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The Latest Breaking News from USDA

My Annual Public Service Announcement regarding NASS' Weekly Reports

I know there are new readers to this site every year. Given that, I feel compelled to post my annual Public Service Announcement regarding NASS' weekly numbers.

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Cattle Looks to Tuesday Trade as Beef Rally Slows

Live cattle posted mixed action with contracts 50 cents lower to 42 cents higher. June futures were held up with a 42 cent gain, as futures are still $4-8 discount to cash. USDA reported cash sales of $186 in the South, up to $190 in the North last week, $2-3...

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Fund Short Covering Pushes Sugar Prices Sharply Higher

July NY world sugar #11 (SBN24 ) on Monday closed up +0.55 (+3.03%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +16.10 (+3.01%). Sugar prices Monday closed sharply higher as strength in the Brazilian real sparked fund short covering in sugar futures. The real (^USDBRL ) on...

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Coffee Prices Settle Mixed on Rising ICE Coffee Inventories

July arabica coffee (KCN24 ) on Monday closed up +0.10 (+0.05%), and July ICE robusta coffee (RMN24 ) closed down -19 (-0.54%). Coffee prices Monday fell back from 2-week highs and settled mixed. A rebound in ICE coffee inventories from historically low levels is undercutting prices. ICE-monitored robusta coffee inventories...

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Why May Is Not The Time To Assume You Know What Will Happen Next In The Grain Markets

Taking a look at why speaking in definitive terms about what the market will do in May can prove costly...

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Sugar Prices Sharply Higher on Fund Short Covering

July NY world sugar #11 (SBN24 ) today is up +0.54 (+2.98%), and Aug London ICE white sugar #5 (SWQ24 ) is up +16.80 (+3.14%). Sugar prices today are sharply higher as strength in the Brazilian real (^USDBRL ) has sparked short covering in sugar futures. Today, the real rallied...

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Coffee Prices Gain on Insufficient Rain in Brazil and Vietnam

July arabica coffee (KCN24 ) today is up +0.80 (+0.39%), and July ICE robusta coffee (RMN24 ) is up +6 (+0.17%). Coffee prices today climbed to 2-week highs and are moderately higher. Insufficient rainfall in Brazil and Vietnam may curb global coffee production and is bullish for prices. Somar Meteorologia...

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Sugar Prices Slide as the Supply Situation Improves

July NY world sugar #11 (SBN24 ) on Friday closed down -0.20 (-1.09%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -1.50 (-0.28%). Sugar prices posted moderate losses on Friday but remained above Thursday's significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low,...

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Coffee Closes Sharply Higher as Crop Concerns Spark Fund Buying

July arabica coffee (KCN24 ) on Friday closed up +8.70 (+4.40%), and July ICE robusta coffee (RMN24 ) closed up +98 (+2.87%). Coffee prices Friday rallied to 2-week highs and finished sharply higher. Insufficient rainfall in Vietnam and Brazil may curb global coffee production and has sparked fund buying of...

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Sugar Prices Weighed Down on the Outlook for Robust Sugar Supplies

July NY world sugar #11 (SBN24 ) today is down -0.23 (-1.25%), and Aug London ICE white sugar #5 (SWQ24 ) is down -2.70 (-0.50%). Sugar prices today are moderately lower but remain above Thursday's significant lows. NY sugar on Thursday fell to a 1-1/2 year nearest-futures low, and London...

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Coffee Climbs on Scant Rainfall in Brazil and Vietnam

July arabica coffee (KCN24 ) today is up +6.85 (+3.46%), and July ICE robusta coffee (RMN24 ) is up +82 (+2.40%). Coffee prices today are sharply higher and posted 2-week highs. Insufficient rainfall in Vietnam and Brazil may curb global coffee production and has sparked fund buying of coffee futures....

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Sugar Prices Slump as Supply Concerns Fade

July NY world sugar #11 (SBN24 ) on Thursday closed down -0.32 (-1.72%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -6.10 (-1.12%). Sugar prices Thursday added to this week's losses, with NY sugar falling to a 1-1/2 year nearest-futures low and London sugar dropping to a...

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Sugar Prices Hammered on the Outlook for Abundant Supplies

July NY world sugar #11 (SBN24 ) today is down -0.25 (-1.34%), and Aug London ICE white sugar #5 (SWQ24 ) is down -4.10 (-0.76%). Sugar prices today extended this week's slide, with NY sugar posting a 1-1/2 year nearest-futures low and London sugar posting a 1-1/4 year low on...

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Sugar Prices Pressured by Strong Brazil Sugar Production

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.22 (-1.17%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -10.70 (-1.93%). Sugar prices on Wednesday settled moderately lower but remained above Tuesday's major lows. NY sugar on Tuesday posted a 1-1/2 year nearest-futures low, and...

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Sugar Prices Retreat as Brazil Ramps Up Sugar Production

July NY world sugar #11 (SBN24 ) this morning is down -0.19 (-1.01%), and Aug London ICE white sugar #5 (SWQ24 ) is down -8.80 (-1.59%). Sugar prices this morning are moderately lower but remain above Tuesday's major lows. Ramped-up sugar production in Brazil is undercutting prices. Unica reported today...

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Coffee Prices Under Pressure as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -2.20 (-1.10%), and July ICE robusta coffee (RMN24 ) is down -53 (-1.54%). Coffee prices this morning are posting moderate losses on a rebound in ICE coffee inventories from historically low levels. ICE-monitored robusta coffee inventories on February 21 fell to...

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Sugar Prices Close Higher as Dollar Weakness Sparks Short Covering

July NY world sugar #11 (SBN24 ) on Tuesday closed up +0.24 (+1.29%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +3.00 (+0.55%). Sugar prices Tuesday recovered from early losses and settled moderately higher as a fall in the dollar index (DXY00 ) to a 1-week low...

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Can the Meats Rally During the Peak Season in 2024?

The annual grilling season, when beef and pork demand tend to peak, begins in a few short weeks at the end of May on the Memorial Day weekend. Cattle prices remain near record highs, and hog futures have experienced a seasonal rally. Time will tell if higher highs are on…

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Sugar Prices Rebound as Dollar Weakness Sparks Short Covering

July NY world sugar #11 (SBN24 ) this morning is up +0.24 (+1.29%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.30 (+0.60%). Sugar prices this morning recovered from early losses and are moderately higher after a fall in the dollar index (DXY00 ) to a 1-week...

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Coffee Prices Firm on Dollar Weakness

July arabica coffee (KCN24 ) this morning is up +2.40 (+1.22%), and July ICE robusta coffee (RMN24 ) is up +15 (+0.44%). Coffee prices are moderately higher as today's fall in the dollar index (DXY00 ) to a 1-week low has sparked some short covering in coffee futures. Coffee prices...

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US Economy: Is Consumerism Being Curbed?

A few key economic indicator markets seem to be telling us the consumerism that has underpinned the US economy could be waning.

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Sugar Prices Fall Sharply on Easing Supply Concerns

July NY world sugar #11 (SBN24 ) on Monday closed down -0.67 (-3.47%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -19.30 (-3.39%). Sugar prices Monday sold off sharply, with NY sugar falling to a 1-1/2 year nearest-futures low and London sugar dropping to a 1-1/4 year...

Homes & Gardens

What to plant in zone 6 – expert advice on the best trees, shrubs and flowers to grow

Professional tips on the plants most suited US hardiness zone 6

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Is The Wheat Rally A Sign Of Things To Come In Grains?

Taking a look at what's driving the recent run in wheat prices and what it means for corn and soybeans.

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Sugar Prices Slump as Global Sugar Supply Concerns Ease

July NY world sugar #11 (SBN24 ) this morning is down -0.56 (-2.90%), and Aug London ICE white sugar #5 (SWQ24 ) is down -16.50 (-2.90%). Sugar prices this morning are sharply lower, with NY sugar falling to a 1-1/2 year nearest-futures low and London sugar falling to a 1-1/4...

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