Pain as India’s monsoon drags its feet

On the heels of deficient pre-monsoon rains for India, an already delayed monsoon may have been further slowed and weakened by the now-dissipated Cyclone Vayu. As of most recent reporting by the India Meteorological Department (colloquially, “Met”), the monsoon has reached less than 15 [...]

Cocoa 2019/20 selling; top origins seek 2020/21 price floor?

As speculators have been establishing new longs and buying into strength, Ivory Coast and Ghana have been busy forward selling next year’s crop and working to coordinate their cocoa activities. One month ago, speculative funds were effectively flat, neither long nor short. Since then, [...]

Pongamia may be good oilseed crop for Florida

California-based TerViva has patented high-yielding pongamia trees that can yield up to ten times more oil and three times more protein per acre compared to soybeans (according to the TerViva research). Also, these trees require little to moderate amounts of water, fertilizer, pesticides, and [...]

Growth seen for sugar domestic deliveries?

For the current market year, all domestic sugar deliveries totaled 7.115 million STRV from October through April. This volume shows a healthy growth of 2.5 percent from the deliveries volume for the same period last year. Growth in deliveries has come from cane sugar, [...]

Florida Valencias lowered to 41.0 million boxes

With Florida’s 2018/19 orange harvest nearly complete, USDA lowered Valencia production by 1.0 million 90-lb boxes from the May estimate. All other orange production numbers—Florida early/mids, California, and Texas—were left unchanged. Florida’s orange production has closed the season down about 10 percent from USDA’s [...]