The Latest Breaking News from USDA

March Cotton Futures Just Hit a New Low. Is There Hope on the Horizon for Cotton Prices?

There are six signals that suggest cotton has limited price downside at the moment.

Barchart · Jan 16, 2025

Sugar Prices Finish Higher as Dollar Weakness Spurs Short Covering

March NY world sugar #11 (SBH25 ) Thursday closed up +0.40 (+2.22%), and March London ICE white sugar #5 (SWH25 ) closed up +12.50 (+2.65%). Sugar prices posted moderate gains on Thursday, as a weaker dollar (DXY00 ) sparked short covering in sugar futures. An excessive short position by funds...

Barchart · Jan 16, 2025

Record High Brazil Coffee Exports Undercut Prices

March arabica coffee (KCH25 ) Thursday closed down -3.30 (-1.00%), and March ICE robusta coffee (RMH25 ) closed down -23 (-0.47%). Coffee prices Thursday gave up an early advance and turned lower on record-high coffee exports from Brazil. Cecafe reported late Wednesday that Brazil's 2024 arabica coffee exports jumped +20%...

Barchart · Jan 16, 2025

Losses in Sugar Prices Accelerate as Supply Prospects Improve

March NY world sugar #11 (SBH25 ) Wednesday closed down -0.31 (-1.69%), and March London ICE white sugar #5 (SWH25 ) closed down -8.70 (-1.81%). Sugar prices Wednesday extended their 3-month prolonged selloff, with NY sugar posting a 4-3/4 month nearest-futures low and London sugar posting a 3-1/3 year low....

Barchart · Jan 15, 2025

Coffee Prices Post Moderate Gains on Dollar Weakness

March arabica coffee (KCH25 ) Wednesday closed up +8.50 (+2.64%), and March ICE robusta coffee (RMH25 ) closed up +49 (+1.01%). Coffee prices Wednesday recovered from early losses and settled moderately higher as a weaker dollar (DXY00 ) prompted short covering in coffee futures. Dry conditions in Brazil also support...

Barchart · Jan 15, 2025

Sugar Prices Extend Their 3-month Long Selloff as Supply Concerns Ease

March NY world sugar #11 (SBH25 ) today is down -0.26 (-1.42%), and March London ICE white sugar #5 (SWH25 ) is down -7.80 (-1.62%). Sugar prices today extended their 3-month long selloff, with NY sugar posting a 4-3/4 month nearest-futures low and London sugar posting a 3-1/3 year low....

Barchart · Jan 15, 2025

Dollar Weakness Spurs Gains in Coffee

March arabica coffee (KCH25 ) today is up +7.30 (+2.27%), and March ICE robusta coffee (RMH25 ) is up +41 (+0.84%). Coffee prices today are moderately higher as a weaker dollar prompted short covering in coffee futures. Dry conditions in Brazil also support coffee prices as arabica coffee climbed to...

Barchart · Jan 15, 2025

Biden administration allocates $306m in its final days for bird flu response

‘Critical’ funding comes as H5N1 outbreak intensifies and will go toward developing a response to the virus

The Guardian - US · Jan 15, 2025

Government Inspectors Found Filthy Conditions In Boar's Head Plants: 'Unidentified Slime'

Boar's Head faces scrutiny over unsanitary conditions described as "general filth," wrote an inspector about an Indiana plant.

International Business Times · Jan 14, 2025

Screwworm Pest Has Blocked Imports of Mexican Cattle Into Texas For Weeks; Why It Could Lead To Higher Beef Prices

About 3% of U.S. cattle comes from Mexico, with two thirds of it in Texas, New Mexico and Oklahoma

Latin Times · Jan 14, 2025