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The Latest Breaking News from USDA

Cattle Fall, Some by the Limit, on Thursday

Live cattle futures closed the Thursday session with contracts $5.47 to $6.27 lower. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. There were sales on 554 of the 1,428 head offered at $228 in the Thursday morning Fed Cattle...

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Hogs

Lean hog futures fell to weakness on Thursday, with contracts down $2.55 to $2.70. USDA’s national base hog price from Thursday afternoon was reported at $77.86, down 92 cents from the day prior. The CME Lean Hog Index was down another 4 cents on November 11 at $89.13. The USDA...

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Soybeans Rally Ahead of USDA Reports Set for Friday

Soybeans posted double digit gains in the nearbys on Thursday, as contracts were 10 to 13 ¼ cents higher at the close, with back months 2 to 8 ½ cents higher. The cmdtyView national average Cash Bean price was 12 3/4 cents higher at $10.73. Soymeal futures were up $2.50...

Barchart

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Trump ripped for invoking Bible’s command to care for children after fighting to keep SNAP food stamps from poorest kids

‘You literally fought in court to strip families of food assistance,’ Gavin Newsom tells president

The Independent UK

Sugar Prices Undercut by the Outlook for Robust Global Supplies

March NY world sugar #11 (SBH26 ) on Thursday closed down -0.08 (-0.55%), and December London ICE white sugar #5 (SWZ25 ) closed up +4.50 (+1.08%). Sugar prices on Thursday settled mixed, with London sugar posting a 1-week high. The outlook for robust global sugar supplies has hammered sugar prices...

Barchart

Federal worker says Trump administration retaliated against her over MSNBC interview about shutdown

A day after she appeared on MSNBC last month to talk about how millions of Americans could lose food benefits because of the shutdown, the USDA informed Ellen Mei that she was scheduled to be terminated because she shared government information ‘without prior approval.’

The Independent UK

Texans started receiving full SNAP benefits Friday

The U.S. Department of Agriculture on Thursday ordered states to send full SNAP benefits “promptly.”

The Texas Tribune

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Cattle Falling on Thursday

Live cattle futures are posting $3 to $3.50 losses so far at midday. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. There were sales on 554 of the 1,428 head offered at $228 in the Thursday morning Fed Cattle...

Barchart

Hog Losses Continue at Midday

Lean hog futures are down $2.17 to $2.60 at midday. USDA’s national base hog price from Thursday morning was reported at $80.36, down $1.21 from the day prior. The CME Lean Hog Index was down another 4 cents on November 11 at $89.13. The USDA reported 47,386 MT of pork...

Barchart

Sugar Prices Climb on Prospects of Smaller Indian Sugar Exports

March NY world sugar #11 (SBH26 ) today is up +0.02 (+0.14%), and December London ICE white sugar #5 (SWZ25 ) is up +3.00 (+0.72%). Sugar prices extended this week's recovery today, with NY sugar posting a 2.5-week high and London sugar posting a 1-week high. Short covering is boosting...

Barchart

What Was that Sound from the Grains Sector Thursday Morning?

The Grains sector reacted to new old government numbers Thursday, with more on the way from USDA Friday.

Barchart

States scramble to send full SNAP food benefits to millions of people after government shutdown ends

State officials are working to restore full SNAP benefits to millions of people after the long U.S. government shutdown has finally ended

The Independent UK

Cattle Look to Thursday Following Wednesday Losses

Live cattle futures saw Wednesday losses of $1.25 to $2 at the close. Preliminary open interest was down 2,215 contracts on Wednesday. Very light cash trade was reported on Tuesday in the North at $227, but not enough for a full market test. There were a few bids of 227-228...

Barchart

Hogs Look to Thursday with Weaker Cash and Cutout

Lean hog futures fell to weakness on Wednesday, with losses of $1.20 to $1.80 at the close. Open interest was down 3,558 contracts on the day, as 10,331 contracts were exiting December. USDA’s national base hog price from Wednesday afternoon was reported at $78.78, down $3.34 from the day prior....

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Benzinga

USDA Says States To Resume Full SNAP Payments Within 24 Hours of Government Reopening

The Trump administration has stated that millions of low-income Americans will receive their full Supplemental Nutrition Assistance Program (SNAP) benefits within a day of President Donald Trump signing the shutdown-ending deal into law.

Barchart

Cattle Fall Lower on Wednesday

Live cattle futures saw Wednesday losses of $1.25 to $2 at the close. Very light cash trade was reported on Tuesday in the North at $227, but not enough for a full market test. There were a few bids of 227-228 in the Wednesday morning Fed Cattle Exchange online auction,...

Barchart

Hogs Post Wednesday Losses as Cash and Cutout Weaken

Lean hog futures fell to weakness on Wednesday, with losses of $1.20 to $1.80 at the close. USDA’s national base hog price from Wednesday afternoon was reported at $78.78, down $3.34 from the day prior. The CME Lean Hog Index was down another 34 cents on November 10 at $89.17....

Barchart

Sugar Prices Settle Higher on Possible Smaller Indian Sugar Exports

March NY world sugar #11 (SBH26 ) on Wednesday closed up +0.27 (+1.89%), and December London ICE white sugar #5 (SWZ25 ) closed up +9.90 (+2.43%). Sugar prices settled sharply higher on Wednesday, with NY sugar posting a 1-week high. Short covering emerged in sugar futures on Wednesday on signs...

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Barchart

Hogs Falling on Wednesday

Lean hog futures are falling back $1.20 to $1.80 lower across most contracts on Wednesday. USDA’s national base hog price from Wednesday morning was reported at $81.17 down $0.62 from the day prior. The CME Lean Hog Index was down another 34 cents on November 10 at $89.17. USDA’s pork...

Barchart

Sugar Prices Supported by Potential of Fewer Sugar Exports from India

March NY world sugar #11 (SBH26 ) today is up +0.30 (+2.11%), and December London ICE white sugar #5 (SWZ25 ) is up +9.70 (+2.38%). Sugar prices are moving sharply higher today, with NY sugar posting a 1-week high. Short covering emerged in sugar futures today on signs that India...

Barchart

Cattle Look to Wednesday Action After Mixed Tuesday Trade

Live cattle futures were down 60 cents to $1.35 at the close. Preliminary open interest dropped 2,522 contracts, with December down 8,675 contracts and Feb up 4,727 contracts. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Monday activity was quiet with showlists being...

Barchart

Hog Traders Look to Wednesday

Lean hog futures posted mixed Tuesday action with contracts down 42 to up 40 cents. Preliminary open interest was down 6,796 contracts on Tuesday, with much of that coming via December (11,027). USDA’s national base hog price from Tuesday afternoon was reported at $82.12, down $1.83 from the day prior....

International Business Times

US Supreme Court Sides with Trump: $4bn SNAP Cut Hits 42 Million Low-Income Families

The US Supreme Court temporarily backs Donald Trump's administration in a $4bn SNAP cut, leaving 42 million low-income Americans facing food insecurity.

International Business Times UK

US Supreme Court Sides with Trump: £3bn SNAP Cut Hits 42 Million Low-Income Families

The US Supreme Court temporarily backs Donald Trump's administration in a £3 billion SNAP cut, leaving 42 million low-income Americans facing food insecurity.

Barchart

Hogs Post Mixed Tuesday Trade

Lean hog futures posted mixed Tuesday action with contracts down 42 to up 40 cents. USDA’s national base hog price from Tuesday afternoon was reported at $82.12, down $1.83 from the day prior. The CME Lean Hog Index was down another 64 cents on November 7 at $89.41. USDA’s pork...

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