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
Tag Archives tropical storm
Orange juice prices near all-time high as storm hits Florida
Crop was already expected to be small
Some grain terminals restart after Ida as Nicholas rains arrive
Reuters — Another grain export terminal near Louisiana’s Gulf Coast shuttered for two weeks by Hurricane Ida restarted operations this week even as heavy rains from Tropical Storm Nicholas battered the region on Tuesday. Global grain trader Cargill said it had reopened its Westwego, La. grain export terminal and on Monday unloaded its first grain […] Read more
Harvey’s floods scatter cattle in Texas, swamp cotton fields
Chicago | Reuters — South Texas ranchers are scrambling to relocate cattle from massive flooding spawned by Tropical Storm Harvey, with many hauling livestock up to the north of the state while others rush to move the animals to higher ground nearby. About 1.2 million cattle are located in a 54-county disaster area drenched by […] Read more
Harvey’s rains sending fuel prices higher
Houston | Reuters — U.S. fuel prices surged on Monday as two more Gulf Coast refiners cut output and a third considered reductions, leaving more than 13 per cent of the country’s refining capacity offline after Tropical Storm Harvey flooded plants and shut seaports. The storm swung back over the Gulf of Mexico on Monday […] Read more
CBOT weekly outlook: Corn, soybeans eye Tropical Storm Harvey
CNS Canada — The potential for a storm in the Gulf of Mexico to bring rain to parts of the U.S. Midwest has caught the attention of the grain and oilseed markets. “If it turns farther north and hits some of the dry spots in Indiana, Ohio and Illinois that would be a little bit […] Read more
Cyber-Savvy Farmer
