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The Latest Breaking News from USDA

Soybeans are slipping back at midday, with losses of 4 to 6 cents. The cmdtyView national average Cash Bean price was 4 1/2 cents lower at $10.49 1/2. Soymeal futures are up 20 cents to $1.30, with Soy Oil futures 75 points higher. There were 3 deliveries issued against December...

Barchart

Rollins says USDA will withhold food stamp funds from blue states - Roll Call

The USDA requested states in February to turn over data about benefit recipients under the Supplemental Nutrition Assistance Program.

Roll Call

Cattle Traders Look to Midweek Action

Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Open interest was down just 860 contracts on Tuesday. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on...

Barchart

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Hogs Look to Wednesday Trade

Lean hog futures closed mixed, with December up 27 cents and other contracts down 12 to 50 cents. Open interest was up 1,114 contracts on Tuesday. USDA’s national base hog price was reported at $71.33 on Tuesday afternoon, down 35 cents from the day prior. The CME Lean Hog Index...

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Trump Administration To Halt SNAP Benefits In Democrat States For 'Hiding' Immigration Information: 'No Data, No Money'

The Trump administration is set to suspend aid for states run by Democrats that do not disclose identifying information about Supplemental Nutrition Assistance Program (SNAP) beneficiaries, including their immigration status.

Benzinga

Trump Admin Threatens to Starve Citizens By Cutting Food Stamp Funding in Democratic States Over Data Dispute

USDA is requesting states to submit data on food-stamp recipients, but several have not done so, raising the possibility that SNAP funding could be disrupted.

International Business Times

Cattle Rally Higher on Tuesday

Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on Tuesday with gains of $8.40 to $8.80 in the...

Barchart

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Hogs Close on a Mixed Note on Tuesday

Lean hog futures closed mixed, with December up 27 cents and other contracts down 12 to 50 cents. USDA’s national base hog price was reported at $71.33 on Tuesday afternoon, down 35 cents from the day prior. The CME Lean Hog Index was down another 25 cents on November 28...

Barchart

Trump officials threaten to withhold Snap funds from Democratic-led states

Agriculture secretary Brooke Rollins threatens to pull funds unless states turn over recipient data to US government

The Guardian - US

Another SNAP disruption looms unless states give Trump their immigration data

The Trump administration says noncompliance could halt food aid transfers.

Axios

Projections of Smaller EU Sugar Acreage Boosts Sugar Prices

March NY world sugar #11 (SBH26 ) on Tuesday closed up +0.22 (+1.49%), and March London ICE white sugar #5 (SWH26 ) closed up +8.30 (+1.97%). Sugar prices rose on Tuesday amid bullish news from the European Union. European sugar producers are expected to cut sugar acreage by 10% for...

Barchart

Hogs Mixed on Tuesday

Lean hog futures are mixed, with December up 12 cents and other contracts down 25 to 50 cents. USDA’s national base hog price was reported at $70.06 on Tuesday morning. The CME Lean Hog Index was down another 35 cents on November 28 at $81.67. USDA’s pork carcass cutout value...

Barchart

Cattle Rallying on Tuesday

Live cattle futures are up $3.97 to $4.60 so far on Tuesday. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures are rallying, with $7.50 to $7.90 gains on Tuesday and coming off early...

Barchart

Mexican cattle imports to beef up US supply have plummeted over fears of flesh-eating maggot: ‘It’s going to break us’

Imports of Mexico's cattle to the U.S., usually about 1.2 million a year, have fallen dramatically

The Independent UK

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Barchart

Sugar Prices Climb on Expectations of Smaller EU Sugar Acreage

March NY world sugar #11 (SBH26 ) today is up +0.15 (+1.02%), and March London ICE white sugar #5 (SWH26 ) is up +6.50 (+1.54%). Sugar prices are climbing today on some bullish news from the European Union. European sugar producers are expected to cut sugar acreage by 10% for...

Barchart

Hog Traders Look to Tuesday Trade

Lean hog futures were down 37 to 70 cents on Monday. Open interest was down 1,093 contracts. USDA’s national base hog price was reported at $71.68 on Monday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down another 35 cents on November 26 at...

Barchart

Cattle Look to Tuesday After Monday Weakness

Live cattle futures saw losses of $1.37 to 2. Cash trade improved late last week with $220 in the South on Friday, with some northern trade at $215, up from the $208-210 seen in the first half of the week. Feeder cattle futures were down $1 to $2.90 across most...

Barchart

Cotton Turning Higher to Start Tuesday Trade

Cotton price action is up 4 to 8 points so far on Tuesday morning. Futures saw 7 to 12 point losses across most contracts on Monday. Crude oil futures were $1 higher per barrel at $59.55 on the day, with the US dollar index $0.058 lower to $99.350. USDA’s Export...

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Barchart

Soybeans Turning Around Higher on Tuesday Morning

Soybeans are showing some strength so far on Tuesday, with gains of 4 to 6 cents. Traders were back to it on Monday, after the holiday shortened week, as contracts closed 7 to 10 cents higher. Open interest was down 3,169 contracts, with Jan dropping 7,286 contracts. The cmdtyView national...

Barchart

Cotton Slips to Start December

Cotton futures saw 7 to 12 point losses across most contracts on Monday. Crude oil futures were $1 higher per barrel at $59.55 on the day, with the US dollar index $0.058 lower to $99.350. USDA’s Export Sales report showed 132,760 RB of cotton sold in the week of 10/23,...

Barchart

Hogs Slip Back into Monday’s Close

Lean hog futures were down 37 to 70 cents on Monday. . USDA’s national base hog price was reported at $71.68 on Monday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down another 35 cents on November 26 at $81.92. USDA showed 38,790 MT...

Barchart

Cattle Fall to Start the Week

Live cattle futures saw losses of.$1.37 to 2. Cash trade improved late last week with $220 in the South on Friday, with some northern trade at $215, up from the $208-210 seen in the first half of the week. Feeder cattle futures were down $1 to $2.90 across most contracts...

Barchart

Sugar Prices Sharply Lower as India Ramps Up Sugar Production

March NY world sugar #11 (SBH26 ) on Monday closed down -0.45 (-2.96%), and March London ICE white sugar #5 (SWH26 ) closed down -14.40 (-3.31%). Sugar prices fell sharply to 1-week lows on Monday as India ramped up sugar production. The India National Federation of Cooperative Sugar Factories Ltd...

Barchart

Hogs Showing Slight Monday Strength

Lean hog futures are steady to 20 cents higher on the day. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down another 35 cents on November 26 at $81.92. USDA showed 38,790 MT of pork sold of...

Barchart

Cotton Easing Lower on Monday

Cotton futures are trading with 10 to 20 point losses on Monday, with in delivery December up 14 points. Crude oil futures are up 72 cents per barrel at $59.27 on the day, with the US dollar index $0.183 lower to $99.225. USDA’s Export Sales report showed 132,760 RB of...

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