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Tag Archives usda


CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures hit six-week low on projected plantings

Corn, soy, wheat prices to drop from 2022, USDA predicts

By Tom Polansek February 23, 2023
Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices […] Read more

CBOT March 2023 soybeans with 20-day moving average (right column) and CBOT March 2023 soyoil (dark green line, left column). (Barchart)
Crops, Markets

U.S. grains: Soy, corn hit one-week highs on Argentina weather worries

Firmer U.S. dollar drags on CBOT wheat

By Julie Ingwersen February 22, 2023
Chicago | Reuters — U.S. soybean and corn futures hit their highest in a week and soyoil touched a one-month peak on Tuesday as worries about crop prospects in drought-hit […] Read more

CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Values pull back from upper ranges

Early U.S. estimate of planting intentions due out next week

By Glen Hallick February 15, 2023
MarketsFarm — Despite some bullish influences, commodity prices at the Chicago Board of Trade (CBOT) were stepping back in mid-February. That movement wasn’t a surprise to Scott Capinegro of Barrington […] Read more

File photo of a cornfield in Argentina. (Reisegraf/iStock/Getty Images)
Crops, Markets

Revisions possible for Argentina corn, wheat carryouts

USDA attache has eyes on drought conditions

By MarketsFarm February 14, 2023
MarketsFarm — There should be changes to 2022-23 Argentina corn and wheat endings stocks, according to the U.S. Department of Agriculture’s (USDA) attaché in Buenos Aires. The Global Agricultural Information […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Latest USDA adjustments do little to move market

Selling pressure short-lived after report

By Phil Franz-Warkentin February 8, 2023
MarketsFarm — Updated supply/demand estimates (WASDE) from the U.S. Department of Agriculture were neutral to slightly bearish for soybeans, corn and wheat, with latest numbers largely coming in line with […] Read more


CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat, corn, soy firm on WASDE report

South America's weather drags on competing exports

By Christopher Walljasper February 8, 2023
Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Wednesday, supported by weather conditions in South America that hamper rival exports, though higher-than-expected U.S. supplies limited gains. […] Read more

CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

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

U.S. wheat futures end mixed

By Mark Weinraub February 8, 2023
Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday as investors squared positions ahead of the U.S. government’s key monthly reports on global supply […] Read more

CBOT March 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy futures fall on technical selling

Corn edges higher; wheat weak

By Mark Weinraub February 6, 2023
Chicago | Reuters — U.S. soybean futures dropped on Monday on a technical setback after rallying to the high end of recent trading ranges last week, traders said. Corn ended […] Read more


File photo of young plants in a soybean field in Argentina. (Gracieross/iStock/Getty Images)
Crops, Markets

Argentina soybean crop smaller than expected, USDA attaché says

By MarketsFarm February 2, 2023
MarketsFarm — Argentina’s 2022-23 soybean crop is likely much smaller than official projections as high temperatures and a lack of moisture cut into yields, according to an update from the […] Read more

CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat futures firm; technical resistance weighs

Chicago soybeans up, corn down

By Christopher Walljasper, P.J. Huffstutter February 1, 2023
Chicago | Reuters — Chicago wheat futures gained on Tuesday as traders eye winter wheat conditions across the U.S. Plains amid a second frigid cold snap this season, though futures […] Read more

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