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 [...]

More palm oil production expected in Latin America

In response to global concern about the loss of tropical rainforests, Malaysia has promised to limit its palm plantations to a total of 6 million hectares. Malaysia will also work to certify all domestic production as sustainable by the end of 2019. Now that [...]

U.S.’s January OJ imports up 23 percent YOY

The U.S. imported 56.5 million single-strength-equivalent (SSE) gallons of OJ in January, 30 percent as NFC juice. Brazil provided just over half of all OJ imports and 80 percent of NFC. Mexico was the source of nearly all the remaining orange juice volume, including [...]

Brazil center-south sugar production down 26.5 percent

With half of March left in the center-south sugarcane campaign, sugar production is reported at 26.38 MMT for 2018/19, down 26.5 percent from production last season. While cane crush is reported down just 3.8 percent from April through mid-March, the sugar share now stands [...]