Insights and Stories on USDA

U.S. grains: Wheat hits one-month low on USDA projections

Dec. 9, 2021 at 4:05 pm CST

Chicago | Reuters –– U.S. wheat futures slumped to a one-month low on Thursday after the U.S. Department of Agriculture forecast larger-than-expected global production and stocks in a monthly report that reinforced a recent spate of bearish news. Corn and soybean futures tracked wheat lower, but promptly rebounded from their […]

CBOT weekly outlook: No significant revisions in new U.S. WASDE report

Dec. 9, 2021 at 3:45 pm CST

By Adam Peleshaty

U.S. grains: Wheat futures drop on weather view

Dec. 8, 2021 at 7:10 pm CST

By Mark Weinraub

CBOT weekly outlook: Expect sideways trading during holiday season

Nov. 24, 2021 at 4:42 pm CST

By Glen Hallick - MarketsFarm

U.S. livestock: Live cattle notch 4-1/2-year high

Nov. 22, 2021 at 6:11 pm CST

By Karl Plume

U.S. livestock: Cattle futures up for third straight day

Nov. 19, 2021 at 4:45 pm CST

Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract […]

By Reuters

U.S. livestock: CME lean hogs up, cattle weak

Nov. 16, 2021 at 5:27 pm CST

Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs […]

By Reuters

Prairie cash wheat: Bids jump after USDA projects cuts

Nov. 14, 2021 at 7:57 pm CST

MarketsFarm — A larger-than-expected cut in the U.S. Department of Agriculture’s (USDA) latest supply and demand forecast, plus rising wheat futures in anticipation of tighter worldwide supply, led to higher bids for western Canadian wheat for the week ended Thursday. USDA on Tuesday trimmed world wheat ending stocks to 275.8 […]

By Adam Peleshaty

U.S. livestock: CME hog futures up on slaughter speed plan

Nov. 10, 2021 at 6:20 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Wednesday after the U.S. Department of Agriculture (USDA) said it will allow nine pork processing plants to apply to operate faster line speeds under a pilot program. The announcement eased concerns that slower processing speeds had slowed meatpackers’ […]

By Reuters

U.S. livestock: USDA lifts estimates for beef production, cattle prices

Nov. 9, 2021 at 6:54 pm CST

Chicago | Reuters — The U.S. Department of Agriculture on Tuesday raised its forecast for beef production and cattle prices in 2021 and 2022 due to strong demand and heavier livestock. Robust sales of U.S. beef to domestic consumers and overseas buyers have helped support Chicago Mercantile Exchange (CME) cattle […]

By Tom Polansek