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 [...]

WASDE: USDA lowers corn use, raises soybean crush

Today’s WASDE report confirmed the market’s expectation for lower corn utilization for ethanol, which USDA lowered by 25 million bushels, to 5.550 billion bushels. USDA also lowered U.S. corn exports by 75 million bushels, a move that was less expected but not out of [...]

Brazil center-south ethanol sales up as crush winds down ahead of the new campaign

For the 2018/19 April-March center-south cane campaign, crush through mid-February is up 3.6 percent YOY. With the sugar share at 35 percent for the season to date, cumulative sugar production reached 26.36 MMT, down 26.5 percent YOY. Cane ethanol production, meanwhile, is up 19.5 percent [...]