Insights and Stories on USDA

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 […]

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

Mar. 16, 2023 at 5:41 pm CDT

By Tom Polansek

USDA sees increased EU canola imports, no extra from Canada

Mar. 8, 2023 at 8:20 pm CST

By Phil Franz-Warkentin

CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north

Mar. 8, 2023 at 8:10 pm CST

By Phil Franz-Warkentin

U.S. grains: Wheat at 18-month low on Black Sea deal hope

Mar. 8, 2023 at 7:48 pm CST

By Cassandra Garrison

Meat lobby says U.S. voluntary label rule could spur trade action

Mar. 7, 2023 at 7:13 pm CST

U.S. meat industry lobbyists say Washington’s proposed new rules governing voluntary ‘Product of USA’ or ‘Made in the USA’ labels would “impose the same standard” as that country’s now-defunct mandatory country-of-origin labelling (COOL) law — and frustrate U.S. packers who import Canadian meat or livestock. The U.S. Department of Agriculture […]

By Dave Bedard

CBOT weekly outlook: It still comes down to South America

Mar. 1, 2023 at 6:35 pm CST

MarketsFarm — Although the U.S. Department of Agriculture (USDA) is set to issue its next supply and demand estimates on March 8, what’s going on in South America continues to dominate the Chicago Board of Trade (CBOT), according to Andrew Mages of Progressive Ag in Fargo, N.D. “Typically it’s not […]

By Glen Hallick - MarketsFarm

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

Feb. 23, 2023 at 5:19 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its […]

By Tom Polansek

U.S. grains: Corn futures hit six-week low on projected plantings

Feb. 23, 2023 at 5:01 pm CST

Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices will decline, analysts said. The U.S. Department of Agriculture, at its annual Agricultural Outlook Forum, pegged 2023 corn plantings at […]

By Tom Polansek

U.S. livestock: CME hog futures sag as pork prices retreat

Feb. 22, 2023 at 7:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs […]

By Julie Ingwersen