Insights and Stories on USDA

Prairie cash wheat: U.S. futures lift spring wheat bids

May. 5, 2023 at 7:57 pm CDT

MarketsFarm — Western Canadian spring wheat bids were the beneficiaries of rising U.S. futures prices for the week ended Thursday. Wheat futures on the Chicago Board of Trade (CBOT) were under pressure early in the week due to healthy yet ineffective rains over wheat-growing areas in the U.S. The U.S. […]

U.S. grains: Chicago wheat up on Black Sea deal doubts

May. 4, 2023 at 4:15 pm CDT

By Cassandra Garrison

Rapeseed production expected down in EU

May. 3, 2023 at 3:26 pm CDT

By Adam Peleshaty

U.S. grains: Chicago wheat hits 25-month session low on good crop conditions

May. 2, 2023 at 3:14 pm CDT

By Cassandra Garrison

U.S. grains: Chicago wheat closes down as global supplies look strong

Apr. 26, 2023 at 4:50 pm CDT

By Cassandra Garrison

CBOT weekly outlook: U.S. rain, StatCan report biggest influences

Apr. 26, 2023 at 4:09 pm CDT

MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of Trade (CBOT), according to broker Ryan Ettner of Allendale Inc. Added to that, Statistics Canada’s (StatCan) report on prospective plantings, […]

By Glen Hallick - MarketsFarm

U.S. grains: Corn hits eight-month low

Apr. 24, 2023 at 6:27 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of the grain. The cancellations, which also weighed on wheat and soybean futures that hit one-month lows on Monday, highlighted concerns […]

By Mark Weinraub

U.S. livestock: Feeder cattle fall after USDA report

Apr. 24, 2023 at 6:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts edged higher on Monday, while feeder cattle contracts fell, after U.S. government data released on Friday afternoon showed bigger-than-expected supplies in feedlots. The U.S. Agriculture Department’s monthly report showed that the number of U.S. cattle on feed, as of April […]

By Reuters

Prairie cash wheat: Red wheats up slightly on week

Apr. 23, 2023 at 2:22 am CDT

MarketsFarm — Despite adverse weather conditions in both Canada and the U.S., as well as poor growing conditions south of the border, western Canadian wheat bids saw slight increases for the week ended Thursday. A spring snowstorm descended on eastern Saskatchewan, western Manitoba and North Dakota on Wednesday and Thursday, […]

By Adam Peleshaty

More grain for European Union in 2023-24, USDA projects

Apr. 20, 2023 at 2:30 pm CDT

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information Network (GAIN) report released Wednesday, the attaché pegged the EU’s 2023-24 grain production at 284.7 million tonnes, 17.9 million more […]

By Adam Peleshaty