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Tag Archives usda


(Qingwa/iStock/Getty Images)
Crops, Markets

USDA sees little change in Australian, Canadian wheat output

By MarketsFarm January 28, 2023
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

CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

By Mark Weinraub January 27, 2023
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 March 2023 soybean oil (candlesticks, right column) with Bollinger bands (20,2) and CBOT March 2023 soybean meal (black line, left column). (Barchart)
Crops, Markets

CBOT weekly outlook: Commodities largely rangebound after USDA report

By Glen Hallick January 26, 2023
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

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

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

By Karl Plume January 14, 2023
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

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

U.S. grains: Corn, soybeans surge after USDA cuts 2022 harvest view

Brazil's CONAB projects big corn crop, record soy crop

By Karl Plume January 12, 2023
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


CBOT March 2023 soft red winter wheat with 20-day moving average (green line), 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: Futures firm ahead of USDA crop data

Wheat up on technicals, short covering; corn mixed, soybeans firm on Argentine drought concerns

By Karl Plume January 12, 2023
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

Farmers in Argentina had planted 30 per cent of expected soybean acres and 28 per cent of the potential corn area in early December.
Markets, Markets/Business

2022 corn, soybean yields lower than expected

The amount of winter wheat harvested in Ontario, however, was above expectations

By Jerry Klassen January 5, 2023
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 March 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Sideways canola market watching macros

USDA report may offer nearby direction

By Phil Franz-Warkentin January 5, 2023
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


File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: USDA ‘data dump’ due next week

'Minor changes' expected for corn, soy

By Glen Hallick January 5, 2023
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

File photo of winter wheat plants in snow. (Volodymyr Shtun/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: U.S. winter wheat to feel the cold

Crop off to 'a really bad start'

By Glen Hallick December 22, 2022
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

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