Insights and Stories on USDA

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 […]

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

Jul. 7, 2021 at 6:54 pm CDT

By David Shepardson diane-bartz

CBOT weekly outlook: U.S. Midwest weather in focus for soy, corn

Jul. 7, 2021 at 5:05 pm CDT

By Phil Franz-Warkentin

U.S. grains: Soy futures rebound on declining crop condition

Jul. 7, 2021 at 4:54 pm CDT

By Tom Polansek

U.S. grains: Corn limit down as crop weather improves

Jul. 6, 2021 at 7:57 pm CDT

By Tom Polansek

U.S. grains: Corn futures retreat on profit-taking

Jul. 2, 2021 at 7:22 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures retreated on profit-taking on Friday, while soybean futures extended gains fueled by lower-than-expected U.S. acreage estimates and dry weather in part of the Midwest, traders said. Corn pulled back after surging by the daily, exchange-imposed limit on Wednesday when the […]

By Tom Polansek

U.S. grains: Soybeans, wheat fall

Jul. 1, 2021 at 7:39 pm CDT

Chicago | Reuters — U.S. soybean and wheat futures fell on Thursday while corn firmed slightly, with all three commodities closing well off their session peaks on a round of profit taking after rallying to their highest since mid-June, traders said. Forecasts for improving crop weather in the U.S. Midwest […]

By Mark Weinraub

U.S. livestock: Lean hogs retreat from one-week high

Jun. 30, 2021 at 6:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Wednesday in a retreat from early gains in which the most-active contract topped a one-week high. Traders watched a rally in grain prices that makes it more expensive to feed livestock. Corn and soy futures soared at […]

By Tom Polansek

CBOT weekly outlook: USDA reports generate immediate turnaround

Jun. 30, 2021 at 5:27 pm CDT

MarketsFarm — Commodity prices for corn, soybeans and wheat made a very quick turnaround on Wednesday following the release of two major reports from the U.S. Department of Agriculture (USDA). “At 11 o’clock corn was down 14 cents per bushel and went limit up 40 cents,” commented Scott Capinegro of […]

By Glen Hallick - MarketsFarm

U.S. grains: Corn, soy surge as U.S. farmers plant fewer acres than expected

Jun. 30, 2021 at 5:06 pm CDT

Chicago | Reuters — Chicago Board of Trade grain and soybean futures surged on Wednesday after the U.S. Department of Agriculture surprised traders with lower-than-expected plantings estimates and inventory data. Corn climbed by their daily exchange-imposed limit after USDA pegged plantings of the crop at 92.692 million acres, below analysts’ […]

By Tom Polansek