The Latest Breaking News from Deficit

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.04 (+0.16%), and Oct London white sugar #5 (SWV23 ) closed +0.20 (+0.03%). Sugar prices Thursday recovered from 1-week lows and closed slightly higher. Short covering emerged in sugar futures Thursday after Tropical Research Services said the global sugar market...

Sep arabica coffee (KCU23 ) this morning is down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) is up +31 (+1.17%). Coffee prices this morning are mixed. Arabica is under pressure as dry conditions in Brazil have accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday...

SPSR Nellore district experienced light-moderate rain due to active southwest monsoon. Roads were flooded, causing protests from TDP activists. Despite June's 63% rainfall deficit, July's 76.4 mm rainfall compensated. Weathermen predict more rain in the next 48 hrs. Dagadarthi recorded 24.4 mm, Sydapuram 22.4 mm, T.P. Gudur 16.8 mm, Indukurpet…

Sep arabica coffee (KCU23 ) on Tuesday closed down -1.15 (-0.71%), and Sep ICE robusta coffee (RMU23 ) closed down -21 (-0.79%). Coffee prices Tuesday settled moderately lower. Drier conditions in Brazil that speed up the country's coffee harvest are bearish for prices. Somar Meteorologia reported Monday that Brazil's Minas...

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Sep arabica coffee (KCU23 ) on Monday closed up +1.15 (+0.71%), and Sep ICE robusta coffee (RMU23 ) closed up +47 (+1.81%). Coffee prices Monday rallied to 3-1/2 week highs and closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real Monday jumped to...

Sep arabica coffee (KCU23 ) this morning is up +2.20 (+1.36%), and Sep ICE robusta coffee (RMU23 ) is up +50 (+1.92%). Coffee prices this morning rallied to 3-1/2 week highs and are moderately higher. Strength in the Brazilian real (^USDBRL ) is boosting coffee prices as the real today...

Minister Jarkiholi directs officials to set up goshalas in drought-affected areas, build new Deputy Commissioner's office, provide two-wheelers to physically challenged people, focus on getting own buildings for Anganwadi centres, and take up awareness programmes on Gruha Lakshmi scheme. Officials report 11% rainfall deficit for June and July, no threat…

Monsoon revival in Cauvery basin brings hope of increased storage in major reservoirs, but current levels remain low. Harangi nearing full capacity of 8.50 tmc ft, KRS 17.05 tmc ft (34%), Hemavathi 19.75 tmc ft (53%), Kabini 2,275.49 ft (FRL 2,284 ft). Cumulative storage of four major dams in basin…