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Daily Network News

  • Argus cut Ukraine’s harvested area projection to 5.1 million hectares from 5.2 million, while keeping the yield forecast to 4.6 tons per hectare. Photo: Sonia Third

    Argus cuts Ukraine wheat crop forecast on lower harvest area

    3 hours ago
  • The USDA attaché estimated harvested area in 2026-27 is to increase to 17.1 million hectares from 15.9 million, as more marginal land will be seeded with soybeans. Photo: Greg Berg

    Argentina soybean production to be firm in 2026-27

    4 hours ago
  • Southern California honeybees show resistance to varroa mites

    3 days ago
More News →

Tag Archives USDA

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans sink to three-month lows on Argentine rains

By GFM Network News, Karl Plume December 18, 2017
Chicago | Reuters — U.S. soybean futures slumped to three-month lows on Monday as rain in Argentina eased concerns that farmers would scale back planting in the country, the third-largest soybean exporter and top soy product supplier. Corn futures also declined on the rainy Argentine weather and pressure from abundant supplies of the grain. Wheat

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, corn, soy rebound on short-covering

By GFM Network News, Mark Weinraub December 13, 2017
Chicago | Reuters — U.S. wheat and corn futures rose on Wednesday, bouncing from contract lows hit the previous session as traders covered short positions, traders said. Soybean futures also firmed after sagging on Tuesday following the release of a U.S. government report that highlighted the bearish global supply situation. Chicago Board of Trade soft


(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Corn, soy look vulnerable to downside

By Dave Sims, GFM Network News December 13, 2017
CNS Canada — Soybean and corn futures both suffered losses over the past week as improving weather patterns in South America have pushed the commodities below their recent support levels. CBOT March corn dipped below the psychologically-important $3.50 a bushel level on Tuesday (all figures US$). The market was pressured by the U.S. Department of

(Mark Wilson photo courtesy Louis Dreyfus Co.)
Crops, Markets

U.S. grains: Soybeans sag as South American crop prospects improve

By GFM Network News, Julie Ingwersen December 12, 2017
Chicago | Reuters — Chicago Board of Trade soybean futures fell to a three-week low on Tuesday on improving weather in Argentina and rising estimates of Brazil’s soybean crop, while corn and wheat futures hit life-of-contract lows. CBOT January soybeans settled down 6-3/4 cents at $9.75-3/4 a bushel after dipping to $9.75, the contract’s lowest


(USDA.gov via Flickr)
Crops, Markets

U.S. soybean, wheat ending stocks seen up as exports fall

By GFM Network News, Mark Weinraub December 12, 2017
Washington | Reuters — Stockpiles of U.S. soybeans and wheat are expected to rise due to lower export demand amid heightened competition from rival global suppliers, government data on Tuesday showed. In a monthly supply and demand report, the U.S. Agriculture Department (USDA) raised its ending stocks forecast for domestic wheat and soybeans, and trimmed

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: CME hogs at three-month low on cash, pork prices

By GFM Network News, Theopolis Waters December 11, 2017
Chicago | Reuters — Chicago Mercantile Exchange lean hogs drifted to a three-month bottom on Monday, in response to lower cash and wholesale pork prices, said traders. Sell stops and deferred-month future’s premiums to CME’s hog index for Dec. 7 at 65.48 cents further weighed on contracts. December hogs, which will expire on Dec. 14,


(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Soybean markets excite while corn settles

By Ashley Robinson - MarketsFarm, GFM Network News December 6, 2017
CNS Canada — Soybean prices on the Chicago Board of Trade (CBOT) are finding support from Argentina weather while corn markets remain stuck in sideways trading, according to a Chicago trader. “The corn markets have kind of been left out of the Argentina weather equation with heavy fund selling here and there… and then might

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans, meal rise on Argentina weather

By GFM Network News, Michael Hirtzer December 4, 2017
Chicago | Reuters — U.S. soybean futures rose to a three-week high on Monday and soymeal jumped more than two per cent on buying backed by concerns that dry weather in Argentina will hurt crop yields. Corn futures fell more than one per cent, reversing early gains after technical selling, while wheat futures also eased


(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs retreat after trading at three-week high

By GFM Network News, Julie Ingwersen November 30, 2017
Chicago | Reuters — U.S. lean hog futures fell on Wednesday, retreating from a three-week high on technical selling and a U.S. Department of Agriculture (USDA) report showing a jump in average hog weights in Iowa and southern Minnesota, analysts said. Live cattle and feeder cattle futures rose on short-covering and bullish macroeconomic data. Live

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Corn up on export demand, technical bounce

By GFM Network News, Julie Ingwersen November 29, 2017
Chicago | Reuters — U.S. corn futures rose about one per cent Wednesday on fresh export demand and bargain-buying after the spot December contract dipped to a contract low, traders said. Wheat futures firmed, stabilizing after a series of contract lows in recent days, while soybeans ended fractionally lower after a choppy session. Most-active March


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