MarketsFarm — There isn’t much in the way of significant changes in the U.S. Department of Agriculture’s (USDA) attaché reports on grain production in Australia and Canada. USDA’s Global Agricultural […] Read more
Tag Archives usda

USDA sees little change in Australian, Canadian wheat output

U.S. grains: Wheat, soy, corn up on strong export report
South America crop progress limits corn, soy gains
Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We […] Read more

CBOT weekly outlook: Commodities largely rangebound after USDA report
MarketsFarm — Although soyoil on the Chicago Board of Trade has fallen back for five consecutive days as of Tuesday, it has remained rather rangebound, according to trader Ryan Ettner […] Read more

U.S. grains: Soy, corn rise on smaller U.S. harvest, Argentina drought worries
U.S. markets closed Monday for Martin Luther King Jr. Day
Chicago | Reuters — U.S. soybean futures climbed for a third straight day on Friday and corn scaled to a 1-1/2 week top on follow-through buying after bullish U.S. Department […] Read more

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view
Brazil's CONAB projects big corn crop, record soy crop
Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday after the U.S. Department of Agriculture (USDA) unexpectedly cut its 2022 harvest estimates for both crops, which would […] Read more

U.S. grains: Futures firm ahead of USDA crop data
Wheat up on technicals, short covering; corn mixed, soybeans firm on Argentine drought concerns
Chicago | Reuters — U.S. wheat futures firmed on Wednesday as a drop to 15-month lows in the previous session sparked technical buying and short covering, and as traders took […] Read more

2022 corn, soybean yields lower than expected
The amount of winter wheat harvested in Ontario, however, was above expectations
Statistics Canada released its final crop survey Dec. 2 for 2022 showing corn and soybean yields were lower than expected. Ontario farmers harvested 9.44 million tonnes of corn, which was […] Read more

ICE weekly outlook: Sideways canola market watching macros
USDA report may offer nearby direction
MarketsFarm — ICE Futures canola contracts remain stuck in a sideways trading range to start the New Year, with bearish outside forces countered by relatively supportive fundamentals. From a chart […] Read more

CBOT weekly outlook: USDA ‘data dump’ due next week
'Minor changes' expected for corn, soy
MarketsFarm — A flurry of reports is coming from the U.S. Department of Agriculture (USDA) on Jan. 12, including its monthly supply and demand estimates, quarterly grains stocks report and […] Read more

CBOT weekly outlook: U.S. winter wheat to feel the cold
Crop off to 'a really bad start'
MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board […] Read more