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The Latest Breaking News from USDA

Corn Pops Higher on Thursday with Continued Export Business

Corn futures posted gains on Thursday, with contracts up 3 to 4 cents in most front months, as December was up 6 ¼. The CmdtyView national average Cash Corn price was up 4 cents on the day at $4.02 3/4. USDA reported a private export sale of 100,800 MT of...

Barchart

Hogs See Thursday Gains

Lean hog futures closed the Thursday session with contracts 57 cents to $1.05 higher. USDA’s national base hog price was reported at $72.65 on Thursday afternoon, up $0.56 from the day prior. The CME Lean Hog Index was back up 6 cents on December 2 at $81.67. USDA’s Export Sales...

Barchart

Higher Indian Sugar Production Weighs on Prices

March NY world sugar #11 (SBH26 ) on Thursday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26 ) closed down -1.00 (-0.23%). Sugar prices finished lower on Thursday, consolidating this week's losses. On Monday, sugar prices fell sharply to 1.5-week lows amid India's ramped-up sugar production....

Barchart

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Cattle Rally Continuing to Thursday

Live cattle futures are trading with $1.50 to $2 gains at midday. Cash trade has been quiet so far this week, with some northern bids at $216 and southern bids at $218. Feeder cattle futures are extending gains with contracts $3 to $4.52 higher at midday. The CME Feeder Cattle...

Barchart

Soybeans Rebounding on Thursday

Soybeans are showing 3 to 5 ¾ cent gains across most contracts on Thursday. The cmdtyView national average Cash Bean price is 5 3/4 cents higher at $10.51 3/4. Soymeal futures are up 50 to 70 cents, with Soy Oil futures 14 to 18 points higher. USDA continued their backlogged...

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Hogs Posting Midday Gains

Lean hog futures are trading with 50 cent to $1 gains at midday. USDA’s national base hog price was reported at $72.08 on Thursday morning, up $3.07 from the day prior. The CME Lean Hog Index was back up 6 cents on December 2 at $81.67. USDA’s Export Sales report...

Barchart

Corn Bulls Pushing Back Higher on Thursday as Export Business Picks Up

Corn futures are trading with Thursday gains of 3 to 6 ¼ cents at midday. The CmdtyView national average Cash Corn price is up 4 cents at $4.02 3/4. USDA reported a private export sale of 100,800 MT of corn to Colombia, with 392,500 MT to Mexico this morning via...

Barchart

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Sugar Prices Slightly Lower as Supply Concerns Ease

March NY world sugar #11 (SBH26 ) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26 ) is down -0.40 (-0.09%). Sugar prices are slightly lower today as they consolidate this week's losses. On Monday, sugar prices fell sharply to 1.5-week lows amid India's ramped-up sugar...

Barchart

Hogs See Stronger Wednesday Trade

Lean hog futures closed with gains of 5 to 90 cents on Wednesday. Preliminary open interest was down 1,552 contracts. USDA’s national base hog price was reported at $72.09 on Wednesday afternoon, up 76 cents from the day prior. The CME Lean Hog Index was down another 6 cents on...

Barchart

Soybeans Back to Higher Trade on Thursday

Soybeans are trading with 3 to 5 ½ cent higher trade so far on Thursday morning. Futures fell back by 9 to 10 cents in the front months on Wednesday. Open interest was up 7,026 contracts on Wednesday, mainly in the March. The cmdtyView national average Cash Bean price was...

Barchart

Cattle Look to Thursday Trade Following Strength

Live cattle futures closed the Wednesday session with contracts up 47 cents to $1.10. Open interest was down just 906 contracts. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live...

Barchart

Hogs Post Wednesday Strength

Lean hog futures closed with gains of 5 to 90 cents on Wednesday. USDA’s national base hog price was reported at $72.09 on Wednesday afternoon, up 76 cents from the day prior. The CME Lean Hog Index was down another 6 cents on December 1 at $81.61. USDA’s pork carcass...

Barchart

Soybeans Fall Back on Wednesday as Trade Await More Chinese Business

Soybeans fell back by 9 to 10 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was 8 3/4 cents lower at $10.45. Soymeal futures were down 20 cents to $1.70, with Soy Oil futures 89 to 101 points lower. There were 3 deliveries issued...

Barchart

Cattle Extend Gains to Wednesday

Live cattle futures closed the Wednesday session with contracts up 47 cents to $1.10. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live and $325-326 in the beef. Feeder cattle...

Barchart

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Stronger India Sugar Output Undercuts Prices

March NY world sugar #11 (SBH26 ) on Wednesday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26 ) closed down -3.20 (-0.75%). Sugar prices fell on Wednesday amid expectations of larger sugar supplies from India. On Monday, sugar prices fell sharply to 1-week lows amid India's...

Barchart

Sugar Prices Pressured by the Outlook for Bigger Supplies from India

March NY world sugar #11 (SBH26 ) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26 ) is down -2.90 (-0.68%). Sugar prices are moving lower today amid an outlook for larger sugar supplies from India. On Monday, sugar prices fell sharply to 1-week lows amid...

Barchart

Cattle Pushing Gains to Wednesday

Live cattle futures are up $1.50 to $2 so far on Wednesday. Cash trade has yet to take place this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live and $325-326 in the beef. Feeder cattle futures are...

Barchart

Hogs Posting Midweek Strength

Lean hog futures are up 25 cents to $1 so far on Wednesday. USDA’s national base hog price was reported at $69.01 on Wednesday morning, down $1.05 from the day prior. The CME Lean Hog Index was down another 6 cents on December 1 at $81.61. CFTC data from Tuesday...

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Soybeans Heading Lower at Midday

Soybeans are slipping back at midday, with losses of 4 to 6 cents. The cmdtyView national average Cash Bean price was 4 1/2 cents lower at $10.49 1/2. Soymeal futures are up 20 cents to $1.30, with Soy Oil futures 75 points higher. There were 3 deliveries issued against December...

Roll Call

Rollins says USDA will withhold food stamp funds from blue states - Roll Call

The USDA requested states in February to turn over data about benefit recipients under the Supplemental Nutrition Assistance Program.

Barchart

Hogs Look to Wednesday Trade

Lean hog futures closed mixed, with December up 27 cents and other contracts down 12 to 50 cents. Open interest was up 1,114 contracts on Tuesday. USDA’s national base hog price was reported at $71.33 on Tuesday afternoon, down 35 cents from the day prior. The CME Lean Hog Index...

Barchart

Cattle Traders Look to Midweek Action

Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Open interest was down just 860 contracts on Tuesday. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on...

Benzinga

Trump Administration To Halt SNAP Benefits In Democrat States For 'Hiding' Immigration Information: 'No Data, No Money'

The Trump administration is set to suspend aid for states run by Democrats that do not disclose identifying information about Supplemental Nutrition Assistance Program (SNAP) beneficiaries, including their immigration status.

International Business Times

Trump Admin Threatens to Starve Citizens By Cutting Food Stamp Funding in Democratic States Over Data Dispute

USDA is requesting states to submit data on food-stamp recipients, but several have not done so, raising the possibility that SNAP funding could be disrupted.

Barchart

Hogs Close on a Mixed Note on Tuesday

Lean hog futures closed mixed, with December up 27 cents and other contracts down 12 to 50 cents. USDA’s national base hog price was reported at $71.33 on Tuesday afternoon, down 35 cents from the day prior. The CME Lean Hog Index was down another 25 cents on November 28...

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