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The Latest Breaking News from USDA

Weathering the Storm: Farmers' Struggles, USDA Data Challenges and Market Implications

Taking a look at what is happening in the markets as we enter the last half of July.

Barchart

Sugar Prices Undercut on the Outlook for a 2024/25 Global Sugar Surplus

October NY world sugar #11 (SBV24 ) today is down -0.32 (-1.63%), and Oct London ICE white sugar #5 (SWV24 ) is down -6.70 (-1.20%). Sugar prices today are moderately lower on the outlook for a global sugar surplus next year. Covrig Analytics said today that it expects the 2024/25...

Barchart

Coffee Prices Slip on Rain in Brazil and Increased ICE Robusta Inventories

Coffee prices are down a bit today. Rains in Brazil have helped alleviate concerns about dry conditions, putting downward pressure on Arabica coffee prices.

Barchart

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Tumbling Corn Prices Have More Room to the Downside

Corn market participants have seen a steep fall after prices peaked in the Spring of 2022. Last year's planting season rally saw prices peak at $6.30 based on the new crop December 2023 futures. Many farmers/producers held onto their crops, anticipating higher prices. However, record production in the US and…

Barchart

Sugar Prices Post Moderate Losses as Crude Oil Falls

October NY world sugar #11 (SBV24 ) on Tuesday closed down -0.14 (-0.71%), and Oct London ICE white sugar #5 (SWV24 ) closed down -0.60 (-0.11%). Sugar prices posted moderate losses on Tuesday, weighed down by weakness in crude prices. Aug WTI crude (CLQ24 ) fell to a 3-week low...

Barchart

Coffee Prices Settle Mixed and Consolidate Monday's Sharp Losses

September arabica coffee (KCU24 ) on Tuesday closed up +1.45 (+0.60%), and Sep ICE robusta coffee (RMU24 ) closed down -11 (-0.24%). Coffee prices Tuesday settled closed mixed as they consolidated Monday's sharp losses. Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to...

Barchart

Cattle Mixed on Tuesday

Live cattle are showing slight 7 to 20 cent gains in the front months on Tuesday. Last week’s cash cattle trade centered around $188 in the South, with northern trade at $198. This week’s early activity was mostly just compiling show lists. Feeder cattle are mostly 15 to 45 cent...

Barchart

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Sugar Prices Pressured by Weakness in Crude Oil

October NY world sugar #11 (SBV24 ) today is down -0.12 (-0.61%), and Oct London ICE white sugar #5 (SWV24 ) is down -0.90 (-0.16%). Sugar prices today are mildly lower, weighed down by weakness in crude prices. Aug WTI crude (CLQ24 ) fell to a 3-week low today, which...

Barchart

Coffee Prices Consolidate After Monday's Sharp Decline

September arabica coffee (KCU24 ) today is up +1.30 (+0.54%), and Sep ICE robusta coffee (RMU24 ) is down -17 (-0.37%). Coffee prices today are mixed as they consolidate Monday's sharp losses. Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to a 1-year...

Barchart

Cattle Close Mixed on Monday

Live cattle saw mixed trade on Monday with most contracts within 27 cents on either side of unchanged. Last week’s cash cattle trade centered around $188 in the South, with northern trade at $198. Monday saw most compiling showlists. Feeder cattle were propped up by a weaker corn market, as...

Barchart

Sugar Settles Sharply Higher on Below-Normal Monsoon Rains in India

October NY world sugar #11 (SBV24 ) on Monday closed up +0.56 (+2.92%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +24.00 (+4.38%). Sugar prices recovered from early losses on Monday and moved sharply higher. Sugar prices rallied Monday on below-normal monsoon rain in India, the world's...

Barchart

Sugar Prices Rebound on Below-Normal Monsoon Rains in India

October NY world sugar #11 (SBV24 ) today is up +0.50 (+2.60%), and Aug London ICE white sugar #5 (SWQ24 ) is up +22.40 (+4.09%). Sugar prices today recovered from early losses and are sharply higher. Sugar prices rallied today on below-normal monsoon rain in India, the world's second-largest sugar...

Barchart

Coffee Prices Tumble as Rain in Brazil Eases Drought Concerns

September arabica coffee (KCU24 ) today is down -6.25 (-2.51%), and Sep ICE robusta coffee (RMU24 ) is down -26 (-0.56%). Coffee prices today are moving lower on increased precipitation in Brazil, which is alleviating concerns about dryness. Somar Meteorologia reported today that Brazil's Minas Gerais region received 4.6 mm...

Barchart

Bird flu outbreak at Colorado farm as 5 workers reported positive: Experts warn of ‘turning point,’ call for urgent action

Colorado’s governor has declared a disaster emergency in response to the first cluster of human H5N1 infection on a single U.S. farm.

Fortune

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Homes & Gardens

Drought tolerant shade plants – 8 ideas to enliven tricky areas in dry gardens

Discover the drought tolerant shade plants that will maximise every inch of your yard

Barchart

Sugar Prices Finish Lower on Robust Brazil Sugar Output

October NY world sugar #11 (SBV24 ) Friday closed down -0.23 (-1.18%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -5.80 (-1.05%). Sugar prices Friday extended this week's decline, with NY sugar dropping to a 2-1/2 week low. Robust sugar output in Brazil is bearish for prices...

Barchart

Coffee Prices Settle Moderately Higher as Brazil's Coffee Farmers Hoard Beans

September arabica coffee (KCU24 ) Friday closed up +3.90 (+1.59%), and Sep ICE robusta coffee (RMU24 ) closed up +41 (+0.90%). Coffee prices Friday shook off early losses and closed moderately higher. Coffee prices are seeing support from a lack of producer selling as Brazilian coffee farmers hoard beans in...

Barchart

Sugar Prices Weighed Down by Robust Brazil Sugar Output

October NY world sugar #11 (SBV24 ) today is down -0.16 (-0.82%), and Aug London ICE white sugar #5 (SWQ24 ) is down -3.30 (-0.60%). Sugar prices today extended this week's decline, with NY sugar dropping to a 2-1/2 week low. Robust sugar output in Brazil is bearish for prices...

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Barchart

Coffee Prices Firm as Brazil's Coffee Farmers Hoard Beans

September arabica coffee (KCU24 ) today is up +2.70 (+1.10%), and Sep ICE robusta coffee (RMU24 ) is up +33 (+0.72%). Coffee prices today shook off early losses and are moderately higher. Coffee prices are seeing support from a lack of producer selling as Brazilian coffee farmers hoard beans in...

Barchart

Sugar Prices Close Lower on Strong Sugar Production in Brazil

October NY world sugar #11 (SBV24 ) Thursday closed down -0.38 (-1.92%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -4.40 (-0.79%). Sugar prices Thursday retreated, with NY falling to a 2-week low. Ramped-up sugar output in Brazil is bearish for prices after Unica reported Thursday that...

Barchart

Coffee Posts Moderate Gains on Global Production Concerns

September arabica coffee (KCU24 ) Thursday closed up +1.30 (+0.53%), and Sep ICE robusta coffee (RMU24 ) closed up +99 (+2.21%). Coffee prices posted moderate gains on Thursday, with Sep arabica and Sep robusta posting contract highs. Coffee prices have rallied sharply this week due to concern that drier-than-normal conditions...

Salon

The GOP will deepen the US hunger crisis

"It is ill-advised to weaken SNAP and the commodity programs as it will only deepen America’s hunger crisis"

Barchart

Sugar Prices Retreat on Ramped-Up Brazil Sugar Production

October NY world sugar #11 (SBV24 ) today is down -0.37 (-1.87%), and Aug London ICE white sugar #5 (SWQ24 ) is down -5.40 (-0.97%). Sugar prices today are sharply lower, with NY falling to a 2-week low. Ramped-up sugar output in Brazil is bearish for prices after Unica reported...

Barchart

Coffee Prices Push Higher on Concerns About Global Coffee Production

September arabica coffee (KCU24 ) today is up +3.55 (+1.46%), and Sep ICE robusta coffee (RMU24 ) is up +110 (+2.46%). Coffee prices today are moderately higher, with Sep arabica and Sep robusta posting contract highs. Also, nearest-future July robusta posted an all-time high, and nearest-future July arabica posted a...

Barchart

Sugar Prices Finish Higher as Brazilian Real Strength Sparks Short Covering

October NY world sugar #11 (SBV24 ) on Wednesday closed up +0.19 (+0.97%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +4.10 (+0.74%). Sugar prices recovered from early losses on Wednesday and settled moderately higher. Short covering emerged in sugar futures Wednesday after the Brazilian real (^USDBRL...

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