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Soybean, corn market futures await USDA data

CNS Canada – Improving Midwestern weather forecasts weighed on soybean and corn futures at the Chicago Board of Trade during the week ended August 2, with all eyes now turning to upcoming USDA data. The USDA is set to release a number of key reports on August 10, including updated world supply/demand numbers and US

Livestock, Markets

U.S. livestock: Improved cash prices lift CME live cattle

By GFM Network News, Theopolis Waters July 21, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished firmer on Friday, led by higher cash prices than earlier this week, traders said. Technical buying and futures’ discounts to cash returns provided more market support. Investors were awaiting the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday at 2 p.m.

Crops, Weather

Global buyers of quality wheat face disappointment in Canada

By GFM Network News, Julie Ingwersen, Rod Nickel July 20, 2017

Winnipeg/Chicago | Reuters — Buyers looking to Canada for high-quality wheat to make bread as drought roils output in the northern U.S. may be thwarted, as dry weather has also hit crops there. Wheat plants with the high protein content needed to bake bread have shrivelled in the U.S., one of the world’s top exporters,

Livestock, Markets

U.S. livestock: Live cattle slump on profit-taking, cash caution

By GFM Network News, Theopolis Waters July 20, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, erasing most of Wednesday’s gains, pressured by profit-taking and caution while awaiting remaining cash prices, traders said. Technical selling contributed to market losses ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday, traders said. USDA will

Crops, Markets, Weather

U.S. grains: Corn, soy rise for third straight day

By GFM Network News, Mark Weinraub July 20, 2017

Chicago | Reuters — U.S. corn and soybean futures rallied on Thursday to their highest respective levels in more than a week, supported by forecasts for hot weather that will stress crops in key growing regions, traders said. Both commodities notched their third straight day of gains. Corn led the sector, rising 2.1 per cent,

Livestock, Markets

U.S. livestock: CME live cattle jump

By GFM Network News, Theopolis Waters July 19, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained sharply on Wednesday, fueled by short-covering in response to higher-than-expected preliminary cash prices, said traders. They said fund buying contributed to market advances. August ended 2.2 cents/lb. higher at 117.275 cents and above the 20-day moving average of 115.838 cents (all figures US$). October

Crops, Markets

CBOT weekly outlook: Corn, soy seen rising

By GFM Network News, Jade Markus July 19, 2017

CNS Canada — Corn and soybean futures at the Chicago Board of Trade are moving in turbulent trade with each U.S. weather forecast. “It’s all on raindrops right now,” said Scott Capinegro of Barrington Commodity Brokers. Recent forecasts for rain have pressured corn and soybean markets, though declining crop conditions could provide support moving forward.

A Western blot analysis, used to confirm BSE in bovine brain tissue. (Peggy Greb photo courtesy ARS/USDA)

Beef cattle, Livestock

Alabama finds atypical BSE case

By GFM Network News, Reuters July 19, 2017

Reuters — An 11-year-old cow in Alabama tested positive for bovine spongiform encephalopathy (BSE), the U.S. Department of Agriculture said on Tuesday. The cow tested positive for the atypical L-type of BSE after exhibiting clinical signs at an Alabama livestock market, USDA said in a press release. Atypical BSE can arise spontaneously in cattle herds,

Crops, Markets

U.S. grains: Corn, soy futures gain on weather worries

By GFM Network News, Michael Hirtzer July 18, 2017

Chicago | Reuters –– Chicago Board of Trade corn futures were higher on Tuesday, lifted by concerns that hot and dry weather could reduce yields for the U.S. harvest in the wake of government data showing deteriorating crop condition ratings, traders said. Corn finished about 10 cents per bushel below its earlier peaks and prices

Crops, Markets

U.S. grains: Wheat hits two-week low on spreading

By GFM Network News, Michael Hirtzer July 17, 2017

Chicago | Reuters — Chicago Board of Board of Trade wheat futures fell to a roughly two-week low on Monday while MGEX spring wheat gained one per cent in wheat spreading as dry conditions stressed the spring wheat crop in the northern U.S. Plains, traders said. Investors were selling most-active CBOT wheat and buying MGEX

Daily Network News

India, Japan canola crops to be steady in 2026/27 – USDA

ICE Weekly: Trade waits for canola to break out

Advance Payments Program interest free limit set at $250,000 for 2026

Tag Archives USDA

Soybean, corn market futures await USDA data

U.S. livestock: Improved cash prices lift CME live cattle

Global buyers of quality wheat face disappointment in Canada

U.S. livestock: Live cattle slump on profit-taking, cash caution

U.S. grains: Corn, soy rise for third straight day

U.S. livestock: CME live cattle jump

CBOT weekly outlook: Corn, soy seen rising

Alabama finds atypical BSE case

U.S. grains: Corn, soy futures gain on weather worries

U.S. grains: Wheat hits two-week low on spreading

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