Insights and Stories on USDA

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 […]

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

Mar. 31, 2023 at 6:42 pm CDT

By Tom Polansek

U.S. farmers aim to plant more corn, soy in 2023, but delays likely

Mar. 31, 2023 at 5:46 pm CDT

By Karl Plume

U.S. livestock: CME live cattle set contract high as cash prices jump

Mar. 30, 2023 at 6:47 pm CDT

By Tom Polansek

CBOT weekly outlook: Traders await stocks, plantings reports

Mar. 29, 2023 at 6:09 pm CDT

By Adam Peleshaty

U.S. grains: Chicago grains up on U.S. planting uncertainty

Mar. 27, 2023 at 5:25 pm CDT

Mexico City | Reuters — Chicago corn futures reversed losses to close higher on Monday on concerns about U.S. planting delays, and wheat and soy also made gains. Corn made its comeback later in the session as traders speculated on weather conditions and planting schedules for springtime crops as cold […]

By Cassandra Garrison

CBOT weekly outlook: More acres expected for U.S. corn, soybeans, wheat

Mar. 22, 2023 at 5:49 pm CDT

MarketsFarm — With expectations of far fewer prevent-planting acres for 2023-24, Terry Reilly of Futures International has called for increases in planted area for corn, soybeans and wheat in the U.S. this spring. The U.S. Department of Agriculture (USDA) is scheduled to release its planting projections on March 31. Reilly […]

By Glen Hallick - MarketsFarm

U.S. livestock: CME hogs fall to contract lows on demand worries

Mar. 22, 2023 at 4:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled to contract lows again on Wednesday on concerns about lower demand, analysts said. Worries about the risk for a recession to reduce consumers’ meat purchases hung over livestock markets, particularly for expensive cuts, said Arlan Suderman, chief commodities economist […]

By Tom Polansek

USDA’s Indonesia desk predicts increased palm oil production

Mar. 21, 2023 at 7:34 pm CDT

MarketsFarm — Indonesia, the world’s largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture’s Foreign Agricultural Service post in Jakarta. The country’s USDA post anticipates 46 million tonnes of palm oil production, which would […]

By MarketsFarm

U.S. livestock: CME lean hogs hit contract lows on follow-through selling

Mar. 21, 2023 at 6:19 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract […]

By Tom Polansek