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The Latest Breaking News from USDA

Cattle Looking to Wednesday Trade Following Tuesday Losses

Live cattle futures were down $4.35 to $5.025 to close out the day. Preliminary open interest was down 1,483 in December, but up 2,615 contracts across the rest. Cash trade has yet to get kicked off this week. Last week ranged from $230 to $232 in the north, with Southern...

Barchart

Bernie Sanders Says Trump 'Illegally' Withheld Billions In SNAP Funds, Defying Court And Congress: 'He'd Rather Let 16 Million Kids Go Hungry'

Sen. Bernie Sanders (I-Vt.) on Tuesday accused President Donald Trump of illegally withholding billions in food assistance, charging that the move defied both Congress and the courts amid a nationwide hunger crisis.

Benzinga

'Life or Death for Our Country': Trump Issues Stark Warning Ahead of Supreme Court Showdown

Trump links SNAP benefit payments to the end of the US government shutdown, leaving millions of Americans uncertain about their food assistance.

International Business Times UK

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Cattle Falls Lower on Tuesday

Live cattle futures were down $4.35 to $5.025 to close out the day. Cash trade has yet to get kicked off this week. Last week ranged from $230 to $232 in the north, with Southern sales near $235-237. Feeder cattle closed the Tuesday session with contracts down $7.30 to $7.60....

Barchart

Hogs Faces Tuesday Weakness as the Cutout Slips Below $100

Lean hog futures saw losses of 65 cents to $1.30 across the front months on Tuesday. USDA’s national base hog price from Tuesday afternoon was reported at $84.71, up 5 cents from the day prior. The CME Lean Hog Index was down another 21 cents on October 30 at $90.98....

Barchart

Sugar Prices Sharply Lower on the Outlook for Higher Brazil Sugar Production

March NY world sugar #11 (SBH26 ) on Tuesday closed down -0.43 (-2.94%), and December London ICE white sugar #5 (SWZ25 ) closed down -9.90 (-2.34%). Sugar prices settled sharply lower on Tuesday and are just above last week's significant lows. Sugar prices retreated on Tuesday after Conab, Brazil's crop...

Barchart

Cattle Resume Selling on Tuesday

Live cattle futures are down $4.35 to $4.65 so far at midday. Cash trade ranged from $230 to $232 in the north last week, with Southern sales near $235-237. Feeder cattle futures are posting $7 to $7.50 losses on Tuesday. The CME Feeder Cattle Index fell $3.92 to $343.33 on...

Barchart

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Hogs Falling Lower on Tuesday

Lean hog futures are down $1 to $1.50 so far on the Tuesday session. USDA’s national base hog price from Tuesday morning was reported at $84.07, up 66 cents from the day prior. The CME Lean Hog Index was down another 21 cents on October 30 at $90.98. USDA’s pork...

Barchart

Sugar Prices Plunge as Conab Boosts Its Brazil Sugar Production Estimate

March NY world sugar #11 (SBH26 ) today is down -0.44 (-3.00%), and December London ICE white sugar #5 (SWZ25 ) is down -9.20 (-2.17%). Sugar prices are sharply lower today and are just above last week's significant lows. Sugar prices retreated today after Conab, Brazil's crop forecasting agency, raised...

Barchart

Trump says SNAP will only get paid after shutdown, defying multiple court orders

The post appears to defy two federal courts' rulings.

Axios

Cattle Traders Look to Tuesday Trade

Live cattle futures are $2.50 to $2.80 higher at the Monday close to post strength to start to the week. New buying interest was noted, open interest up 1,009 contracts. Cash trade ranged from $230 to $232 in the north last week, with Southern sales near $235-237. Feeder cattle futures...

Barchart

Hogs Bulls Looking for a Turnaround Tuesday

Lean hog futures slipped lower on Monday with contracts down 12 to 70 cents at the close. Open interest was down 2,953 contracts. USDA’s national base hog price from Monday afternoon was reported at $84.66, up 49 cents from the day prior. The CME Lean Hog Index was down another...

Barchart

Spokesperson contradicts Trump comment on food stamps - Roll Call

President Trump said he wouldn't pay food stamp benefits until government reopens, contradicting the USDA and potentially defying court order.

Roll Call

2 ways you can conserve the water used to make your food

As the world’s climate warms and droughts and water shortages are becoming more common, farmers are struggling to produce enough food. Farmers continue to adapt, but there are ways for you to help, too.

The Conversation

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Benzinga

Maxine Waters Reminds Trump That Court Ordered Him To Pay November SNAP Benefits And Not Make Partial Payment: 'What Is Wrong With You?'

Rep. Maxine Waters (D-Calif.) is accusing President Donald Trump of defying a federal court order to deliver full November Supplemental Nutrition Assistance Program benefits, igniting a fresh wave of political outrage over food aid for low-income families.

Benzinga

SNAP-Only Discounts Not Allowed During Shutdown: USDA

The U.S. Department of Agriculture has told grocery stores they may not offer special discounts to Supplemental Nutrition Assistance Program recipients during the government shutdown, according to an agency notice emailed to retailers on Sunday.

Barchart

Hogs Falls Back on Monday

Lean hog futures slipped lower on Monday with contracts down 12 to 70 cents at the close. USDA’s national base hog price from Monday afternoon was reported at $84.66, up 49 cents from the day prior. The CME Lean Hog Index was down another 34 cents on October 30 at...

Barchart

Corn Posts Gains on Monday

Corn futures posted 2 to 4 cent gains across most contracts on Monday, shrugging off early weakness to start the week. The CmdtyView national average Cash Corn price was up 3 1/4 cents to $3.95 3/4. USDA tallied corn export shipments at 1.669 MT (65.7 mbu) during the week ending...

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Barchart

Cattle Rally on Monday

Live cattle futures are $2.50 to $2.80 higher at the Monday close to post strength to start to the week. Cash trade ranged from $230 to $232 in the north last week, with Southern sales near $235-237. Feeder cattle futures were higher at the close, with $3.70 to $5.40 gains....

Axios

Why November SNAP benefits may not be available for several weeks or months

The USDA says that state systems which distribute benefits are different, which could cause delays.

Barchart

Grain Bulls Are Back in Business as China Resumes Soybean, Wheat Purchases. What Comes Next?

Traders will be closely watching weather in Brazil and Argentina as the growing season in South America kicks off.

Barchart

Hogs Easing Lower on Monday

Lean hog futures are trading with Monday losses of 12 to 50 cents at midday. USDA’s national base hog price from Monday morning was reported at $83.41, down $2 from the day prior. The CME Lean Hog Index was down another 34 cents on October 30 at $91.19. USDA’s pork...

Barchart

Corn Trading Higher at Midday

Corn futures are showing 3 to 4 cent gains across most contracts at Monday’s midday. The CmdtyView national average Cash Corn price is up 3 1/2 cents to $3.95. USDA tallied corn export shipments at 1.669 MT (65.7 mbu) during the week ending on October 30. That was 34.31% above...

Barchart

Cattle Rebounding on Monday

Live cattle futures are trading with $2 to $2.75 gains across most contracts at midday. Cash trade shifted from $230 early in the week to $232 in the north on Friday, with Southern sales near $235-237. Feeder cattle futures are posting $4 to $5.85 gains at midday. The CME Feeder...

Barchart

Sugar Prices Continue Higher on Short Covering

March NY world sugar #11 (SBH26 ) is up +0.25 (+1.73%), and December London ICE white sugar #5 (SWZ25 ) is up +8.10 (+1.95%). Sugar prices today posted a new 1-week high as short-covering continued from last week's lows. Last Thursday, NY sugar posted a 5-year nearest-futures low and London...

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