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The Latest Breaking News from USDA

Coffee Prices Jump on Excessive Dryness in Brazil

December arabica coffee (KCZ24 ) Monday closed up +10.00 (+3.97%), and November ICE robusta coffee (RMX24 ) closed up +141 (+2.92%). Coffee prices on Monday rallied sharply, with arabica coffee posting a 1-1/2 week high and robusta posting a 1-week high. Excessive dryness in Brazil may curb coffee yields, and...

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Sugar Prices Push Higher After Wilmar Cuts its Brazil Sugar Production Estimate

March NY world sugar #11 (SBH25 ) today is up +0.13 (+0.58%), and December London ICE white sugar #5 (SWZ24 ) is up +4.80 (+0.84%). Sugar prices today are moderately higher and found support after food processor Wilmar International cut its 2024/25 Brazil Center-South sugar production estimate to 38.2 MMT-39.5...

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Below-Normal Rain in Brazil Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +7.50 (+2.98%), and November ICE robusta coffee (RMX24 ) is up +82 (+1.70%). Coffee prices today are climbing, with arabica coffee posting a 1-1/2 week high. Excessive dryness in Brazil may curb coffee yields and is supportive for prices. Rainfall in Brazil...

Barchart

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Oregon Company Recalls 10 Million Pounds Of Meat, Poultry Products In Listeria Outbreak

The deadly bacteria was discovered this week at the company's Oklahoma plant

International Business Times

Home Kitchens Are Under Attack by Regulators

Americans are turning to home-cooked meals, but state regulators are making it harder for small food businesses to survive.

Reason

Sugar Prices Settle Higher on Reduced Sugar Output in Brazil

March NY world sugar #11 (SBH25 ) Friday closed up +0.08 (+0.36%), and December London ICE white sugar #5 (SWZ24 ) closed up +2.10 (+0.37%). Sugar prices edged higher on Friday due to smaller sugar production in Brazil. Unica reported Friday that sugar output in Brazil's Center-South region during the...

Barchart

Coffee Prices Post Moderate Losses on Brazilian Real Weakness

December arabica coffee (KCZ24 ) Friday closed down -2.70 (-1.06%), and November ICE robusta coffee (RMX24 ) closed down -88 (-1.79%). Coffee prices Friday settled moderately lower on weakness in the Brazilian real (^USDBRL ). The real fell to a 1-month low Friday, encouraging export selling from Brazil's coffee producers....

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Sugar Prices Climb on Reduced Sugar Output in Brazil

March NY world sugar #11 (SBH25 ) today is up +0.20 (+0.90%), and December London ICE white sugar #5 (SWZ24 ) is up +6.40 (+1.13%). Sugar prices today are moving higher on smaller sugar production in Brazil. Unica reported today that sugar output in Brazil's Center-South region during the second...

Barchart

Coffee Prices Edge Lower on Weakness in the Brazilian Real

December arabica coffee (KCZ24 ) today is down -0.90 (-0.35%), and November ICE robusta coffee (RMX24 ) is down -39 (-0.79%). Coffee prices today are slightly lower on weakness in the Brazilian real (^USDBRL ). The real fell to a 1-month low today, encouraging export selling from Brazil's coffee producers....

Barchart

Sugar Posts Moderate Gains as Crude Oil Rallies

March NY world sugar #11 (SBH25 ) Thursday closed up +0.12 (+0.54%), and December London ICE white sugar #5 (SWZ24 ) closed up +2.80 (+0.50%). Sugar prices posted moderate gains on Thursday, supported by strength in crude oil. WTI crude (CLX24 ) rose more than +3% Thursday, which benefits ethanol...

Barchart

Sugar Supported by Higher Crude Oil Prices

March NY world sugar #11 (SBH25 ) today is up +0.10 (+0.45%), and December London ICE white sugar #5 (SWZ24 ) is up +2.30 (+0.41%). Sugar prices today are moderately higher, supported by strength in crude oil. WTI crude (CLX24 ) is up more than +3% today, which benefits ethanol...

Barchart

Tighter Global Coffee Inventories Supports Prices

December arabica coffee (KCZ24 ) today is up +4.20 (+1.68%), and November ICE robusta coffee (RMX24 ) is up +43 (+0.88%). Coffee prices today are climbing on concerns about tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta...

Barchart

Almost 10 million pounds of meat recalled as listeria fears mount

The ready-to-eat poultry and meat products are being recalled by BrucePac, an establishment from Durant, Oklahoma

The Independent UK

Sugar Prices Tumble on Brazil Rain and Brazil Real Weakness

March NY world sugar #11 (SBH25 ) Wednesday closed down -0.45 (-2.00%), and December London ICE white sugar #5 (SWZ24 ) closed down -11.20 (-1.95%). Sugar prices on Wednesday dropped to 2-1/2 week lows as forecasted rains in Brazil alleviated drought concerns. Forecaster Maxar Technologies said showers will continue this...

Barchart

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Coffee Prices Post Moderate Gains on Tight Supplies

December arabica coffee (KCZ24 ) Wednesday closed up +1.85 (+0.75%), and November ICE robusta coffee (RMX24 ) closed up +9 (+0.19%). Coffee prices posted moderate gains on Wednesday, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a...

Barchart

Sugar Prices Fall as Rain in Brazil Alleviates Drought Concerns

March NY world sugar #11 (SBH25 ) today is down -0.32 (-1.42%), and December London ICE white sugar #5 (SWZ24 ) is down -8.00 (-1.39%). Sugar prices today dropped to 2-1/2 week lows as forecasted rains for Brazil alleviated drought concerns. Forecaster Maxar Technologies said showers are expected to continue...

Barchart

Tight ICE Inventories Support Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.35 (+0.95%), and November ICE robusta coffee (RMX24 ) is up +44 (+0.91%). Coffee prices today are moderately higher, with robusta recovering from a 1-month low. Tightness in coffee inventories is supportive of prices. ICE-monitored arabica coffee inventories fell to a 4-month...

Barchart

NY Sugar Undercut by Weakness in Crude Oil and the Brazilian Real

March NY world sugar #11 (SBH25 ) Tuesday closed down -0.06 (-0.27%), and December London ICE white sugar #5 (SWZ24 ) closed up +4.90 (+0.86%). Sugar prices Tuesday settled mixed, with NY sugar posting a 1-week low. Sugar prices were undercut by Tuesday's sharp drop of more than -4% in...

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Barchart

Coffee Prices Settle Mixed on Short Covering

December arabica coffee (KCZ24 ) Tuesday closed up +3.55 (+1.45%), and November ICE robusta coffee (RMX24 ) closed down -12 (-0.25%). Coffee prices Tuesday settled mixed, with robusta falling to a 1-month low. Arabica coffee moved higher Tuesday on some short covering following Monday's plunge when NY arabica coffee fell...

Barchart

Rain Forecasts for Brazil Pressure Sugar Prices

March NY world sugar #11 (SBH25 ) today is down -0.04 (-0.18%), and December London ICE white sugar #5 (SWZ24 ) is up +7.00 (+1.23%). Sugar prices today are mixed, with NY sugar falling to a 1-week low. Forecasts for rain in Brazil are weighing on sugar prices. Forecaster Maxar...

Barchart

Mild Short Covering Lifts Coffee Prices after Monday's Plunge

December arabica coffee (KCZ24 ) today is up +2.35 (+0.96%), and November ICE robusta coffee (RMX24 ) is up +1 (+0.02%). Coffee prices today are moderately higher on some mild short covering following Monday's plunge when NY arabica coffee fell by -4.93% and ICE robusta coffee fell by -3.93%. Gains...

Barchart

Sugar Prices Retreat on Rain Forecasts for Brazil

March NY world sugar #11 (SBH25 ) Monday closed down -0.46 (-2.00%), and December London ICE white sugar #5 (SWZ24 ) closed down -6.70 (-1.16%). Sugar prices retreated Monday as rain forecasts for Brazil sparked long liquidation in sugar futures. Forecaster Maxar Technologies said Monday that substantial showers are expected...

Barchart

Coffee Prices Finish Sharply Lower on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) Monday closed down -12.70 (-4.93%), and November ICE robusta coffee (RMX24 ) closed down -199 (-3.93%). Coffee prices Monday plunged to 2-1/2 week lows. Forecasts for rain in Brazil eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said Monday that...

Barchart

Coffee Prices Plunge on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) today is down -13.50 (-5.25%), and November ICE robusta coffee (RMX24 ) is down -197 (-3.89%). Coffee prices today plunged to 2-1/2 week lows. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said today...

Reason

New USDA Organic Rules Put Wine Importers in a Bind

Government incompetence strikes again, turning the wine industry upside down with red tape and confusion.

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