ICE November 2023 FCOJ with 20-, 50- and 100-day moving averages. (Barchart)

Orange juice prices near all-time high as storm hits Florida

Crop was already expected to be small

New York | Reuters — Orange juice prices at the Intercontinental Exchange (ICE) rose more than three per cent on Wednesday, heading back toward an all-time high hit earlier this month, as storm Idalia slammed parts of main U.S. orange producer Florida. Contracts for frozen concentrated orange juice (FCOJ) at ICE hit a high of […] Read more





(Dave Bedard photo)

Mosaic to cut fertilizer production as weather dampens demand

Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural companies’ profits have been hammered this year due to an unusually cold and wet weather that has delayed planting season in North America, and lower […] Read more

Cattle graze at a military base in Florida. (Wirepec/iStock/Getty Images)

Florida finds atypical BSE case

Chicago | Reuters — A six-year-old beef cow in Florida tested positive for bovine spongiform encephalopathy (BSE), the U.S. Department of Agriculture said on Wednesday. The animal tested positive for atypical H-type BSE on Aug. 26 at the Colorado State University’s veterinary diagnostic laboratory, as part of routine surveillance of cattle that are found to […] Read more


(NHC.noaa.gov)

Irma whips orange trees, shuts meat plants

Chicago | Reuters — Hurricane Irma stripped oranges from trees and prompted Tyson Foods to shut meat plants in Florida and Georgia on Monday to keep workers safe. Tyson, the biggest U.S. meat company, hopes to resume normal operations soon at chicken plants it shuttered in Cumming, Dawson and Vienna, Ga., and at a beef […] Read more

(NHC.noaa.gov)

From sugar mills to hog farms, U.S. agriculture braces for Irma

Chicago/New York | Reuters — Hurricane Irma sent farmers and food companies scrambling to protect processing facilities, farm fields and animal herds in the south and southeastern parts of the U.S. on Wednesday. Florida sugar and citrus processors rushed to secure rail cars and equipment that could be crushed, blocked or turned into flying projectiles. […] Read more


A satellite view of Hurricane Matthew at about 1 p.m. ET on Oct. 6, as the hurricane regained Category 4 status. (NASA/NOAA GOES Project)

U.S. farmers race to ready for Hurricane Matthew’s blast

New York | Reuters — Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, roiled commodities markets and forced companies from cane refiners to orange juice makers to shutter as it whipped its way toward the southeastern U.S. on Thursday. Southeastern companies were closing down operations ahead of a storm that could threaten some […] Read more