The Latest Breaking News from USDA

Forecasts for Frequent Rain in Brazil Spurs Short Covering in Sugar

March NY world sugar #11 (SBH24 ) on Wednesday closed +0.26 (+1.01%), and Dec London white sugar #5 (SWZ23 ) closed +2.10 (+0.30%). Sugar prices Wednesday recovered from 5-week lows and closed moderately higher. Short covering emerged in sugar futures Wednesday after Rural Clima Meteorlogia said Brazil's top sugar cane...

Barchart · Oct 4, 2023

Cattle Closed Lower on Tuesday, Beef Under Pressure

Cattle ended Tuesday’s session with triple digit losses, worse in the feeders. Front month feeder cattle futures were down by >ver $5 for 2% losses on the day. That left the October contract $14 off the LoC high. Fat cattle were also 1.4% in the red at the close on...

Barchart · Oct 4, 2023

Weakness in the Brazilian Real Undercuts Sugar Prices

March NY world sugar #11 (SBH24 ) on Tuesday closed -0.68 (-2.58%), and Dec London white sugar #5 (SWZ23 ) closed -12.60 (-1.80%). Sugar prices Tuesday tumbled to 5-week lows. Weakness in the Brazilian real (^USDBRL ) undercut sugar prices after the real on Tuesday dropped to a 6-month low...

Barchart · Oct 3, 2023

Is a Long-Term Bottom Forming in the Corn Market?

Is the corn market forming a long-term bottom? We should know by the end of September.

Barchart · Sep 28, 2023

NY Sugar Prices Rebound as Crude Prices Soar

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.11 (+0.42%), and Dec London white sugar #5 (SWZ23 ) closed -1.40 (-0.20%). Sugar prices Wednesday extended this week's losses to 2-1/2 week lows on ramped-up sugar production in Brazil. However, sugar prices recovered from their worst levels, with NY...

Barchart · Sep 27, 2023

Sugar Prices Post Moderate Losses as Brazil Ramps Up Sugar Output

Oct NY world sugar #11 (SBV23 ) on Tuesday closed -0.29 (-1.10%), and Dec London white sugar #5 (SWZ23 ) closed -7.40 (-1.03%). Sugar prices Tuesday extended Monday's losses to 2-week lows on ramped-up sugar production in Brazil. Unica reported that Brazil Center-South sugar output in the first half of...

Barchart · Sep 26, 2023

Will the Government Shutdown Result in 'Hunger for Millions' as Reuters Claims?

When you use incorrect stats to bolster your claims, as Reuters did, all kinds of foolish conclusions follow.

Reason · Sep 26, 2023

Millions of Americans will lose food assistance if the government shuts down

A shutdown would affect the nearly 7 million women and children who rely on WIC for healthy food. Free school lunch and Meals on Wheels are also at risk, and SNAP could be impacted eventually too.

WEKU · Sep 26, 2023

White House warns nutrition assistance for 7m mothers and children would stop if GOP causes shutdown

White House is warning of the human cost of a potential government shutdown to draw attention to what they describe as the direct consequences of Republican rule

The Independent UK · Sep 25, 2023

Sugar Prices Fall on Expectations for a Huge Delivery Against the October Futures Contract

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.66 (-2.45%), and Dec London white sugar #5 (SWZ23 ) closed -12.70 (-1.74%). Sugar prices on Monday tumbled to 1-1/2 week lows on expectations for a huge delivery of sugar supplies against the October sugar futures contract, a sign of...

Barchart · Sep 25, 2023