Insights and Stories on USDA

U.S. grains: Corn climbs on weaker crop conditions

Aug. 25, 2021 at 5:30 pm CDT

Chicago | Reuters — Chicago corn futures climbed on Wednesday for a second day after the U.S. Department of Agriculture cut crop ratings on Monday afternoon, though beneficial rainfall across parts of the upper U.S. Midwest limited gains. Soybeans ended higher after the market made its biggest daily gain since […]

U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise

Aug. 24, 2021 at 6:54 pm CDT

By Karl Plume

U.S. livestock: CME cattle futures post new highs, end mixed

Aug. 24, 2021 at 6:49 pm CDT

By Karl Plume

U.S. grains: Soybeans, wheat gain in commodities rebound

Aug. 23, 2021 at 3:29 pm CDT

By Karl Plume

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

Aug. 20, 2021 at 6:39 pm CDT

By Karl Plume

U.S. livestock: CME cattle up on firm cash market, beef prices

Aug. 18, 2021 at 4:32 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) […]

By Karl Plume

CBOT weekly outlook: Focus shifts away from USDA supply, demand estimates

Aug. 18, 2021 at 1:40 pm CDT

MarketsFarm — Nearly a week after the U.S. Department of Agriculture’s (USDA) Aug. 12 release of its monthly supply and demand estimates, they still lingered in the minds of traders at the Chicago Board of Trade (CBOT). “Corn at $5.65 (per bushel), that’s where it’s trading right now, that is […]

By Adam Peleshaty

U.S. grains: Wheat tumbles on profit-taking off eight-year high

Aug. 17, 2021 at 6:26 pm CDT

Chicago | Reuters — U.S. wheat futures fell more than three per cent on Tuesday in a profit-taking setback after the most-active contract reached an 8-1/2-year high last week, traders said. Corn and soybean futures followed wheat lower, with soybeans retreating from early advances despite fresh export sales of U.S. […]

By Julie Ingwersen Tom Polansek

U.S. grains: Wheat ends mixed, near 8-1/2-year high

Aug. 16, 2021 at 7:27 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week […]

By Tom Polansek

U.S. livestock: CME lean hogs climb on strong cash

Aug. 16, 2021 at 7:18 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose nearly three per cent on Monday on technical buying and relatively strong cash hog markets, analysts said. CME’s benchmark October hog contract settled up 2.475 cents, or 2.9 per cent, at 89 cents/lb., pushing just above chart […]

By Julie Ingwersen