The July heat wave in Europe is not expected to continue and may thus have a very limited impact on European wheat crops. Although water usage restrictions have been imposed across French regions, harvest is already underway, limiting the potential for the wheat crop [...]
India’s government may not just maintain current export subsidies but expand them to cover other shipping and marketing costs, according to off-record sources. The main impetus for the move, of course, is the desire to reduce domestic sugar stocks and support sugar pricing, the [...]
The nation’s dairy herd maintained its downward trend in June, falling to the lowest level since Q1 2016. The latest milk production report showed that dairy cows declined by 15,000 head in Q2. Milk production in the largest 24-states rose fractionally, up just 0.1 [...]
The Annual Report on Catering Industry Development of China 2019 (ARCIDC) released in June found that China is now the second largest food and beverage economy in the world by revenue, with the U.S. at number one. Before last year, food and beverage revenue [...]
European grind for Q2 2019 came in at 344,890 MT, down 3.2 percent from Q1 2019, the first YOY quarterly grind decline after nine quarters of YOY gains. Asian Q2 grind was reported at 215,574 MT, up an impressive 16.3 percent from Q2 2018 [...]
As of Jul. 21, 40 percent of the U.S. soybean crop had bloomed and 7 percent had set pods. Crop condition held steady week over week at 54 percent good to excellent and 12 percent poor to very poor. The five-year averages for this [...]
Bean arrivals at major Ivory Coast ports from October through mid-July were estimated near 2.09 MMT, up from 1.91 MMT a year prior. This is an increase of around 9.4 percent YOY. Midcrop arrivals are expected to surpass half a million metric tons, surpassing [...]
This year, U.S. imports of the major juices (orange, apple, grape, and pineapple) totaled 515.1 million single-strength-equivalent (SSE) gallons, down 7.5 percent from Jan-May 2018. Total imports were lower each month this year, due in part to the decline in orange juice imports as [...]
