Insights and Stories on USDA

USDA opens inquiry into fertilizer, seed prices

Mar. 11, 2022 at 7:29 pm CST

Reuters — The U.S. Department of Agriculture is opening an inquiry into the impacts of concentration in the fertilizer, seed and retail markets. The inquiry stems from the Biden administration’s July 2021 executive order to promote competition across the U.S. economy, the agency said in a release Friday. Global supply […]

Detail from the front of the CBOT building in Chicago.

CBOT weekly outlook: USDA report influences steep drop in wheat

Mar. 9, 2022 at 5:30 pm CST

By Glen Hallick - MarketsFarm

U.S. grains: Wheat futures limit down as USDA cuts exports

Mar. 9, 2022 at 3:05 pm CST

By P.J. Huffstutter

Feed weekly outlook: Prices steady, but changes coming

Feb. 24, 2022 at 6:31 pm CST

By Glen Hallick - MarketsFarm

Early USDA forecast points to record-large 2022 soybean crop

Feb. 24, 2022 at 6:20 pm CST

By MarketsFarm

CBOT weekly outlook: Russia-Ukraine tensions fuelling rallies

Feb. 23, 2022 at 6:16 pm CST

MarketsFarm — Russia’s incursion into Ukrainian territory, which has intensified an already tense standoff between Russia and the West, has had a bullish effect for grain prices on the Chicago Board of Trade (CBOT) during the week ended Tuesday, according to Scott Capinegro of Barrington Commodity Brokers at Lake Barrington, […]

By Adam Peleshaty

Second Nova Scotia poultry operation hit with avian flu

Feb. 14, 2022 at 4:03 pm CST

A second farm in western Nova Scotia has been hit with highly pathogenic avian influenza in commercial birds, further expanding containment measures in that province. The Canadian Food Inspection Agency said Monday it confirmed high-path H5N1 on Wednesday last week in birds at a mixed farm in the area, where […]

By Dave Bedard

Prairie cash wheat: Bids rally on tightening supplies, drought

Feb. 11, 2022 at 2:04 pm CST

MarketsFarm — New supply data from both sides of the Canada/U.S. border, as well as ongoing drought in wheat growing regions, have supported western Canadian wheat bids for the week ended Thursday. The U.S. Department of Agriculture released its monthly supply/demand estimates on Wednesday and cut its projected global wheat […]

By Adam Peleshaty

U.S. livestock: CME live cattle, lean hogs set contract highs

Feb. 9, 2022 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a contract high on Wednesday on firm cash prices and strong demand from packers, while lean hogs also set a new high, traders said. April live cattle ended 1.65 cents higher at 147.825 cents/lb. and set a high of […]

By Tom Polansek

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

Feb. 9, 2022 at 5:09 pm CST

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were […]

By Phil Franz-Warkentin