Insights and Stories on USDA

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’ […]

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

Nov. 9, 2021 at 6:54 pm CST

By Tom Polansek

CBOT weekly outlook: USDA report sparks rally, but likely to wane

Nov. 9, 2021 at 5:19 pm CST

By Glen Hallick - MarketsFarm

U.S. grains: Soy jumps on USDA’s surprise cut to yield estimates

Nov. 9, 2021 at 4:11 pm CST

By Tom Polansek

U.S. livestock: CME live cattle at two-month high on strong beef demand

Nov. 8, 2021 at 5:59 pm CST

By Tom Polansek

U.S. grains: Soybeans, corn sag before USDA report

Nov. 8, 2021 at 3:50 pm CST

Chicago | Reuters — Chicago Board of Trade soybean and corn futures slumped on Monday as traders adjusted positions before the release of key U.S. Department of Agriculture crop and inventory forecasts on Tuesday. Big U.S. harvests, near-perfect weather for planting in Brazil and signs of slowing purchases by […]

By Tom Polansek

U.S. grains: Wheat firms on global supply concerns

Oct. 22, 2021 at 6:54 pm CDT

Chicago | Reuters — Chicago wheat rose on Friday, supported by global supply concerns and an easing dollar. Corn followed wheat higher, but gains were dragged down by pressure from a lower soybean market as U.S. farmers reap better-than-expected harvests of the oilseed. The most-active wheat contract on the Chicago […]

By Christopher Walljasper

U.S. livestock: CME live cattle falls as cash market idles

Oct. 22, 2021 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live […]

By Christopher Walljasper

U.S. livestock: CME lean hogs fall on sluggish export sales

Oct. 21, 2021 at 7:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third session on Thursday, pressured by weak export activity, traders said. CME December lean hog futures settled down 2.825 cents at 73.2 cents/lb., its biggest drop since Sept. 10 (all figures US$). CME February hogs ended down […]

By Christopher Walljasper

CBOT weekly outlook: Soy, corn strength impressive for time of year

Oct. 20, 2021 at 12:56 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have posted solid gains over the week ended Wednesday, recovering after bearish yield and stocks data from the U.S. Department of Agriculture sparked a selloff a week earlier. Terry Reilly of Futures International in Chicago used “pretty impressive” […]

By Phil Franz-Warkentin