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



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

Mosaic Co. said its staff at Mulberry, Fla. are using this on-site 800-foot-deep ground water well to recover water lost from the sinkhole formation at their phosphate facility. (MosaicCo.com)

Sinkhole at Mosaic fertilizer site leaks radioactive water

Reuters — A sinkhole spanning 45 feet in diameter opened at a Mosaic Co. phosphate fertilizer facility in Florida, leaking 215 million gallons of “slightly radioactive water,” a company spokesman said Friday. Mosaic said the monitoring system at its New Wales facility at Mulberry, Florida, showed a decline in water levels on Aug. 27 from […] Read more