Insights and Stories on USDA

Klassen: Fed market supports feeder complex

Jun. 27, 2023 at 6:53 am CDT

For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days […]

U.S. regulator allows first sales of lab-grown meat

Jun. 23, 2023 at 8:09 pm CDT

By Leah Douglas

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

By Mark Weinraub

U.S. grains: Soy, corn, wheat rally to multi-month highs on weather concerns

Jun. 21, 2023 at 7:34 pm CDT

By Mark Weinraub

U.S. grains: Soybeans reach one-month high on weather woes

Jun. 13, 2023 at 6:02 pm CDT

Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, traders said. Corn futures were mostly higher on the Midwest weather jitters, but the nearby July contract fell on profit-taking […]

By Julie Ingwersen

USDA’s June WASDE report brings few notable changes

Jun. 9, 2023 at 5:53 pm CDT

MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion […]

By MarketsFarm

U.S. grains: Wheat futures snap winning streak

Jun. 7, 2023 at 4:25 pm CDT

Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices […]

By Mark Weinraub

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., […]

By Julie Ingwersen

U.S. grains: Wheat, corn, soy fall on uncertain demand, weather

May. 30, 2023 at 7:51 pm CDT

Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for […]

By Julie Ingwersen