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Additionally, tightness in U.S. soybean meal supplies related to Argentina’s extreme crop shortfall earlier this year has lent significant support to soybean and soymeal futures lately. Managed money net position in CBOT soybean futures and optionsIt was funds’ biggest net buying week in soybeans since early April, and both new longs and short-covering played an instrumental role. Managed money net position in CBOT soybean meal futures and optionsThe new managed money meal long is the biggest since mid-March and the largest ever for the date. CBOT soybean meal on Monday traded up the daily limit at one point, reaching the most-active contract’s highest since mid-March and notching another contract high for December meal. Most-active CBOT soybeans on Monday hit their highest price since Aug. 31, and most-active corn futures rose 2.9%, their biggest single-day percentage gain since July 24.
Persons: Karen Braun, Leslie Adler Organizations: U.S . Commodity Futures Trading Commission, China, U.S . Department of Agriculture, Reuters, Thomson Locations: NAPERVILLE, Ill, Brazil, Chicago
[1/2] Employees cut fresh beef meat into small pieces at the First Capitol Meat Processing plant in Corydon, Indiana U.S. January 31, 2022. "There's typically now a pretty big race to get product in under that quota," Sothmann said. The U.S. Department of Agriculture forecasts total U.S. beef and veal imports at about 1.6 million metric tons this year. Paraguay may eventually ship 3,250 to 6,500 metric tons annually, or 5% to 10% of the tariff-rate-quota for the countries without individual agreements, the USDA said. Analysts expect Paraguay to compete with producers like Brazil to supply lean beef that is blended with fattier U.S. supplies.
Persons: Amira Karaoud, Stephen Sothmann, Sothmann, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Import Council of America, Suppliers, U.S . Department of Agriculture, U.S, Thomson Locations: Corydon , Indiana, Paraguay, U.S, Brazil, Ireland, Japan, Namibia
Homebuyers put down an average of 13.8% of the home price in 2023, according to a Realtor.com analysis of the 150 largest real estate markets for the quarter ending in September. Here's a look at the 15 most expensive real estate markets, based on the median cost for a typical down payment on a home. In Killeen, Texas, median down payment is only $2,182. This includes Fayetteville, North Carolina; Shreveport, Louisiana; and El Paso, Texas, where median down payments are $5,000 or less. U.S. Department of Agriculture loans also require no down payment, which might lead to low down payments in relatively rural areas.
Persons: Homebuyers, That's, Freddie Mac, Warren Buffett Organizations: PMI, Santa, Thousand Oaks, Seattle, Boston, Cambridge, Fort, Stamford -, U.S . Department of Veterans Affairs, U.S . Department Locations: California, U.S, San Jose, Sunnyvale, Santa Clara , California, Francisco, Oakland, Berkeley , California, Santa Maria, Santa Barbara , California, Angeles, Long, Anaheim , California, Santa Rosa, Petaluma , California, Oxnard, Ventura , California, Tacoma, Bellevue , Washington, Diego, Chula Vista, Carlsbad , California, Newton , Massachusetts, New Hampshire, Fort Collins , Colorado, Sacramento, Roseville, Folsom , California, Naples, Marco Island, Florida, York, Newark, Jersey City , New York, New Jersey, Pennsylvania, Portland, Vancouver, Hillsboro , Oregon, Washington, Bridgeport, Stamford, Stamford - Norwalk , Connecticut, U.S . California, Killeen , Texas, Killeen, Fayetteville, North Carolina, Shreveport , Louisiana, El Paso , Texas
Stephanie Land Source: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. Annie Nova: I notice that whenever you've been faced with a big setback or problem, you don't really have time to feel much about it. So, it didn't really feel helpful. We really didn't have that much stuff. I don't think my daughter was really affected by it all that much because she was so little.
Persons: Stephanie Land, Simon, Schuster Stephanie Land's, Emilia, , Annie Nova, you've, I've, Schuster, they've Organizations: Netflix, Higher, U.S . Department of Agriculture, Finance, Social Security, CNBC, SL Locations: U.S, Europe
The decline in cattle numbers, after years of drought fried pasture lands used for grazing, led to soaring U.S. beef prices. Higher prices incentivize companies to import cheaper beef and discourage U.S. beef purchases by buyers like China, Japan and Egypt. For Tyson, the loss of U.S. export business compounds margin pressure from higher cattle prices, Goldman Sachs analysts said. U.S. beef exports typically command higher margins than domestic shipments, they said. The USDA on Thursday raised its forecasts for beef imports in 2023 and 2024 in a monthly report.
Persons: Amira Karaoud, world's, Tyson, Cargill, Pete Bonds, Bonds, Goldman Sachs, Donnie King, Katelyn McCullock, McCullock, Derrell, Tom Polansek, Rod Nickel Organizations: Corydon , Indiana U.S, REUTERS, Rights, Tyson, U.S . Department of Agriculture, USDA, U.S ., U.S, Marketing, Center, Oklahoma State University, Thomson Locations: Corydon , Indiana, United States, China, Japan, Egypt, Texas, U.S, Tyson's, Florida, South Carolina, Australia, New Zealand, Paraguay, Paraguayan, Mexico
An additional 1.2 million chickens will be slaughtered to prevent the spread of the bird flu after the virus was confirmed on an Iowa egg farm in the second massive case this week. Earlier this week, 1 million chickens were killed on a Minnesota egg farm. Political Cartoons View All 1240 ImagesIowa remains the hardest hit state in the nation, with more than 17 million birds killed there since the outbreak began. In one case last year, 5 million chickens were slaughtered on a single Iowa egg farm. Nebraska comes next with more than 6.7 million birds killed, followed by Colorado's 6.26 million and Minnesota's 5.6 million.
Organizations: Iowa Department of Agriculture, Land Stewardship, U.S . Department of Agriculture, Farmers Locations: Iowa, Taylor County, Minnesota, Nebraska, Minnesota , South Dakota
USDA pegged U.S. corn yield at 174.9 bushels per acre, up from 173 last month and above nearly all estimates, which on average predicted a slight increase. It was the most bearish corn yield in a November report since 2017. That could negatively impact Brazil’s second corn production, as was the case after the 2015-16 El Nino, rerouting corn demand to the United States. USDA left Brazil’s 2023-24 soy crop unchanged at 163 million metric tons this month, but it raised the prior crop by 2 million tons to 158 million, suggesting exports are outperforming prior crop expectations. However, USDA has flashed 2.85 million tons (105 million bushels) of U.S. soybean sales so far this week, mostly to China and unknown destinations.
Persons: Dane Rhys, El, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department, USDA, El Nino, Reuters, Thomson Locations: Deerfield , Ohio, U.S, Rights NAPERVILLE , Illinois, Brazil, United States, China
The trade’s idea of corn yield lines up with past similar years. Other than 2023, the last three times that soybean yields fell in August, September and October were 2008, 2003 and 1999. Crop Watch results generally support these predictions since the 11-field soybean yield ended up close to the season’s lowest score while corn yields bounced a bit at the end. It has been 15 years since the agency lowered Brazil’s soy crop between October and November. 2024Without severe crop losses in Brazil’s soy or corn this year, U.S. supplies, especially corn, could balloon in 2024-25.
Persons: USDA’s, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, South, Reuters, SOUTH AMERICA, Consultancy, USDA, Thomson Locations: NAPERVILLE , Illinois, U.S, USDA, Mato Grosso, Argentina
Where are the 12 US gov't funding bills to avert shutdown?
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +7 min
But first, the House and Senate would have to agree upon the overall dollar amount of spending for the 12 bills combined. The Senate passed its version as part of a three-bill package on Nov. 1 with strong bipartisan support. DEFENSEOne of the largest of the 12 bills funds the Department of Defense - the Army, Navy, Air Force and the CIA. The Senate's version passed out of committee on July 27. The Senate's version passed out of committee on July 27.
Persons: Jon Cherry, shutdowns, Joe Biden, Biden, Kevin McCarthy, Moira Warburton, Aurora Ellis Organizations: U.S . Capitol, REUTERS, Rights, Democratic, Republican, Senate, of Veterans Affairs, Army, Navy, Air Force, U.S . Department of Agriculture, Food and Drug Administration, of Transportation, Federal Aviation Administration, Department of Housing, Urban, House Republicans, Amtrak, Department of Defense, CIA, Department of Energy, Nuclear Regulatory, of, of Indian Affairs, Land Management, Environmental Protection Agency, The, Department of Homeland Security, FBI, Federal Emergency Management Agency, Department of State, Agency for International Development, Peace Corps, Congress, Capitol Police, of Congress, Office, Treasury, of Columbia, Federal Trade Commission, COMMERCE, of Commerce, U.S . Census, U.S . Patent, Department of Justice, Republicans, HUMAN, of Education, Department of Health, Human Services, Department of Labor, Social Security Administration, National Labor Relations Board, Thomson Locations: Washington , U.S, United States, New York, U.S, Washington
Imported soybeans are transported at a port in Nantong, Jiangsu province, China August 6, 2018. If confirmed, Tuesday's sales would be the largest single-day soybean purchases by the world's top soy importer since late July, according to U.S. Department of Agriculture (USDA) daily sales data. They were the latest in a series of soy import deals since late last week by Sinograin, China's state-owned importer, according to three export traders with knowledge of the deals. Total purchases over that time were estimated at as much as 20 to 25 cargoes, two traders said. Confirmed sales to China as of late October were down 35% from a year ago, and sales to all destinations were down 28%.
Persons: Stringer, Sinograin, Brazil's, Karl Plume, Marguerita Choy, Bill Berkrot Organizations: REUTERS, Rights, U.S . Department of Agriculture, High, USDA, Traders, Thomson Locations: Nantong, Jiangsu province, China, Gulf Coast, Pacific Northwest, U.S, Brazil, China's, High U.S, Chicago
Looking at export inspection data versus export sales data suggests that the actual shipments, not demand, are the standout factor. USDA predicts U.S. wheat exports at a 52-year low of 19.05 million tons in 2023-24, which began on June 1. As of Oct. 26, export sales totaled 11.4 million tons, some 60% of the full-year target, above the date’s recent average of 58%. USDA’s projections call for 2023-24 U.S. wheat exports to decline 8% on the year, and export sales were down 7% as of Oct. 26. Since June 1, wheat export inspections at the U.S. Gulf are down 40% from a year ago, while the Pacific Northwest volume is down 16%.
Persons: Karen Braun, Matthew Lewis Organizations: Weekly, U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, States, U.S, Mississippi, Gulf, Pacific, Pacific Northwest, China, United States
Nearly 1 million chickens on a Minnesota egg farm will be slaughtered to help limit the spread of the highly contagious bird flu after it was confirmed there, officials said Monday. The Minnesota farm is the first egg-laying operation where bird flu has been found this year. Even after 940,000 chickens on the Minnesota farm are slaughtered, there will only have been about 3.4 million birds killed this year. Political Cartoons View All 1234 ImagesMinnesota has now lost a total of more than 5.5 million birds since the outbreak began. Egg farms like the one in Minnesota tend to have the most birds on any one farm.
Organizations: U.S . Department of Agriculture Locations: Minnesota, Wright County , Minnesota, South Dakota, Iowa, McPherson County, Iowa’s Clay County, Turkey, Minnesota , South Dakota
Tyson recalls 30,000 pounds of Dino Chicken Nuggets
  + stars: | 2023-11-05 | by ( ) www.reuters.com   time to read: +1 min
The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 5 (Reuters) - U.S. food company Tyson Foods (TSN.N) has said it was voluntarily recalling approximately 30,000 pounds of frozen, fully cooked dinosaur-shaped chicken “Fun Nuggets” or Dino Chicken Nuggets. The company said the recall includes Tyson brand fully cooked “Fun Nuggets” sold to retailers in 29-ounce packages. The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said Tyson food is recalling around 30,000 pounds of fully cooked breaded chicken in a release on Saturday. It said it has received no additional reports of injury or illness from consumption of these products.
Persons: Arnd, Dino, Tyson, FSIS, Scott DiSavino, Aurora Ellis Organizations: Tyson Foods, REUTERS, U.S . Department of Agriculture’s, Inspection, Thomson Locations: Davos, Switzerland
Tyson Foods is recalling nearly 30,000 pounds of its dinosaur-shaped chicken nuggets after some consumers said they found small metal pieces in them, federal officials said. The recall, which was announced on Saturday, involves 29-ounce plastic bags of the product, which is called “Fully Cooked Fun Nuggets Breaded Shaped Chicken Patties,” the U.S. Department of Agriculture’s Food Safety and Inspection Service said in a statement. The recall affects approximately 29,819 pounds of the dinosaur-shaped nuggets, which were produced on Sept. 5 by the Arkansas-based food processing company. The bags affected have a “best if used by” date of Sept. 4, 2024, and lot codes 2483BRV0207, 2483BRV0208, 2483BRV0209 and 2483BRV0210, the statement said. The packaging features cartoon dinosaurs, one green and one red, looking over a plate of the breaded nuggets.
Persons: Tyson Organizations: U.S . Department of Agriculture’s, Inspection Service Locations: Arkansas
Tyson Foods is recalling nearly 30,000 pounds (13,600 kilograms) of breaded chicken ""Fun Nuggets'' after consumers complained of finding metal pieces in the dinosaur-shaped patties. Tyson informed the U.S. Department of Agriculture's Food Safety and Inspection Service and said it recalled the nuggets voluntarily “out of an abundance of caution.'' USDA said that there had been only one report of a ”minor oral injury associated with consumption of this product.'' They were shipped to distributors in Alabama, California, Illinois, Kentucky, Michigan, Ohio, Tennessee, Virginia and Wisconsin to be passed on to retailers. The USDA urged consumers with the nuggets in their freezers to throw them out or return them to the place of purchase.
Persons: Tyson Organizations: U.S . Department of Agriculture's, Inspection Service, USDA, Associated Press Locations: , Arkansas, Alabama , California , Illinois , Kentucky, Michigan , Ohio , Tennessee, Virginia, Wisconsin
The tiny, half-pint cartons of milk served with millions of school lunches nationwide may soon be scarce in some cafeterias, with districts across the country scrambling to find alternatives. The problem is not a shortage of milk itself, but the cardboard cartons used to package and serve it, according to dairy industry suppliers and state officials. The shortage is affecting the company’s ability to “fully supply some school milk orders,” according to Matt Herrick, spokesperson for the International Dairy Foods Association. In Clarence, New York, local school district officials told parents they plan to provide “small bottles of water or cups of milk with lids” if the cartons run out. In Everett, Washington, school officials told parents to expect a disruption in cafeteria milk supply that could “range up to several months.”Herrick said U.S. milk processors are working with other package suppliers to resolve the shortage.
Persons: North America ”, , Matt Herrick, , Jayme Taylor, , ” Herrick Organizations: International Dairy Foods Association . School, U.S . Department of Agriculture, Nutrition Service, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Lake Forest , Illinois, North America, New York , Pennsylvania, California, Washington, U.S, Clarence , New York, Lake Stevens , Washington, Seattle, , Everett , Washington
Southeast Asia a high priority market: U.S. agriculture official
  + stars: | 2023-11-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoutheast Asia is an 'extremely high priority' market for us: U.S. agriculture department officialAlexis Taylor, under secretary at the U.S. Department of Agriculture, says China will continue to be an important market even as the U.S. pursues diversification.
Persons: Alexis Taylor Organizations: U.S . Department of Agriculture Locations: Asia, U.S, China
That's why more than 50 local officials signed onto a letter Tuesday calling on the Environmental Protection Agency to help municipal governments cut food waste in their communities. Tackling food waste is a daunting challenge that the U.S. has taken on before. In 2015, the U.S. Department of Agriculture and the EPA set a goal of cutting food waste in half by 2030, but the country has made little progress, said Claudia Fabiano, who works on food waste management for the EPA. Researchers say households are responsible for at least 40% of food waste in the U.S. Chicago, for instance, just launched a city-wide composting pilot program two weeks ago that set up free food waste drop-off points around the city.
Persons: Claudia Fabiano, “ We've, ” Fabiano, Weslynne Ashton, ” Ashton, Ning Ai, , Ai, ___ Read, Melina Walling Organizations: CHICAGO, Environmental Protection Agency, U.S . Department of Agriculture, EPA, Farmers, Illinois Institute of Technology, , Chicago, University of Illinois, AP Locations: U.S, It's, California, University of Illinois Chicago, ___
But national winter wheat yield ended up only about 2% below the long-term trend in 2023. Winter wheat there is only 32% GE, down from the week’s five-year average of 43% but above the year-ago 24%. Winter wheat is 42% and 41% GE, respectively, equal to the Oklahoma average and 13 points above the Texas one. Winter wheat at 47% GE is among the lower ratings for the date historically, but it is not necessarily in poor company. U.S. winter wheat conditions, fall versus springKaren Braun is a market analyst for Reuters.
Persons: Amira Karaoud, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department of Agriculture, GE, Nino, El Nino, Reuters, Thomson Locations: Shelbyville , Kentucky, U.S, Rights NAPERVILLE , Illinois, United States, Kansas, Illinois, Ohio, Missouri , Kentucky, Tennessee, Oklahoma, Texas, Southern
Nearly 13% of American households were food insecure in 2022. That means some 17 million families, or 1 in 8 U.S. households, struggled to meet their nutritional needs at some point in the year, according to a new report by the U.S. Department of Agriculture. The prevalence was "significantly higher" in 2022 than in 2021, when 13.5 million households were food insecure, according to the USDA. Food insecurity is even more of a challenge for certain groups. More than 22% of Black families reported food insecurity in 2022, and more than 33% of single mother-led households reported food insecurity over the same year.
Persons: Gen Z, Stacy Dean Organizations: Baptist Church, Northwell Health, Ponce Bank, U.S . Department of Agriculture, Finance, USDA Locations: Queens, New York, U.S
It would also require the Labor Department to compile a list of companies ineligible for federal contracts based on "serious, repeated, or pervasive violations of child labor laws." The Labor Department said earlier this month that in the 2023 fiscal year, which ended on Sept. 30, 2023, investigations had found close to 5,800 kids illegally employed in the U.S., an 88% increase from 2019. Another bipartisan Senate bill introduced on Thursday by Republican Marco Rubio from Florida, with Democrats Alex Padilla from California and John Hickenlooper from Colorado, and Republican Roger Marshall from Kansas, would require the Labor Department to report more details to lawmakers about the perpetrators and victims involved in child labor cases. A February 2022 Reuters story exposed child labor at Alabama chicken plants, revealing how unaccompanied Central American migrants in debt to human smugglers were working grueling factory shifts. Later, in November, the Labor Department filed a complaint against cleaning company Packers Sanitation Services Inc. (PSSI) for employing dozens of kids cleaning meatpacking plants around the country, some of whom suffered chemical burns and other injuries.
Persons: Cory Booker, Kevin Lamarque, Josh Hawley, Republican Marco Rubio, Alex Padilla, John Hickenlooper, Republican Roger Marshall, Rubio, Dick Durbin, Mica Rosenberg, Joshua Schneyer, Kristina Cooke, Aurora Ellis, Jonathan Oatis Organizations: Capitol, REUTERS, Democratic, Labor Department, U.S . Department of Agriculture, The Labor Department, Republican, Central, Packers Sanitation Services Inc, Hyundai, Kia, Reuters, Democratic Senators, Senate, Thomson Locations: Washington , U.S, United States, U.S, New Jersey, Missouri, Florida, California, Colorado, Kansas, Alabama, Korean, Mexico, Illinois, New York
Ellie Amador picks up a United States Department of Agriculture (USDA) Farmers to Families food box as food is distributed at the nonprofit New Life Centers' food pantry in Chicago, Illinois, U.S. March 16, 2021. The USDA report, which did not provide an explanation for the rise, found that 12.8% of households - equivalent to 17 million households - struggled to get enough food in 2022, up from 10.2%, or 13.5 million households, in 2021. Nearly 7 million households faced very low food security, meaning members' normal eating patterns were disrupted or food intake dropped because of limited resources, USDA said. More than 13 million children, or 18.5% of the country's child population, lived in food insecure households in 2022. More than 27.6 million Americans reported experiencing food scarcity in the most recent survey, conducted between Sept. 20 and Oct. 2, up 9.5% from the start of the year.
Persons: Ellie Amador, Daniel Acker, Tom Vilsack, Lisa Davis, Nell Menefee, Leah Douglas, Jonathan Oatis, Helen Popper Our Organizations: United States Department of Agriculture, Farmers, Centers, REUTERS, U.S . Department of Agriculture, . Census, USDA, Census, Children, WIC, National WIC Association, Thomson Locations: Chicago , Illinois, U.S, United States
DES MOINES, Iowa (AP) — Livestock and poultry producers will need to comply with more specific standards if they want to label their products organic under final rules announced Wednesday by the U.S. Department of Agriculture. The USDA's new Organic Livestock and Poultry Standards are being implemented after years of discussions with organics groups, farming organizations and livestock and poultry producers. Under the rules, organic poultry must have year-round access to the outdoors. Organic livestock also must have year-round outdoor access and be able to move and stretch at all times. The USDA's National Organic Program will oversee the new rules, working with certifiers accredited by the agency.
Persons: Tom Vilsack, , Tom Chapman, John Brunnquell, ” Brunnquell Organizations: DES, , U.S . Department of Agriculture, Livestock, Organic Trade Association, Producers, Program, American Farm Bureau Locations: DES MOINES, Iowa, Indiana
By Leah DouglasWASHINGTON (Reuters) - The U.S. Department of Agriculture on Wednesday issued long-awaited final regulations to standardize living conditions of organic livestock and require that chickens raised organically have regular access to outdoor pasture. The rule will close loopholes that allowed some organic egg producers to meet outdoor access requirements for organic egg-laying hens with open-air porches, rather than pasture. "It's fair to say that this is the most significant update in organic regulations in over 30 years," Agriculture Secretary Tom Vilsack said on a call with reporters. The USDA received more than 40,000 written comments on a draft version of the rule, Vilsack said, many dealing with the provisions that dictate minimum indoor and outdoor space requirements for livestock. Producers must comply with the rule within a year, but have five years to comply with certain provisions like the outdoor access requirement for laying hens.
Persons: Leah Douglas WASHINGTON, Tom Vilsack, Vilsack, Barack Obama, Donald Trump, Chellie Pingree, , Pingree, Leah Douglas, Tom Polansek, Chris Reese Organizations: U.S . Department of Agriculture, USDA, Producers, Democratic Locations: Maine, U.S, Europe, South Dakota, Minnesota, Iowa, Washington, Chicago
The potential timing of those sales is uncertain, as similar agreements in the past have sometimes led to immediate announcements of large U.S. export sales while other times they have not. Soybean Export Council (USSEC) on Tuesday were also unusually thin as neither volumes nor commodities were specified as normal. Therefore, large daily sales announcements from the U.S. Department of Agriculture are not guaranteed to follow. Some of the other biggest daily soybean sales also immediately followed signings. U.S. soybean export sales to China, October 12Karen Braun is a market analyst for Reuters.
Persons: Stringer, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, China, Export, U.S . Department of Agriculture, Brazil, Reuters, Thomson Locations: Wuhan, Hubei, Rights NAPERVILLE , Illinois, Iowa, U.S, Beijing, China, China’s U.S
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