The Latest Breaking News from USDA

Nearby CBOT soft red winter wheat futures rose to a record high of $14.2525 in March 2022. At the most recent November 2023 low, the price was almost one-third the level at the 2022 all-time high. Wheat futures under $6 per bushel was inexpensive as Russia is the world’s leading…

March arabica coffee (KCH24 ) this morning is down -0.20 (-0.11%), and Jan ICE robusta coffee (RMF24 ) is down -15 (-0.58%). Coffee prices this morning are posting modest losses. An increase in world coffee supplies is bearish for prices after the International Coffee Organization (ICO) reported today that global...

March arabica coffee (KCH24 ) on Wednesday closed down -8.50 (-4.63%), and Jan ICE robusta coffee (RMF24 ) closed down -21 (-0.81%). Coffee prices Wednesday retreated, with arabica coffee falling sharply as concerns about global coffee supplies recede. On Tuesday, the International Coffee Organization (ICO) projected 2023/24 global coffee production...

March NY world sugar #11 (SBH24 ) on Tuesday closed -0.85 (-3.29%), and March London ICE white sugar #5 (SWH24 ) closed -18.00 (-2.54%) Sugar prices Tuesday fell sharply but remained above Monday's significant lows. On Monday, NY sugar posted a 3-1/4 month low, and London sugar posted a 2-month...

March arabica coffee (KCH24 ) this morning is up +3.80 (+2.12%), and Jan ICE robusta coffee (RMF24 ) is up +45 (+1.77%). Coffee prices this morning are moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices today. Somar Meteorologia reported Monday that...

Every year, Americans buy somewhere between 35 million and 50 million Christmas trees, and many more pull an artificial tree out of storage for the season. In all, about three-quarters of U.S. households typically have some kind of Christmas tree, surveys show.

March NY world sugar #11 (SBH24 ) on Monday closed +0.72 (+2.87%), and March London ICE white sugar #5 (SWH24 ) closed +12.70 (+1.82%) Sugar prices on Monday recovered from early losses and closed sharply higher on short-covering after recent losses. On Monday, NY sugar initially fell to a 3-1/4...

March arabica coffee (KCH24 ) on Monday closed down -4.95 (-2.69%), and Jan ICE robusta coffee (RMF24 ) closed down -26 (-1.01%). Coffee prices Monday settled sharply lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5% y/y...

March arabica coffee (KCH24 ) this morning is down -5.40 (-2.93%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.13%). Coffee prices this morning are moderately lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5%...