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Event Brief

Food companies hit by Trump administration’s cuts to benefits

US food companies face weaker demand after households lose SNAP benefits due to Trump administration cuts.
WHO: Trump administration
WHAT: Cuts to federal SNAP benefits reduce consumer demand for food companies.
WHEN: May 13, 2026 at 6:00 AM ET
WHERE: USA
WHY: Households lose access to the federal SNAP subsidy programme.

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