The Latest Breaking News from USDA

Sugar Prices Rebound as ISO Projects a Global Sugar Deficit

March NY world sugar #11 (SBH24 ) on Monday closed +0.63 (+2.35%), and Dec London white sugar #5 (SWZ23 ) closed +16.30 (+2.24%). Sugar prices on Monday recovered from 1-week lows and rallied moderately after the International Sugar Organization (ISO) forecasted that 2023/24 global sugar production (Oct-Sep) will fall -1.2%...

Barchart · Oct 23, 2023

Cattle Drop Ahead of NASS Cattle on Feed Data

Feeder cattle were down by another triple digits of 0.7% to 1% on Friday. That left November futures at a net $9 loss for the week and more than 38% back down from LoC low to LoC high. Live cattle also closed red on the week’s last trade day, finishing...

Barchart · Oct 20, 2023

Sugar Prices Drop on Possible Sugar Exports from India

March NY world sugar #11 (SBH24 ) on Friday closed -0.44 (-1.61%), and Dec London white sugar #5 (SWZ23 ) closed -11.30 (-1.53%). Sugar prices on Friday extended Thursday's losses on negative carryover from Thursday when India's Food Secretary said his country is not likely to face any shortage of...

Barchart · Oct 20, 2023

Sugar Closes Higher as Brazilian Real Strength Sparks Short Covering

March NY world sugar #11 (SBH24 ) on Tuesday closed +0.44 (+1.63%), and Dec London white sugar #5 (SWZ23 ) closed +13.90 (+1.92%). Sugar prices on Tuesday rallied to 4-week highs and settled moderately higher. Strength in the Brazilian real (^USDBRL ) sparked short covering in sugar futures after the...

Barchart · Oct 17, 2023

Barchart Predicts Corn and Soybean Yield Above The USDA’s Latest Forecast

Today Barchart released its October 2023 Crop Production and Yield Forecasts for US corn and soybeans. The latest report sees end-of-season yield at 177.3 (bu/ac) for Corn, which is 4.4 (bu/ac) above the USDA’s latest forecast. Weather conditions have been a significant factor in this year's corn production. According to...

Barchart · Oct 17, 2023

Sugar Prices Continue to be Undercut by Increased Sugar Output in Brazil

March NY world sugar #11 (SBH24 ) on Monday closed +0.02 (+0.07%), and Dec London white sugar #5 (SWZ23 ) closed -2.30 (-0.32%). Sugar prices on Monday settled little changed. A weaker dollar on Monday was supportive for most commodities, including sugar. However, sugar prices continue to be undercut by...

Barchart · Oct 16, 2023

John Oliver: ‘The immense suffering in Israel and Gaza has been sickening to watch’

The Last Week Tonight host touched on the violence in Israel and Gaza before a main segment on vulnerabilities in the US food safety system.

The Guardian - US · Oct 16, 2023

From Field to Silo: Trading the Journey of Corn During the Harvest Season

Corn prices traditionally follow specific patterns during and after the harvest season, although various factors can influence them. We will discuss general trends, considerations, and a 93% historical pattern, allowing traders the opportunity for possible capital gains from corn prices after the harvest.

Barchart · Oct 15, 2023

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

With so many things happening in the world today, it is hard to keep up. Talking about the geopolitical and economic developments influencing grain and oilseed price direction.

Barchart · Oct 15, 2023

Sugar Prices Jump as Crude Prices Surge

March NY world sugar #11 (SBH24 ) on Friday closed +0.68 (+2.58%), and Dec London white sugar #5 (SWZ23 ) closed +16.10 (+2.26%). Sugar prices Friday posted moderate gains, with London sugar climbing to a 2-1/2 week high. Friday's +5% surge in crude (CLX23 ) prices to a 1-week high...

Barchart · Oct 13, 2023