Ilena Peng

Coffee futures rose to a fresh record in New York as US tariffs and crop concerns keep supplies constrained, risking further price hikes at cafes and supermarkets.

President Donald Trump unveiled sweeping tariffs on imported lumber and wood products that his administration says are needed to protect the US economy and boost domestic manufacturing. As of Oct. 14, softwood lumber faces 10% duties, while kitchen cabinets, bathroom vanities, and other finished wood goods are subject to 25% tariffs that rise further in January.

President Donald Trump unveiled sweeping tariffs on imported lumber and wood products that his administration says are needed to protect the US economy and boost domestic manufacturing. Starting Oct. 14, softwood lumber will face 10% duties, while kitchen cabinets, bathroom vanities, and other finished wood goods will be hit with 25% tariffs that rise further in January.

The food giant has left the Dairy Methane Action Alliance, an effort to reduce greenhouse gas emissions from herds of cattle.

One of the world’s biggest orange juice processors is turning to carbon credits to help finance the Brazilian citrus industry’s costly move away from disease-laden orchards.

Cocoa futures rose in New York and London as commercial buying offset pressure from better supply prospects and a possible delay to Europe’s landmark law to tackle deforestation.

Cattle futures prices rose to the highest in more than three weeks after a deadly pest was detected in Mexico just 70 miles away from the US border.

Cherries with no pits are set to (eventually) hit grocery shelves thanks to gene-editing technology.

US agricultural communities that had expected Trump to have their backs have found themselves flung into a second trade war. If the situation continues, it could put loyalties at risk.

Coffee futures hovered near an all-time high in choppy trading as market speculators bet on fears that tariffs and drought will lead to fewer supplies from top grower Brazil.