The Latest Breaking News from USDA

September arabica coffee (KCU25 ) today is up +12.40 (+3.80%), and September ICE robusta coffee (RMU25 ) is up +62 (+1.52%). Coffee prices today extended this week's sharp rally, boosted by short-covering and technical buying with the upside breakouts to new 2-month highs. Bullish fundamental factors include the frost event...

Yes, I know USDA's August guess for US corn production was a "whopper" (take that as you will), but is the various components of the corn market itself telling us a different story?

Cotton futures closed the Thursday session with contracts down 5 to 10 points in the nearbys, as October was down 24 points on thin trade. The US dollar index was back down $0.383 to $98.045, as crude oil futures were down another $1.31. USDA’s Export Sales report showed a total...

When a food company recalls a product, it is often because of a serious and potentially life-threatening mistake: the presence of an undisclosed ingredient. This usually happens when a major allergen, like nuts or dairy, is accidentally introduced into a product that is not supposed to contain it. For people…

Senior Market Analyst Darin Newsom of Barchart suggests that the recent rally in grain futures was not fundamentally based but rather driven by speculative and automated buying, and he believes that there is a better chance of a future rate hike than a rate cut.

The “USDA Organic” seal is one of the most trusted labels in the grocery store. Consumers rely on it as a guarantee that their food was produced without synthetic pesticides, GMOs, or antibiotics. However, a series of recent scandals and systemic problems have put this trusted certification under fire. Critics,…

Live cattle futures are showing losses of $3 to $4 across the front months on Thursday. Cash trade has been light this week, with light dressed trade at $385 in the North, up $4 wk/wk. Southern trade was up $2 to $237. The Thursday morning Fed Cattel Exchange online auction...

Lean hog futures are posting losses of $1.50 to $2.15, as expiring August is up a tick. USDA’s national base hog price was up 48 cents in the Thursday AM report, at $110.58. The CME Lean Hog Index was down 6 cents at $109.78 on August 12. Pork export sales...

Cotton futures are trading with contracts 10 to 18 point gains across the front months, with October slipping 14 point on thin trade. The US dollar index was back down $0.478 to $98.140, as crude oil futures were down another $1.15. USDA’s Export Sales report showed a total of 241,982...