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The Latest Breaking News from USDA

Hogs Look to Wednesday As Pork Prices Face Weakness

Lean hog futures were 47 to 92 cents higher in the nearbys on Tuesday, with deferred contracts down 32 to 47 cents. Open interest was down 3,363 contracts on the day. USDA’s national base hog price was reported at 97.58 on Tuesday afternoon. The CME Lean Hog Index was back...

Barchart

Cotton Rallying on Wednesday Morning

Cotton price action is up 77 to 90 points early on Wednesday morning. Futures found strength to round out June, with contracts 22 to 43 points higher despite USDA reporting more acres than expected on Tuesday. Crude oil was down $0.82/bbl to $69.83. The US dollar index is up $0.118...

Barchart

Trump Rolls Out $500 Million Lifeline for Smaller Meatpackers as Beeflation Spirals Out of Control — But Tyson Foods and Other Industry Giants Are Left Out

The Trump administration is offering financial support to smaller meatpackers struggling with escalating beef prices due to a shortage of cattle supplies and the reemergence of New World Screwworm.

Benzinga

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Cotton Shrugs Off Increased Acres for Tuesday Gains

Cotton futures found strength to round out June, with contracts 22 to 43 points higher despite USDA reporting more acres than expected this morning. Crude oil was down $0.82/bbl to $69.83. The US dollar index is up $0.118 at $100.995. The annual June Acreage report showed all cotton acres this...

Barchart

Wheat Rallies on Bull Friendly USDA Report Data

The wheat complex found some footing for the bulls, as all three exchanges were higher. Chicago SRW contracts were 1 3/4 to 11 1/4 cents higher across the board, led by the nearbys. KC HRW futures were up 10 to 11 ¼ at the close. MPLS spring wheat was 4...

Barchart

Hogs Post Front Month Gains on Tuesday

Lean hog futures were 47 to 92 cents higher in the nearbys on Tuesday, with deferred contracts down 32 to 47 cents. USDA’s national base hog price was reported at 97.58 on Tuesday afternoon. The CME Lean Hog Index was back down 14 cents on June 26 at $91.41. USDA’s...

Barchart

Nearly every state will owe the federal government millions under new rules for SNAP payments

States will collectively owe the federal government roughly $9 billion if they can’t lower the amount of payment errors in their SNAP programs

The Independent UK

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How to Check If Your State Opted Out of Summer EBT

The federal Summer EBT program provides vital grocery funds to help feed children while schools are closed. This permanent initiative gives eligible families extra money on an electronic benefit card for summer food purchases. Unfortunately, not every state government has decided to participate in this highly valuable federal assistance program.…

Grocery Coupon Guide

Below-Average Indian Monsoon Rains Boost Sugar Prices

July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.05 (+0.35%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +1.00 (+0.214%). Sugar prices settled higher for a fourth session on Tuesday, with NY sugar posting a 6-week high. Sugar prices are climbing amid concerns that...

Barchart

Cotton Holding onto Gains at Midday Despite More Acres

Cotton futures are showing modest gains on Tuesday, despite USDA reporting more acres than expected this morning. Gains of 35 to 70 points are shown at midday. Crude oil is down $0.82/bbl to $69.83. The US dollar index is up $0.118 at $100.995. The annual June Acreage report showed all...

Barchart

Wheat Rallying on Friendly USDA Report Data

The wheat complex is trading with contracts higher across the three exchanges on Tuesday. Chicago SRW contracts are 10 to 11 cents higher so far at midday. July had 25 delivery notices on first notice day. KC HRW futures are 14 to 15 cents higher at midday. There were 443...

Barchart

Soybeans Posting Midday Gains Despite Larger Stocks, More Acres and Product Weakness

Soybeans are buying the fact after selling the rumor leading up to the USDA reports on Monday. Tuesday’s gains are 4 to 7 cents at midday. July futures had 31 delivery notices on first notice day. The cmdtyView national average Cash Bean price is up 4 3/4 cents at $10.67....

Barchart

Hog Bulls Gaining Ground on Tuesday

Lean hog futures are showing 12 to 72 cent gains so far on Tuesday. USDA’s national base hog price was reported at 97.05 on Tuesday morning. The CME Lean Hog Index was back down 14 cents on June 26 at $91.41. USDA’s pork carcass cutout value was $2.96 lower in...

Barchart

Sugar Prices Rise on India Rain Deficit

July NY world sugar #11 (SBN26 ) today is up +0.05 (+0.35%), and Aug London ICE white sugar #5 (SWQ26 ) is up +4.00 (+0.84%). Sugar prices are moving higher for a fourth session today, with NY sugar posting a 6-week high. Sugar prices are climbing amid concerns that weak...

Barchart

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Salon

The price of Trump's anti-science agenda

From measles to screwworm, Americans keep paying the cost of the admin's war on science

Medical Daily

Texas Screwworm Cases Reach 25, but Three Cases Are Now Listed as Inactive

Texas New World Screwworm cases reached 25, but three cases, including the New Mexico detection, are now inactive. Here's the current status and what it means for the outbreak.

Barchart

Hogs Post Mixed Monay, as Traders Look to Tuesday

Lean hog futures closed with front months up 70 to 90 cents, as deferreds were down 42 cents to $1.30. Open interest was down a combined 2,562 in the front months. USDA’s national base hog price was not reported on Monday afternoon. The CME Lean Hog Index was back down...

Barchart

Soybeans Ignore USDA Drop in Ratings, as Futures Slide Early on Tuesday

Soybeans are showing 2 to 5 cent losses so far on Tuesday AM trade. Futures rounded out Monday trade with contracts 10 ¼ to 17 ½ cents in the red. July futures had 31 delivery notices on first notice day. The cmdtyView national average Cash Bean price was down 16...

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Barchart

Corn Squaring Up Lower Ahead of USDA Reports, Despite a Cut to Crop Ratings

Corn price action is down fractionally to 2 cents so far on Tuesday morning as traders gear up for USDA data. Futures were under pressure on Monday, as longs headed for the exits ahead of USDA’s report on Tuesday. Contracts were down 5 ¼ to 11 ½ cents at the...

Barchart

What Should We Expect from US Government Numbers Tuesday?

If you are one of those who love the smell of a damp feedlot or hot hog barn, Tuesday is for you with government numbers from one end to the other.

The Texas Tribune

Screwworm: Fact vs. fiction

As cases of the New World screwworm increase, so do rumors about the parasitic fly. Here are some of the biggest myths.

Saving Advice

SNAP Soda Rules Paused: 5 Grocery Questions for Seniors

SNAP serves approximately 42 million Americans nationwide, including millions of older adults and people living on fixed incomes who rely on the program to help...

The Independent UK

Arkansas defies court ruling with new SNAP ban on candy and soda starting this week

Arkansas is moving forward with a ban on allowing government food aid to be used for candy and soda

Barchart

Corn Dips its Toe Below $4 to Start the Week, with NASS Trimming Ratings After the Close

Corn futures were under pressure on Monday, as longs head for the exits ahead of USDA’s report on Tuesday. Contracts were down 5 ¼ to 11 ½ cents at the close. Tuesday is first notice day for July futures. The CmdtyView national average Cash Corn price was 10 3/4 cents...

Barchart

Hogs Closes Mixed on Monday

Lean hog futures closed with front months up 70 to 90 cents, as deferreds were down 42 cents to $1.30. USDA’s national base hog price was not reported on Monday afternoon. The CME Lean Hog Index was back down 23 cents on June 25 at $91.55. USDA’s pork carcass cutout...

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