The Latest Breaking News from USDA

July arabica coffee (KCN23 ) on Wednesday closed up +2.80 (+1.53%), and July ICE robusta coffee (RMN23 ) closed up +60 (+2.30%). Coffee prices Wednesday posted moderate gains, with robusta climbing to a 2-week high. A weaker dollar Wednesday (DXY00 ) was supportive of coffee prices. Smaller ICE arabica inventories...

July arabica coffee (KCN23 ) this morning is up +2.05 (+1.12%), and July ICE robusta coffee (RMN23 ) is up +57 (+1.87%). Coffee prices this morning are moderately higher, with robusta posting to a 2-week high. A weaker dollar today (DXY00 ) is supportive of coffee prices. Robusta is also...

Today, Barchart released its initial 2023 Yield and Production forecasts for US corn and soybeans. The initial forecasts see end-of-season U.S. corn production at 15B bu with a yield of 177.9 bu/ac. This compares to the USDA’s 15.3B bu of production and 181.5 bu/ac yield. The initial forecasts see end-of-season...

July NY world sugar #11 (SBN23 ) on Tuesday closed up +0.18 (+0.74%), and Aug London white sugar #5 (SWQ23 ) closed down -5.50 (-0.81%). Sugar prices Tuesday fell to 6-week lows, but NY sugar recovered on strength in the Brazilian real and closed moderately higher. The real (^USDBRL )...

July arabica coffee (KCN23 ) on Tuesday closed down -0.50 (-0.27%), and July ICE robusta coffee (RMN23 ) closed up +7 (+0.27%). Coffee prices Tuesday settled mixed, with robusta climbing to a 2-week high. A stronger dollar Tuesday (DXY00 ) weighed on coffee prices. However, losses in arabica coffee were...

July arabica coffee (KCN23 ) this morning is down -0.20 (-0.11%), and July ICE robusta coffee (RMN23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with robusta climbing to a 2-week high. A stronger dollar (DXY00 ) today is weighing on coffee prices. However, losses in arabica...

July arabica coffee (KCN23 ) on Monday closed up +2.80 (+1.55%), and July ICE robusta coffee (RMN23 ) closed up +32 (+1.24%). Coffee prices Monday closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real on Monday rose to a 2-1/2 week high against...

July NY world sugar #11 (SBN23 ) on Monday closed down -0.33 (-1.33%), and Aug London white sugar #5 (SWQ23 ) closed down -9.70 (-1.41%). Sugar prices Monday tumbled to 6-week lows. The arrival of monsoon rains in India and ramped-up sugar production in Brazil are weighing on sugar prices....

July arabica coffee (KCN23 ) this morning is up +2.00 (+1.11%), and July ICE robusta coffee (RMN23 ) is up +30 (+1.17%). Coffee prices this morning are moderately higher. Strength in the Brazil real (^USDBRL ) is boosting coffee prices as the real today rose to a 2-1/2 week high...

The billionaire’s record has raised concerns over Neuralink’s ability to responsibly oversee the development of such an invasive device

Weather will dominate price action for the foreseeable future. Let's take a look at that and the other fundamental factors at play as we roll into the production season...