Insights and Stories on USDA

Revisions possible for Argentina corn, wheat carryouts

Feb. 13, 2023 at 7:31 pm CST

MarketsFarm — There should be changes to 2022-23 Argentina corn and wheat endings stocks, according to the U.S. Department of Agriculture’s (USDA) attaché in Buenos Aires. The Global Agricultural Information Network (GAIN) report cited a sharp increase in the carryover for corn and a smaller bump up when it came […]

CBOT weekly outlook: Latest USDA adjustments do little to move market

Feb. 8, 2023 at 4:36 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: March canola unchanged from last week

Feb. 8, 2023 at 4:25 pm CST

By Adam Peleshaty

U.S. grains: Chicago wheat, corn, soy firm on WASDE report

Feb. 8, 2023 at 4:05 pm CST

By Christopher Walljasper

U.S. grains: Corn, soybeans fall ahead of USDA report

Feb. 7, 2023 at 7:25 pm CST

By Mark Weinraub

Klassen: Larger supplies of backgrounded cattle weigh on feeder complex

Feb. 7, 2023 at 2:14 am CST

Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 […]

By Jerry Klassen

U.S. grains: Soy futures fall on technical selling

Feb. 6, 2023 at 4:44 pm CST

Chicago | Reuters — U.S. soybean futures dropped on Monday on a technical setback after rallying to the high end of recent trading ranges last week, traders said. Corn ended higher after trading in negative territory for much of the day, with the market finding support near Friday’s low. Investors […]

By Mark Weinraub

Argentina soybean crop smaller than expected, USDA attaché says

Feb. 1, 2023 at 8:13 pm CST

MarketsFarm — Argentina’s 2022-23 soybean crop is likely much smaller than official projections as high temperatures and a lack of moisture cut into yields, according to an update from the U.S. Department of Agriculture’s Buenos Aires attaché. The USDA post from the South American country pegged the soybean crop at […]

By MarketsFarm

U.S. livestock: Live cattle futures ease off contract highs

Feb. 1, 2023 at 7:58 pm CST

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle […]

By Julie Ingwersen

U.S. grains: Wheat futures firm; technical resistance weighs

Jan. 31, 2023 at 6:13 pm CST

Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures struggled against technical resistance. Soybeans futures ended up, though prices were pressured by a correction in the soymeal charts, traders […]

By Christopher Walljasper P.J. Huffstutter