Insights and Stories on USDA

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

Mar. 31, 2023 at 5:46 pm CDT

Chicago | Reuters — U.S. farmers are aiming to expand plantings of corn, wheat and soybeans this year, the U.S. Department of Agriculture (USDA) said in a prospective plantings report on Friday, as the ongoing war in Ukraine keeps global supplies tight. But adverse planting conditions are likely to trim […]

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

By Cassandra Garrison

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

Mar. 22, 2023 at 5:49 pm CDT

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

U.S. livestock: Nearby CME lean hogs recover slightly from slide

Mar. 17, 2023 at 7:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market […]

By Tom Polansek

U.S. livestock: Hogs limit down on disease chatter

Mar. 16, 2023 at 5:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in […]

By Tom Polansek