Insights and Stories on USDA

Detail from the front of the CBOT building in Chicago.

CBOT weekly outlook: Acreage at forefront in soy, corn markets

Jul. 5, 2023 at 6:58 pm CDT

MarketsFarm — Surprising acreage estimates released by the U.S. Department of Agriculture last Friday could remain a major feature in soybean and corn markets for the foreseeable future, as traders contemplate a much smaller-than-expected soybean acreage base and larger-than-expected corn area. “You can’t close your eyes on these acreage numbers,” […]

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Jul. 5, 2023 at 5:37 pm CDT

By Karl Plume

Pulse weekly outlook: More U.S. peas, chickpeas expected in 2023

Jul. 4, 2023 at 5:28 pm CDT

By Adam Peleshaty

U.S. grains: Soy soars after USDA slashes plantings estimate

Jun. 30, 2023 at 7:28 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

By Julie Ingwersen

U.S. farmers plant more corn, less soybeans in 2023

Jun. 30, 2023 at 12:50 pm CDT

MarketsFarm — Farmers in the United States seeded more corn and less soybeans than earlier intentions in 2023, according to updated acreage data Friday from the U.S. Department of Agriculture. Total corn plantings in the country were estimated by USDA at 94.1 million acres, which was a million acres above […]

By Phil Franz-Warkentin

Bovine TB turns up in Saskatchewan herd

Jun. 29, 2023 at 9:09 pm CDT

A heifer whose tissues tested positive for bovine tuberculosis (TB) at slaughter in the U.S. has been traced back to a Saskatchewan cattle herd which has now turned up two more cases of the disease. The Canadian Food Inspection Agency, in a report dated Wednesday, said it was notified Feb. […]

By Dave Bedard

U.S. grains: Corn, soy tumble on forecasts for much-needed rains

Jun. 28, 2023 at 7:29 pm CDT

Chicago | Reuters — U.S. corn futures fell more than four per cent and soybeans more than two per cent on Wednesday, pressured by forecasts for beneficial rains in the Midwest where crops have struggled with dry conditions, analysts said. Wheat also declined, pressured by the expanding U.S. winter wheat […]

By Julie Ingwersen

CBOT weekly outlook: Corn could surprise in USDA’s acres report

Jun. 28, 2023 at 2:16 pm CDT

MarketsFarm — Although grains analyst Terry Reilly of Futures International said he isn’t expecting any big changes in two upcoming reports from the U.S. Department of Agriculture, he suggested there’s an opportunity for couple of notable alterations. USDA is scheduled to release its planted acreage and quarterly grain stocks reports […]

By Glen Hallick - MarketsFarm

U.S. grains: Corn, soy slide as Midwest rain outlook improves

Jun. 27, 2023 at 4:19 pm CDT

Chicago | Reuters — U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries […]

By Julie Ingwersen