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WHEAT FUTURES PLUNGE TO NEW 10-YEAR LOWS

NEGOTIATOR’S TAKE:  Wheat prices at 10-year lows are exerting downward pricing pressure on bakery products and animal feed.   Wheat futures plunged to fresh ten-year lows, on heavy world supplies and the stronger dollar. “We continue to see a large

CORN PRICES TUMBLE AS SUPPLY OUTLOOK IMPROVES

  NEGOTIATOR’S TAKE: Falling Corn prices will exert downward pressure on most of the food chain.   06.21.16 – Supply outlook improves in the U.S. and Brazil Corn futures in Chicago fell by the most in three years and prices

Food prices on the rise in the US

After the FAO Food Price Index of 55 food items rose 2.6 percent last month, food prices in the US rose 0.4% in February, the most since September 2011, the Bureau of Labor Statistics said Tuesday. Beef and veal shoppers

Disease Threatens Florida’s Citrus Industry

Florida’s citrus industry is grappling with the most serious threat in its history: a bacterial disease with no cure that has infected all 32 of the state’s citrus-growing counties. Although the disease, citrus greening, was first spotted in Florida in

Weekly Orange Juice: Watch For A Price Bump

I expect to see orange juice prices pick up as we may be under way with futures appreciating 7% this week. As one can see, prices are bouncing off oversold levels and while past performance is not indicative of future

Sugar to Pile Up as Demand Stays Weak

Futures dropped to a two-year low in New York last week after drier weather in Brazil, the world’s biggest producer of the sweetener, accelerated harvesting, while improvement in rains last month in India, the second- largest grower, improved crop prospects.

Commodities: El Niño might be under way
World food price crisis: 6% increase in July

According to FAO, global food prices have bounced back by 6% in July after several months of decline. This increase is mainly due to soaring prices for cereals and sugar: over 17% for cereals and 12% for sugar. The FAO food price

Food price worry as US corn, soybeans in worst state since 1988

U.S. corn and soybean crops, the world’s largest, are in the worst condition since the last major drought in America’s breadbasket in 1988, the government said on Monday, pushing up grain prices and raising the prospect of global food-price inflation.

Corn Prices Soar as Midwest Bakes

Corn prices soared toward new highs on Monday amid growing fears that the drought scorching the U.S. Midwest will prove to be the harshest in decades. The hot, dry weather could cut the U.S. harvest this autumn by more than