Insights and Stories on USDA

Argentina soybeans expected to go from horrible to great

Apr. 17, 2023 at 3:14 pm CDT

MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but […]

U.S. begins testing bird flu vaccines for poultry after record outbreak

Apr. 14, 2023 at 7:30 pm CDT

By Tom Polansek

ICE weekly outlook: New-crop November canola set to step back

Apr. 12, 2023 at 6:44 pm CDT

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Weather in focus for Chicago grains, oilseeds

Apr. 12, 2023 at 6:14 pm CDT

By Phil Franz-Warkentin

USDA stands pat on U.S. soybean, corn ending stocks

Apr. 11, 2023 at 8:03 pm CDT

By MarketsFarm

U.S. grains: Wheat closes higher on dry weather, Russian threats

Apr. 10, 2023 at 5:14 pm CDT

Mexico City | Reuters — Chicago wheat futures were higher on Monday, as dry weather put Kansas City wheat at risk and Russia’s threat to bypass a UN-brokered grain deal underpinned prices, traders said. Corn also closed higher, though soybeans dipped as warm and dry weather improved the planting outlook […]

By Cassandra Garrison

U.S. grains: Crop futures slide on disappointing export sales, improved weather

Apr. 6, 2023 at 3:21 pm CDT

Chicago | Reuters — Chicago Board of Trade grain and soybean futures crumbled on Thursday on disappointing U.S. export sales and an improved weather outlook for U.S. spring plantings, analysts said. U.S. soybean export sales for 2022-23 were 155,300 tonnes for the week ended March 30, down 42 per cent […]

By Tom Polansek

Saudi Arabia highly dependent on grain imports

Apr. 4, 2023 at 1:17 pm CDT

MarketsFarm — While Saudi Arabia is a giant among the oil-producing countries of the world, the desert kingdom does produce small amounts of grain. With a population that’s about one million less than Canada’s, Saudi Arabia is extremely dependent on importing its grain from overseas. The U.S. Department of Agriculture’s […]

By MarketsFarm

U.S. grains: Soybeans climb on supportive USDA data

Mar. 31, 2023 at 6:47 pm CDT

Chicago | Reuters — U.S. soybean futures rose 2.1 per cent on Friday, climbing back above US$15 a bushel for the first time since mid-March after the U.S. Department of Agriculture’s forecast for 2023 plantings and its March 1 soy stockpiles estimate both came in at the low end of […]

By Julie Ingwersen

U.S. livestock: CME hogs up in deferred months

Mar. 31, 2023 at 6:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a […]

By Tom Polansek