Canada on track to record canola crush

Canadian canola processors crushed over 820,500 metric tons of the oilseed in November, up 18 percent from October’s volume and up 2 percent from November 2017. Although crush and oil and meal production have slowed down since summertime’s blowout pace, and Sep-Oct processing volumes [...]

Indonesia’s share of the global cinnamon market is falling

In 2017, global cinnamon production totaled nearly 224,150 metric tons, up 7 percent from five years earlier as demand continues to grow. The U.S. and India, the world’s top two destinations, are expressing robust demand for the spice. Indonesia has managed to hold on [...]

U.S. sugar deliveries for the wholesale sector

Deliveries to wholesale grocers, jobbers*, and dealers make up around 21% of all sugar deliveries for human use (average, 2013/14-2017/18), making this category the second largest. (The largest is bakery and cereal, though at 24% of all deliveries for human use, wholesale is a [...]

Palm oil prices up despite plentiful supply

A global glut of palm oil should be hindering price appreciation, but that hasn’t been the case recently. Prices are up considerably, but if bearish fundamentals prevail, the rise may be short-lived. Malaysian palm oil stocks were at a record 3.007 MMT at the [...]

USDA decides no mandatory GMO labeling for beet sugar, HFCS

The long-awaited USDA regulations for the National Bioengineered Food Disclosure Standard (NBFDS) have been released. USDA presented its decision as founded on extensive scientific research and precedents established by FDA. Perhaps the most notable part of the rule is that refined ingredients with undetectable [...]

Will China target Canadian exports over executive’s arrest?

The Canadian government’s arrest of Huawei CFO Meng Wanzhou at the request of U.S. authorities prompted outrage in China—along with seemingly retaliatory arrests of several Canadian citizens. There have also been calls on social media to boycott all Canadian brands. The tension could conceivably [...]

Strong U.S. cane crops still possible despite challenging weather

Even after the end of Hawaii cane cultivation and some adverse weather in recent months, U.S. cane sugar output could still hit USDA’s forecast of 4.04 million STRV, a 19-year high. Despite poor rains, Florida could reach a two- or three-year high on high [...]