Insights and Stories on USDA

Detail from the front of the CBOT building in Chicago.

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

Nov. 9, 2021 at 5:19 pm CST

MarketsFarm — There has been a rally at the Chicago Board of Trade (CBOT) following the release of the monthly supply and demand report from the U.S. Department of Agriculture (USDA — but it’s unlikely for that rally to continue, an analyst said. Soybeans jumped in excess of 25 cents […]

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

By Tom Polansek

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

Oct. 22, 2021 at 6:54 pm CDT

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

U.S. grains: Soybeans up on firm cash markets, vegoils

Oct. 19, 2021 at 6:35 pm CDT

Chicago | Reuters — U.S. soybean futures ended higher on Tuesday for a fourth straight session, with the benchmark November contract touching a one-week top on firm cash markets and global demand for vegetable oils, analysts said. But Chicago Board of Trade corn and wheat futures closed lower, sagging after […]

By Julie Ingwersen

U.S. grains: Corn climbs on export data, acreage worries

Oct. 18, 2021 at 6:00 pm CDT

Chicago | Reuters — U.S. corn futures ended higher on Monday, rallying from early declines, as traders focused on stronger-than-expected weekly U.S. export inspections data and fears that rising fertilizer prices could limit corn plantings in the coming year. Soybean futures also rose, buoyed by strength in soyoil and global […]

By Julie Ingwersen