The Latest Breaking News from USDA

Coffee Prices Fall Back on Forecasts for Rain in Brazil Next Week

September arabica coffee (KCU24 ) today is down -7.10 (-3.01%), and July ICE robusta coffee (RMN24 ) is down -73 (-1.64%). Coffee prices today are moderately lower after updated weather forecasts called for rain next week in Brazil's coffee-growing regions, easing drought concerns and fueling long liquidation in coffee futures....

Barchart · Jun 25, 2024

Sugar Posts Moderate Gains as India Maintains Sugar Export Restrictions

July NY world sugar #11 (SBN24 ) on Monday closed up +0.44 (+2.32%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +11.90 (+2.13%). Sugar prices Monday posted moderate gains, with NY sugar climbing to a 1-week high and London sugar rising to a 6-week high. Sugar rallied...

Barchart · Jun 24, 2024

Sugar Climbs on the Outlook for India to Maintain Sugar Export Restrictions

July NY world sugar #11 (SBN24 ) today is up +0.41 (+2.16%), and Aug London ICE white sugar #5 (SWQ24 ) is up +10.30 (+1.85%). Sugar prices today are moderately higher, with NY sugar posting a 1-week high and London sugar posting a 6-week high. Sugar rallied today on the...

Barchart · Jun 24, 2024

Coffee Prices Fall as USDA Projects Increases in Coffee Output and Ending Stocks

September arabica coffee (KCU24 ) on Friday closed down -5.35 (-2.32%), and July ICE robusta coffee (RMN24 ) closed down -75 (-1.71%). Coffee prices on Friday settled moderately lower. Thursday's bi-annual report from the USDA was bearish for coffee prices as the USDA projected an increase in 2024/25 global coffee...

Barchart · Jun 21, 2024

Compare current mortgage rates

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

Fortune · Jun 21, 2024

Sugar Prices Supported by Strength in Crude and Limited Monsoon Rains in India

July NY world sugar #11 (SBN24 ) today is up +0.01 (+0.05%), and Aug London ICE white sugar #5 (SWQ24 ) is up +3.70 (+0.67%). Sugar prices today are slightly higher due to the strength of crude prices. Crude oil (CLQ24 ) today rallied to a 7-week high, which benefits...

Barchart · Jun 21, 2024

Coffee Prices Fall Back as Brazil's Coffee Harvest Accelerates

September arabica coffee (KCU24 ) today is down -4.60 (-2.00%), and July ICE robusta coffee (RMN24 ) is down -73 (-1.67%). Coffee prices today are moderately lower as the pace of the Brazilian coffee harvest picks up. Safras & Mercado reported today that Brazil's 2024/25 coffee harvest was 44% completed...

Barchart · Jun 21, 2024

Sugar Prices Slightly Lower on Robust Brazil Sugar Production

July NY world sugar #11 (SBN24 ) on Thursday closed down -0.03 (-0.16%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -0.80 (-0.14%). Sugar prices Thursday posted modest losses. This past week, sugar prices have been under pressure by news of increased sugar output in Brazil. Unica...

Barchart · Jun 20, 2024

Coffee Prices Settle Higher on Dry Weather in Brazil and Vietnam

July arabica coffee (KCN24 ) Thursday closed up +3.95 (+1.75%), and July ICE robusta coffee (RMN24 ) closed up +169 (+4.02%). Coffee prices on Thursday rallied sharply to 2-week highs. Coffee prices saw support from hot, dry weather in Brazil and Vietnam, which has bolstered concerns about global coffee production....

Barchart · Jun 20, 2024

In South Texas, one woman is leading an agricultural renaissance

Texas is losing an estimated 1,000 acres of farm land a day, mostly to other industries. The Rio Grande Valley is losing land at a faster clip.

The Texas Tribune · Jun 20, 2024