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The Latest Breaking News from USDA

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

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....

Barchart

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

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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.

Benzinga

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

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

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...

Barchart

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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....

Barchart

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

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.

International Business Times UK

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...

Barchart

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Barchart

Cattle Slip Off Highs into the Close

Live cattle futures were down 60 cents to $1.35 at the close. 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 compiled. Feeder cattle futures slipped off the midday highs to close with front month gains of...

Barchart

NY Sugar Futures Supported by Strength in the Brazilian Real

March NY world sugar #11 (SBH26 ) on Tuesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25 ) closed down -0.30 (-0.07%). Sugar prices settled mixed on Tuesday. NY sugar found support due to the strength of the Brazilian real. The real (^USDBRL ) rallied to...

Barchart

Cattle Trading Mixed, with Feeders Extending Gains

Live cattle futures are down 7 to 65 cents in the front months so far on Tuesday, giving back some of the Monday limit gains. 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 compiled. Feeder cattle...

Barchart

Mixed Wheat Action Continues at Midday

The wheat complex is showing mixed action as we trade through midday. CBT soft red wheat futures are mixed, with December down a penny. KC HRW futures are down 1 to 4 cents on Tuesday. MPLS spring wheat futures are up 3 to 4 cents at midday. USDA is expected...

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Barchart

Hogs Trading Mixed on Tuesday

Lean hog futures are following up the sharply higher Monday trade with mixed Tuesday action of down 20 to up 50 cents USDA’s national base hog price from Tuesday morning was reported at $82.19, down $2.10 from the day prior. The CME Lean Hog Index was down another 64 cents...

Barchart

Brazilian Real Strength Sparks Short Covering in NY Sugar Futures

March NY world sugar #11 (SBH26 ) today is up +0.06 (+0.42%), and December London ICE white sugar #5 (SWZ25 ) is down -0.90 (-0.22%). Sugar prices are mixed today. NY sugar is moving higher today due to strength in the Brazilian real. The real (^USDBRL ) rallied to a...

Barchart

Cattle Look to Tuesday with Expanded Limits

Tuesday will have expanded limits of $10.75 for live cattle and $13.75 for feeders. Live cattle futures were the $7.25 limit higher in the front to close out the Monday session, with other contracts up $6.35 to $7.17. Open interest was down 1,182 contracts to start the week. Last week’s...

Barchart

Hogs Look to Tuesday After Monday Rally

Lean hog futures posted gains of $3.27 to $3.50 across most front months on Monday. Shorts were getting out, with open interest down 5,351 contracts. USDA’s national base hog price from Monday PM was reported at $84.29, down 4 cents from the day prior. The CME Lean Hog Index was...

Axios

Trump says "we can reform" SNAP

"SNAP is supposed to be if you are down and out," Trump said on Fox News this evening.

Barchart

Cattle Start the Week with Limit Gains

Live cattle futures were the $7.25 limit higher to close out the Monday session. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Feeder cattle futures closed the Monday session with $9.25 limit gains. The CME Feeder Cattle Index was back down $1.86 to...

Barchart

Hogs Rally to Kick off the Week

Lean hog futures posted gains of $3.27 to $3.50 across most front months on Monday. USDA’s national base hog price from Monday PM was reported at $84.29, down 4 cents from the day prior. The CME Lean Hog Index was down another 55 cents on November 6 at $90.05. USDA’s...

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