Agriculture

Cocoa prices surged Wednesday, staging a dramatic intraday recovery from five-month lows, while sugar extended losses as markets weighed Trump’s partial tariff pause against persistent supply concerns. Key Market Moves (May 15):🍫 Cocoa (NY CCc1): +7.7% to 8,317/ton after hitting 7,613 (lowest since Dec 2024). ☕ Coffee: Robusta flat at $4,797/ton; arabica dipped 0.3% but […]

Chicago soybean futures rallied Tuesday, recovering from a four-month low as traders looked past trade war jitters to focus on upcoming USDA reports and adverse Midwest weather. Corn and wheat also edged higher, supported by a weaker dollar and tightening supply concerns. Market Highlights (April 9 Close):Soybeans (Sv1): +9¾¢ to $9.92¾/bushel, rebounding after Monday’s December-low. […]

Russia’s Stavropol region—the country’s third-largest wheat producer—was battered by a severe hailstorm Tuesday, damaging crops and intensifying concerns over 2025’s harvest in the world’s top wheat exporter. The storm follows a wave of freak April snowstorms and sub-zero frosts across key farming zones, raising fears of reduced yields and potential export curbs. Key Developments:❄️ Extreme […]

Chicago grain markets staged a late-session recovery Monday, with soybeans and corn shaking off early tariff-driven losses as weather threats and trade war uncertainty fueled whipsaw price action. Wheat gained on drying U.S. Plains forecasts. Closing Levels:🌱 Soybeans (Sv1): Up 6¢ to $9.83/bushel, rebounding from December lows. 🌽 Corn (Cv1): Rose 4.25¢ to $4.64½/bushel on […]

The global coffee, cocoa, and sugar markets plunged to multi-month lows Monday as President Trump’s escalating tariffs sparked recession fears, with Vietnam’s robusta coffee hit hardest by a 46% U.S. levy—triggering the worst selloff in months. Market Freefall:☕ Coffee Carnage: Robusta (LRCc2) crashed 6.4% to $4,800/ton (lowest since Dec 2024). Arabica (KCc1) dropped 5.7% to […]

Brazil’s booming soybean exports are facing major shipping delays as Indigenous protests and poor road conditions disrupt shipments from the strategic Amazon port of Miritituba, a critical hub for global traders like Cargill and Bunge. The Munduruku Indigenous group has blockaded sections of the Transamazonian Highway near Miritituba for two weeks, cutting off an estimated […]

China’s retaliatory tariffs on US farm goods are set to accelerate its reliance on Brazilian soybeans, dealing another blow to American farmers already reeling from years of trade tensions. Beijing’s 34% additional duty on all US goods, announced Friday, follows earlier 10-15% tariffs on $21 billion worth of US agricultural products—effectively freezing American soybean exports […]

Soybeans Slide: Chicago soybean futures (Sv1) fell 0.2% to $10.09¾/bushel, on track for their biggest weekly loss (1.3%) since late February as traders brace for potential Chinese retaliation against U.S. tariffs. Corn & Wheat Edge Up: Corn (Cv1) rose 0.2% while wheat (Wv1) gained 0.1%, supported by short-covering and relief that Mexico—the top buyer of […]

Tariff Uncertainty: The U.S. may impose new 10-26% tariffs on imported eggs from Turkey, Brazil, and South Korea—key suppliers brought in to ease a domestic shortage caused by bird flu. Price Risks: Processed egg products (used in food manufacturing) could see further price hikes if importers pass on tariff costs, warns the USA Poultry & […]

A U.S. coalition of oil and biofuel groups met with the Environmental Protection Agency (EPA) on Tuesday to advocate for increased biomass diesel blending mandates under the Renewable Fuel Standard (RFS), amid growing internal disagreements over the economic and political fallout of higher quotas. The EPA is expected to propose updated RFS targets for 2025–2026 […]