four-month high on Monday, ended down 1.9 per […]

By Karl Plume

U.S. acres surprise, Prairie acres parched

Jul. 7, 2023 at 2:43 pm CDT

New acreage estimates for this year are now out from both Statistics Canada and the U.S. Department of Agriculture, surprising Chicago corn and soybean traders, less so for Canadian canola and wheat market observers. Glacier FarmMedia’s Gord Gilmour and MarketsFarm weather and crops specialist Bruce Burnett discuss those estimates — […]

U.S. grains: Corn firms on technicals, short-covering

Jul. 6, 2023 at 6:27 pm CDT

Chicago | Reuters — U.S. corn futures rose on Thursday on technical buying and short covering following a two-week slide that took prices to 2-1/2 year lows. Soybean futures fell in a profit-taking retreat from multi-month highs posted after the U.S. Department of Agriculture (USDA) unexpectedly slashed its U.S. plantings […]

By Karl Plume

ICE weekly outlook: Canola makes huge move

Jul. 5, 2023 at 7:34 pm CDT

MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department of Agriculture last Friday released its planted acres report, which saw soybeans lose four million acres from the 87.5 million […]

By Glen Hallick - MarketsFarm