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Tag Archives usda


(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle firms on technical buying as Labor Day nears

By Renee Hickman, Reuters August 14, 2024
Chicago Mercantile Exchange (CME) cattle futures rose on Wednesday on technical buying and increasing beef demand ahead of the upcoming U.S. Labor Day holiday, analysts said.

Photo: Thinkstock
Markets

CBOT Weekly: Conditions for U.S. soybeans, corn ‘just ideal’

By Glenn Cheater August 14, 2024
With rain forecast for most of the United States Corn Belt, the prospects for larger than expected soybean and corn crops is pretty much certain, according to broker Scott Capinegro of AgMarket Inc. in Chicago.

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

U.S. grains: Soybeans set another four-year low following USDA report

By Renee Hickman, Reuters August 13, 2024
Chicago soybean futures lost more ground on Tuesday, setting another four-year low a day after U.S. Department of Agriculture data reinforced the prospect of a bumper U.S. harvest.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle rise on stronger beef demand, lower corn prices

By Renee Hickman, Reuters August 13, 2024
Chicago Mercantile Exchange (CME) cattle futures rose on Tuesday with beef demand increasing ahead of the approaching Labor Day holiday and as corn futures dipped following the U.S. Department of Agriculture's weekly crop progress and condition report.

Workers use knives to butcher cattle carcasses at a new Hertzog Meat Co beef plant, in Butler, Missouri, U.S., June 14, 2021. Picture taken June 14, 2021.  Todd Hertzog/Handout via REUTERS.
News

US to expand bird-flu testing of beef in slaughterhouses

By Leah Douglas, Reuters August 13, 2024
The U.S. Department of Agriculture said on Tuesday it will expand bird-flu testing of beef entering the food supply as part of its response to the ongoing outbreak among dairy cattle, adding that U.S. beef and dairy products remain safe to consume.


Photo: File
Markets

USDA forecasts record soy, bumper corn crops

By Heather Schlitz August 12, 2024
Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised […] Read more

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle, lean hog futures firm as economy concerns ease

By P.J. Huffstutter, Reuters August 9, 2024
Chicago Mercantile Exchange (CME) livestock futures turned higher on Friday, as cattle futures rebounded from recent sharp drops in pricing amid a flurry of fund selling.

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Corn and soy futures near four-year low, wheat rises

By Reuters August 9, 2024
Chicago corn and soy futures closed near four-year lows on Friday and posted weekly losses, while wheat prices rose on expectations of a poor crop in France as traders positioned for Monday's U.S. supply and demand report.


(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle, pork futures fall amid fund selling

By P.J. Huffstutter August 8, 2024
Chicago Mercantile Exchange (CME) livestock futures turned lower on Thursday, with cattle futures slumping amid a flurry of fund selling and weakening wholesale pricing, traders said.

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

U.S. grains: Corn, soybeans face bearish pressure on hefty supplies

By P.J. Huffstutter, Reuters August 8, 2024
Chicago Board of Trade (CBOT) corn futures fell on Thursday, and soybean futures set new life-of-contract lows, as U.S. farmers scramble to sell their bins of old-crop grain and oilseeds into a global market awash in supplies, traders said.

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