USDA Archives - Page 64 of 199

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybean, wheat fall ahead of USDA report

StatsCan stocks report dragged on wheat

By Mark Weinraub, GFM Network News September 9, 2021

Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling after a Canadian report on […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola market awaits harvests, USDA

By Phil Franz-Warkentin, GFM Network News September 9, 2021

MarketsFarm — Canola contracts on the ICE Futures platform drifted lower during the week ended Wednesday, although the market remains stuck in a sideways trading pattern overall as participants try to get a better handle on the size of this year’s crop. An upcoming supply/demand report from the U.S. Department of Agriculture also has the […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: ‘Tricky’ USDA report due Friday

By GFM Network News September 9, 2021

MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” That’s because of the impact Hurricane Ida had on the U.S. transportation system, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. In particular, […] Read more

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans, corn, wheat end firmer on bargain buying

Markets up off fall from Ida damage

By Julie Ingwersen, GFM Network News September 2, 2021

Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, bouncing a day after hitting […] Read more

Floodwaters surround Shell’s Norco fuel refinery site after Hurricane Ida pummeled Norco, La., west of New Orleans, on Aug. 30, 2021. (File photo: Reuters/Devika Krishna Kumar)

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Soybeans, corn looking past hurricane

By GFM Network News September 1, 2021

MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, if any, are for the […] Read more

Livestock, Reuters

U.S. reports world’s first deer with COVID-19

By Reuters, GFM Network News August 27, 2021

Chicago | Reuters — The U.S. government said Friday it had confirmed the world’s first cases of COVID-19 in deer, expanding the list of animals known to have tested positive for the disease. The U.S. Department of Agriculture reported infections of SARS-CoV-2, the virus that causes COVID-19, in wild white-tailed deer in the state of […] Read more

An Asian giant hornet, trapped at Birch Bay, Wash. on July 14, 2020 by Washington State Department of Agriculture (WSDA) researchers, is seen at Olympia, Wash. on July 29, 2020. (Photo: WSDA/Chris Looney/handout via Reuters)

Livestock, Reuters

Washington state eradicates first ‘murder hornet’ nest of the year

Nest found in northwestern county near B.C. border

By Reuters, GFM Network News August 26, 2021

Reuters — Washington state eradicated its first Asian giant hornet nest of the year by vacuuming out 113 worker hornets and removing bark and decayed wood near the nest, Washington State Department of Agriculture (WSDA) officials said Thursday. The so-called stinging “murder hornets,” the world’s largest hornets, can grow to five centimetres in length and […] Read more

CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise

Hot weather forecast for heart of Midwest farm belt

By GFM Network News August 24, 2021

Chicago | Reuters — U.S. soybean futures rallied on Tuesday on eroding Midwest crop conditions and improving export demand, and as soyoil prices rose another three per cent amid further gains in crude oil markets. Corn futures also climbed on deteriorating crop conditions across the heart of the farm belt. Wheat ended lower, though spillover […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans, wheat gain in commodities rebound

Biofuel worries cap corn

By GFM Network News August 23, 2021

Chicago | Reuters — U.S. soybean futures firmed on Monday in a modest recovery from last week’s two-month low as crude oil markets rebounded and lifted soyoil prices more than three per cent, traders said. Wheat also gained as the U.S. dollar softened and as weekly export inspections topped trade expectations. Corn was flat to […] Read more

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

Crops, Markets

CBOT weekly outlook: Focus shifts away from USDA supply, demand estimates

By GFM Network News August 18, 2021

MarketsFarm — Nearly a week after the U.S. Department of Agriculture’s (USDA) Aug. 12 release of its monthly supply and demand estimates, they still lingered in the minds of traders at the Chicago Board of Trade (CBOT). “Corn at $5.65 (per bushel), that’s where it’s trading right now, that is the fair market value for […] Read more

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

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