The Latest Breaking News from USDA

Supply Risks Support Coffee Prices

December arabica coffee (KCZ26 ) is up +11.55 (+3.78%) today, and November ICE robusta coffee (RMX26 ) is up +64 (+1.87%). Coffee prices are moving sharply higher today, with arabica posting a 6-week high. Concerns that an El Niño weather pattern could hurt Brazil's and Vietnam’s coffee crops next year...

Barchart · Oct 19

Harvest Pressure Is Squelching Corn, Soybean, and Wheat Prices

The corn and soybean futures markets’ technically bearish weekly low closes again Friday suggest more chart-based selling early this week.

Barchart · Oct 19

Cattle Look to Monday, Following Late Week Gains

Live cattle futures caught some strength on Friday, with contracts up $1.10 to $1.65 at the close. December was up $1.30 on the week. Open interest was down 3,119 contracts on Friday, suggesting some short covering. USDA reported northern dressed sales at $350-355 and $222-227 live. Southern sales were reported...

Barchart · Oct 19

E. coli Outbreak Tied to Chicken Wraps Grows to 50 Cases, but Officials Have Not Named a Brand

An E. coli O157:H7 outbreak tied to chicken wraps has grown to 50 cases, FDA data show. The brand is still unnamed. Symptoms and when to seek care.

Medical Daily · Oct 17

Crested Wheatgrass Plantings: Introduced grass still shapes US rangelands; restoration now harder

Crested wheatgrass made its way to the United States in the early 1900s primarily for the purpose of rangeland restoration, especially taking off during the hardship of the 1930s when ecological and economic difficulties arose. While it serves as excellent forage for livestock, its invasive nature can threaten native grasslands,…

The Times of India · Oct 17

Retail price impacts from the Iran war are uneven but add up for US households before midterms

High fuel prices are making it more expensive to drive, fly and buy some goods more than seven months into the U.S.-Iran war

The Independent UK · Oct 17

Cattle Rally into the Weekend, as Cash Firms

Live cattle futures caught some strength on Friday, with contracts up $1.10 to $1.65 at the close. December was up $1.30 on the week. USDA reported northern dressed sales at $350-355 and $222-227 live. Southern sales were reported at $228. The Friday morning Fed Cattle Exchange online auction showed sales...

Barchart · Oct 16

Hog Bulls Find Footing on Friday, as Pork Sees Strength

Lean hog futures found some strength to close the week, with contracts up 27 cents to $1.25 on Friday. December was still down 90 cents for the week. USDA’s national base hog price was reported at $67.09 on Friday afternoon down $4.61 from the day prior. The CME Lean Hog...

Barchart · Oct 16

Corn Falls on Friday as Spec Longs Continue Exit

Corn futures closed out the Friday session with contracts 1 to 4 ½ cents across the board, as December was 5 ½ cents lower. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.35. Now halfway through October the average close for December futures has been...

Barchart · Oct 16

Sugar Prices Decline on Drier Weather Forecasts for Brazil

March NY world sugar #11 (SBH27 ) closed down -0.28 (-1.33%) on Friday, and December London ICE white sugar #5 (SWZ26 ) closed down -6.20 (-1.10%). Sugar prices came under pressure on Friday as forecasts for hot, dry weather next week in Brazil’s Center-South region, the country’s largest sugar-producing area,...

Barchart · Oct 16