Insights and Stories on USDA

U.S. livestock: CME cattle, hog contracts end firm

Jul. 21, 2021 at 5:29 pm CDT

Chicago | Reuters — CME cattle and hog futures rose on Wednesday, supported by concerns about near-term supplies, traders said. Analysts were expecting a U.S. Agriculture Department report on Friday to show that the number of cattle on feed as of July 1 was 99 per cent of the year-earlier […]

U.S. grains: Wheat climbs on deteriorating crop conditions

Jul. 20, 2021 at 5:11 pm CDT

By Christopher Walljasper

U.S. grains: Wheat climbs as drought persists

Jul. 19, 2021 at 4:13 pm CDT

By Christopher Walljasper

CBOT weekly outlook: Inflation another major concern for traders

Jul. 14, 2021 at 4:58 pm CDT

By Adam Peleshaty

U.S. livestock: Live cattle firm on cash market optimism

Jul. 13, 2021 at 6:29 pm CDT

By Julie Ingwersen

U.S. grains: Corn up on supply worries

Jul. 13, 2021 at 4:28 pm CDT

Chicago | Reuters — U.S. corn futures rose on Tuesday on concerns about tightening grain supplies while soybean futures advanced on strong global vegetable oil markets, analysts said. Wheat futures turned lower on profit-taking after rallying on supply concerns a day earlier. Chicago Board of Trade September corn futures settled […]

By Julie Ingwersen

USDA pegs wheat ending stocks to be lowest since 2013-14

Jul. 12, 2021 at 8:04 pm CDT

MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat — especially durum and spring wheat. According to USDA’s monthly world agriculture supply and demand estimates (WASDE) released Monday, 2021-22 […]

By Adam Peleshaty

U.S. livestock: Hog futures rise as pork production estimates cut

Jul. 12, 2021 at 8:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Monday as the U.S. Department of Agriculture reduced its domestic pork production estimates for this year and next year. The USDA cut its production estimates because of reduced expectations for commercial hog slaughtering in the second half of […]

By Tom Polansek

U.S. grains: Wheat futures rally after U.S. slashes harvest estimates

Jul. 12, 2021 at 6:20 pm CDT

Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also jumped. The U.S. Department of Agriculture, in a monthly report, slashed its harvest outlook for spring wheat other than durum […]

By Tom Polansek

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Jul. 9, 2021 at 5:44 pm CDT

Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat followed lower, but was propped up by drier conditions across the northern U.S. Plains, while soybeans inched higher on long-term […]

By Christopher Walljasper