Dairy herd near bottom as seasonal milk production ebbs

Total U.S. dairy cows whether measured across the 24 largest producing states or across the nation have held fairly constant the past three months with the September milk production report showing that total milk output is basically flat compared to last year. After steadily [...]

Sugar price index clocks fifth month of gains

Sugar price index up YOY: FAO’s sugar price index was up 11.1 percent YOY in August (adjusted for inflation). This marks the fifth straight month of YOY gains after nearly two years of declines. For 2019 to date, the sugar price index is still [...]

How far out are pending trade agreements?

U.S.-Japan: On Monday, Sep. 16, President Trump informed Congress that he had reached an initial trade deal with Japan. The president noted his intent to sign an agreement before the end of September with a key goal being “more fair and reciprocal trade” between [...]

Alternative meat revenue up 27 percent over two years

Annual alternative meat sales ending April 2019 totaled just over $800 million, a 27 percent increase over two years, per SPINS research as reported by Good Food Institute. This growth is likely due, in large part, to younger consumers. According to the latest U.S. [...]

Food prices up for first time since 2017

In July, FAO’s Food Price Index (deflated) saw its first YOY increase in 22 months. July’s Index was up 2.3 percent YOY, a considerable difference from the previous 12 months, which saw an average YOY decline of 6.4 percent. Looking at individual subindexes, both Meat and Sugar continued their [...]

Food Price Index finally ticks higher

FAO reported its Food Price Index appreciated by just 0.2 percent YOY in June, the first monthly YOY increase in 21 months. (Note: These figures are adjusted for inflation.) The increase comes courtesy of gains in three of the five subindexes: The Meat, Cereals, [...]