The Latest Breaking News from USDA

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...

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...

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...

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...

"Once more, the government unequivocally agrees that any lapse in SNAP funding is tragic," the solicitor general said.

The biggest catalyst on the horizon for corn, soybean, winter wheat, and cotton futures markets is the USDA report on Friday, Nov. 14.

About 42 million Americans rely on SNAP benefits

March NY world sugar #11 (SBH26) on Monday closed up +0.10 (+0.71%), and December London ICE white sugar #5 (SWZ25 ) closed down -1.40 (-0.34%). Sugar prices settled mixed on Monday, with London sugar posting a new 4.75-year nearest-futures low. The outlook for robust global sugar supplies is pressuring prices....

The federal government paused SNAP payments at the beginning of the month because of the shutdown.