Insights and Stories on USDA

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

Jan. 12, 2023 at 4:40 pm CST

Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would mean smaller-than-expected supplies. Wheat futures gained on spillover support from rising corn and soy. Traders largely shrugged off USDA’s larger-than-anticipated […]

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

By Phil Franz-Warkentin

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

Jan. 4, 2023 at 8:09 pm CST

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

U.S. livestock: CME lean hogs firm on demand expectations

Dec. 21, 2022 at 7:49 pm CST

Chicago | Reuters — CME lean hog futures lifted on Wednesday, jumping to two-week highs on expectations that demand for market-ready hogs will perk up in the coming weeks, analysts said. “There seems to be a lot of optimism in buying for after the first of the year,” said Matthew […]

By Christopher Walljasper

CBOT weekly outlook: U.S. winter wheat to feel the cold

Dec. 21, 2022 at 6:46 pm CST

MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern […]

By Glen Hallick - MarketsFarm