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The Latest Breaking News from USDA

Sugar Prices Push Higher on Strength in Crude Oil and Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.34 (+1.38%), and Oct London white sugar #5 (SWV23 ) closed +12.70 (+1.84%). Sugar prices Friday rallied to 1-month highs and closed moderately higher. Strength in the Brazilian real is bullish for sugar prices after the real on Friday climbed...

Barchart

USDA, states fight grocery price hikes

The department announced Wednesday that it will work with bipartisan attorney generals in 31 states and D.C.

Salon

Why is healthy food so expensive in America? Blame the Farm Bill that Congress always renews to make burgers cheaper than salad

'Farm Bill programs should be revised to incentivize fruits, vegetables, and other healthy foods and to make them more accessible and affordable.'

Fortune

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Thursday Fade from Cattle Futures

Live cattle retreated lower on Thursday with contracts closing 35 cents to $1.05 in the red. August fats were still at a net 15 cent for the week’s net move into Friday. USDA reported solid cash trade volume mostly $3 to $4 higher for Thursday, from $188 in the WCB...

Barchart

Sugar Prices Underpinned by Global Supply Concerns

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.46 (+1.90%), and Oct London white sugar #5 (SWV23 ) closed +13.10 (+1.94%). Sugar prices Thursday closed moderately higher, with NY sugar posting a 3-1/2 week high. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar...

Barchart

Got milk? This Kansas senator says schools aren’t offering the right kind

WASHINGTON -- A glass sat in front of Sen. Roger Marshall in a Senate hearing on food policy this February. On the outside, an etching of the Kansas State University mascot. On the inside, whole milk.

Tribune News Service

District Court Strikes Down Race Preference in USDA's and SBA's Contracting Schemes

From Judge Clifton Corker's opinion today in Ultima Servs. Corp. v. U.S. Dep't of Agric. (E.D. Tenn.) [UPDATE: link fixed]: This case concerns whether, under the Fifth Amendment's guarantee of equal protection, Defendants the United States' Department of Agriculture ("USDA") and the Small Business Administration ("SBA") may use a "rebuttable…

Reason

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Sugar Climbs on Concerns About Global Sugar Production

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.35 (+1.47%), and Oct London white sugar #5 (SWV23 ) closed +9.70 (+1.46%). Sugar prices Wednesday posted moderate gains. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar producer, which may curb the country's sugar production....

Barchart

USDA, states join forces to fight grocery ‘price gouging’

The Agriculture Department will work with attorneys general in 31 states and the District of Columbia to address anticompetitive markets in agriculture and related industries that result in higher prices and fewer choices for consumers and producers, the Biden administration said Wednesday.

Tribune News Service

USDA, states join forces to fight grocery ‘price gouging’ - Roll Call

A federal alliance with state attorneys general would target anticompetitive markets and industries that drive up food prices.

Roll Call

Climate and violence hobble Nigeria's push to rely on its own wheat after the hit from Russia's war

Nigeria is trying to make Africa’s largest economy reliant on its own wheat production

The Independent UK

Barchart Raises Corn Yield Estimates, Cuts Soybean Yield Estimates

Today Barchart released it’s July 2023 Crop Production and Yield Forecasts for US corn and soybeans. The latest report indicates a increase in US corn production with end-of-season corn production at 14,993 million bushels with a yield of 177.97 bu/ac. This compares to the previous estimate of 14,973 million bushels...

Barchart

Sugar Settles Mixed as Crude Prices Jump

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.06 (+0.25%), and Oct London white sugar #5 (SWV23 ) closed -3.30 (-0.49%). Sugar prices Tuesday settled mixed. A +2% rally in WTI crude oil (CLQ23 ) Tuesday supported sugar prices. Higher crude prices benefit ethanol prices and may prompt...

Barchart

How to grill salmon

It's a little daunting, but smoky salmon cooked on a grill is one of the best meals you can make at home

Homes & Gardens

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Barchart

Barchart Cuts Corn Yield Estimates, Raises Soybean Yield Estimates

Today Barchart released it’s July 2023 Crop Production and Yield Forecasts for US corn and soybeans. The latest report indicates a decrease in US corn production with end-of-season corn production at 14,993 million bushels with a yield of 177.97 bu/ac. This compares to the previous estimate of 14,973 million bushels...

Tribune News Service

Got milk in school? Farmers fight health advocates over the creamy ‘whole’ variety

Amanda Condo works at her family’s Pennsylvania dairy farm, but her son often won’t drink milk at school. He doesn’t like the flavor.

Barchart

Sugar Prices Fall Back on Crude Oil Weakness and Brazil Harvest Pressures

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.52 (-2.14%), and Oct London white sugar #5 (SWV23 ) closed -16.30 (-2.38%). Sugar prices Monday closed lower after WTI crude oil fell more than -1% on Monday. Weaker crude prices undercut ethanol prices and may prompt global sugar mills...

Barchart

What are the Markets Telling Us about Russia Exiting the Ukraine Grain Deal?

There was a great deal of noise made about Russia and the Black Sea grain deal overnight through Monday morning. All that matters though is what the market has to say about it.

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Barchart

Was the July WASDE Report a Gift From the USDA?

On Wednesday, July 12, 2023, the U.S. Department of Agriculture released its July World Agricultural Supply and Demand Estimates Report. The monthly WASDE report is the gold standard for agricultural commodity supply and demand fundamentals. However, the report reflects a snapshot of data, and the weather and other factors will…

Barchart

Sunday Scaries: What I'm Watching This Week In The Grain Markets

With the July supply and demand report out of the way and the supply outlook starting to stabilize, let's take a look at why outside market psychology matters and what I'm watching when it comes to gauging future demand.

Barchart

Three Market Discussions to Have Over the Weekend

There was a lot going on in markets this week with the three keys, in my opinion, being US stock index rallies, the "bizarre" cattle markets, and US soybeans export expectations.

Barchart

Sugar Closes Higher on Signs of Strong Demand

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.31 (+1.29%), and Aug London white sugar #5 (SWQ23 ) closed +7.10 (+1.02%). Sugar prices Friday extended his week's rally, with NY sugar posting a 2-1/2 week high and London sugar posting a 3-week high. Signs of strong demand pushed...

Barchart

Sugar Posts Moderate Gains on Dollar Weakness and Strong Crude Prices

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.10 (+0.42%), and Aug London white sugar #5 (SWQ23 ) closed +6.50 (+0.95%). Sugar prices Thursday extended his week's rally, with NY sugar posting a 2-1/2 week high and London sugar posting a 3-week high. A slump in the dollar...

Barchart

Sugar Closes Higher as Weak Dollar Boosts Commodity Prices

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.38 (+1.61%), and Aug London white sugar #5 (SWQ23 ) closed +8.40 (+1.24%). Sugar prices Wednesday rallied moderately, with NY sugar posting a 2-week high and London sugar posting a 3-week high. A selloff in the dollar index (DXY00 )...

Barchart

What is the Key Takeaway from USDA's July Supply and Demand Guesses?

We already knew most of what was going to be in the July round of USDA supply and demand guesses. What we didn't know was how gloomy the outlook was for the ongoing trade war.

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