Insights and Stories on USDA

U.S. grains: Soy, corn rise on smaller U.S. harvest, Argentina drought worries

Jan. 13, 2023 at 7:47 pm CST

Chicago | Reuters — U.S. soybean futures climbed for a third straight day on Friday and corn scaled to a 1-1/2 week top on follow-through buying after bullish U.S. Department of Agriculture (USDA) crop data the prior day and concerns about poor South American weather. Both markets gained more than […]

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Jan. 12, 2023 at 5:29 pm CST

By Karl Plume

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view

Jan. 12, 2023 at 4:40 pm CST

By Karl Plume

CBOT weekly outlook: Bullish USDA report lifts grain markets

Jan. 12, 2023 at 3:23 pm CST

By Adam Peleshaty

U.S. grains: Futures firm ahead of USDA crop data

Jan. 11, 2023 at 6:37 pm CST

By Karl Plume

ICE weekly outlook: Sideways canola market watching macros

Jan. 4, 2023 at 8:20 pm CST

MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart standpoint, March canola is stuck in a sideways range between $800 and $900, with little to suggest a break one […]

By Phil Franz-Warkentin

CBOT weekly outlook: USDA ‘data dump’ due next week

Jan. 4, 2023 at 8:09 pm CST

MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and winter wheat planting report, among others. Futures International analyst Terry Reilly said the multitude of the reports coming out that […]

By Glen Hallick - MarketsFarm

U.S. livestock: CME live cattle futures climb on tight supplies

Dec. 27, 2022 at 4:37 pm CST

Chicago | Reuters — CME live cattle futures firmed on Tuesday, supported by lower cattle supplies and the impact of cold weather on cattle weights, traders said. Winter weather last week across the U.S. Great Plains likely caused cattle to lose weight amid snow and below-freezing temperatures, said Brad Kooima, […]

By Christopher Walljasper

U.S. livestock: Live cattle futures up, cattle placements drop

Dec. 23, 2022 at 7:46 pm CST

Chicago | Reuters — CME live cattle futures firmed on Friday, as traders anticipated lower November feedlot placements in the U.S. Agriculture Department’s monthly Cattle on Feed report, released after the market close. USDA reported feedlot placements in November fell two per cent from a year ago. Analysts predicted a […]

By Christopher Walljasper

U.S. livestock: February live cattle lower on slaughter delays

Dec. 22, 2022 at 5:06 pm CST

Chicago | Reuters — CME live cattle futures eased on Thursday, as harsh cold conditions delayed slaughter operations, analysts said. Summer month futures climbed to contract highs as traders anticipate lower cattle supplies, possibly exacerbated by icy conditions. “We’re seeing those prices in April push through the roof. We now […]

By Christopher Walljasper