The Latest Breaking News from USDA

March NY world sugar #11 (SBH25 ) Wednesday closed down -0.29 (-1.26%), and December London ICE white sugar #5 (SWZ24 ) closed down -8.80 (-1.51%). Sugar prices Wednesday gave up an early advance and closed moderately lower on forecasts for beneficial rain in Brazil, which eased drought concerns and sparked...

December arabica coffee (KCZ24 ) Wednesday closed down -7.65 (-2.90%), and November ICE robusta coffee (RMX24 ) closed down -334 (-6.13%). Coffee prices Wednesday sold off sharply to 1-week lows after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is aimed at...

March NY world sugar #11 (SBH25 ) today is up +0.36 (+1.60%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.40%). Sugar prices today are moderately higher due to a surge in crude oil prices. WTI crude (CLX24 ) is up more than +4% today, which...

December arabica coffee (KCZ24 ) today is down -5.60 (-2.07%), and November ICE robusta coffee (RMX24 ) is down -76 (-1.38%). Coffee prices today are moderately lower, with arabica falling to a 1-week low. The Commodity Weather Group said today that showers in Brazil have boosted the flowering of coffee...

October NY world sugar #11 (SBV24 ) Monday closed down -0.12 (-0.53%), and December London ICE white sugar #5 (SWZ24 ) closed up +1.30 (+0.23%). Sugar prices on Monday settled mixed. Sugar came under pressure Monday on optimism that above-average monsoon rains in India will lead to a bumper sugar...

December arabica coffee (KCZ24 ) Monday closed up +1.10 (+0.41%), and November ICE robusta coffee (RMX24 ) closed up +16 (+0.29%). Coffee prices recovered from early losses on Monday and posted moderate gains. Coffee prices initially moved lower on Monday, according to forecasts for substantial showers for the Minas Gerais...

Once again, the majority of the Grains industry seemed to forget what it learned in Econ 101.

October NY world sugar #11 (SBV24 ) today is down -0.37 (-1.62%), and December London ICE white sugar #5 (SWZ24 ) is down -2.00 (-0.35%). Sugar prices today are moderately lower, with London sugar posting a 1-week low. Optimism that above-average monsoon rains in India will lead to a bumper...

December arabica coffee (KCZ24 ) today is down -1.05 (-0.39%), and November ICE robusta coffee (RMX24 ) is down -10 (-0.18%). Coffee prices today are posting modest losses. Forecasts for substantial showers for the Minas Gerais region in Brazil at the end of this week have eased Brazil's drought concerns...