The Latest Breaking News from USDA

October NY world sugar #11 (SBV24 ) today is up +0.43 (+2.30%), and Oct London ICE white sugar #5 (SWV24 ) is up +12.90 (+2.44%). Sugar prices today are moderately higher on a decline in Brazil's Center-South sugar production. Unica reported today that Center-South sugar production in the second half...

December arabica coffee (KCZ24 ) today is up +2.70 (+1.09%), and November ICE robusta coffee (RMX24 ) is up +86 (+1.72%). Coffee prices today are moderately higher, with robusta posting a 1-1/2 week high. Coffee prices are climbing due to concern that adverse global weather events will curb coffee production....

Should all U.S. public school students be able to eat breakfast and lunch at no cost, regardless of their family’s income? The federal government temporarily made that possible during the COVID-19 pandemic. Since then, some states have taken it upon themselves to make it happen on a permanent basis. The…

October NY world sugar #11 (SBV24 ) Wednesday closed up +0.26 (+1.41%), and Oct London ICE white sugar #5 (SWV24 ) closed up +10.50 (+2.02%). Sugar prices Wednesday posted moderate gains. Wednesday's rally of more than +2% in crude oil prices (CLV24) sparked short covering in sugar futures. Sugar prices...

December arabica coffee (KCZ24 ) Wednesday closed down -0.55 (-0.22%), and November ICE robusta coffee (RMX24 ) closed up +111 (+2.27%). Coffee prices Wednesday settled mixed, with robusta posting a 1-1/2 week high. Arabica coffee was under pressure Wednesday on larger exports from Brazil after Cecafe reported late Tuesday that...

October NY world sugar #11 (SBV24 ) today is up +0.15 (+0.81%), and Oct London ICE white sugar #5 (SWV24 ) is up +7.80 (+1.50%). Sugar prices today are moderately higher. Today's rally of more than +2% in crude oil prices (CLV24) has sparked short covering in sugar futures. On...

December arabica coffee (KCZ24 ) today is down -1.35 (-0.55%), and November ICE robusta coffee (RMX24 ) is up +69 (+1.41%). Coffee prices today are mixed. Arabica coffee is under pressure today on larger exports from Brazil after Cecafe reported late Tuesday that Brazil's Aug green coffee exports rose +1.4%...

Early this week, I had the privilege of moderating a panel discussion on global grain supply and demand and outlook at Barchart's Grain Merchandising & Technology Conference in Orlando.

Early this week, I had the privilege of moderating a panel discussion on global grain supply and demand and outlook at Barchart's Grain Merchandising & Technology Conference in Orlando.

Cattle prices have been heading lower since late July. While the short-term trend remains lower, the longer-term path of least resistance is still higher as the bullish trend since the 2020 low remains firmly intact.

October NY world sugar #11 (SBV24 ) Tuesday closed down -0.36 (-1.91%), and Oct London ICE white sugar #5 (SWV24 ) closed down -7.70 (-1.46%). Sugar prices Tuesday extended Monday's decline to 2-week lows. Tuesday's -4% selloff in WTI crude oil (CLV24 ) to a 16-month low weighed on sugar...