USDA Archives - Page 107 of 199

CBOT January 2019 soybeans, with 20-day moving average. (Barchart)

U.S. grains: Soybeans up after Trump comments on China, trade

By GFM Network News November 16, 2018

Chicago | Reuters — U.S. soybean futures ended higher on Friday after rebounding on President Donald Trump’s comments that his administration may not have to impose further tariffs on China, the world’s biggest soybean buyer. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans higher on slow harvest pace

By GFM Network News November 14, 2018

Chicago | Reuters — U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up […] Read more

CBOT December 2018 corn, with Decmeber 2018 wheat in purple. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, wheat follow broad commodities weakness

By GFM Network News November 13, 2018

Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December corn settled down 4-3/4 cents […] Read more

Markets, Reuters, Soybeans

USDA sees ballooning soy supplies as trade war roils exports

By GFM Network News November 9, 2018

Chicago | Reuters – The U.S. soybean crop will be smaller than expected but stocks are forecast to rise sharply as a trade fight with China weighs heavily on exports, the U.S. Agriculture Department said on Thursday. The government also trimmed its outlook for domestic corn production in its monthly supply and demand report, with yields from […] Read more

Crops, Markets

CBOT soybeans recover after dismal USDA data

By GFM Network News November 8, 2018

CNS Canada – The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, […] Read more

Crops

USDA sees more U.S. corn, fewer soybean acres over next decade

By MarketsFarm Team, GFM Network News November 2, 2018

CNS Canada – Farmers in the United States are expected to increase their corn seedings over the next decade while reducing soybean area, according to early baseline projections from the U.S. Department of Agriculture released Nov. 2. The complete USDA Agricultural Projections to 2028 report will be released in February. The projections are based on […] Read more

U.S. Secretary of Agriculture Sonny Perdue speaks during an event hosted by U.S. President Donald Trump at the White House in Washington, Oct. 17, 2018.
Photo: Reuters/Joshua Roberts/File

Crops, Reuters

U.S. agriculture chief says no plan to extend farm aid to offset tariffs

By GFM Network News October 29, 2018

Washington | Reuters – The U.S. Department of Agriculture is not planning to extend an up to $12 billion aid package for farmers into 2019, Secretary Sonny Perdue said on Monday, to mitigate farmer losses due to the imposition of tariffs on American exports. “Farmers are very resilient and adept in making their planning and […] Read more

Hogs, Markets, Reuters

Hog industry worldwide getting slaughtered in trade war

By GFM Network News October 26, 2018

Beijing/Chicago/Carambei | Reuters – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. His company, The Machhoffs, has halted U.S. projects worth up to $30 million and may move some operations overseas. Investing in domestic operations now would be “ludicrous” […] Read more

The USDA wants sick pigs immediately reported so they can be tested for African swine fever. Photo: File

Hogs, Livestock, Reuters

U.S. farmers, government fight risk of African swine fever

By GFM Network News October 22, 2018

Chicago | Reuters – U.S. hog farmers are ramping up safety procedures and leaving animal-feed ingredients imported from China in storage in an attempt to keep out a highly contagious swine disease that is sweeping through Asia and Europe. U.S. government officials said in interviews on Friday they are also increasing their ability to test […] Read more

CBOT December 2018 corn (in black) and November 2018 soybeans (in green). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans hit one-week low on export woes

By GFM Network News October 19, 2018

Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more

GFM Network News

U.S. livestock: Cattle futures gain on higher beef values, tight supplies

Mail strike disrupts grain sample delivery

U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties

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