Sugar
- According to cash traders, bulk sugar offers for 2025-26 were steady for both beet and cane sugar over the last week, with only a few small volume trades reported, as the annual sugar colloquium is scheduled to begin this weekend
- According to Yahoo Finance, analysts from sugar trader Czarnikow said they expect a global sugar surplus of 3.4 million metric tons (MMT) in the 2026/27 crop year, following an 8.3 MMT surplus in 2025
- Spot global sugar futures fell to their lowest level last week since October 2020, as world supplies remain ample, according to analysts
Dry Beans
- Domestic dry bean end users have completed their Q2 coverage and are assessing offers for Q3, according to this week’s updates from cash dealers
- The last round of USDA-posted weekly cash offers were 11-13% lower than last year’s levels for the spot position delivered to the warehouse for most dry bean varieties
Rice
- U.S. cash dealers report that domestic bookings of milled and industrial rice are complete through Q2, with buyers assessing offers for Q3
- In its latest Cereal Supply and Demand Brief, released on February 6, the Food and Agricultural Organization projected global rice production for 2025/26 at an all-time high of 561.6 million metric tons, up 2% year-over-year, reflecting a 2.9 million metric ton upward revision since December
- According to S&P Global, Indian rice exporters expect to capture a larger share of the U.S. market following the trade deal that lowers U.S. import duties, with the biggest gains likely in basmati rice
Flour
- The wheat markets were higher this week
- Current domestic 10-to-14-day weather forecasts are not showing any severe cold weather risks for the dormant U.S. winter wheat crop, according to analysts
- Per USDA data, commitments by overseas buyers to purchase wheat from the U.S. since the beginning of June are now up 16%, to 22.5 million metric tons
- According to Reuters, India is allowing the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products as the world's second-biggest producer seeks to support local growers, amid protests over a trade deal between New Delhi and Washington. India had banned wheat exports since 2022
- According to ADM Investor Services, Dmitry Rylko, the head of the IKAR consultancy, said on Friday he saw Russia’s 2026 wheat crop at 91.0 million metric tons, up from an earlier forecast of 88 million metric tons
Commodity Trends at Your Fingertips: Dive into the Farmer's Report
The data contained in the Farmer’s Report is provided for informational purposes only, is not tailored to your specific purchasing needs, and is not intended as a substitute for any other publicly-available market data or information. The Farmer’s Report is compiled from the last-received market data provided by the United States Department of Agriculture (USDA) and/or other market sources, and is subject to change without notice. Nothing herein is the opinion of US Foods®. US Foods neither assumes any legal liability nor makes any warranty or guaranty, either express or implied, regarding the completeness, accuracy or usefulness of this information.