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The Latest Breaking News from USDA

Sugar Continues Lower on Favorable Brazil Weather

July NY world sugar #11 (SBN23 ) on Friday closed down -0.75 (-3.01%), and Aug London white sugar #5 (SWQ23 ) closed down -16.60 (-2.46%). Sugar prices on Friday extended Thursday's sharp sell-off and fell to a 2-month low, generating technical selling pressure. Sugar prices fell sharply this week, mainly...

Barchart

What Will the Average Yield of the 2023 US Corn Crop Be?

The monthly game of pin-the-tail-on-the-donkey gets even more heated during a weather market.

Barchart

Florida once again has a giant African land snail problem

The state is moving quickly to destroy the snails before the snails destroy Florida's crops. The snails contain both male and female reproductive organs and lay up to 500 eggs at a time.

WEKU

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Sugar Continues Lower on Favorable Brazil Weather

July NY world sugar #11 (SBN23 ) on Thursday closed down -0.95 (-3.67%), and Aug London white sugar #5 (SWQ23 ) closed down -19.50 (-2.81%). Sugar prices Thursday closed sharply lower on warmer Brazilian weather forecasts that reduced the chances for damaging frost. Sugar prices saw continued carry-over pressure from...

Barchart

1st 'lab-grown' meat approved for sale in the US

In a first, U.S. regulators have cleared several lab-grown chicken products for sale in the country.

LiveScience

Arabica Coffee Prices Remain Weak on Favorable Brazilian Weather

July arabica coffee (KCN23 ) today are down -0.40 (-0.23%), and July ICE robusta coffee (RMN23 ) is up +14 (+0.51%). Coffee prices have stabilized today after the plunge seen on Tuesday and Wednesday. NY arabica coffee on Wednesday fell to a 2-3/4 month low and is mildly lower today....

Barchart

‘A new era’: Lab-grown meat gets approval for sale in US

The United States becomes the second country in the world, behind Singapore, to allow sales of lab-grown meat.

Al Jazeera

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Sugar Closes Lower on Favorable Brazil Weather

July NY world sugar #11 (SBN23 ) on Wednesday closed down -0.34 (-1.30%), and Aug London white sugar #5 (SWQ23 ) closed down -7.80 (-1.11%). Sugar prices Wednesday closed lower on warmer Brazilian weather forecasts that reduced the chances for damaging frost. Also, sugar saw carry-over pressure from Sunday's news...

Barchart

'No kill' meat, grown from animal cells, is now approved for sale in the U.S.

Two U.S. food companies have received the go-ahead to sell chicken grown from cultivated animal cells in a production facility. It's the first time meat grown this way will be sold in the U.S.

WEKU

Arabica Coffee Sharply Lower on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) today is down -8.50 (-4.79%), and July ICE robusta coffee (RMN23 ) is down -60 (-2.14%). Coffee prices have plunged for the second straight day on forecasts for favorable weather in Brazil that will allow farmers to continue the country's coffee harvest. Heavy rains last...

Barchart

Part of Florida county issues quarantine order after giant African snail spotted

Giant African Snails were first spotted in the Sunshine State in the 1960s, and it took nearly a decade and $1m to eradicate them

The Independent UK

Arabica Coffee Sharply Lower on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) on Tuesday closed down -7.45 (-4.03%), and July ICE robusta coffee (RMN23 ) closed down -26 (-0.92%). Coffee prices Tuesday sold off sharply, with arabica dropping to a 2-1/2 week low. Forecasts for favorable weather in Brazil that will allow farmers to finish the country's...

Barchart

Sugar Closes Lower on Weak Chinese Demand and Brazil Sugar Harvest Pressures

July NY world sugar #11 (SBN23 ) on Tuesday closed down -0.21 (-0.79%), and Aug London white sugar #5 (SWQ23 ) closed unchanged. Sugar prices Tuesday settled moderately lower. Weakness in sugar demand from China, the world's largest sugar importer, weighed on prices after China's Customs General Administration reported that...

Barchart

Triple Digit Losses in Cattle Futures

The cattle market is slipping through midday with triple digit losses so far. August is leading the way down with a $1.40 loss of 0.8%. Midday feeder cattle quotes are $1.15 to $1.77 weaker with 0.5% losses in the front months. The Tuesday FCE auction showed no sales between $178...

Barchart

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Arabica Coffee Sinks on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) this morning is down -8.20 (-4.43%), and July ICE robusta coffee (RMN23 ) is down -33 (-1.16%). Coffee prices this morning are sharply lower, with arabica dropping to a 2-1/2 week low. Forecasts for favorable weather in Brazil that will allow farmers to finish the...

Barchart

Coffee Prices Retreat as Coffee Makers Delay Brazilian Bean Purchases

July arabica coffee (KCN23 ) on Friday closed down -2.10 (-1.12%), and July ICE robusta coffee (RMN23 ) closed down -8 (-0.29%). Coffee prices Friday closed moderately lower, with robusta falling back from a record high (data from 2008). A recovery in the dollar Friday sparked long liquidation pressures in...

Barchart

Sugar Prices Follow Crude Oil Higher

July NY world sugar #11 (SBN23 ) on Friday closed up +0.43 (+1.65%), and Aug London white sugar #5 (SWQ23 ) closed up +17.50 (+2.55%). Sugar prices Friday posted moderate gains, with NY sugar climbing to a 1-month high and London sugar climbing to a 2-week high. A rally in...

Barchart

Coffee Prices Slip as Coffee Buyers Delay Brazilian Bean Purchases

July arabica coffee (KCN23 ) this morning is down -2.35 (-1.26%), and July ICE robusta coffee (RMN23 ) is down -17 (-0.61%). Coffee prices this morning are moderately lower, with robusta falling back from a record high (data from 2008). A recovery in the dollar today sparked long liquidation pressures...

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The Texas Tribune

Texas towns are starving for capital and lack the resources to apply for grants. This group hopes to help.

Texas Rural Funders hopes a one-stop resource for grant applications and writers could help small towns win money to fund innovation and capital needs.

Barchart

NY Sugar Moderately Higher on Strength in Crude Oil and Brazilan Real

July NY world sugar #11 (SBN23 ) on Thursday closed up +0.16 (+0.62%), and Aug London white sugar #5 (SWQ23 ) closed down -2.10 (-0.31%). Sugar prices Thursday settled mixed, with NY sugar posting a 1-month high. Sugar found support Thursday on strength in the Brazilian real (^USDBRL), which climbed...

Barchart

Coffee Prices Gain on Brazilian Real Strength and Tight Supplies

July arabica coffee (KCN23 ) on Thursday closed up +2.60 (+1.41%), and July ICE robusta coffee (RMN23 ) closed up +79 (+2.90%). Coffee prices Thursday rose sharply, with robusta posting a record high (data from 2008). Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the...

Barchart

Robusta Coffee Soars to a Record High on Strong Demand and Tight Supplies

July arabica coffee (KCN23 ) this morning is up +2.70 (+1.46%), and July ICE robusta coffee (RMN23 ) is up +84 (+3.08%). Coffee prices this morning are moderately higher, with robusta posting a record high (data from 2008). Robusta has support from increased demand from roasters who are substituting arabica...

Bangkok Post

Rice glut will be put to test with El Niño’s return

The world is awash in rice with global stockpiles at close to record levels. El Niño’s arrival will put those reserves to the test.

Barchart

Sugar Pushes Higher as the Brazilan Real Rallies

July NY world sugar #11 (SBN23 ) on Wednesday closed up +0.68 (+2.70%), and Aug London white sugar #5 (SWQ23 ) closed up +7.10 (+1.04%). Sugar prices Wednesday closed moderately higher on strength in the Brazilian real (^USDBRL ), which climbed to a 1-year high against the dollar. The stronger...

Barchart

Coffee Prices Higher as Brazilian Real Rallies to 1-year High

July arabica coffee (KCN23 ) on Wednesday closed up +1.65 (+0.90%), and July ICE robusta coffee (RMN23 ) closed up +12 (+0.44%). Coffee prices Wednesday posted moderate gains. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices after the real Wednesday rallied to a new 1-year high...

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