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 [...]

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, [...]

U.S. net agricultural export totals adjusted downward

Last Thursday, May 30, USDA released its quarterly Outlook for U.S. Agricultural Trade, forecasting import and export value totals for the current year. USDA decreased its initial export value forecast by $4.5 billion, from $141.5 billion down to $137 billion. Lower forecasted export shipments [...]

FAO Sugar Price Index finally showing gains?

After falling 2.8 percent in 2018, FAO’s Food Price Index (FFPI) is down 2.7 percent YOY for the first four months of 2019. (The index, adjusted for inflation, uses as baseline food price data from 2002 through 2004.) Looking at monthly data, April 2019 [...]