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(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on USDA data

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Tuesday after the U.S. Department of Agriculture trimmed its forecast of U.S. 2017-18 soybean ending stocks in a monthly report, bucking trade expectations for an increase. Wheat closed modestly higher on technical buying and worries about poor weather in the U.S. Plains wheat belt, while […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat soars on U.S. weather woes

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Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures surged nearly four per cent on Monday, nearing a one-month high as cold weather threatened to stress U.S. wheat already weakened by drought, traders said. Soybean futures rose on signs of fresh export demand and corn followed the firm trend, with wintry conditions in the Midwest adding to […] Read more
(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans sink on plentiful stocks, trade tensions

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures were lower on Monday as early-session support from a lower-than-anticipated government forecast on spring plantings faded and the market’s focus turned to ample U.S. supplies and rising trade tensions with top importer China. Corn futures notched a 2-1/2-week high on the U.S. Agriculture Department’s bullish acreage forecast late […] Read more
(USDA.gov via Flickr)
Hogs, Livestock, Markets, Reuters

U.S. March hog herd hits record high

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Reading Time: 2 minutes Chicago | Reuters — The number of hogs on U.S. farms in the December-February quarter was up 3.1 per cent from the same period a year ago, a record high for the quarter, according to Thursday’s U.S. Department of Agriculture (USDA) report. Farmers added extra pigs, encouraged by less-costly feed during that period and the […] Read more
A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops, Markets, Reuters

U.S. grains: Corn, soy soar on bullish USDA plantings forecast

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped nearly four per cent on Thursday and soybeans surged more than two per cent after the U.S. Department of Agriculture stunned traders by projecting a year-on-year decline in soybean plantings and a larger-than-expected drop in corn acres. Chicago Board of Trade wheat futures followed the firm trend, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle tumble as USDA report rallies corn

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell sharply on Thursday as a rally in the corn market sent feeder cattle tumbling and as weak cash cattle prices and rising supplies weighed on sentiment, traders said. The actively traded Chicago Mercantile Exchange June contract dropped by the three-cent-per-pound daily limit to settle at 102.575 […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Shocker USDA reports leave questions for traders

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Reading Time: 2 minutes CNS Canada — Two much anticipated reports from the U.S. Department of Agriculture (USDA) sent markets soaring and left traders speechless in the last trading day before the Easter holiday. USDA released its quarterly grain stocks and prospective plantings reports Thursday at 11 a.m. CT. Traders had been expecting corn area to be at 80.3 […] Read more

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