A closer look at sugar deliveries, demand growth USDA forecasts for demand growth

USDA estimates sugar deliveries for food use shrank by half a percent in 2017/18 and as of last WASDE forecasts a 0.6 percent increase for that volume in 2018/19 at 12.125 million STRV. This volume is unchanged from forecasts in the previous months, though [...]

FCOJ market sees seasonal runup?

May-19 FCOJ futures have turned higher: Last week, the contract gained over 7 cents Monday and Tuesday during active trade. After a short pause last Wednesday, the market has continued to climb in the four trading days since, settling near a three-month high yesterday. [...]

Chasing cocoa’s rarer—or at least redder—colors

Since its highly publicized 2017 launch, Barry Callebaut’s ruby chocolate has made its appearance in a handful of products, with some high-profile products making their debuts for Valentine’s Day this year, including on Trader Joe’s shelves. Callebaut touts pink chocolate’s fruity notes, “natural” cred, [...]

Teaching sugarcane’s genome new bioenergy, biofuels, & bioplastics tricks

An international project is underway to sequence the sugarcane genome by 2020. One of the potential avenues for GM of cane will be the development of varieties better suited to the production of energy, fuels, and plastics. “Sugar is the last major cultivated plant [...]

Beware the Ides of March: Late, wet start for 2019 planting?

January and February saw substantial snowfall accumulation across the northern Central Plains, raising concerns about the volume of the spring thaw. The storm during Mar. 9-10 brought additional snowfall and blizzard conditions across the Dakotas, Minnesota, Wisconsin, and northern Michigan. Another event is forecast [...]

U.S. HFCS export fell 2 percent in 2018

USITC data for December show the U.S. exported 73,330 MT (dry weight) of HFCS during the month: 3,375 MT of HFCS-42 and 69,955 MT of HFCS-55, which raised cumulative 2018 HFCS exports to 1.046 MMT, slightly lower than annual exports in 2016 and 2017. [...]