AJC stocks rose in August despite import slowdown

The U.S. imported just 21.6 million single-strength-equivalent gallons of apple juice in August, an extremely low volume for the month. The five-year average for August is 41.5 million SSE gallons. Imports in August 2018, at 49.3 million SSE gallons, were higher than average due [...]

Good export sales continue for soybeans

Net soybean export sales for the week of Oct. 10 were 1.6 MMT (58.8 million bushels), down 24 percent from the previous week’s strong showing. Outstanding sales were just over 13.0 MMT (477.8 million bushels), down 18 percent from outstanding sales a year ago—but [...]

How far out are pending trade agreements?

U.S.-Japan: On Monday, Sep. 16, President Trump informed Congress that he had reached an initial trade deal with Japan. The president noted his intent to sign an agreement before the end of September with a key goal being “more fair and reciprocal trade” between [...]

July’s AJC imports lowest since 2011

The U.S. imported just 20.2 million single-strength-equivalent (SSE) gallons of apple juice in July, a notably small volume for the last month of the marketing year and the lowest for any month since 13.1 million SSE gallon in November 2011. Despite the drop in [...]

China sugar industry plans to lobby for tariffs

Mills will be asking the Ministry of Commerce to extend tariffs originally set in 2017 that would support domestic sugar pricing, per Reuters. A year ago, the Chinese government levied tariffs on all out-of-quota (OOQ) sugar, which meant that developing nations were no longer [...]

2018/19 soybean exports should beat August forecast

The U.S. exported 873,260 MT of soybeans during the week ending Aug. 22, down 26 percent from the previous week but still more than a third above the necessary weekly average for the rest of August. Cumulative exports totaled 45.0 MMT (1.65 billion bushels). [...]

AJC imports dropped sharply in June

Apple juice imports in June were just 27.4 million single-strength-equivalent (SSE) gallons, down almost a third from import volume during June 2018. Cumulative 2018/19 imports were 439.0 million SSE gallons, down 6 percent from Aug-Jun 2017/18. Since January, imports from European origins have supplied [...]

A currency front in the U.S.-China trade war

Nearly two years after Office of the U.S. Trade Representative (USTR) began investigating China over IP concerns and 11 months after the bulk of tariffs went into effect, President Trump announced a tariff of 10 percent on some US$300 billion of Chinese exports—upping the [...]