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Tag Archives USDA


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn futures turn higher on surprise old-crop stocks forecast

By P.J. Huffstutter, Reuters July 12, 2024
Chicago Board of Trade corn futures rebounded off of multi-year lows on Friday, and soybean futures briefly turned higher, as a government report forecast tighter stocks than traders had expected.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn and soybeans rebound ahead of data

By Heather Schlitz, Reuters July 11, 2024
Chicago wheat, corn and soybean futures regained ground on Thursday after Wednesday's dramatic losses as investors covered short positions ahead of the U.S. Department of Agriculture's supply and demand report set to be released on Friday.


Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying

By Heather Schlitz, Reuters July 11, 2024
Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.

Photo: iStock/File
Markets, Reuters

U.S. livestock: Hog futures close down the daily limit on oversupply

By Heather Schlitz, Reuters July 10, 2024
CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soy futures fall to 2020 low on strong US crop prospects

By Heather Schlitz, Reuters July 10, 2024
Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year low as favorable U.S. crop conditions kept a lid on prices.

File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Markets

CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn

By Phil Franz-Warkentin July 10, 2024
Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower on dip in consumer demand

By Heather Schlitz, Reuters July 9, 2024
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn recover after slide; soy hits 2020 low

By Heather Schlitz, Reuters July 9, 2024
Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean, grain futures drop on expectation of positive crop report

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.


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