Insights and Stories on USDA

U.S. grains: Wheat climbs as drought persists

Jul. 19, 2021 at 4:13 pm CDT

Chicago | Reuters — Chicago wheat futures gained on Monday, climbing to a 2-1/2- month high, supported by dry weather in parts of U.S., Canadian and Russian growing areas that raises global supply worries. Soybeans eased after last week’s gains, pressured by broader losses in outside markets, though weather uncertainty […]

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

By Julie Ingwersen

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

Jul. 12, 2021 at 8:04 pm CDT

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

U.S. livestock: CME live cattle ease as beef demand cools

Jul. 8, 2021 at 5:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a second day, following U.S. boxed beef prices lower as seasonal demand cools. “You’re still seeing boxed beef pull back, which is normal, seasonally,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “We’re past the Fourth of July […]

By Tom Polansek

Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers

Jul. 7, 2021 at 6:54 pm CDT

Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues […]

By David Shepardson diane-bartz