The Latest Breaking News from USDA

July NY world sugar #11 (SBN23 ) on Wednesday closed down -0.08 (-0.33%), and Aug London white sugar #5 (SWQ23 ) closed down -1.70 (-0.25%). Sugar prices Wednesday posted modest losses but remained above Tuesday's 6-week lows. The ongoing sugar harvest in Brazil has been weighing on prices over the...

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