Insights and Stories on USDA

Sep. 16, 2024 at 5:04 pm CDT

Chicago wheat futures dipped from three-month highs on Monday on profit taking following the previous week's rally sparked by crop concerns in Europe and escalating tensions between Russia and Ukraine, traders said.

By Heather Schlitz, Reuters

Sep. 13, 2024 at 5:38 pm CDT

Chicago Board of Trade wheat futures reached a 12-week high on Friday as escalating tensions in Russia's war with Ukraine increased uncertainty about Black Sea exports.

By Reuters, Tom Polansek

Sep. 13, 2024 at 5:34 pm CDT

Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.

By Reuters, Tom Polansek

Sep. 12, 2024 at 5:44 pm CDT

Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.

By Julie Ingwersen, Reuters

Sep. 11, 2024 at 5:37 pm CDT

U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.

By Julie Ingwersen, Reuters